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About GIGATEC INC.

Location: 625 Shimo-Shima-machi, Takasaki-shi, Gunma Prefecture ( Japan)

Founded: 1989

Employees: 29

Core Biz: Design, develop and manufacture wireless communication power amplifiers

URL: http://www.gigatec.net

Gigatec Inc., in which Nagase has a 41 pe rcent equity stake, is a specialized manufacturer that designs, develops and produces power amplifiers for mobile telephone and PHS base stations.

The company has achieved rapid growth, with net sales rising from ¥0.4 billion in the fiscal year ended February 2001 to ¥5.6 billion in the fiscal year ended February 2003. New production facilities are currently being constructed, and their scheduled completion in the fall is expected to spur further growth.

Demand for parts for wireless base stations in China is expected to remain strong in fiscal 2003, and Nagase will work to meet the needs of the market by mobilizing the forces of the entire Group, including Gigatec, which handles manufacturing, and Shanghai Nagase Trading Co., Ltd., which carries out marketing.

Read more about Gigatec in Nagase’s news release

For further information please contact

Mr. Tadayaki Yabe, or Mr. Hidenobu Sunami
Electronics Second Group
Nagase & Co., Ltd.
Tel: 03-3665-3266
Fax: 03-3665-3311

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