New Hampshire Firm Position Imaging to Partner with Hitachi-LG Data Storage

Position Imaging, Inc. has entered into a landmark partnership with
global technology firm Hitachi-LG Data Storage, Inc. (HLDS) for the
production of its revolutionary Amoeba product line of package tracking

This press release features multimedia. View the full release here:

“Our technologies and unique solutions can change the way we move goods
from hub to home. To deliver on the promise of these innovations, we
needed a strong and experienced hardware partner to manufacture our
systems. HLDS is that partner,” said Ned Hill, CEO and founder of
Position Imaging. “By providing highly accurate, real-time data at every
step of the shipping process, couriers, retailers, customers and
suppliers will experience drastically improved efficiency and delivery
service. With HLDS on board, we are excited to share these revolutionary
systems with the world.”

HLDS, a joint venture of Hitachi and LG Electronics based in Tokyo, is a
world leader in optical technology and will manufacture Position
Imaging’s innovative package tracking systems. The two companies have
been working together to complete product designs and prepare HLDS’
manufacturing facility in Malaysia for volume production.

The partnership will be formally announced by HLDS CEO Young Keun Park
and Position Imaging CEO Ned Hill on Friday, June 22 at 2 p.m. at
Position Imaging’s headquarters in Stratham, NH. Rokuichiro Michii,
Consul General of Japan in New England, will also participate in the
event along with New Hampshire elected officials.

“We are very excited to be part of such a powerful product platform,”
Park said. “Position Imaging’s technologies and product solutions have
many different applications in many different markets and we believe
this can have a direct impact on last mile delivery and logistics in
general. It’s a highly innovative technology in the industry and we’re
proud to be a part of it.”

The Amoeba™ line includes Position Imaging’s computer vision system and
the company’s radio-tracking RTLS (Real Time Location System) line.
Together, the systems work to form a single “cell,” providing complete
real time visibility of the location and movement of packages, assets,
and personnel during the entire logistics process. This unique platform
provides position data of goods from hub to home without requiring any
radio frequency IDs or special labeling on the items being tracked. For
more information, visit www.position-imaging.com.

WHAT: Hitachi-LG Data Storage – Position Imaging partnership

WHO: Hitachi-LG Data Storage CEO Young Keung Park and executive
vice-president Hiroyuki Mizukami; Position Imaging CEO Ned Hill;
Rokuichiro Michii, Consul General of Japan in New England,
Representative Debra Altschiller (D) Stratham. Representative Patrick
Abrimi (R) Stratham, Selectman Joseph Lovejoy, Stratham.

WHEN: Friday, June 22, 2018, at 2 p.m.

WHERE: Position Imaging headquarters, 22 Marin Way, Unit 1,
Stratham, N.H.

About Position Imaging

Position Imaging is a technology company focused on innovations to
improve the logistics industry. The company opened its research lab in
Portsmouth, NH in 2006 and has been quietly creating the most advanced,
accurate and novel tracking technologies in the world. Its first
product, Smart Package Room, has been a huge success in the multi-unit
residential market and is now being adapted to retail to improve BOPIS
and related eCommerce fulfillment operations.

About Hitachi-LG Data-Storage, Inc.

Hitachi-LG Data Storage, a global solution provider specializing in
optical technology, was founded in 2000 as a joint venture of Hitachi,
Ltd. and LG Electronics Inc. and is based on Tokyo, Japan. The company
also specializes in designing, development, manufacturing and promoting
optical solution products such as sensors (2D/3D LiDAR, laser PM1.0/2.5
dust sensor), displays (AR glasses, laser-MEMS head up display for
automobile), optical disc drive and wireless charger. For more
information, visit http://www.hlds.co.kr/v2/e_index.html.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180618005095/en/