Fuji Photo Film Co. Acquires Dimatix, Inc., the Top U.S. Industrial Inkjet Printhead Manufacturer
Expands its Inkjet Business by Integrating Leading Edge Materials Technologies and Printhead Technology

June 13, 2006

Fuji Photo Film Co., Ltd. (President: Shigetaka Komori, hereinafter “Fujifilm” ) has made the decision to purchase Dimatix, Inc. (headquarters: California, U.S.A., hereinafter “Dimatix”), the leading manufacturer of industrial inkjet printheads. A purchase agreement has recently been concluded and the transaction is expected to be completed in July 2006. Dimatix will become a wholly owned subsidiary of Fujifilm.

Dimatix is a world leader in the research, development, manufacture and sale of printheads used in industrial inkjet printers, which are increasingly being used in such fields as outdoor advertising and packaging materials. As such, the company supplies printheads and provides after-sales service to printer manufacturers and various other users. Using MEMS1, Dimatix has developed advanced piezoelectric printheads2 that feature superior quality and excellent durability. The superb technology, quality, and service embodied by these products have earned the company a highly competitive share of the world market. Dimatix intends to continue the development of top-quality and reliable printheads, which it will supply to printer manufacturers and other customers, maintaining strong relationships with them.

In February 2005, Fujifilm acquired Sericol Group Limited in the U.K. Sericol is a market leader in the supply of UV ink for the industrial inkjet market. Similarly, in February 2006, Fujifilm acquired Avecia Inkjet Limited, a U.K. company, who is the leading manufacturer of ink dyes used in inkjet printers. Through these acquisitions, Fujifilm is accelerating and expanding the growth of its inkjet business. Fujifilm is now developing advanced ink technologies by applying the high-level materials development technologies and expertise in synthetic compounds it has gained through the development of films used in such fields as silver halide photography, graphic arts, and medical imaging. By fusing the advanced printhead technologies owned by Dimatix with the sophisticated ink technologies owned by the Fujifilm group, Fujifilm will develop unrivaled high-quality imaging, realize image outputting on various new materials, and expand its industrial inkjet business.

Fujifilm established “building new growth strategies” as one of its fundamental strategies. The company is considerably strengthening its plant and facilities investment and R&D, while enlarging its new businesses through aggressive mergers and acquisitions. The recent acquisition is one facet of this growth strategy.

1) MEMS (Micro Electro Mechanical Systems)
MEMS is a general term that refers to technologies that are used to create 3-dimensional electronic and mechanical structures on silicon substrates on the micrometer level, and manufactured parts using such technologies. By applying these technologies and parts to inkjet heads, it becomes possible to arrange high-precision inkjet nozzles with great accuracy and density, and to manufacture inkjet heads that are both mechanically and chemically stable.

2) Piezoelectric Heads
Piezoelectric heads have piezo elements (voltage elements) that change shape mechanically in response to electrical voltage. These elements in turn change the shape of pressure chambers containing ink, which causes the ink to spray out. Because high heat is not applied to the ink, various kinds of ink can be sprayed, making this method ideal for industrial applications.

Overview of Dimatix, Inc.

Established: 1984
Sales volume: Approximately 9 billion yen (year ended December 2005)
Employees: Approximately 300 (as of the end of May 2006)
Locations: Santa Clara, CA, U.S.A. (headquarters, R&D)
Lebanon, New Hampshire, U.S.A. (manufacturing, sales and marketing, customer service)

Media Contact:
Fuji Photo Film Co., Ltd.

Corporate Communications Division, Public Relations Division
Tel: +81-3-3406-2490
Website URL: http://www.fujifilm.com