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NEC System Technologies to be Listed on the First Section of the Tokyo Stock Exchange


September 12, 2003-NEC System Technologies, Ltd. (Head Office: Chuo-ku, Osaka; President: Toshihiko Takahashi) is pleased to announce that the company shares have been today listed on the first section of the Tokyo Stock Exchange.
NEC System Technologies, Ltd. was established on October 1, 2001, by consolidating NEC Software Kobe, NEC Software Okayama, NEC Software Chugoku and NEC Software Shikoku, Ltd. with NEC Software Kansai Ltd., the surviving company. Since the merger, we have expanded and enhanced our business by integrating technology and know-how for IT platform development and solution construction that each of the five companies accumulated over the years. At the same time, we set the goal of listing our shares as soon as possible and worked on enhancing our business foundation. As a result, our application was approved by the Tokyo Stock Exchange to be listed in the stock market's first section.

Taking this opportunity, all members of NEC System Technologies, including the executives, have reaffirmed our determination to strive for the advancement of our business, to fulfill our social responsibility as a listed corporation, and to respond to our customers' expectations.

   For the company overview, please see the attached.

Toshihiko Takahashi, President
(Code number: 3717 The First Section of the Tokyo Stock Exchange)

Inquiries
Hiroshi Minami, Senior Vice President


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Company Overview

Company Name: NEC System Technologies, Ltd.

Establishment:
    
April 1977   NEC Software Kansai Ltd. established.
October 2001   Change the Company name to NEC System Technologies, Ltd.

Office Locations:
    
Osaka Headquarter: 4-24, Shiromi 1-Chome, Chuo-ku, Osaka 540-8551, Japan
Tokyo Headquarter: 1753, Shimonumabe, Nakahara-ku, Kawasaki 211-8666, Japan

Corporate Executives:
    
<Member of the Board>
President: Toshihiko Takahashi *
Executive Vice President and Member of the Board: Akira Morooka *
Senior Vice President and Member of the Board: Yoshiaki Kubo *, Tatsumi Nishi *
Member of the Board: Kenji Ikehara, Koichi Ikumi
[Note]Member of the Board with "*" holds the additional post of Officer.

<Corporate Auditor>
Corporate Auditor: Atsushi Nakashima, Yasumasa Fujii, Konosuke Kashima, Seiji Shiino

<Officers>
Senior Vice President: Syunichi Shishido, Hiroshi Minami
Associate Senior Vice President:
Mikio Nishiumi, Katsuhiro Hamano, Teruo Nakamura, Tsutsumi Seike,
Yukinori Murakami, Hiroshi Oka, Takashi Koshimae, Yoshio Furukawa

Major Operations:
   
<IT Platform Software Business>
Development of software to serve as IT platforms and infrastructure construction for information systems

<System Integration Services Business>
Construction of applications for government, public and corporate systems and provision of services associated with the applications.

Capital: 6,796 Million Yen

Net Sales: 70.9 Billion Yen (Fiscal Year 2002)

[Note]There is no consolidated subsidiaries in fiscal year 2002.

Employees: 3,494 (As end of March, 2003)

Caution
This press statement is intended as a general public announcement and is not intended as a solicitation to invest in our share. When investing, please exercise your own judgment.


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