Fujitsu and Infinity merger a good fit

Fujitsu and Infinity merger a good fit for the New Zealand market

Wellington, 28th September, 2007 - Fujitsu New Zealand Limited and Infinity Solutions Limited today announced a merger of equals, building a stronger resource base and an improved ability to service customers. The deal is subject to Infinity Group shareholder approval, with a proposed transaction completion date of 16 October 2007.

~This acquisition will enable us to effectively compete in today~s increasingly competitive, global marketplace, as Infinity Solutions~ full end-to-end capabilities, strong private sector customer base, and extensive footprint of office locations across the country, perfectly complement Fujitsu~s existing business in New Zealand,~ said Rod Vawdrey, CEO, Fujitsu Australia and New Zealand.

~Our combined scale, industry knowledge and capabilities across consulting, application services and infrastructure is a solid platform for growth, providing a compelling, customer-focused alternative in a competitive market.~

Stuart Robb, CEO, Infinity Solutions, commented: ~The merger with Fujitsu will significantly enhance the scope of what we can currently provide our customers today.

~Being part of the world~s third largest IT services company is not only a tremendous opportunity for our company but is great for our employees and their professional growth.~

Stuart Robb, who announced his resignation in August to join the New Zealand Rugby Union, will remain with the company until November to ensure a seamless transition of Infinity Solutions~ clients. The new management structure of the combined organisation will be designed to take full advantage of skills from both organisations, and will be announced pending finalisation of the structure of the combined organisation.

About Fujitsu Australia and New Zealand

Fujitsu is a full service provider of information technology and communications solutions. Throughout Australia and New Zealand we partner with our customers to consult, design, build, operate and support business solutions. From strategic consulting to application and infrastructure solutions and services, Fujitsu has earned a reputation as the single supplier of choice for leading corporate and government organisations. Fujitsu New Zealand Limited is a wholly owned subsidiary of Fujitsu Limited of Japan. Visit nz.fujitsu.com for further information.

About Fujitsu Limited

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting device technologies, highly reliable computing and communications products, and a worldwide corps of systems and services experts uniquely position Fujitsu to deliver comprehensive solutions that open up infinite possibilities for its customers' success. Headquartered in Tokyo, Fujitsu Limited (TSE:6702) reported consolidated revenues of 5.1 trillion yen (US$43.2 billion) for the fiscal year ended March 31, 2007.
For more information, please see: www.fujitsu.com

About Infinity Solutions

Infinity Solutions is one of the largest New Zealand owned IT & consulting businesses with offices nationwide. Through partnerships with world leading suppliers of software, hardware and peripherals and our own team of specialists we provide a full range of business solutions. These solutions encompass IT infrastructure and hardware, software products and services, IT operations and support, and business consulting.

For more information visit: www.infinitysolutions.co.nz.

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