Article: Hitachi and Mitsubishi Heavy Industries to Share Basic Nuclear Technologies.

Business Editors/High-Tech Writers

TOKYO--(BUSINESS WIRE)--Feb. 20, 2002

Hitachi, Ltd. (NYSE:HIT)(TSE:6501) and Mitsubishi Heavy Industries, Ltd. (TSE:7011) today announced an agreement to collaborate regarding basic subordinate nuclear technologies, such as common technologies for boiling water reactors (BWRs) and pressurized water reactors (PWRs). The agreement calls for the two companies to initiate collaboration in the area of existing engineering technologies for piping and auxiliary components, production, construction and maintenance services that are common to Hitachi's BWRs and Mitsubishi's PWRs, as well in the area of innovative reactor ...

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