Fujitsu Philippines Inc.

Redwood Ventures, Inc. is Now a Fujitsu LifeBook Distributor

Manila, May 10, 2007 — Fujitsu Philippines, Inc. (FPI) announced the appointment of Redwood Ventures, Inc. (RVI) as a distributor of Fujitsu LifeBook mobile personal computers.

Peter G. Tan, president and CEO of FPI, said that “the buying public is the clear winner in this new business partnership.” He noted that “Fujitsu and Redwood make a very good combination, because both companies are growing and complement each other in their respective areas of expertise. We choose partners who will grow with us.” Tan mentioned the possibility of granting RVI the right to distribute other Fujitsu products.

For his part, Michael W. Bangayan, president of RVI, thanked FPI for the opportunity to become its business partner. He cited the strong relationship of RVI with each of its resellers, and emphasized RVI’s ability to guarantee on-time delivery and after-sales service. He expressed confidence in achieving RVI’s Fujitsu LifeBook sales targets.

Fujitsu LifeBooks are ideal for users with serious mobility, performance, data security and data integrity requirements. Fujitsu designs and manufactures all LifeBooks in Japan to assure superb quality, reliability, portability, and battery life. Fujitsu LifeBooks incorporate innovative features such as the Fingerprint Sensor, Three-Axis Shock Sensors, and spill-resistant keyboard to help ensure trouble-free operation and data security and integrity. Moreover, advanced display technologies, digital array microphones and power management capabilities ensure an unparalleled mobile multimedia and communications experience. Fujitsu LifeBooks are well-known for their elegant and functional styling.

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About Fujitsu Philippines, Inc.

Fujitsu Philippines Inc. (FPI) is a leading system integrator of Information and Communication Technology (ICT) solutions for Philippine enterprises. With over five hundred full-time Filipino technology professionals and more than 30 years of operations in the country, FPI is uniquely positioned to apply the best-of-breed technology solutions to assist its customers in solving complex business problems. By leveraging the collective expertise, experience, and work ethics of its workforce, FPI has an unmatched track record in designing, building, implementing, and maintaining ICT solutions, especially in difficult projects with complex technology architectures, nation-wide geographic scope, and tight implementation schedules. FPI is an affiliate of Fujitsu Limited headquartered in Tokyo. FPI carries a full suite of best-of-breed technology solutions, including the award-winning Fujitsu LIFEBOOK mobile personal computers. More information about FPI’s products and services can be found at http://ph.fujitsu.com.

About Redwood Ventures, Inc.

Redwood Ventures, Inc. was established in April 1999 as a product distribution partner that can deliver a wide range of reliable and cost-effective products to ensure total customer satisfaction. Redwood began by distributing Intel® motherboards and CPUs and later expanded its line of business to other computer peripherals and components. Redwood maintains a strong logistics department to guarantee on-time delivery and after sales service. We are committed to provide the most dependable and compatible products, delivered on time and at competitive prices to ensure customer complete satisfaction. Our vision is to continuously provide innovative solutions to our customer's needs in the ever-changing world of technology. More information about Redwood is available at www.redwood.ph.

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