Seiko Instruments USA Announces New President and CEO

TORRANCE, Calif. – August 27, 2009 – Seiko Instruments USA Inc. (SIU) http://www.siiprinters.com, a globally recognized leader in precision manufacturing and technology, today announced the appointment of Satoshi Kanesaka as president and CEO. Mr. Kanesaka brings over 25 years of management, technology, and international business experience to SIU. Before joining SIU, Mr. Kanesaka held leadership roles in executive management, international marketing and sales, and engineering in Europe, Asia, and North America. Most recently, he served as Executive Manager, Corporate Planning Group for Seiko Instruments Inc., SIU’s parent company, based in Chiba, Japan.

“Seiko Instruments is a globally recognized brand, with a well-earned reputation for design and manufacturing excellence,” said Mr. Kanesaka. “It is clear the company has made smart decisions about where to invest resources during this recession, and we are now well positioned to succeed as the global economy begins to recover. I am very pleased to join the team of committed professionals at Seiko Instruments USA.”

Mr. Kanesaka holds a degree in precise mechanical engineering from the prestigious Tokyo University School of Engineering and served as an adjunct professor at Chiba University. He replaces Akira Yamamoto, who is retiring after leading Seiko Instruments USA for 8 years.

“It has been a pleasure and an honor to lead the talented group of professionals at Seiko Instruments,” said Mr. Yamamoto. “I have every confidence that Mr. Kanesaka will guide the company to continued growth, as it looks to expand our footprint in the Americas.”

About Seiko Instruments Inc.
As a member of The Seiko Group, Seiko Instruments (SII) represents a globally recognized brand, embodying innovative design and precision manufacturing excellence. Founded in 1937, SII manufactures and markets electronic components, thermal and specialty printers, consumer electronics, communication and network technology, scientific instrumentation, and precision manufacturing technology. SII has a global presence, with more than 13,000 employees worldwide.

Information about Seiko Instruments kiosk printers, mobile printers, portable desktop printers, and thermal printer mechanisms can be found at www.siiprinters.com.