Seagate Technology plc, a world leader in storage solutions, today announced it is shipping the world's fastest hard drive - the Seagate Enterprise Turbo SSHD. The industry's first enterprise solid state hybrid drive (SSHD), the Enterprise Turbo SSHD combines the capacity of a hard drive with solid-state flash enabling high-speed performance for mission critical data.

Setting a new standard in mission critical performance, the Enterprise Turbo SSHD provides up to a 3X increase in random performance over existing 15K-RPM drives and is available with up to 600 GB of capacity. By unifying the best of solid-state and magnetic technologies, Turbo improves tiered storage performance combining accelerated speed with hard disk drive (HDD) high-capacity.

Seagate Technology plc, a world leader in storage solutions, today unveiled two new enterprise-class hard disk drives (HDD) optimized for emerging cloud infrastructures and large scale data centers- the Seagate Terascale HDD and the Seagate Enterprise Performance 10K HDD v7. Ideal for system builders, the Terascale HDD and Enterprise Performance 10K HDD v7 provide high-capacity storage in low-power configurations making them perfect for efficiently and affordably storing the ever-growing amount of unstructured data typically stored in the cloud.

"Over the next eight years, the capacity shipped into the cloud will double and by 2020 personal and enterprise clouds will account for greater than 60 percent of the total storage capacity shipped. With this huge shift of capacity to the cloud, storage providers will need to deploy more storage quickly all while increasing capacity and lowering energy costs," said Scott Horn, Seagate vice president of marketing. "Engineered with this mind, these new drives deliver on all fronts providing high capacity-to-power ratios and ensuring consistent performance at an affordable cost- making them an ideal solution for the cloud."

ASUSTOR Inc., a leading innovator and provider of network storage solutions, has announced today that all of its NAS products are fully compatible with Seagate's newly launched range of NAS hard drives. These hard drives come in 2TB, 3TB and 4TB models with their model numbers being ST2000VN000, ST3000VN000 and ST4000VN000. By supporting these hard drives, ASUSTOR is able to give its users greater flexibility and choice when configuring their network attached storage devices.

ASUSTOR NAS are the first NAS devices in the world to be designed entirely around an App-based concept. Built on a stable and high performance hardware platform, ASUSTOR NAS devices provides users with an intuitive UI that closely resembles the simplicity enjoyed on most tablet computers. After installing hard drives onto the NAS device, users will be able to set up their very own personal cloud server in just a few easy steps. Additionally, users can download any NAS Apps of their choice from ASUSTOR's App Central, expanding functionality and creating a customized device for themselves.

Seagate Technology plc, a world leader in storage solutions, today announced it's shipping its thinnest hard disk drive (HDD) ever to OEM partners - the Seagate Laptop Ultrathin HDD. Just 5mm thin, the Laptop Ultrathin HDD is designed to be integrated into ultra-thin, lightweight mobile computing devices and tablets all while delivering high capacity storage at an affordable price.

"When we originally demonstrated this solution last September, we knew we had a truly innovative product that would empower our partners to reimagine mobile applications," said Steve Luczo, president, CEO and chairman of Seagate. "The strong support from our OEM partners indicates we have delivered on our vision and look forward to a new wave of innovative solutions enabled by this revolutionary product."

Seagate Technology today announced the new Seagate Video 3.5 HDD- the industry's first 4TB, 3.5-inch hard disk drive (HDD) engineered specifically for use in video applications such as digital video recorders (DVRs), set-top boxes (STBs), and surveillance systems. Purpose-built for video solutions, the Video 3.5 HDD can store up to 480 hours of high-definition (HD) content making it the industry's highest-capacity drive designed specifically for video.

Engineered to deliver superior performance and operation in three key areas of importance to manufacturers- high capacity and streaming capability, reliability and acoustics- the Video 3.5 HDD is ideal for satellite and cable providers and surveillance system builders. Featuring capacities up to 4TB, the drive supports up to 16 simultaneous HD streams or 20 standard-definition streams as well as 24x7 operation capabilities making it ideal for video content applications.

Seagate Technology plc. today announced that it intends, subject to market and other conditions, to offer up to of $1.0 billion aggregate principal amount of senior notes (the "Notes") in a private placement. The Notes are expected to be issued by Seagate HDD Cayman, an indirect wholly-owned subsidiary of Seagate Technology plc, and guaranteed by Seagate Technology plc.

Seagate intends to use the net proceeds from the offering of the Notes to replenish cash associated with the recent redemption of the 10% Senior Secured Notes, to retire up to an aggregate amount of $250 million of outstanding senior notes, and for general corporate purposes, which may include, but are not limited to, capital expenditures and other investments in the business, and other repurchases of indebtedness.

