During the Ralliart Inc., board members meeting held on January 26th, 2004, Mr. Masao Taguchi has been officially appointed President of Ralliart Inc.
Mr. Taguchi will assume his duties as of February 1, 2004.

Personal background Full name: Masao Taguchi Date of birth: November 22, 1952 Educational background: Tokyo Institute of Technology / Dept. of Engineering Experience: Joined Mitsubishi Motors Corporation in 1975. Worked with the development of engines and studied noise and vibration. Later engaged in the development of various car products. Joined Ralliart Inc in 1995 and became the board member director in June 2003. He was responsible for the planning and development of products as well as the PR/Advertising department.