Hitachi and Osaki Electric Form Global Smart Grid-related Business Alliance

  Tokyo, May 26, 2010 - (JCN Newswire) - Hitachi, Ltd. (NYSE:HIT/TSE:6501, & quot;Hitachi & quot;) and Osaki Electric Co., Ltd. (TSE:6644, & quot;Osaki Electric & quot;) today announced that they have agreed to form a cooperative alliance in the smart grid-related business, including providing solutions based on Advanced Metering Infrastructure (AMI) in the global market.  

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