Fujitsu Transaction Solutions Inc.

Australia's Coles Myer and Fujitsu join forces in POS software development alliance

Sydney, May 11, 2004 — Coles Myer and Fujitsu Australia will join forces under an alliance to manage, consolidate and develop the software platform that runs the point-of-sale systems across almost 700 Coles Myer-owned stores throughout Australia.

Under the alliance Fujitsu will maintain the current point-of-sale (POS) software used in Coles stores while improving, developing and upgrading the application software to a common POS platform that has the potential to be extended into other Coles Myer formats as well as marketed by Fujitsu to retailers both in Australia and overseas.

The new software platform will be based on Fujitsu's highly successful GlobalSTORE software architecture used by hundreds of retailers worldwide.

"This is a significant step in our strategy to achieve world's best practice," said Peter Mahler, chief information officer for Coles Myer. "We want to consolidate a variety of different POS systems that we currently use into a single, functionally rich software package that has the potential to be extended into other Coles Myer brands over time. The cost benefits to Coles Myer will be enormous once we have finalized the consolidation across brands."

"Fujitsu was a natural choice for us when we looked at this direction in our store-based systems. Our current POS systems are already built on a GlobalSTORE base. Fujitsu's extensive expertise, plus an excellent cultural fit with ourselves, meant that we had a high level of confidence in trusting them with this important part of our business," said Mahler.

Dan O'Hara, executive general manager, customer services for Fujitsu Australia, said that the alliance confirmed the successful partnership between the two organizations that has developed over many years.

"Coles Myer is one of the global leaders in retail and a significant business partner for Fujitsu. Our experience as Australia's leading retail IT provider coupled with our global retail experience puts us in the best position possible to both develop and market some of the best retail software in the world."

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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 organizations. Fujitsu Australia Limited is a wholly owned subsidiary of Fujitsu Limited of Japan.
For more information, please see: au.fujitsu.com

About Fujitsu Limited

Fujitsu is a leading provider of customer-focused IT and communications solutions for the global marketplace. Pace-setting technologies, highly reliable computing and communications platforms, 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 4.7 trillion yen (US$45 billion) for the fiscal year ended March 31, 2004.
For more information, please see: http://www.fujitsu.com/

About Fujitsu Transaction Solutions Inc.

Fujitsu Transaction Solutions Inc. is a wholly owned subsidiary of Fujitsu Limited (TSE: 6702) and the IT "lifecycle solutions" provider for consumer transaction environments. The company collaborates with customers to relentlessly reduce their costs and improve their profitability. Fujitsu's offerings include multi-vendor infrastructure management services, point-of-sale hardware and software, mobile devices and self service systems including U-Scan. The company has some 1,500 employees in the U.S., Canada and the Caribbean. Example customers include Canadian Tire, ChevronTexaco, Hannaford Bros., H.EB., Loblaws, Nordstrom, Payless ShoeSource, Regal Cinema, Ross Dress for Less, Staples, Stop & Shop and The TJX Companies, among others. The company also has a 50/50 joint venture with Retalix Ltd. (NASDAQ: RTLX) in StoreNext Retail Technologies LLC, the No. 1 supplier of retail technology to independent grocers and regional chains.
For more information, please see: us.fujitsu.com/retailing

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