1-11-15 Higashigotanda, Shinagawa, Tokyo 141-0022 Japan
October 1, 1999
Dear Sirs:

We are pleased to announce that effective October 1, 1999, Nemic-Lambda K. K. and
Nippon Electric Industry Co. Ltd. has merged to create Densei-Lambda K. K.

As you may know, both companies are leading manufacturers of power supply systems and
through this merger we are ready to integrate our forces and willing to offer our extended service
capability for various products to fulfill your expectations.

We would like to take this opportunity to ask for your further valuable support and patronage for
the new company.
Sincerely,
Toshiro Kawaminami
Chairman
Representative Director
Toru Mikami
Deputy Chairman
Representative Director
Thomas Gutierrez
President
Representative Director