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Hitachi Breaks Into Micro-Portable XGA Market With Newest LCD Projector

Apr 16, 2001 08:57 AM

-- Providing an Exceptional Solution for the Mobile Professional, Hitachi's Micro-Portable CP-X270W Projector Debuts at NAB 2001--

LAS VEGAS, http://www.hitachi.us/, April 16, 2001 - Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., Tokyo, Japan (NYSE: HIT), today announced the latest in its LCD multimedia projector family with the addition of its first ever XGA micro-portable projector. Weighing just five pounds, the Hitachi CP-X270W with XGA resolution provides a sharper, more vivid image than standard SVGA projectors. In addition, the CP-X270W offers mobile professionals a thin, compact body that produces unparalleled brightness in the micro-portable field at 800 lumens. This model is one of three new projectors being announced in conjunction with NAB 2001, and will be displayed at Booth #M9963 at the Sands Convention Center, April 21-26.

"The unveiling of the Hitachi micro-portable XGA projector underscores our position as a leader in the LCD projector market," said Pete Denes, national sales manager of Hitachi America, Ltd., Computer Division, Multimedia Presentation Products. "With its affordable price and bevy of top-notch features, this micro-portable gives our customers an unbeatable combination."

Measuring just 2.4 inches in thickness, the Hitachi CP-X270W offers an incredibly short projection throw, requiring a distance of just five feet to project a 60-inch diagonal image. This unique feature allows the user to produce a large projected image within the confines of a limited space. By combining its small footprint with its sharp projection image, the CP-X270W is ideally suited for mobile presentations, as well as for home use and small office-home office applications. The micro-portable projector also features low background noise, further enhancing the product's functionality for use in small venues.

Other features for the CP-X270W include a sliding lens cover, built in speaker, lighted control buttons for easier use in a dark room and an optional remote mouse unit.

The Hitachi CP-X270W is priced at $5,495 and is currently available via Hitachi's network of nationwide resellers.

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 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://hitachi.com.

*At an exchange rate of 106 yen to the dollar.

Key Features

• True XGA Resolution

• Micro-portable - 5 pounds

• Compact Body - 2.4-inch thickness

• Short Throw Distance - 60-inch diagonal screen from only 5 feet away

• Bright - 800 lumens

• Low Acoustic Noise - 34 dB

• Digital Keystone Correction - +/- 10%

• Sliding Lens Cover

• Clear Sound - Built-in Speaker

• Optional Remote Mouse Unit

• Automatic Setup - Simple Plug-and-Play

• Warranty - 2 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

Kerstin Barr
The Weber Group
Tel: (650) 463-8631

For all other inquiries please call:

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