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Seagate Acquires MetaLINCS

SCOTTS VALLEY, Calif. -- Today, Seagate Technology (NYSE:STX) announced that it has signed an agreement to acquire MetaLINCS, a technology leader in the fast-growing E-Discovery market. MetaLINCS's innovative, patent-pending software helps companies respond to litigation and regulatory issues that require them to search large volumes of electronic data for relevant information. MetaLINCS will become part of the Seagate Services Group and support its mission to help business customers protect and manage valuable company information. Financial terms were not disclosed.

According to Gartner analysts Debra Logan and John Bace in the report, "The Emerging E-Discovery Market," published on July 18, 2007, "Changes to the Federal Rules of Civil Procedure, along with the ever-increasing reliance on electronic documentation in business, will have wide-ranging effects on the IT profession and IT vendors in 2007 and 2008. IT will be called on to account for elements of their infrastructure and the location of live and backup data as never before."

"Today's announcement represents another strategic step for the Seagate Services Group and further reinforces our commitment to providing customers with innovative technology-based services and solutions that advance their businesses," said Mark Grace, senior vice president and general manager, Seagate Services Group. "The addition of MetaLINCS's solutions will provide our customers with the tools to respond to litigation and compliance requests and help to reduce enterprise E-Discovery costs."

Seagate Technology Inc.