FOR IMMEDIATE RELEASE READ-RITE AND GUZIK TECHNICAL ENTERPRISES ANNOUNCE DYNAMIC TEST EQUIPMENT AGREEMENT MILPITAS, CA -- December 10, 1998 -- Read-Rite Corporation (Nasdaq: RDRT) today announced an agreement with Guzik Technical Enterprises to set up joint technology teams to support the development of future test development requirements of the company. "As the head industry moves rapidly to higher areal densities, test processes and equipment are becoming more critical for our continued success," said Cyril J. Yansouni, chairman and chief executive officer. "We are pleased to be working with Guzik as we continue to push areal density beyond our record-setting 13.5 gigabits per square inch," he added. "This agreement gives us additional visibility and recognition by providing a close association with a company making significant advances in the magnetic recording industry" said Nahum Guzik, President of Guzik Technical Enterprises. Read-Rite Corporation is one of the world's leading independent manufacturers of MR recording heads, head gimbal assemblies (HGAs) and head stack assemblies (HSAs) for disk drives and magnetoresistive heads for tape drives. The company is headquartered in Milpitas, California and has operations in Japan, Thailand, the Philippines and Singapore. The company's home page can be found at www.readrite.com. # # # Last Updated: December 2012 ©2012 Read-Rite Corporation. All rights reserved.