Hagenbuch Technology Licensed to Hitachi Construction Machinery

Agreement expands the existing license agreement to include collection of real-time data

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Peoria, IL -- LeRoy G. Hagenbuch, Chairman of Philippi-Hagenbuch, Inc., is pleased to announce that he and Hitachi Construction Machinery / the HCM Group, which includes Hitachi Truck Manufacturing company (formerly known as EUCLID-HITACHI Heavy Equipment) and Wenco International Mining Systems Ltd. ("WENCO"), have expanded their existing license agreement to include collection of real-time data.

The original license agreement from January 2000, between LeRoy G. Hagenbuch and EUCLID-HITACHI Heavy Equipment, encompasses various vehicle management systems patents.

Under the agreement, LeRoy G. Hagenbuch grants HCM a nonexclusive license in the United States and Canada to utilize the technology represented by these patents to produce HCM products covered by these patents.

About Philippi-Hagenbuch, Inc.

Established in 1969, Philippi-Hagenbuch, Inc. (PHIL) is a premier supplier of custom off-highway haulage solutions, with equipment in more than 30 countries around the world. For over 42 years, PHIL has been known for its innovative design and construction methods, attention to detail and total commitment to customers needs. For more information about Philippi-Hagenbuch, Inc. or licensing opportunities for this product, visit http://www.philsystems.com.

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