Dubai: December 1st, 2008 – The Dubai Silicon Oasis Authority (DSOA) today announced its agreement with Hitachi Data Systems to locate its Middle East and North Africa (MENA) headquarters at the Dubai Silicon Oasis (DSO), the region’s premier integrated innovations hub for high-tech industries.

The agreement was signed by Shahla Ahmed Abdul Razak, deputy chief executive officer, DSOA and Tony Ward, general manager & sales director, Hitachi Data Systems MENAT. The company, specializing in storage infrastructure platforms, storage management software and storage consulting services, will commence its MENA operations from the Dubai Silicon Oasis Authority (DSOA) headquarters from December 2008.

Commenting on this agreement, Shahla said: “Since our inception, DSO has continuously received substantial interest from major regional and international businesses. The combination of freehold operations, state-of-the-art infrastructure, premium facilities and support services are some of the specific advantages that businesses seek for expanding operations and entering this regional market.

“Hitachi Data Systems joins some of the prestigious international brands already present at Dubai Silicon Oasis. As a pioneer in the international storage business, Hitachi Data Systems will benefit from this strategic collaboration, which also will help us realize our long term plans and objectives. At the same time, our mutual commitment to innovation and development will help to bring significant benefits to the technology sector in the region” Shahla added.

Tony Ward of Hitachi Data Systems said: “Our decision to move our regional headquarters to Dubai Silicon Oasis is part of our long term strategy to strengthen operations in the region. DSO is an ideal choice for us as it offers an innovative business infrastructure and a value-added proposition. Our business is expanding and we’re growing our team as well as our network of partners.”

Specializing in storage systems across enterprises and SMBs, Hitachi Data Systems is recognized by industry analysts and associations as a clear technology leader. The explosive growth of data-intensive applications and an increasing reliance on information as a competitive differentiator have made data storage a central component of corporate strategies. Hitachi Data Systems works with organizations to recommend storage strategies, solutions and implementation plans that address their challenges in a cost-effective way.

Encompassing state-of-the-art office towers, research and development zones, educational institutions, luxury apartments, villas, hotels, and healthcare facilities, the 7.2 km master-planned Dubai Silicon Oasis community offers exclusive business space, and a full spectrum of lifestyle facilities. The technology hub currently hosts more than 160 regional and international companies.

About Hitachi Data Systems
Hitachi Data Systems Corporation provides Services Oriented Storage Solutions that enable heterogeneous storage to be dynamically provisioned according to business needs and centrally managed via industry-leading Hitachi storage virtualization software. With over 4,000 employees, and as an integral part of the Hitachi Storage Solutions Group, Hitachi Data Systems delivers storage infrastructure platforms, storage management software, and storage consulting services through direct and indirect channels in over 170 countries and regions. Its customers include nearly 60-percent of Fortune 100 companies. For more information, visit the company’s Web site at http://www.hds.com.

About Hitachi, Ltd.
Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 390,000 employees worldwide. Fiscal 2007 (ended March 31, 2008) consolidated revenues totaled 11,226 billion yen ($112.2 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, logistics, materials and financial services. For more information on Hitachi, please visit the company’s website at http://www.hitachi.com.

© 2008, Hitachi is a registered trademark of Hitachi, Ltd. and/or its affiliates in the United States and other countries. Hitachi Data Systems is a registered trademark and service mark of Hitachi, Ltd. in the United States and other countries. All other trademarks, services marks, company names are properties of their respective owners.

About Dubai Silicon Oasis
Dubai Silicon Oasis Authority (DSOA), a 100% owned entity by the Government of Dubai, is a free zone, strategically placed on the Emirates road. DSOA’s urban master-planned community spans 7.2 square kilometers of state of the art office towers, R&D and industrial zones, educational institutions, luxury apartments, villas, hotels, healthcare and a full range of lifestyle facilities which translate into a dynamic commercial and social environment. Businesses can flourish under the unrivalled package of incentives, including 100% ownership, and high end IT infrastructure that allows companies to begin operating immediately.

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