Synclayer Inc. authorizes a Buyback Plan.

SYNCLAYER INC. is a Japan-based company mainly engaged in the cable system integration business. The Company operates in total integration division and equipment integration division. The total integration division is engaged in the provision of services such as business plan analysis and support services, network design and construction services, as well as system design, operation support and maintenance services. The equipment integration division is engaged in the selection and sale of cable television equipment. The main customers are cable television operators. The Company is also engaged in the building of networks within a certain area using cables, such as the design and construction of television systems for buildings and apartment buildings, as well as the building of data communication functions in large-scale convention facilities.