For Immediate Use July 3, 2006 Contact: Lourdes Wojtecki NEC Corporation of America Phone: 631-753-7045 Email: Lourdes.Wojtecki@necam.com NEC CORPORATION OF AMERICA BEGINS OPERATIONS AS A NEWLY INTEGRATED COMPANY Greater Synergies Produced Across IT and Network Solution Offerings IRVING, Texas, July 3, 2006 ­ NEC Corporation of America, a leading technology provider of IT, network and visual display solutions, today marks its first official day of operations in the North American marketplace. With headquarters located in Irving, and more than $1 billion in revenue, NEC Corporation of America is positioned to gain an even stronger foothold among enterprise, carrier and SMB customers by delivering the industries' most robust and innovative product, service and solution suites. NEC Corporation of America will offer one of the broadest and richest portfolios of technology and professional services ranging from server and storage solutions, IP voice and data solutions, digital presentation and visual display systems to biometric identification, optical network and radio communications solutions. "NEC Corporation of America is a company poised for solid growth, fueled by the talent of hundreds of skilled employees, as well as value-added partners, dealers, and resellers," said Tadao Kondo, president and CEO. "But even more important are the added benefits now available to our customers through this strategic integration. I am proud to lead this new company, and am confident of our success." NEC Corporation of America was established from the combined resources and assets of NEC USA, Inc., NEC America, Inc. and NEC Solutions (America), Inc. The company's newly elected officers include: 1 Tadao Kondo - President and CEO Jun Yoshida ­ Executive Vice President Charles Langdon- Senior Vice President Larry Sheffield ­ Senior Vice President Masaaki Nakajima ­ Senior Vice President Pierre Richer ­ Senior Vice President Koichi Nakayama ­ Senior Vice President Soichiro Matsuyama ­ Senior Vice President, CFO and Treasurer Jason Whitehair ­ Senior Vice President Gerald Kenney ­ Senior Vice President, General Counsel, Secretary Darrell Kennemer ­ Vice President and Corporate Compliance Officer Peter DiCorti ­ Assistant Treasurer Deon Retemeyer ­ Assistant Secretary Jeremy Kashian ­ Assistant Secretary The strategic timing of NEC Corporation of America's integration comes in parallel to the rapid expansion of IT, Internet services and next generation networks, which have fueled the growing convergence of IT and communications in North America and internationally. "We will optimize our technology and solutions portfolio to generate new growth opportunities, particularly in key vertical markets," stated Jun Yoshida, executive vice president. "We are eager to explore and develop new product and service offerings, including high-powered, high speed multi-service networks, integrated IT platform systems and converged voice and data solutions." Direct subsidiaries of NEC Corporation of America include: NEC Unified Solutions; Niteo Partners; NEC Laboratories America; NEC FiberOptech; NEC Financial Services; and NEC Capital. About NEC Corporation of America NEC Corporation of America is a leading technology provider of IT, network and visual display solutions. Headquartered in Irving, Texas, NEC Corporation of America is the North America subsidiary of NEC Corporation (NASDAQ: NIPNY). NEC Corporation of America delivers technology and professional services ranging from server and storage solutions, digital presentation and visual display systems to biometric identification, IP voice and data solutions, optical network and microwave radio communications. NEC Corporation of America serves carrier, SMB and large enterprise clients across multiple vertical industries. For more information, please visit www.necam.com. © 2006 NEC is a registered trademark of NEC Corporation. All Rights Reserved. ### 2 ...