[Brief translation]
Xenesys Inc. (head office: Akashi, Hyogo, president: Mr. Kiminao Satomi), a university-launched business venture, is to construct ocean thermal energy conversion research facilities in Imari-shi, Saga Prefecture. Xenesys Inc. is to begin operation from November 2008. Saga Prefecture and Imari-shi are to conclude an agreement with Xenesys Inc. in March 2006. Saga Prefecture plans to support the project with subsidies based on such items as the amount of Xenesys's investment and employment.