TOKYO, September 7 /PRNewswire/ --

HI CORPORATION (Headquarters: Meguro-Ku, Tokyo; President and CEO: Kazuo
Kawabata hereinafter "HI"; Jasdaq: 3846) announced today that the company has
executed a license and collaborative sales agreement with Renesas Solutions
Corp. (Headquarters: Chiyoda-Ku Tokyo; President: Kazuo Minorikawa
hereinafter "Renesas Solutions"), a wholly owned subsidiary of Renesas
Technology Corp. (Headquarters: Chiyoda-Ku, Tokyo; Chairman & CEO: Satoru
Ito, hereinafter "Renesas Technology") for its 3D rendering engines
"MascotCapsule Series" including "Mascot Capsule" and "MascotCapsule nano"
(hereinafter "MascotCapsule").

As a solution, HI is providing the license of MascotCapsule for the
Renesas Technology CPUs and Renesas Solutions is offering distribution and
technical support for the CPUs with MascotCapsule. This solution is available
from the same distribution suppliers as Renesas Technology products.

Under this agreement, HI will enable the customer to provide
MascotCapsule for a wide variety of products, including not only
mass-marketed products but high-mix low-volume products for which embedding
has been difficult before, and Renesas Technology will enable the
reinforcement of product differentiation by enhancing value-added CPUs.

"We are enhancing our alliance with third parties for middleware," said
Kazuo Minorikawa, president of Renesas Solutions Corp. "As a part of this
license agreement, we have developed three demonstration systems using
MascotCapsule, and have introduced them at various exhibitions. Thanks to the
popularity of the demo machines, many inquiries have been received. With this
alliance, we will be confident in our ability to provide the new solutions
that our customers will enjoy."

"We are extremely pleased to execute this license agreement with Renesas
Solutions," said Kazuo Kawabata, President & CEO of HI CORPORATION. "In
various embedded devices in recent years, a 'User Friendly (User Experience)'
user interface for the growing complex functionality under the CPU and memory
resource restriction has been highly demanding. We believe that this solution
will meet the needs and will greatly expand the capability of the embedded
user interface.

In addition, by supporting the YUV system (1) that is the mainstream
color system for home appliances, we expect that the use of MascotCapsule for
home appliances will be greatly accelerated."

HI expects the potential of this solution will be its expanded use in a
wide range of products, such as digital cameras, video camcorders, car audio
systems, navigation systems, POP terminals, and touch-screen terminals used
in restaurants. HI will continue its efforts to deploy a strong distribution
business in Japan and abroad in cooperation with the Renesas group in the
future.

YUV system (1)

YUV is the color system that consists of color components by luminance
(Y), color difference signals of blue minus luminance (U), and color
difference signals of red minus luminance (V). The system is often used for
television and video displays and the color conversion process is necessary
for reproducing a RGB color space.

Since MascotCapsule has been used to support the RGB format only, the
RGB-YUV conversion process by a CPU is necessary in order to display images
onto the YUV system screen.

About Renesas Solutions
    Please visit http://www.rso.renesas.com/english/english.html .

    About HI CORPORATION
    Please visit http://www.hicorp.co.jp .
    
    Contact:

     HI CORPORATION
     Marketing Division: Pam Hung, Mitsutaka Monma
     Tel:   +81-3-3710-9376
     Email: press@hicorp.co.jp
     Address: Meguro Higashiyama Bldg. 5th Floor, 1-4-4 Higashiyama,
              Meguro-ku, Tokyo, Japan 153-0043

Web site: http://www.hicorp.co.jp/english/index.html