News Releases

2/22/2000

Hitachi America Announces New Semiconductor Equipment Center in Texas

Feb 22, 2000 16:22 PM

CARROLLTON, Texas, February 22, 2000 -- Hitachi America, Ltd., a subsidiary of Hitachi, Ltd. (NYSE: HIT) today held groundbreaking ceremonies here for a new 71,688 square-foot semiconductor equipment center in Irving, Texas. The two-story building, located on four acres inside the Dallas/Ft. Worth airport foreign trade zone, will house the Semiconductor Equipment Group's Sales, Service, Parts Warehouse, Customer Technical Training Center, and support staffs. The building also will include a state-of-the-art clean room and 200mm/300mm tool demo lab for U.S.-based customers.

In making the announcement, Tomoharu Shimayama, president and CEO of Hitachi America, Ltd. said, "This modern, state-of-the-art semiconductor equipment facility will enable us to more effectively address the needs of our customers in North America. We plan to consolidate all of our sales, training and customer support and warehouse operations into our new location later this year. This will enable us to have a top notch demonstration facility in the U. S. for our advanced etch, PFC abatement, Ion Beam products and Implant systems."

Hitachi America, Ltd. Semiconductor Equipment Group plans to increase its employee base by 30% by adding technicians, engineers and other staff to support the new facility. The unit currently employs 45 people.

Commenting on the new facility, Hisashi Ono, vice president and general manager of the Hitachi America, Ltd. Power and Industrial Division, said, "These skilled people, combined with our new clean room and 200mm/300 mm demo facility capabilities, will complement the cross-functional team of professionals we already have assembled in Japan and in other keys regions to serve the worldwide semiconductor industry. Our R&D and technology resources that are focused on the semiconductor process markets are some of the best in the world.”

For more information on Hitachi semiconductor manufacturing equipment, service support, spare parts for etchers and gas abatement systems please visit http://www.hitachi.us/semiequipment.

The Power and Industrial Division of Hitachi America, Ltd. supplies an extensive range of products, equipment and services for use in both the power generation market including hydroelectric, thermal and nuclear power as well as steel plants, mass transit systems, chemical plants and other manufacturing facilities for the industrial market. The Semiconductor Equipment Group sells semiconductor manufacturing equipment and maintains a large field service organization that houses a multi-million dollar spare-parts inventory and a training facility for its clients.

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., headquartered in Tokyo, Japan, is one of the world's leading global electronics companies, with fiscal 1998 (ended March 31, 1999) consolidated sales of 7,977 billion yen ($65.9 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://www.hitachi.co.jp.

*At an exchange rate of 121 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

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