May 24,2016
80, Oshimada-machi, Nagano-shi, 381-2287 JapanSHINKO ELECTRIC INDUSTRIES CO., LTD.
Stock exchange code: 6967

GE & SHINKO ELECTRIC INDUSTRIES to Commercialize
Advanced Electronics Packaging Solution
NISKAYUNA, NY USA & NAGANO, JAPAN – May 24, 2016 – Today, GE Ventures andSHINKO ELECTRIC INDUSTRIES CO., LTD. (SHINKO) announced that SHINKO has been
granted a patent license and technology transfer of an advanced embedded packaging solution
for power electronics called Power Overlay (POL).This patent license and technology transfer
deal, signed in early 2015, is a strategic collaboration between GE and SHINKO in bothtechnology and business development.
Developed by GE Global Research as part of a major GE focus in power electronics researchover the last decade, POL has been licensed to SHINKO to industrialize the packaging
platform to transition POL for manufacturing efforts to be utilized by GE and others. The
platform enables higher efficiency and power density with reduced parasitics, and greatly
impacting the power, telecommunications and consumer electronics industries. Power
modules designed with POL have proven to have power densities up to 50% higher andefficiency improved up to 10%.
“GE is extremely pleased to work with SHINKO on the commercialization of the POL
technology – SHINKO brings world class manufacturing process and ability to transition newtechnologies to production,” said Pat Patnode, President of Licensing for GE Ventures.
GE Ventures accelerates innovation and growth for partners by providing access to GE
technologies and inventions through licensing and joint development partnerships. Thisadvanced microelectronics packaging technology is being licensed to leading global
manufacturing partners to provide advanced solutions back to businesses worldwide and also
to GE, as part of the GE Store.
“Through SHINKO’s extensive manufacturing knowledge, we will be able to achieve value
added solutions in order to positively impact the power electronics industry,” said Masato
Tanaka, Corporate Officer, General Manager - Research and Development Div. of SHINKO.
“We look forward to these outcomes and collaborating with GE in the future.”
SHINKO is a worldwide semiconductor packaging supplier with diverse technology driven
initiatives and industry leading manufacturing capabilities. The company is currently testing
the POL packaging platform, with plans to release solutions in 2016.

About GE Ventures
GE Ventures is committed to identifying, scaling and accelerating ideas that will make theworld work better. Focused on the areas of software, advanced manufacturing, energy andhealthcare, GE Ventures helps entrepreneurs and start-ups succeed by providing access to
GE's technical expertise, capital and opportunities for commercialization through GE's global
network of business, customers and partners. GE Ventures offers an unparalleled level ofresources through its Global Research Center, including: 35,000 engineers; 5,000 researchscientists; 8,000 software professionals; as well as 40,000 sales, marketing and development
resources in over 100 countries. For more information, please visit geventures.com.

CONTACTS: SHINKO ELECTRIC INDUSTRIES CO., LTD.
Public & Investor Relations Dept.,
Corporate Communications Div.
+81 (26) 283-6450
GE CorporateKristin Schwarz+001 646 682 5601
kristin.schwarz@ge.com