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Hiroshima University and Elpida Reach Basic Agreement on Comprehensive Research Collaboration

TOKYO, November 28, 2003 - Hiroshima University, one of the world's top research universities, and Elpida Memory, Inc. (Elpida), a world-class designer and developer of semiconductors and production technology, today announced that they have reached a basic agreement and have signed a Memorandum of Understanding (MOU) to promote comprehensive, collaborative research in the development of world-leading, state-of-the-art semiconductor and environmental protection technologies.

Both parties anticipate that the widespread application of their research results, gained through close personal interaction and utilization of each other's resources, will help contribute to the healthy development of local industry and to the promotion of science and technology.

During the summer of 2003, Hiroshima University and Elpida conducted detailed discussions regarding a research collaboration in which both parties' technologies could be utilized to promote a higher quality research and technology development, thereby making a significant contribution to society. The discussions were fully supported and coordinated by the Center for Technology Research and Development at Hiroshima University, and resulted in today's signing of an MOU.

The MOU signed today is an agreement to develop the first stage of a multi-faceted collaborative relationship. Unlike conventional project-based joint research, both parties benefit from each other's academic/industrial strengths, creating synergy through the mutual utilization of technologies, human resources and facilities. Both Hiroshima University and Elpida expect this new style of academic-industrial linking to produce results that will stand out on the world stage.

Details of Research Collaboration

About Hiroshima University
Hiroshima University is an integrated research university with ten faculties, ten graduate schools and one research institute, along with many education and research facilities.
Under The National School Establishment Law, Hiroshima University was established on May 31, 1949. Since its foundation, Hiroshima University has strived to become one of the most prominent and comprehensive universities in Japan for the promotion and development of scholarship and education.
The Center for Technology Research and Development (CTRD) was established on April 1, 1995. The Center promotes technology and engineering development through cooperative research activities among universities, local industries and governmental organizations.

About Elpida Memory, Inc.
Elpida Memory, Inc. is a manufacturer of Dynamic Random Access Memory (DRAM) with headquarters based in Tokyo, Japan, and sales and marketing operations located in Japan, North America, Europe and Asia. Elpida offers a broad range of leading-edge DRAM products. Elpida is a joint venture company formed by NEC and Hitachi on December 20, 1999 and has been in operation since April 2000.

Information in this news release is current as of the timing of the release, but may be revised later without notice.


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