UbiNetics and Hitachi partner to develop 3G chip-sets

~ technology firms join forces to meet surging demand from 3G device manufacturers ~

23 September, 2002 - UbiNetics has signed a global development and licensing agreement with Hitachi, Ltd. (TSE:6501, NYSE:HIT, Hitachi) to help it develop a 3G/GSM radio frequency chip (RFIC).

UbiNetics, a supplier of 3G technology and testing solutions, will jointly develop and license the system level design of the RFIC to Hitachi. In turn, Hitachi will sell the new chips to its customers, which include the world's leading  handset manufacturers.

The multi-mode solution incorporates GSM, GPRS, EDGE and UMTS technology, so it is highly cost-effective for manufacturers.

This deal is the first of its kind to be signed by UbiNetics. It underlines the company's status as the world's leading independent supplier and developer of 3G products and Intellectual Property (IP).

"The 3G market represents an enormous growth opportunity for Hitachi. However, given the complexity of the technology, we needed to work with a specialist to develop the best possible solutions for our customers," said Kunio Kobayashi, general manager of Radio Frequency Device Division,
Multi-Purpose Semiconductor Business Unit, Semiconductor and Integrated Circuits, Hitachi, Ltd.

"UbiNetics was the only global supplier of chip-set solutions that had made sufficient investments to meet our stringent quality requirements. Furthermore, its highly experienced team of engineers demonstrated
world-leading systems knowledge," added Kobayashi.

"Whilst there have been some much-publicised delays in 3G deployments,
most operators are well on the way to completing their network build-outs. It is not a case of if 3G will arrive - it is here already. This is why leading device manufactures are making significant investments now to meet consumer demand when the first networks go live in Europe later this year," said Björn Krylander, CEO of UbiNetics.

"Hitachi will undoubtedly be one of the leading suppliers of chip-set solutions to this burgeoning industry. Therefore, its decision to partner with UbiNetics and develop 3G chip-set solutions is not only great news for us, but also a very positive sign for the industry as whole," added Krylander.

About UbiNetics
UbiNetics is a next generation wireless communications technology company. It designs and develops innovative 3G, 2.5G and 2G products and solutions for wireless data and voice applications and is a leader in 3G test and measurement equipment.

The company's 3G Test Mobile has become the industry de-facto standard for WCDMA infrastructure testing. This, together with the portable TM200 Test Mobile and other test solutions, positions UbiNetics at the centre of 3G interoperability testing. UbiNetics also provides the industry's most robust protocol software and physical layer IP portfolio for 3G chipset and handset developers and manufacturers. The company has developed a unique range of creative products for UMTS and GPRS/GSM applications including customised embedded modules and development tools.

The company was formed in January 1999 from PA Consulting Group's Wireless Telecommunications Practice. Since 1999, UbiNetics has grown to over 400 employees with activities in the UK (Cambridge and Swindon), the US, Japan, India, Hong Kong and Taiwan.

Further information about UbiNetics can be found at www.ubinetics.com

About Hitachi Europe Ltd.
Hitachi Europe Ltd., is a wholly owned subsidiary of Hitachi, Ltd. Japan. It has operations throughout EMEA which provide sales, marketing, technical support and research and development.

Hitachi's semiconductor and display products are key components in the fields of smart cards, communications, automotive, consumer, industrial, displays and system LSI. They include the SuperH™ RISC microprocessors, the H8 microcontroller family, smart card controllers, TFT displays, memories (Flash and SRAM), transistors and diodes, and network products.

For reader enquiries or more information on the products and services offered in Europe by Hitachi Semiconductor, please visit the Web site at:
http://www.hitachi-eu.com/semiconductors/ or email web.ecg@hitachi-eu.com
or call 01628 585161

About Hitachi
Hitachi, Ltd., headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 320,000 employees worldwide. Fiscal 2001 (ended March 31, 2002) consolidated sales totalled 7,994 billion yen ($60.1 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, materials and financial services.

For more information on Hitachi, please visit the company's Web site at http://global.hitachi.com.