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Marcelo Kuramoto Promoted to Managing Director of SHIB

October 28, 2013

The global headquarters for Sumitomo's Power Transmission and Control group, Sumitomo Heavy Industries, Ltd. (SHI), headquartered in Tokyo, Japan, and the Americas headquarters, Sumitomo Machinery Corporation of America (SMA), headquartered in Chesapeake, VA, USA, are pleased to announce the promotion of Mr. Marcelo Kuramoto to the international executive management team as Managing Director of Sumitomo Industrias Pesadas do Brasil Ltda. (SHIB) effective October 22, 2013.

Sumitomo's business in Brazil is optimized to provide a high level of customer intimacy by having a designated Sales Division in the city of São Paulo, SM Cyclo Redutores do Brasil, Com. Ltda. (SMBR), which focuses solely on sales and support to the customers while serving as a direct liaison with the SHIB factory. By designating customer support and manufacturing as two business divisions, Sumitomo is able to provide direct, quick and personalized support to our customers in the Brazilian market. Mr. Kuramoto will be responsible for managing the Itu manufacturing facility (SHIB) as well as continuing to lead the Brazil sales and customer service teams (SMBR), unifying the management of Sumitomo Drive Technologies' two business divisions in Brazil to bring the greatest value to our customers.

A native of São Paulo, Brazil, Mr. Kuramoto's rich background, fluency in Portuguese, Spanish and English, and his education in mechanical engineering and business administration have created a solid foundation for his international career in the power transmission industry. His career in power transmission began in 1992 working for a domestic company in Brazil in customer service and application engineering. In 1996, he started his career with SMA's subsidiary SMBR as a District Sales Manager in Brazil. Mr. Kuramoto quickly became a leader in sales and was promoted to Sales Manager and then General Manager of SMBR. Expanding his success in South America, Mr. Kuramoto also held Sales Manager and General Manager positions with SMBR's sister company, SM Cyclo de Chile, Ltda.(SMCH), before rejoining SMBR again as the General Manager in 2010.

As a proven leader for Sumitomo Drive Technologies, Mr. Kuramoto's unique skills, knowledge and understanding of the power transmission industry will continue to be instrumental in Sumitomo's future growth and success in the Brazilian markets. Of his new position as Managing Director of SHIB, Mr. Kuramoto stated, "I am excited and confident in this unique opportunity to manage our two companies in Brazil, unifying the sales company and manufacturing company into an even stronger team for the future. Brazil has a large potential for growth, development and expansion, and I'm confident in the capabilities of Sumitomo's outstanding new factory to serve this dynamic and growing market. Our goals are to align Sumitomo Brazil with the market needs, strengthen our relationships with our customers, provide a great purchase experience and at the same time bring growth for both Sumitomo companies."

Mr. Ronald Smith, CEO and President of SMA, congratulated Mr. Kuramoto on his new leadership position, stating, "Brazil is one of the most rapidly-expanding gearbox markets in the western hemisphere and offers the biggest growth potential for Sumitomo. With the leadership of Mr. Kuramoto, I am confident our company will be positioned to provide the best local support to our Brazilian customers, as well as a reliable supply chain to our regional Sumitomo operations throughout the Americas. Mr. Kuramoto is someone I trust to take a lead role in serving all of the stakeholders in our business: customers, shareholders, employees and the community."

The companies that comprise the Sumitomo Drive Technologies brand are continuously improving our organization to increase our value to our customers, both internal and external. This move to unify the management of Sumitomo's two businesses in Brazil is another example of our drive to strengthen our foundation of business excellence. For additional information on the promotion of Mr. Marcelo Kuramoto to the position of General Manager of SHIB, contact marketing@suminet.com.

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