Mamiya News Release http://www.mamiya-op.co.jp/home/camera/eng/news/news20060516.html May 16, 2006 Mamiya-OP Co., Ltd. Mamiya News Release The New Mamiya Digital Imaging Company SAITAMA, JAPAN - Mamiya-OP who has three business units including Camera, Golf and Electronic Equipment, has recently announced that its camera division will be transferred to a new company to be named Mamiya Digital Imaging. Mr. Tsutsumi, President of Cosmo Digital Imaging, the company acquiring the Mamiya Camera & Optical Division, stated "We will concentrate our efforts on expanding development of the Mamiya ZD Digital Camera, the Mamiya Digital Back, and the continuation of the current series of Mamiya cameras and lenses." " All trademarks, patents, plant facilities,and inventory of Mamiya cameras, lenses and accessories will be transferred to Mamiya Digital Imaging along with most of the skilled manufacturing employees, service technicians, R&D engineers and sales force. We also affirm there will be no change in Mamiya's business activities including marketing, sales and service." According to Tsutsumi, Mamiya Digital Imaging will have the advantage of being able to focus solely on the development of new digital imaging technologies and products for professional photographers. "We are convinced that the synergy of Mamiya's experience in camera and lens manufacturing, along with our IT technology capabilities and extensive experience in software development, will accelerate progress and innovation of Mamiya products". Mamiya Digital Imaging is said to be looking forward to unveiling its new products at Photokina in September 2006, around the same time the September 1 transfer is scheduled to conclude. |