News Releases

8/29/2007

WIRED NEXTFEST ’07 SEMINAR SPONSORED BY HITACHI TO EXPLORE THE FUTURE OF FINANCE FOR CFOs

-- “NextFinance – Meeting the Future,” to Feature Noted Futurist Dr. James Canton and PricewaterhouseCoopers Mike Willis Addressing Trends and Tools for Financial Execs --

LOS ANGELES, Calif., August 29, 2007 – “NextFinance – Meeting the Future,” a complimentary seminar on the future of finance geared to financial executives, will be presented at WIRED Magazine’s NextFest ‘07 on Friday, September 14th from 11:00am to 1:00pm. The seminar will be held at LA Convention Center South Hall Room 306A.

“NextFinance” will feature Dr. James Canton, renowned global futurist, author, and visionary business advisor and Mike Willis, founding chairman of XBRL International and partner at PricewaterhouseCoopers. The seminar will conclude with an interactive discussion between the speakers and the audience moderated by Fred Vogelstein, Contributing Editor, Wired magazine.

People may sign up for the seminar by visiting www.hitachi.us/nextfinance; tickets for the event (along with complimentary tickets to the NextFest ’07 exhibition floor) are free of charge. The first 40 people to reserve tickets will receive a free copy of Dr. Canton’s book, “Extreme Future.”

The seminar is sponsored by the Hitachi America XBRL Business Unit.

About Dr. James Canton PH.D

Dr. James Canton is a renowned global futurist, social scientist, author, and sought-after business advisor. As Chairman and CEO of the Institute for Global Futures, an internationally-recognized San Francisco-based think tank he founded in 1990, he advises leading Global Fortune 1000 corporations and governments. He is known for his accurate forecasts about trends in economics, energy, innovation, consumers, security, financial services and health care. His client list reads like a Who’s Who in global business including such firms as Philips, IBM, Alcatel, SAP, ATT, and Citibank. For more information about the Institute for Global Futures and Dr. Canton, visit www.futureguru.com.

About Mike Willis

Mike Willis has more than 26 years of accounting and auditing experience and is a partner with PricewaterhouseCoopers. He served as the Founding Chairman of XBRL International (http://www.xbrl.org), which is currently composed of more than 500 leading software, accounting and finance companies from 27 countries around the world. Willis has served in a number of roles within the XBRL community and currently serves on the International Steering Committee. He has been interviewed for or published articles in a range of business periodicals on the topic of a more efficient business reporting supply chain including the Harvard Business Review, Financial Times, Business Week, Wall Street & Technology, CFO Magazine, and CIO Magazine.

About Wired Magazine’s NextFest

Held September 13-16, 2007 at the Los Angeles Convention Center, WIRED NextFest is a four-day festival of innovative products and technologies that are transforming our world. Presented by Hitachi, WIRED NextFest features more than 160 interactive exhibits from leading scientists and researchers around the world. Experience the future of communication, design, entertainment, exploration, health, play, robots, transportation, security, and green living.

About Hitachi

Hitachi America, Ltd. XBRL Business Unit delivers superior Extensible Business Reporting Language (XBRL) solutions that improve corporate governance, restore shareholder confidence and enable market agility by delivering correct actionable data in real time. Hitachi is a pioneer in the development of XBRL products and services for the financial and business communities at large. In addition to developing its own offerings, Hitachi partners with other firms – including systems integrators, auditing firms, and service providers – to create innovative XBRL solutions. For more information, please visit www.hitachixbrl.com or contact Hitachi at (408) 970-1024, info@hitachixbrl.com.

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

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 384,000 employees worldwide. Fiscal 2006 (ended March 31, 2007) consolidated revenues totaled 10,247 billion yen ($86.8 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 website at http://www.hitachi.com.