SAN JOSE, Calif., March 13 /PRNewswire/ -- JTS Corporation (AMEX:JTS),
announced the completion of the sale of the company's Atari Division
assets to HIACXI Corporation, a wholly-owned subsidiary of Hasbro
Interactive, Inc.  (AMEX:HAS) for $5 million in cash.
"The proceeds from the sale of these non-core assets will be utilized
to support our working capital requirements as we increase our
production," said Joseph Prezioso, Executive Vice President, Finance
and Administration, and Chief Financial Officer of JTS Corporation.
The Atari Assets were acquired by the company in July 1996 when the
company merged with Atari Corporation and consisted primarily of Atari
home computer games and the intellectual property rights and
agreements associated with such games.
JTS Corporation is a leader in information storage products.  The
company designs and manufactures hard disk drives for personal
computers, and markets them to leading systems manufacturers and
selected resellers.  JTS is committed to providing world class hard
drives at value prices to support personal computing.  The president
and chief executive officer of JTS, Tom Mitchell, was formerly the
President and Chief Operating Officer of Conner Peripherals and
Co-founder, President and Chief Operating Officer of Seagate
Technology.
For further information, contact JTS Corporation at
166 Baypointe Parkway,
San Jose, California, 95134.
Phone:  408-468-1800
Fax: 408-468-1619.
Website:  www.jtscorp.com
SOURCE  JTS Corporation
    -0-  03/13/98
/CONTACT:/  Joseph A. Prezioso, Executive Vice President, Finance and
Administration, and Chief Financial Officer, 408-468-1723, or Thelma
Gradin, Investor Relations Representative, 408-468-1621, both of JTS
Corporation
/Web site:  http://www.jtscorp.com/
From: Rodney Rudd (rodney18@yahoo.com)
... To keep your milk sweet, leave it in the cow.
--- JetMail 0.99beta22
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