Toshiba Teli Corporation opens first North American subsidiary

FEBRUARY 22--In line with its aggressive global expansion strategy, Toshiba Teli Corporation (Tokyo, Japan), one of the world¹s leading ISO 9001 certified manufacturers of video cameras for industrial applications, has announced the formation of Toshiba Teli America Inc., its first subsidiary in the United States, and the appointment of Doug Freck as president and CEO of the new company.

Said Hiroshi Takaoka, president & CEO, Toshiba Teli Corporation, "While Toshiba Teli America is a new company to the United States, we have more than 50 years of worldwide experience in the manufacturing of unique imaging solutions. Our new strong presence in the United States will help us better focus on the requirements of local markets and provide the best, most responsive service to our valued customers.²

The new Toshiba Teli America faculty will house all US-based sales, engineering, service, and warehousing operations. It is located at 33 Hammond, Suite 211, Irvine, CA. The opening ceremony and start of operations are scheduled for March 1, 2005.

Toshiba Teli CMOS and CCD cameras, camera scopes, monitors, and video control equipment will be sold by Toshiba Teli America through a strategic network of North American distributors, dealers, and an internal sales force under the Teli brand name. Used in a wide range of industrial-vision, factory-automation, quality-control, and scientific applications, these cameras and imaging systems had previously only been available to North American buyers via limited distribution.

Toshiba veteran Doug Freck, named president and CEO, has been commissioned to develop its operational infrastructure throughout North America. He will oversee all sales, engineering, warehousing, marketing, and customer support activities. During his 22-year career with Toshiba, Freck has been instrumental in the introduction and expansion of many innovative vision technologies into new markets. He sees the dynamic integration of systems-based imaging solutions as fundamental to the success and continued growth of Toshiba Teli.

For more information, visitwww.toshiba-teli.co.jp.