NEC Establishes New Structure to Strengthen System Integration/Software Business and R&D for Accelerated Execution of Growth Strategy

JCN Newswires, March 22, 2007

Tokyo, Japan, Mar 22, 2007 - (JCN Newswire) - Effective April 1, 2007, NEC Corporation (TSE: 6701) will establish a new organization structure to strengthen its system integration and software business and research and development capabilities toward accelerated execution of its growth strategy.

Outline of organization changes

1. Strengthening of system integration and software business

To strengthen its system integration and software business, NEC is merging the NES Solutions Group Business Unit and NE Software Development Group Business Unit to form a Systems Integration and Software Development Group Business Unit. The new business unit covers 12 software-related consolidated subsidiaries, including NEC Soft, Ltd., NEC System Technologies, Ltd., and NEC Communication Systems, Ltd. With a total of 17,000 system engineers and software development technicians, the new unit will promote growth of system integration/services and software development businesses in the area of IT/networks, and embedded solutions businesses, including the area of semiconductors, through agile allocation of resources realized by integrated business operation.

2. Strengthening of research and development capabilities

NEC will merge its Solutions Development Laboratories, which cultivates new business in the area of IT/network solutions, into its Central Research Laboratories, which develops advanced fundamental technologies. The structural change is aimed at accelerated creation of technological innovation vital to the rapid progress of current businesses and the creation of future business of the NEC Group. Through a unified structure, NEC expects to further strengthen the research and development capabilities of IT/network solutions and devices, from fundamental research to new business creation.

NEC will drive its research and development in line with the individual attributes of the three groups that form the new Central Research Laboratories. They are:

- Solution Platforms Research Group: research and development of service platforms, the foundation of solutions construction, and common platforms

- IT/NW System Platforms Research Group: research and development of IT/network system platforms, hardware packaging, and intellectual property core technologies that are the foundation of IT and network system platforms and semiconductor devices

- Materials and Process Research Group: research and development of new function/new concept devices and device process technologies

For details of the new organization structure, effective April 1, 2007, please visit http://www.nec.co.jp/press/en/0703/2204-01.html .

About NEC Corporation

NEC Corporation (TSE: 6701; 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 electron 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. For additional information, please visit the NEC home page at: http://www.nec.com or the Newsroom: http://www.nec.co.jp/press/en/

Source: NEC Corporation

Contact:

Diane Foley
NEC Corporation
d-foley@ax.jp.nec.com
 81-3-3798-6511

Copyright [c] 2007 JCN Newswire. All rights reserved. A division of Japan Corporate News Network K.K.