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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET! -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (2228)	8/4/1999 2:13:00 PM
From: bob zagorin	Read Replies (2) \| Respond to of 2253

HMT Qualified to Begin Supplying Advanced Media to Western Digital Corporation for its 20.5GB Desktop Hard Drive Program FREMONT, Calif.--(BUSINESS WIRE)--Aug. 4, 1999--HMT Technology Corp. (Nasdaq:HMTT) today announced that its 6.8 GB per disk giant magnetoresistive (GMR) media is qualified and now shipping to Western Digital Corporation's Caviar series 20.5 GB desktop hard drive program. "We are excited about this new program and look forward to our continuing relationship with Western Digital and participating in bringing their new products to market. We are very pleased that our advanced GMR media using HMT's patented, super smooth data zone texture has been well received by our customers," said Ron Schauer, Chairman, President and CEO of HMT. The statements in this news release may contain forward-looking statements that involve risks and uncertainties that could cause actual results to differ from predicted results. Further information on factors that could affect the company's results is detailed in the company's reports on Form 10-K for the year ended March 31, 1999 as filed with the Securities and Exchange Commission. The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. HMT Technology Corporation independently designs, develops, manufactures and markets high-performance thin-film disks. The company's products are used in high-capacity hard disk drives for a variety of high-end applications, including personal computers, network servers and workstations, and certain removable hard disk drive applications. The disks currently being shipped by HMT primarily have coercivity levels of 2100 to 3300 Oersted, a measure of storage capacity, and glide heights of 1.2 to 0.7 microinches. The company's shares are traded on the Nasdaq National Market under the symbol HMTT. Additional information may be obtained by visiting HMT's website at hmtt.com, or by contacting the company directly. CONTACT: HMT Technology Corporation Peter Norris, 510/490-3100 Investor Relations, 510/683-6000