Fujitsu Limited SAGEM SA

Tokyo/Paris, February 20, 2002 -- Fujitsu Limited and SAGEM today announced that they have reached and signed an agreement on February 19 to jointly develop basic technologies for third-generation (3G) mobile phones.

The agreement between Fujitsu and SAGEM will allow the two companies to share their know-how for the development of basic technologies that will be the cornerstone of dual-mode (*1) smart phone (*2) development. More specifically, joint development will focus on technologies for a new communication platform that enables dual-mode capability and an application platform necessary to run various multimedia functions.

Fujitsu will engage in application platform development in Japan, while SAGEM will focus on the development of a communications platform in France. The two partners will also share research resources, including the exchange of research talent. This collaboration will enable the firms to achieve results more quickly and efficiently. Fujitsu and SAGEM plan to introduce new technologies for 3G handsets by the latter half of 2003. Furthermore, both companies intend to jointly conduct interoperability testing for international roaming, which is expected to be necessary for 3G handsets in Europe and Japan.

Gregoire Olivier, SAGEM's CEO commented: "The mobile phone business is moving towards more services to the end user, with applications based on various platforms. Combining SAGEM's expertise in the field of mobile telecommunications with Fujitsu's expertise in applications will allow us to dramatically speed up the introduction of new and attractive products to our customers."

"Wireless handsets will become ubiquitous in the future, evolving from phones to information appliances," said Akikazu Yajima, Group President of Fujitsu's Mobile Phones Group. "I'm confident that bringing the R&D resources of our two companies together for joint development will result in synergies that facilitate the development of basic technologies for new generation high-end handsets and the accumulation of international roaming service know-how."

[Terminology]

*1: Dual-mode

Capable of handling GSM, GPRS and UMTS communication standards.

*2: Smart phone

A handset with multimedia data processing power in addition to regular voice telephony.

** All company/product names mentioned may be trademarks or registered trademarks of their respective holders and are used for identification purpose only.

[About SAGEM]
Groupe SAGEM is an internationally-based high-technology group. The second largest French group in the field of telecommunications and the third largest European company in electronics for defence and security, SAGEM maintains a presence in more than 20 countries. For more information on the company, please visit the SAGEM web site:www.sagem.com

[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] Takehiro Hayashi, Scott Ikeda Fujitsu Limited, Public Relations Tel: +81-3-3215-5259 (Tokyo) Fax: +81-3-3216-9365 Press Inquiries Herve Philippe SAGEM SA Chief Financial Officer Tel: +33 1 40 70 62 57 Fax: +33 1 40 70 62 15 E-mail: herve.philippe@sagem.com

[Customer Contact] Kaori Matsushita Fujitsu Limited, Mobile Phone Group Tel: +81-44-754-3351 Fax: +81-44-754-3366 E-mail: mkaori@jp.fujitsu.com

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