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TDK-Lambda Americas Appoints New Director of Sales and Marketing

NEPTUNE, N.J. (December 2002) - TDK-Lambda Americas Inc. Announces the appointment of Ray Owen as Director of Sales and Marketing.

Ray brings extensive global managerial and sales experience with OEM's and end users, particularly in the USA, Europe and Asia.

Ray has a Bachelor Degree in Physics. He started his career in the United Kingdom as Design Engineer in analytical instruments, such as mass spectrometers.

He then moved to various Sales Management positions with Helix Technology Corporation, a major supplier of the semiconductor industry, running the Northern Europe operation before moving to the USA where he was in charge of the Global Customer Support Division.

General Manager Pascal Chausson commented "I am confident that Ray will take a leading role in the future growth of TDK-Lambda Americas."

TDK-Lambda Americas, Inc. head quartered in Neptune, NJ is a world leader in standard power supply solutions such as AC-to-DC power supplies, converters and accessories. Lambda's products are found throughout the world, powering high-tech telecommunications, data communications, computing/electronics, office and industrial systems. Lambda is a unit of TDK Corporation (NYSE:TDK) a leading global electronics company.

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