Seagate Technology plc. today reported financial results for the quarter ended March 29, 2013. During the fiscal third quarter, the Company reported revenue of approximately $3.5 billion, gross margin of 26.9%, net income of $416 million and diluted earnings per share of $1.13. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 27.6%, net income of $464 million and diluted earnings per share of $1.26.

The Company generated $678 million in operating cash flow, repurchased three million ordinary shares for approximately $102 million and paid $379 million for the early redemption of long-term debt. For the first nine months of the fiscal year, the Company has returned 75% of its operating cash flow to shareholders in dividends and share redemptions. Cash, cash equivalents, restricted cash, and short-term investments totaled approximately $2 billion at the end of the fiscal third quarter.

Seagate reportedly began shipping the industry's first 4 TB-class hard drives with 1 TB per platter density. Slotted in the company's Barracuda 7200.15 series, the drive provides 4000 GB of unformatted space, backed by 7,200 RPM spindle-speed, 64 MB buffer, and SATA 6 Gb/s interface. The drive is said to provide sequential speeds as high as 146 MB/s, with the 6 Gb/s interface enhancing buffer-to-host burst speeds. When it reaches stores, the OEM trim (drive-only) can be purchased for as low as US $190, and the retail version (boxed, with cables and documentation), for $212. At these prices, Seagate is claiming the lowest price-per-GB for any internal storage device in the industry. The terabyte platter technology should also make it possible for Seagate to launch a 5-platter 5000 GB hard drive soon.

Seagate Technology plc (NASDAQ: STX), a worldwide leader in storage solutions, today announced it is the first hard disk drive manufacturer to ship two billion hard disk drives (HDD)-a staggering number fueled by the explosive demand for storage from mobile applications, cloud infrastructures, social media, business applications and a wide variety of consumer markets. A testament to the pivotal role played by storage in today's digital world, it took Seagate 29 years to reach one billion units shipped and just four years to reach the second billion milestone.

"This is truly an impressive accomplishment and I am proud to lead this company as we celebrate this success," said Steve Luczo, president, CEO and chairman of Seagate. This achievement is a testament to the commitment of our employees whose relentless dedication and personal pride continue to be the fabric of this company."

Building on the momentum of its current line of solid state hybrid drives (SSHD), Seagate Technology plc today announced it will begin shipping its third-generation of SSHD products. Featuring the Seagate Laptop SSHD, 7 mm-high Seagate Laptop Thin SSHD designed for the thinnest and lightest laptops in the industry, and the all-new Seagate Desktop SSHD, the line of drives will deliver blazing-fast performance and high-capacity at an affordable price.

Boasting solid state drive (SSD) like speed and hard disk drive capacity, the new Seagate Laptop and Laptop Thin SSHDs are the most affordable way to increase your laptop performance. With storage performance up to 40 percent faster than previous generations, the Laptop and Laptop Thin SSHDs can add as much as 30 percent to total system performance - regardless of the processor inside the system. These products also enable system builders to build high-performance, high-capacity systems, including new thin and light laptops, at mass-market price points.

Seagate Technology plc today announced Seagate Business Storage, its newest network-attached storage (NAS) product line for small office / home office (SOHO), remote mobile office (RMO) and small to medium-sized business organizations (SMBs). To address the changing needs of growing businesses, Seagate Business Storage delivers centralized backup, data protection and remote access to critical business information in capacities ranging from 2 TB up to 16 TBs.

For business collaboration and backup protection, the new Seagate Business Storage provides a secure cost-effective solution that works well with existing cloud backup and online sharing services. Business Storage's centralized backup capability takes the guesswork out of providing employees with backup protection and sharing across multiple computing platforms. Designed to backup all PC and Mac computers in an organization to a single centralized location, this new NAS includes backup software for Windows PCs and is also compatible with Apple's Time Machine for backup of Mac OSX computers.

Seagate Technology plc., a worldwide leader in storage solutions, and Virident Systems Inc., the performance leader in flash-based storage-class memory (SCM) solutions, today announced a strategic agreement to jointly deliver solutions for the growing enterprise flash storage market. Under the agreement, Seagate will immediately offer a complete line of flash-based PCIe solutions to its OEM and distribution partners. In addition, Seagate and Virident intend to leverage their mutual strengths to create next-generation hardware and software solutions for the solid-state storage market. In conjunction with the agreement, Seagate has made a strategic equity investment in Virident, and will appoint one member to the Virident Board of Directors.

