Business Services Industry

NEC Solutions America and Procom Form Strategic Alliance to Deliver Specialized IT Solutions to Financial Services Firms

Business Wire, August 16, 2004

RANCHO CORDOVA, Calif. -- Delivery of Integrated Solutions to Empower Financial Services Industry in Canada

NEC Solutions (America), Inc., (NECSAM) a premier provider of integrated solutions for the Connected Enterprise in North America, today announced it has formed a strategic alliance with Procom (Professional Computer Consultants Group Ltd.) to expand and enhance the delivery of efficient, secure and high-quality financial services solutions in Canada. Under the terms of the agreement the two companies will work together to deliver front- and back-office solutions to the Canadian market.

This new relationship will enhance the offerings of both companies as Procom manages existing business consulting relationships in Canada while NEC Solution America's Financial Services Division (FSD) is dedicated to serving the needs of the financial services market in North America.

"Both NEC and Procom are dedicated to making business processes more efficient and cost-effective for the benefit of the financial services industry," said Mark Huppert, vice president, Financial Services Division of NEC Solutions America. "We are excited to bring our world-class specialized solutions to a Canadian market that is already realizing the benefits of Procom's IT professional services."

NECSAM is helping financial services firms optimize their IT investments by aligning IT with core business processes and strategic goals. In focusing on creating the Connected Enterprise for financial services firms, FSD delivers solutions in a number of areas:

--Portals

--Content Management

--Business Intelligence

--Technical Architecture and Web Services

--Disaster Recovery Solutions

--IT Portfolio Management

"NEC is synonymous with the delivery of best-of-class enterprise solutions," said Mark Galloway, senior account executive of Procom. "Our strategic alliance with NECSAM underscores both companies' continued commitment to deliver complete and comprehensive IT solutions to the financial services industry."

About Procom

Procom (Professional Computer Consultants Group Ltd.) is a privately owned Canadian company established in 1978 to provide Information Technology (IT) Professional Services to clients in both the Public and Private Sectors. With more than 1800 Technical Resources on staff, Procom generates revenues in excess of $180 million annually. Procom provides end-to-end IT services and solutions to clients worldwide utilizing a highly individualized business model that combines its on-site and off-site operations. Procom, together with strategic alliances, has operations spanning 34 locations in 15 countries across 4 continents -- covering over 80% of the world IT market. Currently, it serves global markets through offices in North America, Asia Pacific, Europe and Japan. Within Canada, Procom is ranked as the 7th largest IT Professional Services firm.

About NEC Solutions (America), Inc.

NEC Solutions (America), Inc. is a premier provider of integrated solutions for the Connected Enterprise in North America. As an affiliate of NEC Corporation (Nasdaq:NIPNY) (FTSE:6701q.1), NEC Solutions America taps into a global resource network to help clients leverage technology to achieve a competitive edge. From mobile enterprise computing systems, biometric security solutions, business intelligence, projector and plasma display solutions, business services management and IT professional services, the expertise is delivered with the personal attention needed to address individual situations. With headquarters in Rancho Cordova, California, NEC Solutions America maintains research, marketing, sales and support facilities throughout the United States. Information regarding NEC Solutions America can be found at www.necsam.com.