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

To: hcirteg who wrote (7024)	3/8/1999 8:02:00 AM
From: EyeDrMike	Read Replies (2) \| Respond to of 7841

Seagate Announces VAR Program for Tape Products PR Newswire, Monday, March 08, 1999 at 07:17 Seagate's VAR Partners Program Enhances the Relationship Between Tape Resellers and the Company COSTA MESA, Calif., March 8 /PRNewswire/ -- Seagate Technology, Inc. (NYSE:SEG), a leading manufacturer of workstation and server tape drive products, today announced it is launching the Seagate VAR Partners Program on the World Wide Web ( reseller.seagate.com ). Designed exclusively for VARs (Value Added Resellers) selling tape backup solutions, the Seagate VAR Partners Program will enable Seagate to be more responsive and proactive to its resellers' need for information on its tape products and ultimately to assist resellers in selling those products. "This VAR program is the culmination of nearly a year's worth of work with a third-party research firm to determine reseller needs," said Kevin Perry, senior director of Marketing and Business Development for Seagate Removable Storage Solutions. "After conducting extensive qualitative and quantitative studies with several hundred North American resellers, we've thoroughly analyzed their needs and delivered what resellers want -- a VAR program with a significant Web component. The program allows Seagate and its resellers to learn, share and exchange pertinent information when, where and how resellers want it." The program has two levels -- Resource Partner and Premier Partner. All North American resellers can register as a Resource Partner. A Resource Partner has access to a dedicated reseller technical support line, enhanced tape product and compatibility information, product news and reviews, promotions, selling strategies, customer success stories, technical white papers and other sales, marketing and customer service tools. A Resource Partner also has access to Seagate Tape product resources and pre-sales support. North American VARs selling a minimum of 50 Seagate tape drives per quarter can apply for the Premier Partner level. In addition to the benefits available to a Resource Partner, a Premier Partner can call a toll-free number for dedicated technical support with priority access, be assigned a field sales representative, obtain end-user leads from Seagate marketing activities and is eligible to apply for marketing development funds (MDF). The Seagate VAR Partners Program is available to Value Added Resellers in North America who currently sell or are interested in selling Seagate tape products. To participate, VARs can register online at register.seagate.com. For additional information on the Seagate VAR Partners Program as well as Seagate's line of tape drives, see Seagate's Web site at reseller.seagate.com, or call 800-626-6637 or 714-641-2500.

To: hcirteg who wrote (7024)	3/8/1999 8:15:00 AM
From: EyeDrMike	Respond to of 7841

Seagate Anticipates One-Time Restructuring Charge in Q3FY99 PR Newswire, Monday, March 08, 1999 at 08:02 SCOTTS VALLEY, Calif., March 8 /PRNewswire/ -- Seagate Technology, Inc. (NYSE:SEG) today announced that the Company expects to take a one-time charge in the current fiscal quarter related to the restructuring of certain worldwide operations. This includes the previously announced closure of the Company's microelectronics manufacturing facility in Livingston, Scotland, consolidation of global customer service facilities, and additional actions necessary to further increase the productivity and efficiency of worldwide operations. The Company expects the charge to be in the range of $50 - 60 million. Seagate also stated that the sale of its Seagate Software NSMG operation to Veritas is now expected to close during its fourth fiscal 1999 quarter. Seagate Technology, Inc. is a leading provider of technology and products enabling people to store, access, and manage information. The Company is committed to providing best-in-class products to help people get information when, where and how they want it. Seagate is the world's largest manufacturer of disc drives, magnetic discs and read-write heads, an innovator in tape drives, and a leading developer of Enterprise Information Management software. Seagate can be found around the globe and at seagate.com. For automated news, stock and financial information by phone, dial toll-free 877-SEG-NYSE. Outside the U.S. and Canada, dial 760-704-4368.