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Fujitsu Limited

Fujitsu to Dispose of PBX Business Unit in the U.S.

Tokyo, September 11, 2001--- Fujitsu Limited today announced that it plans to dispose of Fujitsu Business Communication Systems, Inc. (FBCS), its PBX business unit based in Irvine, California, as part of the restructuring plan it announced on August 20. The unit is part of Fujitsu's telecommunications business group.

Established in 1976 as Fujitsu's first manufacturing and sales subsidiary in the U.S., FBCS was the base of Fujitsu's PBX business operations in the U.S. Focusing on the PBX (F-9600 series) as its main product, over the years FBCS sold approximately 8,000 systems, primarily to government-sector and academic institutions. In recent years, however, its performance lagged, in part because of its lack of success in shifting to the Internet Protocol (IP) solutions business.

Under its new growth strategy, Fujitsu's telecommunications group is concentrating its resources on its cutting-edge products in the fields of photonics, IP and 3G mobile technologies and in strengthening its solutions business. In the U.S. market as well, Fujitsu is focusing on the fields of photonics and network solutions, primarily through Richardson, Texas-based Fujitsu Network Communications, Inc. (FNC). For these reasons, Fujitsu has decided to dispose of FBCS, and the company is now evaluating proposals to sell all or part of FBCS's business.

In Japan, Fujitsu will continue to actively pursue growth of the PBX business, including development of IP-based solutions business, in conjunction with its affiliated company, Fujitsu I-Network Systems.

[Outline of FBCS]
LocationIrvine, California
President & CEOMr. Takuhito Kojima
EstablishedApril of 1976
BusinessDevelopment, manufacture, sales, installation and maintenance of PBX systems in the U.S. market
Number of Employees  762
OwnershipA subsidiary of Fujitsu America, Inc. (wholly owned by Fujitsu Limited)
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About Fujitsu
Fujitsu is a leading provider of Internet-focused information technology solutions for the global marketplace. Its pace-setting technologies, best-in-class computing and telecommunications platforms, and worldwide corps of systems and services experts make it uniquely positioned to unleash the infinite possibilities of the Internet to help its customers succeed. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 5.48 trillion yen for the fiscal year ended March 31, 2001.
Internet: http://www.fujitsu.com/

Press contacts:
 Yuri Momomoto, Bob Pomeroy
 Fujitsu Limited, Public Relations
 Tel: +81-3-3215-5259 (Tokyo)
 Fax: +81-3-3216-9365
 E-mail: pr@fujitsu.com

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