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Fujitsu Supplies Processing Power to Virgin Money

Partnership extension deepens relationship and demonstrates reliable performance by Fujitsu

Fujitsu UK & Ireland

London, August 15, 2013

Fujitsu has extended its partnership with Virgin Money to provide a mainframe environment which underpins a broad range of its services. Under the terms of the five-year contract, Fujitsu will continue to license its Virtual Machine Environment (VME) to Virgin Money. The mainframe will continue to power Virgin Money’s processing platforms and support new product releases, improving and enhancing services delivered through all of its channels, to over 4 million Virgin Money customers. The deal ensures continuity of service, enabling its staff to carry on providing an excellent and reliable service to its customers. Fujitsu will also provide support and maintenance services to Virgin Money within the terms of the partnership.

Fujitsu has provided the operating environment for a period of 20-years, formerly to Northern Rock and to Virgin Money since they acquired the business on 1 January 2012. Virgin Money agreed to extend the relationship with Fujitsu following a strategic review of its IT estate to ensure that it would create a suitable environment to support future growth.

“Fujitsu is a proven partner, which has done an excellent job in providing a first-class, reliable operating environment to Northern Rock in the past and now Virgin Money, over the course of 20 years” said Jonathan Kennedy, CIO, Virgin Money. “Fujitsu has invested in and modernised the VME operating system and moved with the times to exploit modern platforms. Fujitsu also provides the strategic consultancy and technical capability required in a trusted IT partner. All of these factors played a part in our decision to make a contract extension with Fujitsu the right choice for us. We look forward to a long and successful working relationship.”

“We are very excited about the continuation of our relationship with Virgin Money,” said Duncan Tait, CEO, Fujitsu UK & Ireland. “At a time when consumer confidence in banks is low, it’s crucial that businesses have strong, reliable and consistent performing services for their customers and the technology which powers those services is critical. Fujitsu is very happy to be part of Virgin’s Money journey and looks forward to being part of its success.”

About Fujitsu

Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 170,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.4 trillion yen (US$47 billion) for the fiscal year ended March 31, 2013. For more information, please see:

About Fujitsu UK and Ireland

Fujitsu UK and Ireland is a leading IT systems, services and products company employing over 10,100 people with an annual revenue of £1.6 billion. Additionally, Fujitsu’s other operations in the UK bring its total employee numbers to over 14,000 and its total revenues to £1.8 billion. Its business is in enabling its customers to realise their objectives by exploiting information technology through its integrated product and service portfolio. This includes consulting, applications, systems integration, managed services and product for customers in the private and public sectors including retail, financial services, telecoms, government, defence and consumer sectors. For more information, please see:

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Date: 15 August, 2013
City: London