Hitachi
NYSE : HIT

November 01, 2005 09:00 ET

Hitachi Global Solutions Center Established in India by Hitachi, Ltd.

DALLAS--(CCNMatthews - Nov 1, 2005) -

Hitachi Consulting, Hitachi Information Systems, and other Hitachi Solutions Providers to Leverage Off-Shore Development and Sourcing Capabilities

Hitachi Ltd. (NYSE:HIT) today announced the formation the Hitachi Global Solutions Center (GSC) in India to begin operations on November 1st. Kazuo Furukawa, Executive Vice President and head of Hitachi's Information & Telecommunication Systems Group, announced the opening of the Hitachi GSC, formed in alliance with Intelligroup (US:ITIG) and Satyam Computer Services (NYSE:SAY). The Center will serve as a backbone for Hitachi group companies' global development and sourcing capability, helping to provide its customers with high quality, cost effective IT solutions.

"The move to globalization is driving the need for a seamless global solution capability spanning systems development through operations," said Furukawa. "Hitachi's establishment of the Hitachi GSC in India leverages our partners' technical skills, English language capability, and experience in multinational projects. This is in the spirit of the recent India-Japan ICT Forum, established between the governments of Japan and India to promote more trade in the IT sector."

Hitachi has steadily built its global solutions business over the past 5 years. In 2000, Hitachi established U.S.-based Hitachi Consulting, which has grown to become a leading business and IT consultancy. Also in 2002, Hitachi established Hitachi Information Systems (Shanghai) in China to provide system development services for the China-based operations of Japanese companies.

Now, the Hitachi GSC will serve as the foundation for Hitachi's global solutions business, especially global outsourcing services. The Center provides IT systems development, maintenance, and support for enterprise applications, supporting a blended offshore/onsite staffing model. The Hitachi GSC begins operations with 200 people, initially supporting Japanese and U.S.-based global companies, with plans to grow its capacity to at least 1000 people in the next two years.

"Hitachi Consulting has used a team approach that combines both on-site and off-shore to help our clients quickly realize a return on their IT investments for a number of years," said Michael Travis, President and COO of Hitachi Consulting. "The Hitachi GSC now gives us the scale to address the broader solutions needs of our large, global clients."

About Hitachi Consulting

As Hitachi, Ltd.'s (NYSE:HIT) global consulting company, Hitachi Consulting is a recognized leader in delivering proven business and IT solutions to Global 2000 companies across many industries. We leverage decades of business process, vertical industry, and leading-edge technology experience to understand each company's unique business needs. From business strategy development through application deployment, our consultants are committed to helping clients quickly realize measurable business value and achieve sustainable ROI.

Hitachi Consulting's client base includes nearly 30 percent of the Fortune 100 as well as many leading mid-market companies. We offer a client-focused, collaborative approach and transfer knowledge throughout each engagement. For more information, call 877-664-0010 or visit www.hitachiconsulting.com.

Hitachi Consulting -- Inspiring your next success!®

About Hitachi

Hitachi, Ltd., (NYSE:HIT), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 347,000 employees worldwide. Fiscal 2004 (ended March 31, 2005) consolidated sales totaled 9,027.0 billion yen ($84.4 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services.

For more information on Hitachi, please visit the company's Website at http://www.hitachi.com.

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