Furukawa to Appoint Two New Corporate Vice Presidents

            Furukawa to Appoint Two New Corporate Vice Presidents

PR Newswire

TOKYO, March 18, 2013

TOKYO, March 18, 2013 /PRNewswire/ --Furukawa Electric Co., Ltd. (FEC)
announces the appointment of two new Corporate Vice Presidents. Dr. Timothy
Murray, CEO of OFS Fitel, LLC (OFS), and Mr. Foad Shaikhzadeh, President of
Furukawa Industrial S.A. Produtos Eletricos (FISA) will join FEC's global
management board effective April 1^st.

"The appointment of Dr. Murray and Mr. Foad Shaikhzadeh is a milestone in
FEC's continuing effort to be a global company," said Mr. Mitsuyoshi Shibata,
President of FEC. "We will use the knowledge of our American and Brazilian
Corporate Vice Presidents to further strengthen Furukawa's globalization of
sales, manufacturing and branding as we expand in growing markets around the

In their new roles Dr. Murray and Mr. Shaikhzadeh, will propose specific plans
for Furukawa's global development from a broad perspective, propose specific
plans for expansion and exchange views with other officers on leveraging all
the capabilities of FEC to serve customers globally, particularly in
infrastructure related markets. They will continue to lead their respective

Dr. Murray is CEO and Chairman of OFS, an advisor to FISA, and member of the
board of SuperPower Inc., an FEC subsidiary that is a leader in development
and manufacturing of high temperature superconducting materials. A 30 year
veteran in advanced materials based industries, Dr. Murray, has spent the past
13 years at OFS and its predecessor Lucent Technologies. Before being
appointed CEO and his prior assignment as COO, Dr. Murray headed the Specialty
Photonics business of OFS.

Mr. Foad Shaikhzadeh is President of Furukawa Industrial S.A. Produtos
Eletricos and a board member for OFS. Mr. Shaikhzadeh has spent most of his
career with FISA. Successively accepting new responsibilities he has lead
FISA since 2001 to its current leading position in Mercosur and other Latin
America countries in serving telecommunications and data communications

About Furukawa Electric Company, Ltd.

Furukawa Electric Co. Ltd. (www.furukawa.co.jp/english) is an $11 billion
global leader in the design, manufacture and supply of fiber optic products,
network products, electronics components, power cables, nonferrous metals, and
other advanced technology products. Headquartered in Tokyo, Japan, Furukawa
operates production facilities on five continents around the globe, including
OFS and the OFS, Specialty Photonics Division, in the USA.

About OFS

OFS is a world-leading designer, manufacturer and provider of optical fiber,
optical fiber cable, connectivity, FTTX and specialty photonics solutions.
Our marketing, sales, manufacturing and research teams provide
forward-looking, innovative products and solutions in areas including
Telecommunications, Medicine, Industrial Automation, Sensing, Government,
Aerospace and Defense applications. We provide reliable, cost effective
optical solutions to enable our customers to meet the needs of today's and
tomorrow's digital and energy consumers and businesses.

OFS' corporate lineage dates back to 1876 and includes technology powerhouses
such as AT&T and Lucent Technologies. Today, OFS is owned by Furukawa
Electric, a multi-billion dollar global leader in optical communications.

Headquartered in Norcross (near Atlanta) Georgia, U.S., OFS is a global
provider with facilities in China, Denmark, Germany, Russia, and the United

For more information, please visit www.ofsoptics.com.

About FISA

FISA leads the South American market in designing, developing, manufacturing
and selling optical cable, solutions for information distribution and optical
fiber networks. The company has been expanding its business via bases in
Brazil (Sao Paulo, Curitiba, Prana) and Argentina (Buenos Aires) for 39 years
from its establishment. FISA is currently the Company's wholly-owned

SOURCE Furukawa Electric Co., Ltd.

Website: http://www.furukawa.co.jp/english
Contact: Furukawa PR Contact: Kimura Toshinori, Investor & Public Relations
Unit, Furukawa Electric Co., LTD, kimura.toshinori@furukawa.co.jp, Phone:
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