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Hitachi America, Ltd.

Hitachi

02/28/2002


Shigeharu Mano Named President of Hitachi America


Feb 28, 2002 11:22 AM

BRISBANE, Calif., February 28, 2002 - Hitachi, Ltd., (NYSE: HIT) today announced that it has appointed Shigeharu Mano as president and CEO of its wholly owned subsidiary, Hitachi America, Ltd. Mr. Mano, who most recently served as executive vice president and general manager of the Hitachi America, Ltd., Power and Industrial Division (PID) succeeds Yoshihiro Koshimizu, who will become executive assistant to Masaharu Sumikawa, president & chief executive officer, Power & Industrial Systems, Hitachi, Ltd. Mr. Mano will be succeeded by Masahide Tanigaki, who will become vice president and general manager of PID. The appointments are effective April 1, 2002

Mr. Mano has served as executive vice president and GM of PID since November 21, 2001. He joined the International Business Division of Hitachi, Ltd. in 1971 and has spent 30 years in industrial sales management positions in Japan, the Middle East and North America. He most recently was general manager of the Industrial Plant Division since 1997. Before that he was general manager of the Industrial Plant Department of the Overseas Industrial Sales Division from 1992 to 1997. He also spent time with Hitachi America in San Francisco and Houston from 1975 to 1978. He is a chemistry graduate of Tokyo University.

Mr. Koshimizu served as president and CEO of Hitachi America since November, 2000. He joined Hitachi in 1968 and spent much of his career in computer export management positions. Before joining Hitachi Data Systems in 1997, he was general manager of the Information Systems International Operations Division. He earlier served at Hitachi Data Systems from 1989, when the unit was acquired from National Semiconductor, until 1992. Prior to that he served in the Computer Export Division of Hitachi America, Ltd. from 1984 to 1988. He is an economics graduate of Yokohama National University, Kanagawa Prefecture.

Mr. Tanigaki, most recently served as department manager, Nuclear, Thermal Power Gas Turbine Dept. No.2, International Operations Division, Hitachi, Ltd. since 1997. Before that, he was general manager of the Near & Middle East Office from August 1990 to August 1993 and manager of the Thermal Power Dept. from 1988 to 1990. Mr. Tanigaki also served as manager of the Hitachi Venezuela Office from 1982 to 1983. He joined Hitachi in 1975. He is a graduate of Keio University

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/.

Hitachi, Ltd., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 2000 (ended March 31, 2001) consolidated sales of 8,417 billion yen ($67.9 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 124 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

Matt Takahashi
Hitachi America, Ltd.
Corp. Communications Group
Tel: (650) 244-7902
masahiro.takahashi@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