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Adds New Multifunctional IP phones to its lineup

IPstage EX300
September 21, 2005 -- Oki Electric Industry Co., Ltd. (TSE: 6703) today announced the launch of its latest IP-PBX model "IPstage® EX300," for mid and small sized offices. With this release, Oki adds a new multifunctional IP phone to its lineup, which includes Oki's original "eSound" (excellent sound) technology. Shipment of this new IP-PBX starts on October 31 to the Japanese Market.
"As IP networks penetrate into the office environment, demands to link them with various applications and be SIP-compliant have been increasing. This IPstage EX300 is the answer to such needs, responding to the changes we, as the market leader, recognize," said Masashi Tsuboi, President of IP Systems Company at Oki Electric. "Not only can users experience the enhanced service functions of the IP-PBX, but they can also enjoy easy-to-use IP phone with excellent sound quality and advanced functions."

IP multifunctional telephone, the MKT-IP-30DKW
IPstage EX300 is a successor to IPstage EX100 launched in September 2002. The newly added IP multifunctional telephone, the MKT-IP-30DKW, has Oki's high sound quality "e-sound" technology built-in. The phone is compliant with IEEE802.3af and enables users to set up to 30 functional keys. The phone also includes address book and call record functions. In addition, SIP terminals, such as Com@WILL® Softphone and N900iL the FOMA® mobile phone and wireless LAN handset, can be connected to the system. Combing the new phones with Oki's wireless LAN access point, MWINS™ BR2100 Series, users can establish a mobile centrex system at a low cost.
Users can also include Oki's IP-compliant PHS (Personal Handyphone System) cell station in the system, which eliminates the need to install telephone systems at each location, and can establish a low cost mobile environment by controlling the PHS handsets at satellite offices via IP networks.
In addition to expanding these functions, Oki has adjusted the hardware framework of IPstage EX300 enabling a high cost-performance system with smaller size and improved capacity efficiency.
Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarters in Tokyo, Japan. With the corporate vision, "Oki, Network Solutions for a Global Society," Oki provides top-quality products, technologies and solutions to its customers through its info-telecom system business, semiconductor business and printer business. All three businesses functions as a collective force to create exciting new products and technologies that satisfy a spectrum of customer needs in various markets. Visit Oki's global web site at http://www.oki.com/.
Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.