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NEC Solutions America Names New Vice President of Finance; Peter DiCorti to Oversee Financial Planning, Strategies for Leading North American Integrated Solutions Provider.


RANCHO CORDOVA Rancho Cordova (răn`chō kôrdō`və), uninc. residential city (1990 pop. 48,731), Sacramento co., N Calif. A suburb of Sacramento, it experienced rapid growth in the late 20th cent. , Calif. -- NEC (NEC Corporation, Tokyo, www.nec.com, www.necus.com) An electronics conglomerate known in the U.S. for its monitors. In Japan, it had the lion's share of the PC market until the late 1990s (see PC 98).

NEC was founded in Tokyo in 1899 as Nippon Electric Company, Ltd.
 Solutions (America) Inc., a premier provider of integrated solutions for the Connected Enterprise in North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , today announced the appointment of Peter DiCorti as vice president of finance, a role in which he will be chartered with overseeing the company's financial plans and evaluating the market conditions of key industries.

DiCorti joins NEC Solutions America (NECSAM) from Unify Corporation, a Sacramento-based provider of business process automation solutions, where he was vice president and chief financial officer. In his new position, DiCorti will report to Akira Togawa, chief financial officer, NEC Solutions America. During his 32 year career, DiCorti has garnered significant experience with both national and international companies public and private.

"I am thrilled to join the NEC team and welcome the opportunity to complement the existing management team as it evolves its legacy as a preeminent integrated solutions provider in North America," said DiCorti.

"NEC Solutions America welcomes Mr. DiCorti's extensive, diverse background, as it suits our current and future business positions extraordinarily well," said Tadao Kondo, president and chief executive officer, NEC Solutions America. "Like many of our customers, NECSAM retains the resources and talent of a multi-national company, as well as the entrepreneurial spirit and focus on innovation. Those qualities are leading us to the next level of success across several vertical markets, and Mr. DiCorti's background will only serve to enhance that success."

DiCorti has a significant background in public equity markets, venture capital funding and corporate finance management. While at Unify, DiCorti handled worldwide financial management, developed a Sarbanes Oxley compliance plan, designed an acquisition strategy, and instituted a new ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer.  system. His experience with will be invaluable to NEC Solutions America. He has also served as CFO See Chief Financial Officer.  at Grass Valley Group, Pacific Access, Alldata Corporation, and Digital Research. DiCorti earned a B.S. in Accounting from Santa Clara University, and is a Certified Public Accountant Certified Public Accountant (CPA)

An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state.
 (CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. ) in California.

About NEC Solutions (America), Inc.

NEC Solutions (America), Inc. is a premier provider of integrated solutions for the Connected Enterprise in North America. As an affiliate of NEC Corporation (Nasdaq:NIPNY)(FTSE FTSE

A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times.

Notes:
The FTSE is similar to Standard & Poor's in the United States.
:6701q.1), NEC Solutions America taps into a global resource network to help clients leverage technology to achieve a competitive edge. From corporate performance management and biometric security solutions to digital cinema and in-theatre advertising systems, visual displays and server solutions, the expertise is delivered with the personal attention needed to address individual situations. With headquarters in Rancho Cordova, California Rancho Cordova is a city in Sacramento County, California, USA, that incorporated in 2003. The State of California estimates its population at 59,056 as of January 1, 2007 [1] History , NEC Solutions America serves a wide range of markets, including the health care and public safety, financial services, cinema, retail and manufacturing markets. Information regarding NEC Solutions America can be found at www.necsam.com.

NEC is a registered trademark of NEC Corporation. (C) 2005 NEC Solutions (America), Inc. All Rights Reserved. Other product or service marks mentioned herein are the trademarks of their respective owners.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:9JAPA
Date:May 10, 2005
Words:476
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