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Abia Named Olympus Imaging President

Center Valley, Pa., — Olympus named Nacho Abia the new president

Olympus Imaging America

, effective
April 1.

He is responsible for leading and expanding all business
activities related to the performance of the company’s consumer electronics
product line, including digital cameras, professional and consumer
interchangeable lens imaging systems and related underwater products and
accessories, digital and microcassette recorders, digital media and binoculars
in the United States, Canada, Mexico, the Caribbean, and Central and South

Abia reports directly to Shuichi Takayama, president of Olympus
Imaging in Japan.

Abia comes to the U.S. position from Olympus Europe, where he 11
years of success creating and managing new businesses and product lines, the
company said.

Mark Gumz, Olympus Corp. of the Americas president and CEO, who
previously oversaw Olympus Imaging America, will take on additional
responsibilities as executive managing officer of Olympus Corp. in Tokyo and as
a member of the Global Management Office representing the Americas.

Abia began his career with Olympus in 2001 as the managing
director and CEO of Olympus Espana with responsibility for all Olympus
businesses in Spain and Portugal. He was credited with guiding the successful
integration of Olympus Spain and Olympus Portugal. He was promoted to managing
director of the Consumer Products Division for Olympus Europa Holdings in 2008.

Prior to joining Olympus, Abia was the South European marketing
manager at Sony Europe’s Digital Imaging Division.

“Through this expanded role, and together with the leadership
team and Olympus employees, I look forward to contributing to the success of
the company by building on its core strengths to develop innovative products
for consumers,” said Abia.

Abia holds a masters degree in telecommunications from the
Universidad Politecnica de Cataluyna (Barcelona, Spain). He also holds a masters
in business administration from Barcelona Business Administration School.

In addition to his corporate position, he also serves as a board
member for Olympus Imaging of Japan and is chairman of the board for Olympus
Espana S.A.