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Hitachi America, Ltd.

Hitachi

07/02/2002


Fujisawa Named President of Hitachi Automotive Products (USA), Inc.


Jul 2, 2002 09:18 AM

BRISBANE, Calif., July 2, 2002 - Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., (NYSE: HIT), today announced that Masaaki Fujisawa has been named president and CEO of Hitachi Automotive Products (USA), Inc. Mr. Fujisawa succeeds Taiji Hasegawa, who has returned to the Hitachi, Ltd. Automotive Products Group in Japan as general manager, Sawa Works the Automotive Products Group production facility in Hitachinaka City, Japan. The appointments were effective on June 27.

Mr. Fujisawa most recently served as executive vice president and general manager of Hitachi Automotive since August 2001. From October 2000 he served as general manager, Engineering Solutions Center, Sales Division of the Automotive Products Group of Hitachi, Ltd. Before that he served as department manager, Engine Control System Design Dept. of the Automotive Products Group. He joined Hitachi in April 1978 and was assigned to the Automotive Group's Sawa Works facility. He has a Masters degree in Information Engineering from Tohoku University.

Mr. Hasegawa has been president of Hitachi Automotive Products since 1998. He has 33 years service with Hitachi, Ltd. and previously served as deputy general manager for Research and Development in the Automotive Products Division. During his time with Hitachi he served in various managerial capacities supporting R&D activities. He has supported activities in the United States for many years from his previous positions in Japan. Mr. Hasegawa is a graduate of Hiroshima University.

Hitachi Automotive Products (USA), Inc. manufactures, remanufactures and markets a broad range of electrical and electronic automotive products for all major automotive original equipment manufacturers worldwide. The company was established in Harrodsburg, Kentucky, in 1985. Today, approximately 1,100 employees support operations in Kentucky, Los Angeles, and Detroit.

Hitachi America, Ltd., a subsidiary of Hitachi, 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, visit http://www.hitachi.us/.

Hitachi, Ltd. (NYSE: HIT), headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 320,000 employees worldwide. Fiscal 2001 (ended March 31, 2002) consolidated sales totaled 7,994 billion yen ($60.1 billion). The company offers a wide range of systems, products and services in market sectors, including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's Web site at http://global.hitachi.com.

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.
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