STEC Santech Holdings Limited

SimpleTech Schedules Earnings Announcement and Conference Call to Discuss Results for Third Quarter 2003 SANTA ANA, Calif., Oct. 31 /PRNewswire-FirstCall/ -- SimpleTech, Inc. today scheduled its earnings release and an open conference call and webcast to discuss results for the third quarter ended September 30, 2003. A news release discussing the company's performance during the quarter will be issued just after the market close on Wednesday, November 5, 2003. The conference call will take place that same day at 1:30 p.m., Pacific/4:30 p.m., Eastern. Who: Manouch Moshayedi, CEO Dan Moses, CFO Mitch Gellman, Director of Investor Relations Date: Wednesday, November 5, 2003 Time: 1:30 p.m., Pacific/4:30 p.m., Eastern Call-in Numbers: 800.781.3662 United States and Canada 706.643.7710 International Replay Information: A digital recording of the call will be available for 48 hours beginning approximately two hours after the completion of the conference. Replay call-in numbers: 800.642.1687 United States and Canada 706.645.9291 International Access Code: 3563089 Webcast: This call is being webcast by CCBN and can be accessed at http://www.simpletech.com/, then click on "Investor Relations." Contact: Mitch Gellman, Director of Investor Relations 949.260.8328 direct 949.981.6983 cell About SimpleTech, Inc. (NASDAQ:STEC) SimpleTech, Inc., designs, manufactures and markets custom and open-standard memory solutions based on Flash and DRAM memory technologies. Headquartered in Santa Ana, California, the company offers a comprehensive line of over 2,500 products and specializes in developing high-density, memory modules, memory cards and storage drives. For information about SimpleTech, Inc., and to subscribe to the company's "Email Alert" service, please visit our web site at http://www.simpletech.com/, click Investors and then Email Alert. "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding SimpleTech's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. Actual results may differ materially from those predicted. Important factors which could cause actual results to differ materially from those expressed or implied in the forward-looking statements are detailed under "Risk Factors" in filings with the Securities and Exchange Commission (the "SEC") made from time to time by SimpleTech, including its Registration Statement on Form S-1 filed with the SEC on October 1, 2003, its annual reports on Form 10-K, its quarterly reports on Form 10-Q, and its current report on Form 8-K. SimpleTech undertakes no obligation to release publicly any revisions to any forward-looking statements to reflect events or circumstances occurring after the date hereof or to reflect the occurrence of unanticipated events. DATASOURCE: SimpleTech, Inc. CONTACT: Mitch Gellman, Director of Investor Relations of SimpleTech, Inc., +1-949-260-8328, or cell, +1-949-981-6983, Web site: http://www.simpletech.com/

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