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Employment

Fujitsu Has New CEO

RICHARDSON, Texas -- Fujitsu Network Communications Inc., a leading supplier of IT and wireline/wireless networking solutions, announced today that Mr. Satoshi Ikeuchi has been appointed president and chief executive officer. In this role he will oversee all product planning, product development, sales, marketing, manufacturing and customer support organizations at the company’s headquarters in Richardson, Texas. He succeeds Mr. Takanobu Yoden, who has retired from Fujitsu.

“One of my primary objectives is to leverage the combined strengths of our IT, telecommunications and consulting practices to aggressively expand North American business for Fujitsu,” said Mr. Tetsuo Urano, corporate senior vice president and head of North American operations. “Fujitsu Network Communications is in a strong financial position and a leader in the telecommunications industry, which makes this division a critical component in our expansion plans. I am confident that under the leadership of Mr. Ikeuchi, Fujitsu Network Communications will be able to continue to drive innovation within the North American telecommunications market and produce extremely positive results for Fujitsu.”

“Mr. Ikeuchi brings to Fujitsu Network Communications 31 years of telecommunications industry experience in engineering, business planning and operations,” said Dr. Terumi Chikama, corporate senior vice president of the Fujitsu Photonic Systems Group. “This powerful combination of business savvy and technical expertise will be instrumental in leading Fujitsu Network Communications to continued success as the company expands their product portfolio and enters new markets.”

Fujitsu Network Communications Inc.

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