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Hitachi Completes Buy of Fabrik

SAN JOSE, Calif. -- Hitachi Global Storage Technologies (Hitachi GST), today announced that it has completed the acquisition of privately held Fabrik, Inc. Fabriks business will form the core of Hitachi GST's new Branded Business division. Fabrik’s leading storage brands include G-Technology™, offering premium external storage solutions for the Apple® Mac®, content creation and professional audio/video markets; and SimpleTech™, an innovative leader in PC-based external storage and backup solutions.

Mike Cordano, Fabrik CEO and co-founder, joins Hitachi GST as executive vice president of Sales and Marketing and president, Branded Business. He will lead the Hitachi GST external storage business, as well as the company's worldwide sales and marketing organizations. Mr. Cordano is a 20-year data storage industry veteran and previously served as executive vice president of Worldwide Sales and Marketing at Maxtor Corporation.

“Completing the Fabrik acquisition strategically expands our market presence and represents the next phase of our business transformation,” said Steve Milligan, president of Hitachi GST. “We are also pleased to welcome Mike Cordano and the Fabrik team to Hitachi GST. Mike’s entrepreneurial approach, proven leadership and storage industry expertise will deliver superior value to our customers worldwide.”

Hitachi Global Storage Technologies (Hitachi GST)