Summary The merits of our culture of excellence are evident in the solutions to disk drive performance challenges we have developed in our Disk Drive Components Division and in the patient monitoring breakthrough represented by our InSpectra™ StO₂ Tissue Oxygenation Monitor. In the disk drive industry, the TSA platform we developed to address challenges presented by smaller disk drive form factors has been adopted industry-wide. Our TSA+ platform, currently in development, will help meet the challenges presented by further disk drive and suspension assembly miniaturization and help our customers further improve disk drive performance. In medical care, our InSpectra™ StO₂ Tissue Oxygenation Monitor overcomes deficiencies of current methods of measuring tissue oxygenation and fills a critical and widely recognized information gap in the monitoring of trauma and emergency medicine patients.

Consistently delivering problem-solving innovations such as these requires a unique mix of economic understanding, scientific and engineering expertise, marketing insight, operational excellence and management discipline that is not easily replicated. At Hutchinson Technology, our culture of excellence is the foundation of our competitive advantage.