STEC Stec, Inc. (MM)

SimpleTech Announces Industry's Highest Capacity External Hard Drive; 400GB SimpleDrive High-Speed USB 2.0/FireWire Combo Hard Drive With StorageSync(TM) Automatic Backup Software New Hard Drive to be Showcased at CeBIT 2004 in Hannover, Germany SANTA ANA, Calif., March 15 /PRNewswire-FirstCall/ -- SimpleTech, Inc. , a designer, manufacturer and marketer of custom and open-standard memory solutions based on Flash memory and DRAM technologies, today announced the industry's highest capacity external hard drive -- a 400GB SimpleDrive Deluxe with a USB 2.0 & FireWire combination. The company also extended its SimpleDrive Deluxe product line with the addition of 120, 160, and 250GB capacities. SimpleTech is exhibiting at CeBIT (Hall 20/Stand E18),in Hannover, Germany, March 18-24, 2004. SimpleDrive External Hard Drives are a cost-effective way to add storage to any Mac or PC desktop or notebook computer quickly and easily, and they are also ideal for backing up data. SimpleDrive External HardDrives are also available with USB 2.0-only. 400GB SimpleDrive External Hard Drives provide enough capacity to store a combination of 6,500 hours of high quality digital music, 7,200 digital photos, 16 hours of digital video, 72 digital games and 120 software programs. "The storage demands of data-rich applications, such as digital photography, digital music, multimedia files, software applications, games and operating systems, are met by the SimpleDrive product offerings," said Ken Roberts, director of product marketing at SimpleTech. "Additionally, external storage should be part of any good backup strategy plan, in the office, on the road or at home." For added data safety and security, SimpleTech's StorageSync(TM) automatic backup software for Windows is included free with the SimpleDrive. The software is easy to use and is completely automatic, enabling fast and easy backup, restoration and synchronization for an entire PC or selected files and folders. SimpleDrive External Hard Drivesoffer lightning-fast storage with transfer speeds up to 480 Mb/sec. and operates at 7200 RPM for fast throughput. The SimpleDrives are also backward compatible with USB 1.1 and compatible with Window's(R) and Macintosh(R) operating systems. They offer convenient plug-and-play installation and are mass storage compliant and hot-swappable. SimpleDrive External Hard Drives include a security lock slot to prevent unauthorized removal of the SimpleDrive, providing the reliability and security that users demand. A security cable can be used to attach the drive to a secure and immovable object, such as a wall or desk. With a newly designed fan-free sleek aluminum case, the drives dissipate heat, providing ultra-quiet and cool operation. The SimpleDrive measures 5.51" (H) x 8.86" (L) X 1.35" (D). Manufacturers suggested retail price for the 400GB SimpleDrive High-Speed USB 2.0 & FireWire Combo External Hard Drive is $499.99, and $469.99 for the 400GB capacity with USB 2.0-only. General availability of the new 400GB SimpleDrive External Hard Drive is expected in April. SimpleTech External Hard Drives are available at BJ's Wholesales, Sam's Club, Amazon.com, Buy.com, CDW, J&R Music World, Ingram Micro,Micro Center, Insight, NewEgg, PC Connection, PC Mall, Zones, and SimpleTech's online retail store. The 400GB SimpleDrive External Hard Drives come with a three-year warranty backed by SimpleTech's reputation for quality and support. About SimpleTech SimpleTech, Inc. designs, manufactures and markets custom and open-standard memory solutions based on Flash and dynamic random access memory, or DRAM, technologies. With headquarters in Santa Ana, California, the company offers a comprehensive line of more than 2,500 products and specializes indeveloping high-density memory modules, memory cards and storage drives. For more information, visit the company's Web site at http://www.simpletech.com/. SAFE HARBOR This release may contain forward-looking statements that involve risks and uncertainties, including, but not limited to statements concerning the performance of SimpleTech's SimpleDrive External Hard Drives. Actual results may differ materially from the results predicted. Important factors which could cause actual results to differmaterially from those expressed or implied in the forward-looking statements are detailed under "Risk Factors" in filings with the Securities and Exchange Commission made from time to time by SimpleTech, including its annual report on Form 10-K, its quarterly reports on Form 10-Q, and its current reports on Form 8-K. Other factors that could cause our actual results to differ materially from those expressed or implied in the forward-looking statements include the following risks: SimpleTech's SimpleDrive External Hard Drives may not perform in the manner anticipated and customer demand for such products may not grow as projected. Also due to unforeseen market conditions the price and availability dates might be adversely affected. 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. Note to Editors: Product photography is available. Please visit http://www.simpletech.com/marketing/. In the "Search by" box on the left, type "R1050," or, if you prefer, send your request for images to . For CeBit attendees, an online press kit is available at http://www.simpletech.com/cebitpress. DATASOURCE: SimpleTech, Inc. CONTACT: media, Elaine Marshall, Director of Public Relations, +1-949-260-8219, , or Jose Zavala, PR Representative, +1-949-260-8290, , or investors, Mitch Gellman, Director of Investor Relations, +1-949-260-8328, , all of SimpleTech, Inc. Web site: http://www.simpletech.com/marketing Web site: http://www.simpletech.com/cebitpress Web site: http://www.simpletech.com/

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