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 |
