P R E S S   R E L E A S E

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

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

LAS VEGAS--(BUSINESS WIRE)--April 16, 2001-- Hitachi America, Ltd., www.hitachi.com, 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 750 lumens. This model is one of three new projectors being announced in conjunction with NAB 2001, and will be displayed at Booth No. 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. For more information visit Hitachi.com\LCD's Web site at http://www.hitachi.com/lcd

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.com.

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(1)). 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://global.hitachi.com.
  (1)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 - 750 lumens
Low Acoustic Noise - 34 dB
Digital Keystone Correction - +/- 10%
Sliding Lens Cover
Versatile and Easy to Connect
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

--30--kc/sf*

CONTACT: Hitachi America, Ltd.
Gerard F. Corbett, 650/244-7900
gerard.corbett@hal.hitachi.com or
The Weber Group
Kerstin Barr, 650/463-8631
kbarr@ca.webergroup.com