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Fujitsu Acquires Quebec-based Promaintech Novaxa

Fujitsu Consulting adds proven business process optimization competencies and qualifications to its suite of enterprise services

Fujitsu Consulting

Montreal, QC, October 23, 2007

Fujitsu Consulting, the North America consulting and services arm of Fujitsu Limited, today announced the acquisition of Promaintech Novaxa, a consulting engineering firm specializing in operational strategy, business process transformation and performance optimization. This acquisition is aligned to Fujitsu Consulting’s long-term strategy to increase its presence in emerging markets and industry sectors. Terms of the transaction have not been disclosed.

“Tougher competition in all markets is forcing companies to create more value and pursue excellence to ensure their continued success. As an information technology and business process management leader, Fujitsu Consulting is augmenting its service offering by acquiring Promaintech Novaxa’s expertise in business process optimization in the industrial and service sectors,” explained André Pouliot, Fujitsu Consulting’s executive vice president and Quebec general manager.

With a staff of over 50 professionals, Promaintech Novaxa has built a reputation in the marketplace for assisting organizations in optimizing their business processes, implementing best practices and developing continuous improvement programs that increase operational performance. This firm, which has been in operation for 10 years now, is positioned as a leader because it has developed operating strategies founded on the latest tools and best practices. Promaintech Novaxa was certified by the National Research Council of Canada (value-added product development, value-added product design, value-added innovation) and was the first company in Quebec to provide assistance in the application of Lean Six Sigma concepts. It conducts close to 400 projects a year for recognized businesses in Quebec and has achievements to its credit in over 16 countries.

The acquisition will form the basis of a new business unit within Fujitsu Consulting that will focus on providing a range of business process optimization consulting and implementation services. The unit will be supported by Fujitsu Consulting’s enterprise systems integration and application management services, providing complete, end-to-end continuous improvement solutions. The senior management team of Promaintech Novaxa will remain with Fujitsu Consulting, providing continued leadership in business development and managing the progressive growth of the new unit.

“This will position us as a leader in IT and process optimization and will broaden our offerings by adding a complete range of IT services to better serve our clients,” said Yves L. Turcotte, Promaintech Novaxa’s president. “Fujitsu Consulting recognizes these capabilities and we’re proud to be joining the Fujitsu family.”

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 5.1 trillion yen (US$43.2 billion) for the fiscal year ended March 31, 2007. See www.fujitsu.com for further information.
For more information, please see: http://www.fujitsu.com

About Fujitsu Consulting

Fujitsu Consulting is the North American consulting and services arm of the $43.2-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, IT 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.

Promaintech Novaxa

A leader in business process optimization, Promaintech Novaxa has recognized expertise in management, productivity, reliability, innovation and continuous improvement. It is a one-stop source of integrated services for applying Lean Six Sigma, a structured management methodology aimed at improving process quality and effectiveness, implementing best practices and increasing operational performance of companies. With offices in Montreal, Quebec City and Vancouver, it coaches clients throughout the transformation process and helps make them more competitive.

Press Contact - FAI

Phone: Phone: 224 545 2705
E-mail: E-mail: victoria.hansen@us.fujitsu.com
Company: Fujitsu America, Inc.

Finn Partners

Phone: Phone: 212 593 5844
E-mail: E-mail: andrew.corcione@finnpartners.com
Company: Finn Partners


CONTACT INFORMATION UPDATED AS OF AUGUST 2014.

Date: October 23, 2007
City: Montreal, QC