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Technology Stocks : Read-Rite -- Ignore unavailable to you. Want to Upgrade?

To: Mark Madden who wrote (4830)	12/21/1999 9:57:00 PM
From: Daniel	Respond to of 5058

Copy of (vs. just reference to) Dec. 1 qualification release #1: Wednesday December 1, 8:02 am Eastern Time Company Press Release SOURCE: Read-Rite Corporation Read-Rite Announces GMR Qualification on Samsung's SpinPoint 9.1GB and 10.2GB Hard Disk Drive Programs MILPITAS, Calif., Dec. 1 /PRNewswire/ -- Read-Rite Corporation (Nasdaq: RDRT - news) today announced qualification of its GMR head stack assemblies (HSAs) for Samsung Corporation's 9.1GB per platter and 10.2GB per platter SpinPoint hard disk drive programs. As announced at the end of October, Read-Rite has already begun ramping up volume production in anticipation of these qualifications, and volume shipments have already begun. ''We are extremely pleased to have been chosen as a key supplier on Samsung's SpinPoint 9.1GB and 10.2GB programs. We have an excellent working relationship with Samsung and look forward to continuing this strong developmental team effort on future qualifications,'' said Alan S. Lowe, president and chief operating officer. Read-Rite Corporation is one of the world's leading independent manufacturers of magnetic recording heads, head gimbal assemblies (HGAs) and head stack assemblies (HSAs) for disk drives and tape drives. The company is headquartered in Milpitas, California and has operations in Japan, Thailand, the Philippines and Singapore. The company's home page on the world wide Web can be reached at readrite.com. This news release contains statements which include forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Act of 1934, as amended, and is subject to the ''safe harbor'' created by those sections. These statements include, but are not limited to: the company's expectation that it will continue its strong developmental team effort with Samsung on future qualifications. The company's actual results for future periods could differ materially from those projected in such forward-looking information. Factors that could cause actual results to differ include, but are not limited to: There may be a reduction, cancellation or rescheduling of orders from Samsung, the company may be unsuccessful in qualifying future products at Samsung Corporation; the company's ability to sustain volume production of pico GMR heads cost-effectively and to maintain satisfactory yields on the GMR heads for Samsung; and/or the risk factors described in the company's reports filed with the Securities and Exchange Commission, including, but not limited to, its most recent Annual Report on Form 10-K for fiscal 1998 and quarterly reports on Form 10-Q for the first, second and third quarters of Fiscal Year 1999. Read-Rite undertakes no obligation to update forward-looking statements to reflect events or circumstances occurring after the date of such statements. SOURCE: Read-Rite Corporation

To: Mark Madden who wrote (4830)	12/21/1999 9:58:00 PM
From: Daniel	Respond to of 5058

second qualification: Wednesday December 1, 4:00 pm Eastern Time Company Press Release SOURCE: Read-Rite Corporation Read-Rite Qualified on Western Digital's 9.1GB and 10.2GB Caviar Disk Drive Programs MILPITAS, Calif., Dec. 1 /PRNewswire/ -- Read-Rite Corporation (Nasdaq: RDRT - news) today announced it is qualified and shipping GMR HGAs, at an areal density of 6.6 gigabits per square inch, for Western Digital's 9.1GB per platter and 10.2GB per platter Caviar 5400 rpm programs. Read-Rite is shipping head gimbal assemblies and head stack assemblies with up to six heads per stack for the Caviar program. ''These qualifications mark Read-Rite's first two GMR programs with Western Digital. We are excited to be supplying our GMR technology to WD on these leading edge desktop programs,'' said Alan S. Lowe, president and chief operating officer. ''The ability of the technical teams to work together on these ever more complex programs is a sign of the strength of the virtual vertical integration model in the industry,'' he added. Read-Rite Cooperation is one of the world's leading independent manufacturers of magnetic recording heads, head gimbal assemblies (HGAs) and head stack assemblies (HSAs) for disk drives and tape drives. The company is headquartered in Milpitas, California and has operations in Japan, Thailand, the Philippines and Singapore. The company's home page on the World Wide Web can be reached at readrite.com . SOURCE: Read-Rite Corporation