Hitachi Consulting's Dove Consulting Division Adds Steve White to Expand Payment Solutions Consulting Capability

Business Wire, Sept 27, 2006

Senior Leader, Mr. White Brings Strong Payment Credentials to Dove Consulting

DALLAS -- Hitachi Consulting, the consulting company of Hitachi, Ltd. (NYSE:HIT), announced today that Steve White has joined its Dove Consulting division as director, consulting services with a focus on further expanding its Payment Strategy expertise and offerings. Mr. White, a 30-year veteran of the Financial Services industry, most recently held the position of CEO of Collective Dynamics. "Steve has had a career-long focus on financial services with particular expertise on payments," said David Dove, managing vice president of the Dove Consulting division. "His addition to our team provides significant fuel for growth."

Mr. White has been a financial industry and payment system innovator. His engagements have focused on cost savings, technology, operations, partnerships, and customer loyalty. "Most banks don't really understand what drives value from a customer perspective. They might have surveys showing that 98 percent of their customers are satisfied, yet their attrition rate is in double digits. We have done the research to help these companies thoroughly understand these issues," said Mr. White.

Mr. White is a frequent speaker, author, and educator, and serves on the faculty of the Pennsylvania Bankers Association School of Banking at Bucknell University.

Hitachi Consulting counts among its financial services clients the top card and merchant processors in the world and eight of the top ten banks in the U.S. "Adding strong leaders to our financial services industry practice is critical to our growth, especially as we expand into Europe and Asia," said Michael Travis, president and CEO of Hitachi Consulting. "We welcome the experience and deep understanding of the payments business that Steve brings to our team and more importantly to our clients."

About Dove Consulting

Dove Consulting specializes in strategy and organization consulting and has performed work for eight of the top U.S. banks, and for major payment networks, broadband companies, consumer goods companies and government entities. Dove's value proposition Co deep expertise for immediate value, sincere collaboration with our clients, and the delivery of clear results Co has enabled the firm to deliver high value to leading companies and their executive teams all over the world. For more information, call 617-482-2100 or visit www.doveconsulting.com

About Hitachi Consulting

As Hitachi, Ltd.'s (NYSE:HIT) global consulting company, with operations in the U.S., Europe and Asia, Hitachi Consulting is a recognized leader in delivering proven business and IT solutions to Global 2000 companies across many industries. We leverage decades of business process, vertical industry, and leading-edge technology experience to understand each company's unique business needs. From business strategy development through application deployment, our consultants are committed to helping clients quickly realize measurable business value and achieve sustainable ROI.

Hitachi Consulting's client base includes nearly 35 percent of the Fortune 100 and 25 percent of the Global 100 as well as many leading mid-market companies. We offer a client-focused, collaborative approach and transfer knowledge throughout each engagement. For more information, call 1.877.664.0010 or visit www.hitachiconsulting.com.

Hitachi Consulting -- Inspiring your next success! ([R])

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE:HIT)(TOKYO:6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 356,000 employees worldwide. Fiscal 2005 (ended March 31, 2006) consolidated sales totaled 9,464 billion yen ($80.9 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.