Crossbow, Sumitomo partner on new company

Mar. 22, 2005 — Crossbow Technology Inc., a supplier of end-to-end wireless sensor networks, announced that it will establish a subsidiary in Japan. The subsidiary, to be named Crossbow Japan Ltd. (Crossbow Kabushiki Kaisha), is a joint partnership with Sumitomo Precision Products Co., Ltd.

The subsidiary, to be established by April 2005, will be based in Sumitomo Precision Products’ complex in Amagasaki, Hyogo, Japan. Crossbow will retain majority interest, with Sumitomo holding a minority interest.

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