23-Feb-01

Hitachi Announces New $9,995 Price Point on Sleek, High Definition 42-Inch Plasma Display Panels

Product Now Shipping, Boasts New Extended Warranty And Additional Value Added Benefits

Hitachi America, Ltd., a subsidiary of Hitachi, Ltd., Tokyo, Japan (NYSE: HIT), announced a significant price improvement on the world-class 42-inch Hitachi Plasma Display Panel CMP4120HDU. Featuring a new extended warranty, Hitachi's sleek, flat screen display will begin shipping today at the new price point of $9,995. Hitachi, a world leader in the plasma display market, will offer customers the innovative, best-of-breed display unit with a two-year limited warranty, double that of the conventional one-year limited warranty. ""While we continue to focus on the development of the most sophisticated and innovative products, we recognize the need to offer our solutions at a competitive price,"" said Pete Denes, National Sales Manager of Hitachi America, Ltd., Computer Division, Multimedia Presentation Products. ""By reducing the cost of the popular new 42-inch plasma display, and including a new extended warranty, Hitachi is providing customers with a cost effective solution, while maintaining the highest standard of quality."" Mountable virtually anywhere, the CMP4120HDU provides superior visibility with a 160-degree viewing angle, and an impressive contrast ratio of 700:1. The CMP4120HDU can also be mounted either vertically or horizontally - ensuring limitless flexibility for customer installations. Featuring a native resolution of 1024 x 1024, this high definition display provides sharp, vivid images for maximum visual impact. In a continuing effort to offer the most advanced products at competitive price points, Hitachi has extended upon the price reduction of the CMP4120HDU by offering a new extended warranty. Now, Hitachi's entire line of plasma displays, including both the 42-inch and 37-inch models, includes a two-year limited warranty for parts and labor. In the event that a Hitachi plasma display requires maintenance within that time frame, Hitachi's highly trained service personnel will perform necessary maintenance and repairs at no cost to the owner. (Note: some limitations apply.) The CMP4120HDU is available now in the United States through Hitachi's network of dealers and distributors. For more information about Hitachi America, Ltd., visit www.hitachi.com.
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