1 EXHIBIT 99.4 ASSIGNMENT For value received, StorMedia Incorporated hereby assigns, transfers and conveys to StorMedia Foreign Sales Corporation all of its rights, duties and obligations arising under the Plan and Agreement dated December 31, 1997....

   1
                                                                    EXHIBIT 99.4


                                   ASSIGNMENT


        For value received, StorMedia Incorporated hereby assigns, transfers and
conveys to StorMedia Foreign Sales Corporation all of its rights, duties and
obligations arising under the Plan and Agreement dated December 31, 1997.

Dated          December 31, 1997
                                                  StorMedia Incorporated
                                                  By:  /s/ XXXXXXX X. XXXXX
                                                       -----------------------
                                                  Its: President
                                                       -----------------------
We CONSENT AND APPROVE of the foregoing:
Akashic International, Inc.

/s/ XXXXX XXXXXX
------------------------
By: Xxxxx Xxxxxx
Title: Director


Akashic Memories Corporation

/s/ XXXXXX X. XXXXXXX
------------------------
By: Xxxxxx X. Xxxxxxx
Title:

StorMedia Acquisition Corporation


/s/ XXXXXXX X. XXXXX
------------------------
By: Xxxxxxx X. Xxxxx
Title: