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News Releases

1/07/2002

Hitachi Announces Full-featured Ultra-Portable Projector with XGA resolution and High Contrast Ratio

Jan 7, 2002 16:53 PM

-- Hitachi's New CP-X380W Provides Cost-Effective Presentation Solution for Office or Educational Use --

Brisbane, Calif., http://www.hitachi.us/, January 7, 2002 - Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., Tokyo, Japan (NYSE: HIT), today announced the latest addition to its comprehensive line of multimedia projectors, the CP-X380W. At seven pounds, this ultra-portable LCD projector is light enough for portable use, yet includes the features and specifications demanded for installation or conference room projectors. Hitachi's CP-X380W features a brightness of 2000 lumens, native XGA resolution and an impressive 400:1 contrast ratio, providing vivid images for presentations with impact. Additional features of the CP-X380W include component input, HDTV-compatibility, and a Whisper Mode for quieter operation, making the projector well suited for business and high-level education users, as well as those desiring a high-resolution, affordable XGA solution.

"The projector market continues to shift, as users demand higher resolution at lower price points," said Pete Denes, director of sales for Hitachi America, Ltd., Computer Division, Multimedia Presentation Products. "Hitachi developed the CP-S380W to meet the needs of this evolving market - by providing a high quality, high-resolution projector, as a price point that is accessible to a wide audience."

The CP-X380W features a wide breadth of connectivity options, including component, composite and S-video inputs, as well as two RGB inputs. The addition of component input adds versatility and further expands the user's video presentation options. The projector's video capabilities are taken one step further with HDTV-compatibility.

Hitachi's CP-X380W features a Whisper Mode, allowing users to reduce the already quiet operation of the projector, with a minimal reduction in brightness. The CP-X380W operates at 34 decibels in Whisper Mode, reduced from 40 decibels in standard mode, and projects a brightness of 1,600 lumens, reduced from 2000 lumens in standard mode.

Competitively priced at $7,995, the CP-X380W will be available in January 2002 through Hitachi's network of nationwide resellers. For more information, or to locate a dealer near you, please visit http://www.hitachi.us/mmpp, or call 1-800-225-1741.

About Hitachi

Hitachi America, Ltd., Computer Division, supplies high-performance computer storage products and multimedia products to OEMs, value-added resellers, system integrators and distributors. The division's products include high-capacity hard disk drives and DVD-ROM and -RAM drives, digital multimedia recorders, LCD projectors, CRT monitors, color laser beam printers and flat panel and plasma displays. 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 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://hitachi.com.

*At an exchange rate of 124 yen to the dollar.

Key Features and Specifications

• XGA Resolution (1,024 x 768 color pixels)

• HDTV-ready

• Versatile connectivity - Component, Composite, S-Video, two RGB input

• Digital Keystone Correction

• Brightness - 2,000 lumens (1,600 lumens in Whisper Mode)

• Ultra-portable - 7 pounds

• Quiet Operation - 40 decibels (34 decibels in Whisper Mode)

• Versatile and Easy to Connect

• Clear Sound - Built-in Speaker (1W x 2 stereo)

• Wireless Remote Control with Laser Pointer

• Automatic Setup - Simple Plug-and-Play

• Warranty - 3 years parts and labor, 90 days for the lamp

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

Kerstin Barr
Weber Shandwick San Mateo
Tel: (650) 532-4033
kbarr@webershandwick.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

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