Hitachi Consulting Continues to Build a Leadership Position in Business Intelligence and Corporate Performance Management Solutions With the Acquisition of Navigator Systems, Inc.

DALLAS -- Hitachi, Ltd. Subsidiary Capitalizes on Growing Market With Strategic Acquisition of Leading Business Intelligence (BI) and Corporate Performance Management (CPM) Solutions Provider

With continued market momentum, Hitachi Consulting Corporation announces the acquisition of Business Intelligence and Corporate Performance Management market leader, Navigator Systems, Inc. With this acquisition, Hitachi Consulting, the business and IT consulting company of Hitachi, Ltd. (NYSE:HIT), continues its aggressive pursuit of the BI and CPM market, and will continue to emphasize this important market through additional acquisitions and aggressive, organic growth.

Navigator Systems has worked closely with industry-leading clients such as Builders FirstSource, Compass Bank, GameStop, Neiman Marcus Group, Sabre Holdings, and Southwest Airlines. Founded in 1992 and serving clients across the U.S., Navigator Systems is a recognized leader in BI Competency Center and integrated Corporate Performance Management consulting. BI Competency Center (BICC) is a holistic approach to building strong BI capabilities that create high-levels of BI productivity, self-sufficiency and strategic applications through-put. "Our BI Competency Center engagements yield tangible, measurable benefits to industry-leading clients and allow them to generate decision-making insights for competitive advantage at an enterprise scale," said Jon Feld, Co-founder and CEO of Navigator Systems.

Corporate Performance Management is the collection of business processes and supporting systems that provide integrated management rhythms and actionable information to decision makers. "CPM, which enables the continuous planning, measurement and execution of business strategy, is a strategic part of our solutions portfolio," said Carr Krueger, managing vice president for Hitachi Consulting's business intelligence and corporate performance management national practice. "The addition of Navigator Systems to our company's consulting capabilities adds not only critical bandwidth to our current CPM skills, but more importantly brings the strengths of Navigator's acknowledged, market-leading solutions to our current client base." Preparing for continued growth, Hitachi Consulting is expanding its capabilities in an area which most industry analysts expect will outpace other consulting and systems integration markets, growing at near double-digit rates over the next few years.

"In today's economy, the need to improve performance for our clients is unwavering. It comes from needs of shareholders, directors, executives and field operators alike -- all wanting more insight, wanting it more accurate, wanting it more tailored to their specific role," said Todd Price, Co-founder and COO of Navigator Systems. "Corporate performance management problems, at the enterprise level, are complex. Solving them requires a great deal of teamwork and a wide range of skills and experience -- industry knowledge, technology architecture, business process, change leadership, and program management. Joining with Hitachi Consulting allows us to bring to bear a richer blend of these capabilities to our existing clients and to a much broader marketplace." The combined organization will strengthen its strategic alliances with Microsoft (NASDAQ:MSFT), SAP (NYSE:SAP), Oracle (NASDAQ:ORCL), Hyperion Solutions (NASDAQ:HYSL), Business Objects (NASDAQ:BOBJ), Documentum, OutlookSoft and other leading BI and CPM technology providers.

"With this important acquisition, we now have more than 1,000 employees in the U.S. serving key global and mid-tier clients," said Michael Travis, President & CEO of Hitachi Consulting. "Our message and values are hitting home across all markets and we are seeing a significant up tick in revenues and demand for our services. We are building on the double-digit revenue growth we experienced during the last three years, and have the strong base of skills and experience to fuel our global expansion."

Navigator co-founders Feld and Price will provide leadership at Hitachi Consulting for client engagements and strategic alliances, in addition to working closely to define specific offerings within the BI&CPM national practice.

About Navigator Systems

Navigator Systems, Inc. ("Navigator"), based in Dallas with offices in Los Angeles and Atlanta, is a leading Business Intelligence Competency Center ("BICC") and Corporate Performance Management ("CPM") consulting firm, focused on the integration of business processes and supporting systems that provide actionable information to decision makers responsible for improving top-line and bottom-line performance. Founded in 1992, Navigator's services help clients develop the self-sufficient processes and insight required to systematically measure strategy execution and optimize business performance. Working collaboratively with both the business and IT leaders within an organization, Navigator provides BICC and CPM strategy, best practices, architecture, change leadership and implementation services to improve clients' overall corporate performance.

Navigator has been nationally recognized for its growth, expertise and culture. In 2005, Navigator was named among the Top 50 Best Small and Medium Size Companies to Work For in America by the Great Places To Work(R) Institute and the Society for Human Resource Management. Navigator was also named in 2005 among the Top 25 Best Companies to Work for in Texas by Texas Monthly magazine. Navigator is one of only 81 companies since 1986 to have been inducted into the Inc. Magazine "Hall of Fame" after being named to the "Inc. 500" list for five consecutive years from 1998 to 2002 for private company growth leadership across the United States. Navigator also won, in 2000, the only client-nominated Hyperion Solutions awards ever granted for "Greatest Business Impact" and "Excellence in Consulting." Navigator was advised in the transaction by Innovation Advisors, a technology focused investment bank.

About Hitachi Consulting

As Hitachi, Ltd.'s (NYSE:HIT) global consulting company, Hitachi Consulting is a recognized leader in delivering proven business and IT solutions to Global 2000 companies across many industries. We leverage decades of business process, vertical industry, and leading-edge technology experience to understand each company's unique business needs. From business strategy development through application deployment, our consultants are committed to helping clients quickly realize measurable business value and achieve sustainable ROI.

Hitachi Consulting's client base includes nearly 30 percent of the Fortune 100 as well as many leading mid-market companies. We offer a client-focused, collaborative approach and transfer knowledge throughout each engagement. Hitachi Consulting has 16 office locations in the U.S. For more information, call 1.877.664.0010 or visit www.hitachiconsulting.com.

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About Hitachi, Ltd.

Hitachi, Ltd. (NYSE:HIT), headquartered in Tokyo, Japan, is a leading global electronics company, with approximately 347,000 employees worldwide. Fiscal 2004 (ended March 31, 2005) consolidated sales totaled 9,027.0 billion yen ($84.4 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's Web site at http://www.hitachi.com.