Notice of Acquisition of Si-Cal, Inc. by Nissha USA, Inc.

February 7, 2014

Nissha Printing Co.,Ltd.

Nissha USA, Inc., (hereinafter referred to as “Nissha USA”), a wholly-owned subsidiary of Nissha Printing Co., Ltd. (hereinafter referred to as “Nissha”), has made an investment to form Si-Cal Technologies, Inc. (hereinafter referred to as “Si-Cal Technologies”) jointly, gaining two-third of its shares of stock and acquired Si-Cal, Inc. (hereinafter referred to as “Si-Cal”) through Si-Cal Technologies to aim at the expansion of transfer foil business in North and Central America and entry into the area of sensor films for medical care. Jaye Tyler, the owner and CEO of Si-Cal, has jointly invested in Si-Cal Technologies, holding its remaining shares of stock.

Aims of the establishment of the joint venture company

The joint venture company will aim to fuse the technologies that Nissha has cultivated in gravure printing-based transfer foils and IMD foils with Si-Cal’s silk-screen printing based transfer foils to expand business operations in cosmetics and other consumer goods in the North and Central America region and enter into the area of sensor films for medical care.

Overview of Si-Cal Technologies

Name Si-Cal Technologies, Inc.
Address 11 Walkup Drive Westborough, MA 01581, U.S.A.
Date of establishment Feb 1, 2014
Name of representative Jaye Tyler, President and CEO
Capital USD 30,000 (Nissha USA: 67%, Jaye Tyler: 33%)
Description of business Transfer foils for household goods, cosmetics, automobiles, electronics and medical products.
Functional printing for the medical, healthcare and automobile areas.
- The content of the web is information at press time, may change thereafter without notice. Due to risks and uncertainties, predictions may differ from actual results. Please be forewarned.
- "Nissha" is a generic name of Nissha Co., Ltd. and "Nissha Group" is a Nissha Co., Ltd. and its group companies.

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