StorageTek Shines Spotlight On Digital Hollywood Spring 2005 Tom Inglefield to Highlight Best Practices for Managing, Storing and Protecting Media Assets WHO: Tom Inglefield, Media and Entertainment Solutions, StorageTek WHAT: StorageTek(R) (Storage Technology Corporation, NYSE: STK), the leading provider of enterprise lifecycle management, today announced that Tom Inglefield will present at the forthcoming Digital Hollywood Spring Conference 2005 (March 30-April 1, 2005) on the topic of Video and Audio Management on the Net: Encoding, Compression, Video Storage, Security & Media Asset Management. During this 75 minute session, Inglefield will join leading companies in the fields of video and audio content management to discuss ways to transform content into a deliverable, retrievable and ultimately monetized product for efficient broadcasting. Since 1990, the Digital Hollywood Conferences have been among the leading trade conferences in its field with over 15,000 top executives in the film, television, music, home video, cable, telecommunications and computer industries attending the event each year. For more information about the Digital Hollywood Spring Conference 2005, visit http://www.digitalhollywood.com/LASpring05Agenda.html WHERE: Digital Hollywood Spring Conference 2005, Loews Santa Monica Beach Hotel, 1700 Ocean Ave., Santa Monica, California WHEN: 9:30 a.m. PT, Friday, April 1, 2005 CONTACT: To attend this session, call 310-458-6700, or visit http://www.digitalhollywood.com/nysecuregister.html for an online registration form. About StorageTek StorageTek is a $2 billion global company that enables businesses, through its information lifecycle management strategy, to align the cost of storage with the value of information. The company's innovative storage solutions manage the complexity and growth of information, lower costs, improve efficiency and protect investments. For more information, see http://www.storagetek.com/, or call 1.800.877.9220 or 303.673.5151. TRADEMARKS: StorageTek and the StorageTek logo are registered trademarks of Storage Technology Corporation. Other names mentioned may be trademarks of Storage Technology Corporation or other vendors/manufacturers. Forward Looking Statements This press release contains certain statements, projections and forecasts regarding StorageTek's future business plans, financial results, products and performance that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by the use of words such as "may," "will," "should," "expects," "plans," "anticipates," and "believes." There are a number of risks and uncertainties that could cause the company's actual results to differ materially. Some of these risks and uncertainties include, but are not limited to, StorageTek's ability to develop, manufacture and market new products and services successfully; the effect of product mix and distribution channel mix on our gross margins; our ability to execute our Information Lifecycle Management(TM) strategy; competitive pricing pressures; rapid technological changes in the markets in which we compete; our ability to attract and retain highly skilled employees; changes in our management; our ability to protect and develop intellectual property rights; our reliance on certain sole source suppliers; our ability to obtain quality parts and components in a timely manner; general economic conditions in the United States and globally; and other risks described in StorageTek's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K that are filed with the Securities and Exchange Commission and which are available on the SEC's website. PRNewswire -- March 29 DATASOURCE: StorageTek CONTACT: Joe Fuentes, Manager, Global Public Relations, +1-303-661-2523, , or Bob Wientzen, Senior Public Relations Manager, +1-303-661-4993, , both of StorageTek Web site: http://www.digitalhollywood.com/nysecuregister.html Web site: http://www.digitalhollywood.com/LASpring05Agenda.html Web site: http://www.storagetek.com/

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