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Murata and VTI hold "Murata Take Off Day"

March 12, 2012

Murata Manufacturing Co., Ltd.
President/ Statutory Representative Director: Tsuneo Murata

A scene from Murata Take Off Day
A scene from Murata Take Off Day

A scene from Murata Take Off Day

Kyoto, Japan-- Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) , closed the purchase of VTI Technologies Oy (VTI) , announced that "Murata Take Off Day" was held at VTI in Finland on March 9, 2012. The event was attended by the Director of Murata's Sensor Product Division and other members.

On "Murata Take Off Day, " employees of VTI symbolically boarded "Murata Airlines, " and affirmed their resolve to "take-off" towards the further strengthening and expansion of the company's business. VTI had established a good position as a MEMS sensor supplier in Automotive, Medical and Industrial market. As a Murata Group, we can combine our experiences and knowledge, technologies and products, and, customers and production capabilities. "First, from my heart and also on behalf of Mr. Murata – our president -, I would like to welcome you to Murata. " Murata's Vice President of Accounting and Corporate Planning, Toru Inoue said, "Hand in hand as Murata group, contributing to the society through the MEMS technology, let's pursue 'To Create Values To Customers' ".

At the event, Japanese food and sake were also on offer, enabling participating employees to become more familiar with both Japanese culture and Murata's culture.

Corporate Overview of VTI Technologies

Company name: VTI Technologies Oy
Location: Myllynkivenkuja 6, FI-01621 Vantaa, Finland
Year of establishment: 1991
Representative: Markku Hirvonen (President & CEO)
Capital: 547,000 euro (as of December 31, 2010)
Annual Sales: 76 million euro (for the fiscal year ended December 31, 2010)
Business description: Research, development, manufacture and sales of electronic devices based on 3D MEMS (Micro Electro Mechanical Systems) technology
Number of employees: 600 (as of December 31, 2010)
Accounting closing date: December 31
Main business locations: Vantaa (Finland) , Frankfurt (Germany) , Pasadena (U.S.A.) , Beijing (China) , Tokyo (Japan)
Shareholder composition: Murata Electronics Europe B.V. 100%

Related news release

January 31, 2012 Murata closed the purchase of VTI Technologies
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