Fujitsu Consolidates North American IT Divisions

Fujitsu Group announces it will establish a new company, Fujitsu North America Holding Inc. to strengthen Fujitsu's solutions business base in North America. This new company brings together Fujitsu Consulting, Fujitsu Computer Systems Corporation, and Fujitsu Transaction Solutions under one unified corporate structure and is scheduled to be established on October 1, 2008.

The move is designed to generate greater synergies among the three companies by consolidating their IT strengths under one structure. This will enable the organization to respond to client needs with integrated suites of IT services and solutions from Fujitsu. Bringing together the application services of Fujitsu Consulting, the system platforms of Fujitsu Computer Systems and the retailing solutions of Fujitsu Transaction Solutions will foster greater collaboration, integrate the Fujitsu Group's strengths in IT services and system platforms, and enable a unified approach in providing clients with a broad portfolio of products and services.

Fujitsu has appointed Farhat Ali as its new president and CEO of the new company. In this capacity, he will lead the business synergy effort of the new operation while continuing with his current responsibilities as president of Fujitsu Computer Systems.
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