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Hitachi America, Ltd.

Hitachi

04/03/2001


Yoshinobu Migita Named President Of Hitachi Computer Products (America), Ltd.


Apr 3, 2001 09:10 AM

BRISBANE, Calif., April 2, 2001 – Hitachi America, Ltd., a subsidiary of Hitachi, Ltd. (NYSE: HIT), today announced the appointment of Yoshinobu Migita as president of its Hitachi Computer Products (America), Ltd. subsidiary based in Norman, Oklahoma. The appointment is effective April 1, 2001.

Mr. Migita, who is currently executive vice president and general manager of the Oklahoma facility, succeeds Mr.Toshiakira Ikeda, who will devote full time to his position as president and CEO of HDSS Holdings Corporation, a position to which he was appointed in October, 2000. HDSS Holdings Corporation is Hitachi’s software, services and solutions businesses in North America.

Mr. Migita graduated from Kumamoto University and joined Hitachi, Ltd. as a mechanical engineer in 1966, and was primarily involved in the Design Department, Production Engineering & Manufacturing department of Hitachi, Ltd. STR (Data Storage & Retrieval Systems Division). Prior to being named executive vice president & general manager of Hitachi Computer Products (America), Oklahoma Division in April, 1997, he was general manager of the Production Engineering & Manufacturing Division in STR since 1995.

Mr. Ikeda joined Hitachi in 1968 and was primarily involved in the company's software operations in engineering, marketing and planning management roles. Prior to being named president of Hitachi Computer Products (America) in April 1999, he was general manager of the Planning Department of the Hitachi Information Systems Division since 1995. Before that, he was general manager of the Information Systems Division, Product Marketing Division since 1988. He holds both bachelor’s and master’s degrees in instrumentation from Kobe University.

Hitachi Computer Products (America), Inc., a subsidiaryy of Hitachi America, Ltd., is a supplier of systems and solutions, including disk arrays through a manufacturing facility in Norman, Oklahoma, Enterprise Application Security Integration based in Boston, Mass. and networking products such as gigabit routers in Santa Clara, Calif. For more information on Hitachi Computer Products (America), Inc., please visit www.hitachisoftware.com.

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 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