Tsudakoma Establishes Shanghai Subsidiary

Japan-based Tsudakoma Corp. has established Tsudakoma (Shanghai) Co. Ltd. to provide parts, sales
and technical service to its customers in China. Heading up the organization are President Osamu
Miyamoto and General Manager Takeshi Okunami.

According to the company, parts for both air-jet and water-jet looms, as well as preparatory
machinery, will be available on short notice. Twenty engineers are employed in the technical
service area to respond quickly to customer inquiries and problems.

January 2004