NEC to Merge LCD Manufacturing Subsidiaries with NEC LCD Technologies
- New structure to enable streamlined operations, faster response to market needs -

For immediate use January 26, 2007
NEC LCD Technologies, Ltd.

*****For immediate use January 26, 2007

Tokyo, January 26, 2007 --- NEC Corporation and NEC LCD Technologies, Ltd today agreed to merge NEC Akita, Ltd and NEC Kagoshima, Ltd. with their parent company, NEC LCD Technologies, effective as of April 1, 2007.

The integration is aimed at increasing operational efficiencies and accelerating the decision making process through streamlined management of R&D, manufacturing, and sales functions, vital to enabling fast and flexible response to increasingly diverse and sophisticated customer needs in the target industrial and high-end monitor markets of NEC LCD Technologies.

NEC will continue to strengthen its technologies and management structure to maintain its leading position in the increasingly competitive LCD display market.

Company Outlines

NEC LCD Technologies
Head office: 1753,Shimonumabe,Nakahara-Ku,Kawasaki,Kanagawa 211-8666,Japan
Established: April 1, 2003
President: Kazuko Okuno
Stated capital: 2.0 billion yen
Employees: Approximately 300 (non-consolidated)
Business area: Development, design, manufacturing, sales and maintenance of color LCDs

NEC Akita,Ltd.
Head office: 3-1-1,Shimotutumi,Goshono,Akita City 010-1412,Japan
Established: June 20, 1981
President: Naoki Saito
Stated capital: 365 million yen
Employees: Approximately 500 (non-consolidated)
Business area: Manufacturing of color LCDs

NEC Kagoshima,Ltd.
Head office: 2080,Oonohara-Cho,Izumi,Kagoshima 899-0293,Japan
Established: September 4, 1969
President: Atsushi Saisho
Stated capital: 365 million yen
Employees: Approximately 400 (non-consolidated)
Business area: Manufacturing of color LCDs

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Please refer to other portions of our web-site for more current information concerning NEC LCD Technologies,Ltd and its current business activities.