Hitachi Medical And Aloka Co., Ltd. To Form Strategic Alliance In Ultrasonic Diagnostic Equipment Business

Tokyo, May 2, 2006 (JCN) - Hitachi Medical has agreed with ALOKA, a Tokyo-based medical device company, to form a strategic alliance. Under this alliance, Hitachi Medical will purchase 3,500,000 shares of common stocks of ALOKA for 3,885 million yen ($34.0 mil), becoming the second leading shareholder of ALOKA.

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