SCOTTS VALLEY, Calif. – May 24, 2010 – Seagate (NASDAQ:STX) today announced channel and OEM shipments of the Momentus ® XT drive, the world’s fastest 2.5-inch laptop PC hard drive, combining SSD-like performance with the massive capacity and much lower cost of HDDs. The Momentus XT drive also features Adaptive Memory™ – a groundbreaking new technology from Seagate that learns and optimizes the drive’s performance to each user by moving frequently used information into the flash memory for faster access. The Momentus XT solid state hybrid drive boots up to 100 percent faster than traditional 5400RPM drives, the mainstream spin speed for laptop PCs, and sets new benchmarks for real-world system performance for laptops and gaming systems.

Today’s high-performance SSDs for mobile computing cost as much as 10 times more than hard disk drives of the same capacity, with the price of a 250GB SSD outstripping even the cost of many laptop PCs. As a result, most consumers and system builders are unwilling or unable to pay the high price for the greater speed and quiet operations of SSDs. Additionally, SSDs offer fewer capacity options than hard disk drives.