FOR MEDIA INQUIRIES ONLY CONTACT:
Rachel Max/Jennifer Lilly
FOR IMMEDIATE RELEASE
CASIO CELEBRATES THE SALE OF ONE BILLION CALCULATORS
Company Continues to Make Strides in Mathematics Technology
DOVER, NJ, JANUARY 8, 2007 – Casio, Inc. and its parent company Casio Computer Co. Ltd., announced today that one billion electronic Casio calculators have been sold worldwide. The company's first electronic calculator – the 001, went on sale in 1965, and the company just passed the one billion mark at the end of December.
"We are excited to announce the sale of the billionth Casio calculator as it is a sign of the confidence consumers around the world place in Casio products and I would like to express my sincere appreciation for this support," said Kazuo Kashio, President and CEO of Casio Computer Co., Ltd. "Using the technology and experience we gained through calculator development, Casio has grown beyond calculators into new markets for watches, electronic dictionaries, digital cameras and mobile phones. We continue to create original products and provide technology that adds to people's daily lives and hope the next billion calculators are received as enthusiastically as the first billion."
The achievement of selling one billion calculators is evidence of the trust that consumers around the world place on Casio products. In the course of reaching this milestone, Casio contributed to
the development of the electronics industry by creating great demand for LSI chips, a key component of electronic calculators, as well as to education in mathematics through the development of scientific calculators. Casio calculators are now used in countries worldwide.
Casio Computer Co., Ltd., was established in 1957 with the successful development of the world's first fully electric compact relay calculator, the Casio 14-A, which used electric relays in place of the mechanical gears which were the norm at the time.
In the fifty years since, Casio has remained at the forefront of calculator development. Building on the technology developed to create the 14-A, Casio launched the 001 in 1965. The 14-A was the world's first electronic calculator with a memory function. In 1972, the company created the world's first personal calculator, the Casio Mini. Subsequently, Casio launched the first scientific calculator to incorporate a graphing function, in 1985.
Casio has been persistent in developing new calculators to help make mathematics easier for people across the globe. 1972's Casio Mini made calculators affordable and accessible to individual consumers for the first time, and the scientific calculator, another Casio first, is now an indispensable tool in classrooms all over the world. People in more than 120 countries now use Casio calculators. The great demand for LSI chips for use in calculators was driven by Casio and has also spurred the development of higher density LSIs contributing greatly to the overall development of the semiconductor and electronics industries.
Casio's 14-A relay calculator is on display at the National Science Museum in Japan, as a key product in the history of the development of the calculator. A 0.8-mm card calculator, the SL-800, has been preserved at the Museum of Modern Art in New York as an item possessing both a superior design and practicality that should be passed on to future generations. An example of the fx-7000G, an early handheld graphing calculator, is held in the collections of the Smithsonian's National Museum of American History in the United States.
Casio, Inc., Dover, N.J., is the U.S. subsidiary of Casio Computer Co., Ltd., Tokyo, Japan, one of the world's leading manufacturers of consumer electronics and business equipments solutions, established in 1957. Casio, Inc. markets calculators, keyboards, digital cameras, mobile presentation devices, disc title and label printers, watches, cash registers and other consumer electronic products. Casio has strived to realize its corporate creed of "creativity and contribution" through the introduction of innovative and imaginative products. For more information, visit www.casiousa.com.