Fujitsu Consulting

Servus Credit Union and Fujitsu Agree on New $10.8 Million IT Services Contract

Fujitsu Consulting to Continue Support of Mission-Critical IT Systems for another Six Years

Edmonton, AB, January 15, 2007 —  Servus Credit Union and Fujitsu Consulting announced today a new six-year contract under which Fujitsu will provide mission critical IT support to Servus Credit Union, the largest credit union in Alberta and the fourth largest in Canada. The contract has an initial value of $10.8 Million and represents an extension of a business relationship between Fujitsu and Servus Credit Union that began in 1995.

Servus Credit Union is a financial institution that is achieving rapid growth, driven by five mergers in the past three years, business alliances, and organic expansion through product and market diversification. Innovative, flexible and secure IT technology forms a crucial foundation for the superior personal service that is the signature of Servus Credit Union.

Through this agreement, Fujitsu Consulting will provide the information technology services needed to manage today’s operations – including support and management of existing technology and business applications – and to accommodate the rapid business growth and ongoing expansion. To support this growth, Fujitsu will continue to explore new information technologies that will allow Servus Credit Union to enhance its services and sharpen its market competitiveness.

“We were especially impressed with Fujitsu’s extensive service offerings and the professionalism of its team,” said Yves Auger, Chief Information Officer, Servus Credit Union. “Fujitsu Consulting is an organization that shares our commitment to the provision of superior customer service. We look forward to working with them to enhance our offerings for our members as we continue to grow.”

“We are pleased that Servus Credit Union has chosen to extend their relationship with Fujitsu Consulting as their technology partner,” said David Shearer, Executive Vice President, Fujitsu Consulting. “We are focused on providing our customers with the world-class technology solutions they need to succeed in today’s competitive economy. We look forward to helping Servus better serve their customers in the years ahead.”

---

About Fujitsu

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 about 4.8 trillion yen (US$40.6 billion) for the fiscal year ended March 31, 2006.

About Fujitsu Consulting

A trusted provider of management and technology consulting to business and government, Fujitsu Consulting is the North American consulting and services arm of the $40.6-billion Fujitsu group. Fujitsu Consulting integrates the core expertise of the Fujitsu companies and its partners to deliver complete solutions in the areas of enterprise information management, packaged application implementation, legacy systems modernization, IT governance, managed services and business process services. Through its full range of IT consulting, implementation and management services and its industry-recognized strategic approach, Macroscope®, Fujitsu Consulting enables clients to build more value into their IT investments and drive their leadership in the marketplace.

About Servus

Servus Credit Union Ltd. is Alberta’s newest and largest credit union, embracing the strength of 75 predecessor credit unions, including the first one incorporated in Alberta in 1938. Servus Credit Union is owned by 185,000 members in 27 communities spanning Alberta. The financial knowledge of approximately 900 Servus employees in 50 locations helps member-owners enjoy richer lives. Superior personal service makes member-owners feel at home and creates a comfortable banking experience for them. Servus Credit Union cares about Alberta and helps create better communities for everyone. By delivering financial services that are the best in the marketplace, Servus Credit Union has earned the right to call itself one of Canada’s 50 Best Managed Companies since 2003. For more information, call 496-2000, toll free 1-877-496-2151
For more information, please see: http://www.servuscu.ca

---

Press Contacts