SOURCE: Fujitsu Computer Systems

October 14, 2008 08:00 ET

MEDIA ALERT: Fujitsu Demonstrates XBRL Technology and Shares Broad Industry Expertise at the 18th XBRL International Conference

Fujitsu-Hosted Panel Discussion Featuring the SEC, the National Bank of Belgium, Merrill Corporation and the Tokyo Stock Exchange Will Focus on XBRL Benefits and Best Practices; Fujitsu to Deliver Keynote on Its Internal Use of XBRL to Transform Its Financial Reporting Platform

SUNNYVALE, CA--(Marketwire - October 14, 2008) -


What:      Fujitsu will showcase its industry-leading XBRL (eXtensible
           Business Reporting Language) technology and proven expertise at
           this year's XBRL International Conference. Through a series of
           best practices sessions and technology tracks, Fujitsu will show
           participants how to get started with XBRL financial reporting
           and develop their XBRL deployments for maximum business process
           improvement.

           Fujitsu is among the founding members of the XBRL International
           Consortium and continues to drive the development of the XBRL
           specification and its adoption across the financial reporting
           ecosystem.

           The Fujitsu XBRL offerings, including Interstage(R) XWand(R),
           help companies meet their immediate financial reporting needs
           while preparing them for sustained compliance and improved
           financial process governance. Interstage XWand is in use at the
           Bank of Spain, Clarity Systems, Dynaxys, the Financial Services
           Agency in Japan, the Financial Supervisory Service in Korea,
           Merrill Corporation, TKC Corporation, the Tokyo Stock Exchange
           and United Technologies Corp. Fujitsu has also used Interstage
           XWand internally to transform its own financial reporting
           processes.

Where:     XBRL International Conference
           Ronald Reagan International Trade Center
           Washington, D.C.

When:      October 15-16, 2008

Sessions:  Day One, Wednesday, Oct. 15th

           Opening Plenary Session: How XBRL Transformed Fujitsu's Internal
           Financial Reporting Platform
           11:00-11:30 a.m., Amphitheatre
           Kazuhiko Hanaoka, corporate vice president of Fujitsu Limited,
           will describe how internal Fujitsu IT systems have used SOA, XML
           and XBRL-GL (XBRL Global Ledger) to make global operations more
           efficient in order to speed up management decisions and improve
           governance.

           XBRL US and XBRL International Press Conference on Development
           Projects and Highlights
           2:30-3:30 p.m., Meridian B
           Akira Endo, head of solution development center, and Bill King,
           executive vice president, both of Fujitsu, will participate in a
           press conference addressing XBRL US development initiatives to
           improve corporate accountability and give investors the
           information they need to make better, more informed decisions.

           Technologist Track: Financial Reporting Solutions - USGAAP,
           IFRS, COREP, EDINET
           3:00-4:30 p.m., Polaris
           Makoto Koizumi, At Large Member of the XBRL International
           Steering Committee and senior consultant at the Fujitsu Research
           Institute, will join a panel discussion designed to update
           participants on the USGAAP, IFRS, COREP, and EDINET taxonomies
           and share views on design and architectural choices.

           Technologist Track: Interoperable Taxonomy Architecture (ITA)
           Program Overview
           4:30-5:30 p.m., Polaris
           Makoto Koizumi will moderate this panel discussion on the joint
           ITA initiative of the SEC, XBRL US, IASCF, EC and JFSA.

           Vendor Showcase
           5:30-7:30 p.m., Atrium
           Fujitsu will demonstrate the basics of building XBRL reports
           with Interstage XWand and showcase unique features of its XBRL
           solution.

           Gala Dinner - Exclusively sponsored by Fujitsu
           7:30 p.m., Atrium
           The Gala Dinner event provides an opportunity for conference
           attendees to network with peers and industry experts.

           Day Two, Thursday, Oct. 16th

           Breakfast Panel Session
           7:15-8:00 a.m., Gateway
           Early adopters of Interstage XWand and industry experts will
           weigh in on the benefits of XBRL for sustained compliance and
           continuous financial governance improvement. The Fujitsu-hosted
           panel discussion will feature David Blaszkowsky, director of the
           Office of Interactive Disclosure at the SEC; Lou Rohman,
           director of XBRL operations at Merrill Corporation; Luc
           Dufresne, head of the microeconomic information department at
           the National Bank of Belgium; and Koji Yoshida, Manager of
           Information Services, Tokyo Stock Exchange.

           Best Practices Committee Update
           8:00-10:00 a.m., Meridian D-E
           As an active member of the XBRL Best Practices Committee, Makoto
           Koizumi will participate in this session on practical
           implementation approaches to XBRL.

           Attendees will learn about the growing body of information that
           XBRL International is assembling to help share practical
           implementation approaches used in successful projects. The Best
           Practices Board of XBRL International complements the
           consortium's technical specifications by providing a business
           context for the effective use of the specifications. Leaders
           from the board's work streams will report on results.

           Consumer Track: Showcase of XBRL-Enabled Analytical Tools
           2:00-3:30 p.m., Oceanic
           Jaideep Shah of Fujitsu  Computer Systems will participate on a
           panel session regarding the adoption and use of XBRL tools.

           There is an urgent need for effective and efficient tools for
           information consumers, who must be able to easily locate,
           manage, exchange and analyze financial information. This session
           will provide an overview of consumer-oriented XBRL applications
           currently available on the market for consumers of XBRL, and
           provide a forum for consumers to share their stories in this
           rapidly growing area of XBRL technologies.

           Preparer Track: Getting Started - Tools for SEC Filing
           4:30-5:30 p.m., Meridian
           Hiroaki Sakakibara of the Fujitsu Research Institute will guide
           preparers through an easy filing process with Interstage XWand.

           New software tools are coming out on the market as XBRL
           technology evolves. Preparers need to select the right set of
           tools to meet their needs. In this session, software tool
           providers will present an overview of their tools to help
           preparers better understand the available XBRL software options.

About Fujitsu Computer Systems Corporation

Headquartered in Sunnyvale, Calif., Fujitsu Computer Systems is a wholly owned subsidiary of Fujitsu Limited (TSE: 6702) committed to the design, development and delivery of advanced computer systems, application infrastructure software products, and managed services for the business enterprise. Through its TRIOLE(R) strategy, the company offers a complete line of scalable and reliable servers, storage and middleware solutions, high-performance mobile and client computers, as well as professional services. Fujitsu Computer Systems has established itself as a strategic solutions provider to the world's leading organizations by offering technology innovation, customer choice, exceptional product quality and reliability, as well as outstanding customer service. See http://us.fujitsu.com/computers for further information.

About Fujitsu

Fujitsu is a leading provider of IT-based business solutions for the global marketplace. With approximately 160,000 employees supporting customers in 70 countries, Fujitsu combines a worldwide corps of systems and services experts with highly reliable computing and communications products and advanced microelectronics to deliver added value to customers. Headquartered in Tokyo, Fujitsu Limited (TSE: 6702) reported consolidated revenues of 5.3 trillion yen (US$53 billion) for the fiscal year ended March 31, 2008. For more information, please see: www.fujitsu.com.

Fujitsu, the Fujitsu logo, Interstage, XWand and TRIOLE are trademarks or registered trademarks of Fujitsu Limited in the United States and other countries. All other trademarks and product names are the property of their respective owners.

Contact Information

  • Press Contact:

    Karen Richardson
    Fujitsu Computer Systems Corporation
    Email Contact
    408-746-3300

    Brigit Valencia
    Eastwick Communications
    Email Contact
    650-480-4019