| 【News Release】
December 19,2001
FUJITSU TEN LIMITED (Head office in Kobe City, President: Takamitsu Tsuchimoto, capitalized at \5.3 billion) has set up a local company limited, " ECLIPSE TD (UK) Ltd" in the United Kingdom for import and sales of home-use speaker system "ECLIPSE TD". An opening ceremony will be held in the Abbey Road Studios in London on 19th December (local time) with attendance of people concerned in the music circle on invitation. Sales in U.K. will commence the following day, on 20th December (local time). As U.K. leads the world music circles, its studio recording equipment and speakers, etc. have gained worldwide recognition. We have come to the conclusion that in order to establish the brand image of ECLIPSE TD, the products need evaluations in the UK market where many well-known manufacturers of high quality home audio devices exist. ECLIPSE TD, consisting of home-use oval speakers and a power amplifier capable of outputting its features to a maximum extent, is designed to pursue infinite reproduction of such original sound kept in the sound source as a pianist*s finger touch and a vocal singer*s breathing, based on the theory of the time domain. It was put on sale in Japan in April 2001 and was exhibited in a Hi-Fi show held in London in September and gained popularity. The products which will be put on sale in U.K. are the same as those
in the current line-up in Japan and sales will be promoted through the
Internet with URL: http://www.eclipse-td.co.uk/
(an application for purchase is also possible through the sales agents).
We aim to gain a market share of 5% in the U.K. market for quality home-use
speakers.
【The profile of the company】 1. Name ECLIPSE TD (UK) LTD 2. Location LOE House, 159 Broadhurst Gardens,London
NW6 3AU, UK
3. Business Import and sales of home-use audio equipment and parts 4. Capital Sterling L 200,000. 5. Investment ratio FUJITSU TEN LIMITED 65%
6. Representative Hiroshi Kato (Representative of LOE Entertainment Ltd.) 7. Date of establishment November 26, 2001 8. Sales forecast L 3.5 million in the fiscal year 2003 9. Number of employees 7 persons 10. Products line-up
(*) LOE Entertainment Ltd is a general producer established in 1975
for planning, producing, sales
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