NEC Establishes NEC Corporation of Korea

*** For immediate use June 20, 2012

Tokyo, June 20, 2012 - NEC Corporation (NEC; TSE: 6701) announced today the establishment of NEC Corporation of Korea (NEC Korea) as part of strengthening its regional information and communications technology (ICT) business. The new company is scheduled to begin operations in July 2012.

NEC established representative offices in Seoul in the early 1960s that have since served as a base for business development in fields that include communications systems, broadcast systems, social infrastructure and others. Today, Korea's IT and network environments are among the world's most advanced, and as broadband and wireless connectivity continues to expand, service businesses such as cloud, big data and M2M services are also expected to rapidly develop.

These changing conditions have lead NEC to reinforce its regional organization by shifting focus from its existing hardware-centered business to an emphasis on solutions and services that capitalize on NEC's IT and network strengths. More specifically, NEC aims to propose, build and provide enterprise systems that leverage its advanced biometric technologies, including fingerprint and face recognition services, as well as public safety solutions, carrier network solutions, cloud and M2M services.

About NEC Corporation of Korea
	Company Name:	NEC Corporation of Korea
	Location:	Seoul, South Korea
	Established:	June 13, 2012
	Start of Operations:	July 1, 2012
	Representative:	Eiji Obana, President
	Capital:	1 billion won (approximately 70 million yen) NEC: 100%
	Employees:	15