Press Releases

Nihon Kohden establishes subsidiary to strengthen marketing in Spain and Portugal

April 1, 2003

MADRID, SPAIN - In order to strengthen marketing in the Spain and Portugal region, Nihon Kohden Corporation has established a new subsidiary in Madrid. The new subsidiary, Nihon Kohden Iberia, opens for business on April 1, 2003.

Profile
Name Nihon Kohden Iberia S.L.
Capital Investment EUR 250,000
Ownership Fully owned subsidiary of Nihon Kohden Europe GmbH
Officers President: Toshifumi Kamihirata (also president of Nihon Kohden Europe and Nihon Kohden Italy)
Address C/ Ulises 75A, 28043 Madrid, Spain

Until now, the European subsidiary, Nihon Kohden Europe, had handled marketing in Spain and Portugal by a network of distributors. This market is expected to grow and with the establishment of the new subsidiary for marketing and sales, and technical support, Nihon Kohden aims to strengthen the distributor network and increase sales.

Nihon Kohden is Japan's leading manufacturer, developer and distributor of patient monitors, defibrillators, ECGs, EEGs, EP/EMGs, hematology analyzers and other medical electronic equipment with subsidiaries in the United States, Europe and Asia and distributors in nearly every country in the world. For more information, visit the Company's web site at www.nihonkohden.com.

CONTACT:
Nihon Kohden Europe GmbH
Toshifumi Kamihirata, +49 6172-3092-00