Hitachi-Omron Terminal Solutions, Corp. has changed its name toHitachi Channel Solutions, Corp.
Shaping a sustainable future by connecting the physical and digital world, along withpeople and society through technology and trust.
Tokyo, July 1, 2021 --- Hitachi Channel Solutions, Corp. is pleased to announce thatits trade name was changed from Hitachi-Omron Terminal Solutions, Corp. with effectfrom 1st July, 2021.
The company was established in October 2004 by integrating the ATM and otherinformation equipment businesses of Hitachi, Ltd. and Omron Corporation. From thepast sixteen and a half years, the company has been helping customers solve issues
and improve social infrastructure. On 31st March, 2021, the capital structure of thecompany changed, and it became a wholly owned subsidiary of Hitachi, Ltd. *1 Thischange heralds a new beginning for the business with a new management vision.
New trade name and management vision(1) New trade name
Hitachi Channel Solutions, Corp.
(2) Origins of the new trade nameAs a terminal solution vendor, the company has been providing solutions andservices that lead to higher efficiency and added value at contact points withcustomers, including banking branch systems, ATMs, and counter terminals fortransportation and public institutions.
"Channel," which also means "pathway" and "route," is widely used in the area offinance and distribution. The company name, Hitachi Channel Solutions, meansthat the company solves the various issues faced by customers by providing datacentric solutions that create high value, via "channels" as the entrances, exits androutes through which data passes.
In recent years, the company operates new businesses, including one that provides
domestic financial solutions compatible with touchless and remote channels, as wellas an overseas business that enables switching between various financial channels,
remote transactions, and others using the software infrastructure of its subsidiary in
Sri Lanka. Further, in the healthcare, security and construction industries, thecompany has begun to provide solutions that help improve efficiency and services
by using information obtained via channels from terminals used by customers androbots operating on site as contact points.

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Moving forward, the company will address more complex, advanced customer
issues by strengthening the connection with the Hitachi Group to apply digitaltechnologies and expertise, including AI and analytics from Lumada*2.
（3） New vision
Shaping a sustainable future by connecting the real and the digital, people andsociety with technology and trust.
We are a global innovation partner; always close to our customers, looking ahead,and rising to the challenges.
[Explanation]
Hitachi Channel Solutions, Corp. aspires to be a company that creates innovation
for seamlessly connecting people and delivering solutions that realize a safe, secure,and comfortable society through the real and the digital and based on thetechnologies and trust that it has cultivated to date. Thus continuing to realize afuture that depicts its ideal vision.
Furthermore, in the business landscape and living environments, which are evolving
rapidly due to the current diversification and digitalization, the company will work
closely with customers and take on challenges aggressively to solve social issues
and create value, thereby contributing to realizing a sustainable community. This iswhere the company intends to go through its business activities and this is what the
new management vision means.

Hitachi Channel Solutions, Corp. will create new value through collaborative creation
with customers by continuing to develop the technologies it has cultivated to date, whilebuilding customer trust and applying digital technologies. The company will seek toexpand its digital business in the existing areas of finance, distribution, transportation,and public services with its "scale of digital" approach and will aggressively expand its
business into new areas, such as healthcare and construction, with its "scale by digital"
approach, aiming to achieve further growth.
*1 A joint new release with Hitachi, Ltd. issued on March 30, 2021
https://www.hitachi-ch.com/news/202103-002.html*2 A collective term for solutions, services and technologies based on Hitachi's advanced digital technologies for creating value
from customers' data and accelerating digital innovation

About Hitachi Channel Solutions
Hitachi Channel Solutions, headquartered in Tokyo, Japan, is a member of the HitachiGroup and a leading vendor of cash recycling ATMs in the world. Besides providing
systems and terminals, Hitachi Channel Solutions provides a variety of services andsolutions addressing real user needs. The company supports a secure, safe, andcomfortable society through our prominent technologies and innovative solutions.

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For more information about Hitachi Channel Solutions, please visit:https://www.hitachi-ch.com/
For inquiries regarding this matter, please visit:https://www8.hitachi.co.jp/inquiry/hitachi-ch/general/en/form.jsp###-more-