INDUSTRY

Fujitsu Network Communications Inc., a leading supplier of IT and wireline/wireless networking solutions, announced today that Mr. Satoshi Ikeuchi has been appointed president and chief executive officer. In this role he will oversee all product planning, product development, sales, marketing, manufacturing and customer support organizations at the company’s headquarters in Richardson, Texas. He succeeds Mr. Takanobu Yoden, who has retired from Fujitsu. “One of my primary objectives is to leverage the combined strengths of our IT, telecommunications and consulting practices to aggressively expand North American business for Fujitsu,” said Mr. Tetsuo Urano, corporate senior vice president and head of North American operations. “Fujitsu Network Communications is in a strong financial position and a leader in the telecommunications industry, which makes this division a critical component in our expansion plans. I am confident that under the leadership of Mr. Ikeuchi, Fujitsu Network Communications will be able to continue to drive innovation within the North American telecommunications market and produce extremely positive results for Fujitsu.” “Mr. Ikeuchi brings to Fujitsu Network Communications 31 years of telecommunications industry experience in engineering, business planning and operations,” said Dr. Terumi Chikama, corporate senior vice president of the Fujitsu Photonic Systems Group. “This powerful combination of business savvy and technical expertise will be instrumental in leading Fujitsu Network Communications to continued success as the company expands their product portfolio and enters new markets.” Mr. Satoshi Ikeuchi President and Chief Executive Officer Mr. Ikeuchi’s career in telecommunications began in 1975 where he was hired as an engineer in coaxial and optical transmission product development at Fujitsu. From 1987 through 1995, Mr. Ikeuchi took management positions with increasing responsibility in the Transmission Group at Fujitsu, and from 1995 to 2001, he served as senior director, vice president and eventually senior vice president of Engineering for Fujitsu Network Communications. In 2004, Mr. Ikeuchi was promoted to senior vice president of the Photonics Systems Group where he was responsible for the company’s telecommunications business overseas. This leadership role led to extensive involvement in the business operations of Fujitsu Network Communications. During the past several years, Mr. Ikeuchi’s business planning and operations expertise has supported the expansion of Fujitsu into several new markets including cable/MSOs, wireless, enterprise, federal government and utilities through direct sales and an expanded channel partner program. Mr. Ikeuchi holds a bachelor of science degree in electronics engineering from Tokyo Institute of Technology University.