Fujitsu Targets Customer Satisfaction with Streamlined NA Operations

7/31/2003 - Fujitsu, a premier provider of customer-focused information technology and communications solutions, announced plans to streamline its North America operations to better focus on customers needs, while continuing to deliver cutting-edge technological innovation and uncompromising product quality.

Leveraging the financial strength, solution breadth, and global reach of its parent Fujitsu Limited, Fujitsu IT Holdings, Inc. will offer a full line of consulting services, software solutions and hardware platforms to customers in North America. Spearheading the integration will be Mr. Kazuto Kojima, who will assume the position of chief executive officer on July 31, 2003, and Mr. Toshio Morohoshi, who was named chief operating officer on July 14, 2003. Fujitsu IT Holdings, Inc. is the corporate parent of several operating subsidiaries, including Fujitsu Consulting, Fujitsu Software Corporation, Fujitsu Software Technology Corporation (Softek) and Fujitsu Technology Solutions, Inc.

The move is designed to leverage Fujitsu solutions to address a full range of customer computing needs. "Fujitsu is a global company with global resources. It is my vision to identify complex problems our customers face every day and bring comprehensive solutions that deliver success," stated Mr. Kojima.

As part of the streamlining process, Fujitsu PC Corporation and Fujitsu Technology Solutions Inc. are scheduled to integrate on October 1, 2003, with Mr. Morohoshi leading the effort as president and CEO. Mr. Larry Fillmer, president and CEO of Fujitsu Technology Solutions Inc., will continue to lead operations of the server and managed services business during the transition period and will play a key role in defining the company's strategic direction.

The objective is to offer a broader range of product and service offerings to customers, while achieving higher productivity and efficiency. "Customers want integrated computing solutions that make them more effective and efficient; we will leverage our capabilities to deliver solutions that meet those needs," said Mr. Morohoshi.

Mr. Kojima also serves as the group chairman overseeing Fujitsu subsidiaries in North America, a post to which he was appointed on June 1, 2003. He previously was executive vice president in charge of worldwide marketing for Fujitsu Limited. He has served on the board of directors of Fujitsu IT Holdings, Inc. and its predecessor company, Amdahl Corporation, since 1993.

Mr. Morohoshi is currently CEO and president of Fujitsu PC Corporation, a leading provider of mobile computing and business critical solutions. During his tenure, Mr. Morohoshi successfully managed the merger of two North American Fujitsu subsidiaries, Fujitsu Personal Systems, Inc. and Fujitsu PC Corporation. He is a board member of Fujitsu IT Holdings, Inc. and also chairs several committees charged with consolidating Fujitsu sales and business operations within the United States.

Mr. Hiroaki Kurokawa, president and representative director of Fujitsu Limited, will be joining the board of Fujitsu IT Holdings, Inc., which continues to be chaired by Mr. John Rose, executive chairman of Fujitsu IT Holdings, Inc.

About Fujitsu
Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting technologies, highly reliable computing and telecommunications platforms, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 4.6 trillion yen (US$38 billion) for the fiscal year ended March 31, 2003. For more information, please see:

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