Mitsubishi Electric and Evercomm Enter into Cooperative Agreement

Mitsubishi Electric Corporation (Headquarters: Chiyoda-ku, Tokyo, President and CEO: Kei Uruma, “Mitsubishi Electric”) and EVERCOMM SINGAPORE PTE. LTD. (Headquarters: Singapore, CEO: Chen Chiu-Hao, “Evercomm”) jointly announced today that they have entered into a cooperative agreement to develop and market solutions that support carbon neutrality in the manufacturing sector. As part of the agreement, Mitsubishi Electric will take an equity stake in Evercomm to solidify the ties between the two companies.