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Hitachi Launches Affordable, Feature-Rich Projector to Meet the Growing Multimedia Demands of Educators and Budget Conscious Businesses

LAS VEGAS--(BUSINESS WIRE)--June 11, 2001-- Hitachi America, Ltd., www.hitachi.com, a subsidiary of Hitachi, Ltd., Tokyo, Japan (NYSE:HIT), today unveiled the most recent member of its portable LCD projector family, the CP-S310W. Priced at under $6,500, the CP-S310W provides a low-cost solution for educational purposes or for the increasing amount of budget conscious businesses, while providing all of the fundamental features needed for a high-quality presentation. The CP-S310W is bright and relatively compact, delivering 1,600 lumens from the lightweight, seven-pound projector. This model is one of three new Hitachi projectors being unveiled and demonstrated at INFOCOMM 2001 along side Hitachi's entire family of multimedia projectors at Booth No. 6065 at the Sands Convention Center, June 13 - 15, 2001.

"The CP-S310W provides the consumer with a tremendous option at an affordable price in the portable projector market," said Pete Denes, national sales manager of Hitachi America, Ltd., Computer Division, Multimedia Presentation Products. "The CP-S310W is suited for multiple uses as it possesses the ideal combination of size, features and brightness."

With its SVGA resolution, the full-featured CP-S310W is a logical choice for use with data and computer graphics presentations. In addition, the CP-S310W has a contrast ratio of 300:1, further enhancing the picture and providing the user with a clean, crisp presentation.

Hitachi's CP-S310W also provides numerous connectivity options with two RGB inputs along with composite and S-Video inputs and one RGB output. Other features for the CP-S310W include manual zoom and focus, digital keystone correction and two speakers.

The Hitachi CP-S310W is priced at $6,495 and is now available through Hitachi's network of nationwide resellers. For more information visit Hitachi's Web site at http://www.hitachi.com/lcd, or call 1-800-HITACHI.

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 2000 (ended March 31, 2001) consolidated sales of 8,417 billion yen ($67.9 billion(a)). 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.

(a)At an exchange rate of 124 yen to the dollar.

Key Features

SVGA Resolution
Ultra-portable - 7 pounds
Brightness - 1,600 lumens
Contrast Ratio - 300:1
Digital Keystone Correction
Versatile and easy to connect - All the features of an installation projector in a small footprint
High connectivity -RGB, composite, S-Video inputs
Clear Sound - Two 1W Speakers
Remote control - Full function wireless remote
Warranty - 2 years parts and labor, 90 days for the lamp

--30--jb/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