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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Mark Oliver who wrote (4773)	10/20/1998 9:01:00 PM
From: CPAMarty	Respond to of 9256

Ultrastorage Showdown newmedia.com

To: Mark Oliver who wrote (4773)	10/22/1998 9:51:00 AM
From: Sam	Respond to of 9256

HMT Begins Shipping New Advanced Media to Samsung 4.3GB Per Disk Technology for the SpinPoint SV Hard Drive Family Company Press Release FREMONT, Calif.--(BUSINESS WIRE)--Oct. 22, 1998--HMT Technology (Nasdaq:HMTT - news) today announced that Samsung Electronics Storage Systems Division has qualified HMT's magnetoresistive (MR), laser-textured media for Samsung's recently announced SpinPoint SV series 4.3, 8.4 and 12.9GB disk drives. ''We are continually pleased to be working with Samsung on thier advanced MR programs. Our relationship with Samsung continues to bring leading edge products to market,'' 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, 1998 and Form 10-Q for the period ended June 30, 1998, 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 2000 to 3000 Oersted, a measure of storage capacity, and glide heights of 1.5 to 0.8 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 or Stapleton Communications Deborah Stapleton, 650/470-0200