Newly developed optical disc technology featuring a unique organic dye enabling DVD-R recording at 1x to 16x speeds

August 17, 2004

Fuji Photo Film Co., Ltd.

Sysmex Corporation

Fuji Photo Film Co., Ltd. (President and CEO: Shigetaka Komori; HQ: Minato-ku, Tokyo ; hereafter referred to as "Fujifilm") and Sysmex Corporation (President: Hisashi Ietsugu; HQ: Kobe-city, Hyogo Prefecture ; hereafter referred to as "Sysmex") have concluded a business collaboration agreement for sales in China of the FUJI DRI-CHEM System, a compact dry-chemistry testing system. The two companies have collaborated in the recent application for marketing approval to the Chinese authorities.
In the fast-growing Japanese market, more than 70% of demand is for DVD recorders with built in hard disk drives (HDD), where programs can be recorded onto the hard disk and then copied onto a DVD. Users are demanding faster recording speed to disc in order to achieve shorter copying times.

There are two types of biochemistry testing systems for clinical testing: a testing system using liquid reagents and a dry chemistry system using dried reagents. The transport infrastructure in China , particularly in rural areas, has yet to reach a stage of full development. This has led to a high demand for dried reagents that are relatively easy to handle, while liquid reagents require constant low-temperature storage and distribution. These factors are expected to lead to a further increase in the demand for the dry-chemistry testing system.

The current goal of the alliance is to promote product marketing in China through the effective consolidation of both companies' assets: FUJI DRI-CHEM System with its high share of the compact dry-chemistry biochemistry testing systems market in Japan and Sysmex's extensive international distribution network for clinical testing, including blood cell counting.

The FUJI DRI-CHEM System is one of the leading products in Fujifilm's life-science business field. Based on the agreement, Fujifilm and Sysmex will collaborate in pursuit of the top share of the compact dry-chemistry testing system in the Chinese market.

The life-science business is now one of the core business fields in Fujifilm's growth strategy. Fujifilm established the Life Science Research Laboratories in January 2004, and is aggressively promoting reinforcement in both R&D capabilities and sales in this field. Sysmex, meanwhile, aims to become a total supplier for the Asian market and is also looking to expand its product lineup. The FUJI DRI-CHEM System, in combination with its liquid reagent testing systems currently on the market, will achieve an integrated biochemistry product lineup covering both liquid- and dry-type testing systems for Sysmex. This will increase its competitiveness as a total supplier in the Chinese market.

In the future, Fujifilm and Sysmex plan to discuss broader business collaboration in order to maximize the advantages of both companies and enable them to respond to changes in the business environment, including diversifying customer demands and intensifying international competition.