Press release for immediate publication:

Muratec strengthens its presence in India

Meiban Engineering Technologies inaugurates its first tech centre in Bangalore Bangalore, June 22, 2011: Muratec, a Japan based company started in 1935, offers better cost performance system solutions, is strengthening its presence in India through its associate company Meiban Engineering Technologies. With the inauguration of the latest tech center in Bangalore, Muratec is eyeing a larger share of the Indian market for turn key projects for manufacturing automobile and sheet metal components. The tech center has been inaugurated by Mr.Yosuke Murata, Executive Vice-President, Murata, Japan, is situated in JC Industrial Estate, Kanakapura Road over 9000 sq ft. The tech centre acts as a demo center and will help Meiban in providing better quality sale support. Currently Muratec s Sales turn over is slightly above Rs 30 crores in India and with the additional set up, aims to achieve Rs.125 crores in 4 years time. Takahiro Yamada, Senior Manager of Muratec Machinery Limited, Japan said, India has always been a key strategic market for us. We see a great potential for our products in India. We would like grow four times the present share in sheet metal machines and three times in metal cutting machines in 5 years. We strive to achieve these targets by working closely with Meiban Engineering Technologies Pvt Ltd. A.V.Srinivasan, CEO of Meiban Engineering Technologies Pvt.ltd said, We are glad to be part of Muratec and with the addition of tech centre in Bangalore, we hope to achieve better heights. This initiative will help all our customers and make it

easy to buy the product, as the customers can get a firsthand experience with the demonstration of the machines, besides training and service maintenance. Meiban Engineering supplies and services sheet metal machines which include the latest CNC AC Servo Turret Punch presses of various capacities. The company is also equipped to supply latest advanced Punch press tools from Japan. In the metal cutting division, the company serves with high end automated twin spindle chuckers for manufacturing automotive components, hydraulic components and bearing components. Meiban Engg also supplies Rivetting machines and Key seaters from Muratec for the automotive industry. As a supplier of industrial goods, Muratec strive to ensure that the products we develop to meet customer requirements also satisfy international quality appraisals. Murtac as a corporation is applying an international quality assurance system. For instance, the all Murata Machinery Divisions obtained ISO9001 certification for all processes, from development to manufacture and customer services.Through awareness and dedication to quality in the context of an integrated quality assurance system, enables us to offer customers products they can use with peace of mind. About Muratec: Established in the year 1935, Muratec certainly is one of the foremost manufacturing companies in Japan. Constantly creating products to meet todays needs and developing products to exceed tomorrows expectation Muratec has come a long way since its inception. It is a Global leader in providing factory and office automated material handling systems to various vertical. It continues to be a major player in the area of multimedia worlds by enhancing semiconductors and FPD

products.

In the machine tool division, Muratec has always been a pioneer in

introducing new technologies. Muratec introduced the worlds first AC Servo Punch Press. Muratec manufactures and supplies high end automated gantry loader twin spindle turning machines. Muratec machines are characterized by their excellent technological properties and the use of computer control. More than 10,000 Muratec machines are running all over the world. About Meiban Engineering: Meiban Engineering Technologies Pvt Ltd. an associate company of M/s. Murata Machinery Ltd., Japan, and a leading manufacturer of CNC machines with high end technology. Started in 2005 by A.V. Srinivasan along with Muratec, Meiban Engineering has been in existence for 6 years and has achieved a consistent growth and received accolades from customers, which includes a best supplier award from a multi-national company. Mumbai. Meiban Engineering Technologies Pvt Ltd is based in Bangalore, with Sales and Service office in Chennai and a Sales representative in All our sales & Service engineers are factory trained to support the Consists of a 20 member customer with technical and application information.

strong team and still growing. This includes 7 factory trained engineers for pre-sales application and after sales service support along with specialists exclusively to support CAD/CAM for sheet metal application.

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