New NEC Display Solutions of America Poised for Growth and Improved Service to Customers, NEC Executives Say

Business Wire, April 2, 2007

New Company of NEC's Visual Systems Division and NEC Display Solutions of America Becomes Official Today

CHICAGO -- Executives of NEC Corporation said today that the merger of its Visual Systems Division and NEC Display Solutions of America, a wholly owned subsidiary of NEC Display Solutions, Ltd., fulfills a strong desire by customers and positions the new company for unprecedented growth. The integration brings the North American projector, plasma display and LCD monitor businesses into one company called NEC Display Solutions of America.

"The new organization will benefit from the combined management resources and technology assets to improve development, manufacturing and sales of NEC's visual display equipment business," said TJ Trojan, President and COO at NEC Display Solutions of America. "Our customers have been asking for this combination, which makes a lot of sense from a strategic perspective. A stronger, more streamlined structure will ensure faster response to diversified market needs and provide our customers with premium visual display products and solutions."

NEC is also anticipating accelerated growth on a global basis from today's merger.

"Our strong network of resellers and solution providers will enable us to take the leadership position in the display industry worldwide," said Pierre Richer, Executive Vice President, NEC Display Solutions of America. "As we increase the ease and efficiency of doing business with NEC, our channel partners will have more opportunities to increase their revenue and profitability."

About NEC Display Solutions of America, Inc.

Headquartered in Itasca, Ill., NEC Display Solutions of America, Inc., is a leading provider of innovative LCD displays, professional grade plasmas and projectors, and integrated display solutions. NEC Display Solutions develops leading-edge visual technology and customer-focused solutions for the consumer, enterprise, professional, medical and digital signage markets. For more information, please call 1-866-NEC-MORE, or visit www.necdisplay.com.

About NEC Corporation

NEC Corporation (NASDAQ: NIPNY) is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of its diverse and global base of customers. NEC delivers tailored solutions in the key fields of computer, networking and electronic devices, by integrating its technical strengths in IT and Networks, and by providing advanced semiconductor solutions through NEC Electronics Corporation. The NEC Group employs more than 150,000 people worldwide.

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