December 11, 2023
Mitsubishi Electric Corporation
TXOne Networks Inc.

Mitsubishi Electric and TXOne Networks to Cooperatein Mutual Expansion of OT Security Businesses

Overview of collaboration

Mitsubishi Electric Corporation and TXOne Networks Inc. announced today that they have signed a longterm cooperation agreement covering technology development and marketing, aiming at expanding theoperational-technology (OT) security businesses of both companies.
OT and industrial control systems in manufacturing sites are often operated in closed environments, with IT
and OT systems separated from each other. However, the emergence of the Internet of Things (IoT) anddigital transformation (DX) is enabling convergence between these two domains. As a result, cyberattacks
targeting manufacturing sites in industries such as semiconductors and automobiles have increased, leading
to production disruptions and highlighting the growing need for more robust security measures in factories.
Through their new collaboration, the two companies aim to create innovative new value in OT security by
combining Mitsubishi Electric's assessment, maintenance and operation services as well as control equipment
and systems with TXOne's OT security products. The new OT security solutions are expected to improve
manufacturing productivity, efficiency and safety as well as security levels throughout the supply chains ofvarious industries.
Mitsubishi Electric offers comprehensive OT security solutions to protect manufacturing sites fromcyberattacks. The company has cultivated extensive experience in IT security technology for the financialindustry and other sectors, and has developed in-depth knowledge of control equipment and systems,
especially for manufacturing, which it provides through a full range of services, from assessment andconsulting to countermeasures and operational support.
TXOne provides OT security solutions that enable manufacturers to comply with security guidelines, suchas the semiconductor sector's SEMI E187* specification. The company's OT-native network segmentationand defense technologies enable customers to mitigate the impact of cyberattacks. Based on a principle of'OT Zero Trust,' TXOne adapts to the unique characteristics of each OT environment to deliver cybersecurity
solutions that support secure production operations.
"We look forward to creating new value in OT security by combining OT technology and expertise formanufacturing, infrastructure and building automation with security technology for information systems,"*Cyber security specifications for fab equipment established by the semiconductor manufacturers association SEMI

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said Kunihiko Kaga, Mitsubishi Electric's Representative Executive Officer and Industry and Mobility
Business Area Owner. With the continued evolution of DX and the increasing sophistication and complexityof cyberattacks, OT security measures must extend from the information communication layer to the control
communication layer and deeper into the network layer. We are confident that our synergy with TXOne's OTnetwork segmentation and defense technologies will enable us to contribute to greater safety and security in
OT environments and the world beyond.""As cyber threats continue to evolve, TXOne remains committed to fortifying the industrial landscape withpioneering OT security solutions," said Dr. Terence Liu, CEO of TXOne Networks. "The collaboration
between Mitsubishi Electric and TXOne Networks creates a unique value with our deep-rooted expertise inboth IT and OT, forming comprehensive and holistic security services to safeguard manufacturing assets
against the ever-evolving cyber risks at once. Our mutual dedication empowers industries to thrive securely
in this digital age."
Overview of Mitsubishi Electric
Location
2-7-3, Marunouchi, Chiyoda-ku, Tokyo
Establishment January 15, 1921
Development, manufacture, sales, and service of products such as infrastructure,
Businessindustry mobility, life, and business platform
URL
https://www.MitsubishiElectric.co.jp
Overview of TXOne Networks Inc.
Location
No. 1, Songgao Rd, Xinyi District, Taipei City, 110
Establishment June 20, 2019
Pioneering the development and delivery of a range of cybersecurity solutions dedicatedBusinessto ensuring the reliability and safety of industrial control systems and OT environments.
URL
https://www.txone.com

Contacts
Customer Inquiries
OT Security Business Development Dept.
Industry & Mobility Business Area
Mitsubishi Electric Corporation
https://www.MitsubishiElectric.com/fa/support/
TXOne Networks Inc.
TXOneJapanMarketing@txone.com
Media Contacts
Public Relations Division
Mitsubishi Electric Corporation
prd.gnews@nk.MitsubishiElectric.co.jp
TXOne Networks Inc.
Lynette Lee
lynette_lee@txone.com

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