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*** For immediate use December 21, 2009
Tokyo, December 21, 2009 - NEC Corporation (NEC) today announced the December 22, 2009 establishment of NEC CASIO Mobile Communications, Ltd., in preparation for the scheduled integration of the business functions of NEC's Mobile Terminal Operations Unit and Casio Hitachi Mobile Communications Co., Ltd. (CHMC) in April 2010. Furthermore, Koji Yamasaki (current associate senior vice president, Mobile Terminals Operations Unit, NEC) will become president of the new company.
About the Business Integration
| December 2009: | Establishment of a 100% NEC subsidiary |
| April 2010: | NEC's mobile handset business is absorbed by the new subsidiary company |
| Same day: | Procedures begin for the new subsidiary company, as the integration's surviving company, to absorb the business functions of CHMC |
Koji Yamasaki shall remain president of the new subsidiary company following the absorption and dissolution of CHMC.
About NEC Corporation
NEC Corporation is one of the world's leading providers of Internet, broadband network and enterprise business solutions dedicated to meeting the specialized needs of a diversified 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 140,000 people worldwide. For additional information, please visit the NEC website at: http://www.nec.com.
NEC is a registered trademark of NEC Corporation. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners. (C)2009 NEC Corporation.
***
Kosuke Yamauchi
NEC Corporation
+81-3-3798-6511
E-Mail：k-yamauchi@ce.jp.nec.com
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