Storagetek board of directors elects two new members

Two Women Offer Storage Solutions Provider a Wealth of Experience in Business, Finance and Technology

LOUISVILLE, Colo., Nov. 24, 2003 - StorageTek® (Storage Technology Corporation, NYSE:STK), the storage services and solutions expert, today announced that Judy C. Odom and Mercedes Johnson have been elected to the StorageTek board of directors.

Judy Odom's professional experience includes nearly 20 years at Software Spectrum Inc., a global provider of personal computer business software to large organisations. During her tenure at Software Spectrum, Judy Odom served as chairman and CEO. Before her term as CEO, she served as vice president and treasurer at Software Spectrum. Prior to co-founding Software Spectrum, Judy Odom was a partner with Grant Thornton. She joins the StorageTek board immediately.

Judy Odom currently sits on the board of directors for Leggett & Platt Inc. and Harte-Hanks Inc. She hails from Dallas and has a bachelor's degree in accounting from Texas Tech University.

Mercedes Johnson is senior vice president and CFO of Lam Research Corp., a company that designs, manufactures, markets and services semiconductor-processing equipment. Prior to joining Lam, Mercedes Johnson spent 10 years at Applied Materials where she was vice president and worldwide operations controller. Mercedes Johnson has also held senior finance positions with NCR and Hewlett-Packard. She will join the StorageTek board in January.

Mercedes Johnson resides in Fremont, Calif., and holds a master's degree in accounting from the University of Buenos Aires.

"We are delighted that Judy and Mercedes are joining the StorageTek board of directors," said Patrick J. Martin, StorageTek chairman, president and CEO. "A diverse board will bring valuable perspectives to our discussions. These new members offer us tremendous experience in finance and a keen sense for business that should prove a real asset to the future success of this company."

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