"Seagate is thrilled to team with Virident, a technology leader in one of the fastest growing markets in enterprise and cloud computing," said Gary Gentry, senior vice president and general manager, Solid State Drives at Seagate. "Together, we are working to develop the next-generation hardware and software solutions in the PCIe space. Our solid-state strategy is founded on both in-house development and through strategic partnerships with innovative companies to deliver the broadest portfolio in the industry. We believe that this strategic agreement immediately strengthens our leading position in the enterprise storage market by adding a broad line of Seagate flash-based PCIe solutions powered by Virident to our portfolio. We look forward to a long, productive partnership with Virident."

Seagate Technology plc (NASDAQ: STX) today reported financial results for the quarter ended December 28, 2012. During the fiscal second quarter, the Company reported revenue of approximately $3.7 billion, shipping 58 million units. On a GAAP basis, Seagate reported gross margin of 27.0%, net income of $492 million and diluted earnings per share of $1.30. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 27.6%, net income of $523 million and diluted earnings per share of $1.38. Cash flow from operations in the quarter was $844 million and the Company returned $1.1 billion to shareholders in dividends and share redemptions. Cash, cash equivalents, restricted cash, and short-term investments totaled approximately $2.0 billion at the end of the fiscal second quarter.

"Seagate is executing well in an environment where customer demand forecasting is challenging," said Steve Luczo, Seagate's chairman, president and chief executive officer. "Looking ahead, we will continue to manage our business conservatively to the demand environment, focus on profitability and effectively invest for market leadership in storage for mobility, cloud and open source. Creating value for shareholders remains a top priority, and in the first half of fiscal 2013, we returned over 95% of operating cash flows through share redemptions and dividends."

Thecus announces the Seagate and Toshiba HDD internal 3.5 hard drive addition. Thecus is constantly providing the most updated HDD on the market to pair with Thecus NAS. Thecus has been hard at work keeping its compatibility lists ahead of the market and has added a number of new compatible hard drives for a number of different NAS.

Seagate Technology plc today announced selected preliminary financial results for its fiscal second quarter of 2013, which ended on December 28, 2012.

Seagate expects to report fiscal second quarter 2013 revenue of at least $3.6 billion and gross margin of more than 27%, reflecting unit shipments of approximately 58 million and maintaining market share. These preliminary results compare to the Company's previous expectations for revenue of approximately $3.5 billion and gross margin at the lower end of the Company's long-term non-GAAP gross margin range of 27% to 32%.

Seagate Technology plc today announced, its next-generation, networked home storage solution, Seagate Central shared storage, the first storage device to feature a Smart TV app for access to files on the big screen. A CES 2013 Innovations Honoree, Seagate Central delivers automatic backup for the entire home, access to digital movies and music from networked devices, as well as remote access from outside a home network. Seagate has also taken a new step in making Central storage a low-profile horizontal design, which takes cues from home entertainment and looks great in any living room.

Simple, Central Multi-Computer Backup

Seagate built this product for simplicity. By focusing on the number one need for homes with more than one computer, Seagate designed an easy, centralized backup for each computer in the home, regardless of operating system. Seagate retooled the software and user experience for the Seagate Central shared storage so that it seamlessly provides a backup for each system on a home network, even in a mixed platform environment of Windows OS and Mac OS X computers. In addition to automatic and continuous backup of all the computers in a home, Seagate Central can also backup photos and videos directly from Facebook, a feature first introduced in the award-winning Backup Plus line of external drives.

Seagate Technology plc today announced the next evolution of the company's wireless storage category, Seagate Wireless Plus mobile device storage at the 2013 Consumer Electronics Show. Designed to wirelessly stream content for up to eight smartphones or tablets with enough space for up to 500 high-definition movies, this new wireless hard drive, will extend the limits of today's mobile lifestyle. The new Seagate Wireless Plus now also includes a 10-hour battery life to match that of most tablets and smart phones. With the integrated 1 TB drive you'll have all you need to be entertained anywhere including long road trips or flights - without an Internet connection.

Seagate Wireless Plus mobile device storage is accessed through the mobile Seagate Media app for Apple iOS, Android and Kindle Fire HD devices. The Seagate Media app has been developed for all major mobile devices, including Android, Kindle Fire HD, Apple iOS and will also work with just about any device that can connect to a Wi-Fi network. Additionally, you can use Wireless Plus to enjoy video, photos, music and even documents on the big screen via Apple Airplay, DLNA or an app designed specifically for Samsung Smart TVs and Blu-ray players.

Storage and application processor maker Marvell Technology has been ordered by a Federal Jury in the US state of Pennsylvania to pay a local university $1.17 billion in damages for patent-infringement. Carnegie Mellon University (CMU) developed and patented a technology that "increases the accuracy with which hard disk drive circuits read data from high-speed magnetic disks," which Marvell has been found to be infringing. Why $1.17 billion? Because these chips are an indispensable component in modern mechanical hard disk drives, made by both Seagate and WD, among others.

