Business Services Industry

Hoya Announces Postponement of Commencement of Tender Offer

JCN Newswires, June 11, 2007

Tokyo, Japan, June 11, 2007 - (JCN Newswire) - Although Hoya Corp and Pentax Corp entered into an agreement as of May 31, 2007 to effect their management integration, Hoya hereby announces that the commencement of the tender offer originally scheduled for the beginning of this June will be delayed until the middle of June or thereafter as Hoya is consulting the relevant regulatory agencies again in order to finalize the terms of the tender offer. The date of the commencement of the tender offer will be announced as soon as it is finalized.

About Hoya Corporation

Since its establishment in 1941 as Japan's first specialty manufacturer of optical glass, Hoya (TSE: 7741) has diversified into new business areas harnessing the potential of advanced optics technologies. The company has continued to grow as a global enterprise through the expansion of its business activities building on two distinct foundations. In the field of Information Technology, Hoya offers indispensible products used in the manufacture of such items as semiconductors, LCD panels, digital cameras and HDDs. In the field of Eye Care, Hoya handles eyeglass lenses and contact lenses, everyday products that everyone is familiar with. For more information, please visit www.hoya.co.jp.

About Pentax Corp

PENTAX Corporation (TSE: 7750) is an innovative leader in the production of digital cameras, lenses, sport optics, mobility products, laser printers, scanners, Internet cameras and medical imaging devices. For more than 80 years, PENTAX's industry-leading technologies and products, backed by the company's unrivaled passion for creativity, have helped to preserve precious moments in life. For more information, please visit http://www.pentax.com.

Source: Hoya Corporation

Contact:

Hoya Corporation
Mr. Naoji Ito
Manager of Corporate Communications
Telephone:  81-3-3952-1160

Pentax Corporation
Mr. Jiro Okamura
IR & Public Relations Manager
Telephone:  81-3-3960-2698

Japan Corporate News Network. All rights reserved.

COPYRIGHT 2007 Japan Corporate News Network K.K.
COPYRIGHT 2008 Gale, Cengage Learning

 

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