Underwrites Convertible Preferred Shares

Development Bank of Japan Inc. (“DBJ”, President: Minoru Murofushi) has underwritten $1.5 million in preferred shares in Global Equipment Services and Manufacturing Inc. (“GES”, President: Don Tran), a California-based global provider of engineering services in the fields of semiconductors, liquid crystals, photovoltaic cells and health care. GES is to use the funds to build plant and equipment in Vietnam as the firm expands its operations.

Employing large numbers of talented engineers from Vietnam, GES uses sophisticated equipment for the manufacture of products ranging from semiconductors and liquid crystals to photovoltaic cells. It offers outsourcing services and also assigns engineers to client firms on a temporary basis, providing manufacturers with solutions which enable them to enjoy lower costs while developing their business worldwide.

Though a young firm, established in July 2006, GES already numbers many of the world’s top semiconductor makers among its clients. It is building a training center for engineers in Ho Chi Minh City, Vietnam, to nurture the new talent it expects to need for future growth.

DBJ’s participation in this project grew out of its anticipation of such growth, coupled with its belief that an investment in GES convertible preferred shares will boost that firm’s financial standing and benefit Japanese companies as well.

DBJ endeavors to support our clients’ business activities globally, under the corporate philosophy of “Applying financial expertise to design the future: applying creative financing to resolve clients’ issues as we work to earn the trust of our clients and help them achieve their future prosperity”.