FOR IMMEDIATE RELEASE READ-RITE PROMOTES AL CLIMENT TO VICE PRESIDENT AND GENERAL MANAGER OF THE MAXTOR BUSINESS UNIT MILPITAS, CA -- November 24, 1998 -- Read-Rite Corporation (NASDAQ: RDRT) has promoted Al Climent age 36, to vice president and general manager of its Maxtor business unit, according to Jim Murphy, senior vice president, customer business units. Climent joined Read-Rite in September 1992 as a strategic account manager and was promoted to general manager of the Micropolis business unit in November 1996. In 1997, he became general manager of the Maxtor business unit, "and was instrumental in establishing a very successful business partnership" with the hard disk drive maker, Murphy explained. Prior to joining Read-Rite, Al spent several years at Amdahl Corporation in a variety of management positions including engineering, manufacturing operations and marketing product planning. He holds a BS degree in Industrial Engineering from Cal Poly-San Luis Obispo, as well as an MBA from St. Mary's College in Moraga. 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.