FOR IMMEDIATE RELEASE
Densei-Lambda to Close Kanoya Factory
TOKYO, February 22, 2002 - Densei-Lambda K. K. (TSE: 6917), a leading manufacturer of power systems, announced following a board meeting today that it would close Densei-Lambda's factory in Kanoya City, Kagoshima.
1. Reasons for the closure
  In response to a rapidly changing business environment, Densei-Lambda last year developed a strategy to increase competitiveness, improve organizational structure, and concentrate and increase the efficiency of its manufacturing and research facilities. The closure of the Kanoya factory is one part of this plan. Operations currently carried out at the Kanoya facility will be transferred to factories in Nagaoka City, Niigata and to a manufacturing subsidiary in Malaysia.
  As a result of this closure, the rationalization of domestic production of switching power supply and uninterruptible power supply into Densei-Lambda's Nagaoka and Tsukuba factories respectively will be complete.
2. Outline of the Kanoya factory
  Address: 215 Kamitakakuma-cho, Kanoya City, Kagoshima
Established: August, 1988
Primary operations: Production of switching power supply equipment
Number of employees: 41, including 31 part-time employees (as at January 31,
2002)
3. Handling of employees
  The company is working with full time employees to arrange transfers to other factories and administration centers.
4. Factory site and premises
  Options for the vacated site are currently being evaluated.
5. Schedule
  Production at the factory will cease in March 2002, and the premises will close the following month.
For further inquiries, please contact:
Masami Kobashi, Managing Director, Densei-Lambda                Tel: 3447-4411
Notes to Editors
Headquartered in Tokyo, Densei-Lambda is the Asian hub of operations for Invensys Power Systems.
It is a research and development center of excellence for DC-DC converters, switching power supply
product development, manufacturing and purchasing. Invensys Power Systems is an American-based
world leader of secure power, energy storage, power conversion and telecom energy systems with
18,000 employees and $2.5 billion in sales.

Invensys plc is one of the global leaders in automation and controls. Headquartered in London,
England, Invensys operates in all regions of the world through four divisions -Software Systems,
Automation Systems, Control Systems and Power Systems. With over 75,000 employees, the Group
supplies products and services ranging from advanced control systems, remote diagnostics and energy
management for process plants, factories and commercial environments to electronic devices and
networks for residential buildings, as well as complete power systems for the industrial,
telecommunications and information technology sectors.
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