If and when US District Court Judge Nora Barry Fischer agrees with the Jury ruling that Marvell's infringements of CMU's patents are "willful," the fine could triple, according to K&L Gates. The jury found that Marvell sold "billions" of chips carrying the University's technology. What makes this verdict important for the PC industry is that since Marvell's HDD components are widely incorporated in HDDs across various brands, should CMU seek a sales-ban, it could potentially affect HDD production the way last year's unfortunate floods in Thailand did.

QNAP Systems, Inc. announced today a major expansion of the number of compatible peripherals available for its Turbo NAS products. The major additions include ten 3.5-inch internal SATA hard drives and a Kingston 2.5-inch internal SATA hard drive.
The newly compatible 3.5" internal SATA hard drives:

• Seagate - ST2000DM001 (2TB), ST2000NC000 (2TB), ST1000NC000 (1TB), ST3000NM0033 (Constellation ES.3) (3TB), ST2000NM0033 (Constellation ES.3) (2TB), ST1000NM0033 (Constellation ES.3) (1TB), ST500DM002 (500GB)
• Western Digital - WD4000FYYZ (4TB), WD3000FYYZ (3TB), WD2000FYYZ (2TB)
  The newly compatible 2.5" internal SATA hard drive:
• Kingston - SSDNow E100 (100GB)

Seagate Technology today announced the Seagate Video 2.5 HDD, a 2.5-inch drive specifically engineered for use in 24/7 video applications like digital video recorders (DVRs), set-top boxes (STBs), and surveillance applications.

The Video 2.5 HDD delivers superior performance and operation in three key areas of importance to manufacturers - high reliability, acoustics, and energy efficiency. Featuring best in class reliability, the drive has an annual failure rate of approximately 0.55, based on current configurations, enabling it to keep product in the field longer while reducing the cost of field deployment and maintaining customer retention. It also boasts 24/7 operation capabilities in extended temperature ranges and enhanced acoustics for near silent operation - features crucial for consumer electronics and video applications.

Seagate Technology plc (NASDAQ: STX) today announced that Steve Luczo, president, CEO and chairman of Seagate has been named one of Fortune Magazine's top Businesspersons of the Year for 2012. This prestigious annual ranking honors the top performing leaders across multiple industries.

Selections were made from a variety of factors, including financial results, stock performance and market value of the company, as well as strategic savvy, the ability to gracefully steer a very large organization, risk taking, and cultural significance.

World Cyber Games, Inc. (WCG), the recognized blue chip leader for international video game competitions, announced the partnership with Korean Air, NVIDIA and Seagate (alphabetical order).

As the leaders of each industry, Korean Air joined the WCG sponsor line as the festival sponsor, and NVIDIA and Seagate as the official sponsor to provide various services at the WCG 2012 Grand Final which will be held in Kunshan, China from November 29th to December 2nd.

Seagate Technology plc today reported financial results for the quarter ended September 28, 2012. During the first quarter, on a GAAP basis the company reported revenue of approximately $3.7 billion, gross margin of 28.4%, net income of $582 million and diluted earnings per share of $1.42. On a non-GAAP basis, which excludes the net impact of certain items, Seagate reported gross margin of 29.0%, net income of $594 million, and diluted earnings per share of $1.45.

In the September quarter, Seagate generated approximately $1.1 billion in cash from operations, paid cash dividends of $127 million and redeemed approximately 20.5 million ordinary shares or approximately 5% of ordinary shares at the beginning of the fiscal quarter for approximately $669 million. During the nine months ended September 28, 2012, Seagate redeemed approximately 109 million ordinary shares, resulting in an approximate reduction of 17% of the Company's share count. Cash, cash equivalents, restricted cash, and short-term investments totaled approximately $2.5 billion at the end of the first quarter, a sequential increase of approximately $259 million.

QNAP Systems, Inc. announced today a major expansion of the number of compatible peripherals available for its family of Turbo NAS products. The major additions include a Seagate 2.5-inch 1TB internal SATA hard drive and 2.5-inch 1TB external storage device, two Arkeia Software 3rd party software apps and seventy network cameras.

With the consumer availability of Microsoft Windows 8 operating system, Seagate Technology plc is helping to make the move as seamless as possible for those making the upgrade. Seagate Backup Plus family of drives is the essential upgrade tool to ensure that all your important files make the move with you. All of Seagate's external storage devices are compatible with current Windows 7, Windows Vista and Windows XP, and will also work with the new Windows 8 OS.

According to Gartner's Forecast Analysis: PC OS Market, Worldwide, 2008-2015, 2011 Update, July 2011; "By the end of 2012 it is expected that 9.6 million of the installed base of personal computers will run Windows 8 and by 2013, it is predicted that 193.2 million personal computers in use will be running Windows 8."