Fujitsu General America Reaffirms Its Commitment To U.S. Plasma Display Market

Fujitsu LTDís Recently Announced Sale of FHP Assets will Not Affect Companyís Business

16-Feb-05

Fujitsu General America issued a statement that last monthís announcement by its parent company, Fujitsu Limited, regarding the impending sale of assets in Fujitsu-Hitachi Plasma Inc. (FHP), will not affect Fujitsu General Americaís core business.  Stated Tedd Rozylowicz, President, COO, Fujitsu General America: ìThe sale of Fujitsu LTDís assets in FHP to Hitachi will have absolutely no effect on Fujitsu General America and its ability to provide finished products all over the world. First of all, the AVM technology that we use in our plasma display panels is not part of this transaction, and we have no plans to sell this core technology. The partnership between Hitachi and Fujitsu LTD is strictly related to the glass component, and does not mean that we have benefited from any special relationship in terms of pricing or raw materials sourced from FHP.î  Mr. Rozylowicz continued: ìJust as we have in the past, Fujitsu General America will continue to purchase glass components and other raw materials for our products from the company or companies that offer the highest quality products at the best prices, including FHP. We remain committed to providing the American market with industry-leading plasma display products and we will continue to be a viable entity for finished goods products for years to come, setting quality and performance standards regardless of where we source our raw materials.îFor more information, visit http://www.plasmavision.com

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