OKi Wins Software Product of the Year 2007 Grand Prix for its Face Image Processing Middleware, FSE

Recognized for impacting industry with its use in various areas

Tokyo, Japan, October 31, 2007 - Oki Electric Industry Co., Ltd. (TSE: 6703) today announced that on October 30th it was awarded the Grand Prix in the Software Product of the Year 2007 for its face image processing middleware, FSE (Face Sensing Engine(TM)), by the Information-technology Promotion Agency, Japan (IPA).

"We are honored to be awarded the Grand Prix for our FSE middleware in the Software Product of the Year 2007," said Harushige Sugimoto, Senior Vice President and Chief Technology Officer at Oki Electric Industry. "This award validates our efforts in developing and providing a product that contributes to convenient and enjoyable Ubiquitous Services. Going forward, we will continue to propose new FSE-based solutions to various markets."

OKI's FSE is a middleware that enables high-speed process of detecting, tracking and identifying faces. It provides a world's top level processing performance, adjusts to various photographing environment, and adopts to 100K pixel low resolution cameras. OKI's FSE has been provided to various applications including mobile phones, digital cameras, game consoles and ASP services. The FSE was recognized the Grand Prix for its track record, impact on the industry and development of new applications in the face image processing market.

Software Product of the Year is an award system established in 1989, created to accelerate expansion and enrichment of the software market, enhance the provisioning of high quality software, and increase software development motivation. This year, out of 75 products, OKI's FSE was selected as, eight award candidates, and ultimately won the Grand Prix.

For more information on OKI's FSE, please go to:http://face-sensing-engine.com/

OKI's presentation at the awarding ceremony

About Oki Electric Industry Co., Ltd.

Founded in 1881, Oki Electric Industry Co., Ltd. is Japan's first telecommunications manufacturer, with its headquarters in Tokyo, Japan. 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 function 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/.

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