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Hitachi America, Ltd.

Hitachi

01/17/2001


Hitachi Names Amada VP, GM Hitachi America R&D Division; Takeda Named President, CVC Unit Of Hitachi America


Jan 17, 2001 08:18 AM

BRISBANE, Calif., January 17, 2001 – Hitachi, Ltd., (NYSE: HIT) today announced that it has appointed Eiichi Amada vice president and general manager of the Research and Development Division of Hitachi America, Ltd. He succeeds Dr. Kenji Takeda, who has been named president of the Corporate Venture Capital unit of Hitachi America, Ltd. The appointments are effective January 21.

Mr. Amada, 49, most recently was senior manager of the Hitachi, Ltd., Corporate Strategic Planning Office. He has been engaged in research and development activity associated with Information and Telecommunication system field since he joined Hitachi, Ltd.’s Central Research Laboratory in 1976. He was promoted to senior researcher, Central Research Laboratory in 1988 and to department manager, Central Research Laboratory in 1995. He was transferred to Business Development Division in 1999 and became senior manager, Corporate Strategic Planning Office in 2000.

Mr. Amada is a graduate of Tokyo University with Bachelor’s and Master’s degrees in electrical engineering.

Dr.Takeda, 53, has served as head of the Hitachi America,, Ltd. R&D Division since June 1998and has had responsibility of the North America operations of the Corporate Venture Capital unit since July, 2000. He joined Hitachi America in June 1998 from Hitachi, Ltd., where he served as department manager of the Business Development Office of Hitachi, Ltd. since August of 1995. From 1993 to 1995, he was department manager of the Technology Management Center of the Information System Business Group of Hitachi, Ltd.. From 1989 to 1993, Dr. Takeda was department Manager of the Computer Packaging Technology Center of the Production Engineering Research Laboratory. He joined Hitachi in 1971 as a researcher in the Production Engineering Research Laboratory.

Dr. Takeda has a Doctorate and a Master's in Engineering from the University of Tokyo and a Master of Science degree from the Massachusetts Institute of Technology.

Hitachi America, Ltd. markets and manufactures a broad range of electronics, computer systems and products, consumer electronics and semiconductors, and provides industrial equipment and services throughout North America. For more information on Hitachi America, visit http://www.hitachi.us/.

The Hitachi America, Ltd. R&D Division is comprised of eight laboratories, including the Automotive Products Research Laboratory, Farmington Hills, Mich.; the Digital Media Systems Laboratory, Princeton, N.J.; the Information Technology Laboratory, Santa Clara, Calif.; the Systems LSI Research Laboratory, San Jose, Calif.; the Network Systems Research Group, Santa Clara, Calif.; the SAN Technology Lab, Santa Clara, Calif.; the Service Systems Research Group, Santa Clara, Calif.; and the Design Center in San Diego, Calif.

Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 1999 (ended March 31, 2000) consolidated sales of 8,001 billion yen ($75.5 billion*). The company manufactures and markets a wide range of products, including computers, semiconductors, consumer products and power and industrial equipment. For more information on Hitachi, Ltd., please visit Hitachi’s Web site at http://global.hitachi.com.

* At an exchange rate of 106 yen to the dollar.

For Media/Investor Inquiries, please contact:


Gerard F. Corbett
Hitachi America, Ltd.
Vice President
Corp. Communications Group
Tel:(650) 244-7900
Fax: (650) 244-7920
gerard.corbett@hal.hitachi.com

Terry Kubo
Hitachi America, Ltd.,
Corp. Communications Group
Tel: (650) 244-7902
tatsuya.kubo@hal.hitachi.com

For all other inquiries please call:
1-800-HITACHI

If you have any questions specifically about Investor Relations in the United States, please contact our Investor Relations Department at investor.info@hal.hitachi.com