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GROWTH OF MULTIMEDIA REFLECTED BY NEC'S RECORD REVENUES

 WOOD DALE, Ill., May 12 /PRNewswire/ -- Paralleling the growth of multimedia, NEC Technologies, Inc. has experienced explosive sales of CD-ROM (compact disc-read only memory) products in its fiscal year 1992, which ended March 31, 1993. 1992 revenues for the NEC's Advanced Media Group which markets award-winning MultiSpin(TM) CD-ROM readers, exceeded $75 million, marking an increase of more than 135 percent from 1991.
 The impressive performance marks the fourth year in a row that the NEC Advanced Media Business Unit has achieved a year-over-year sales increase of at least 100 percent. Sales for the unit grew at a compound average growth rate of 193 percent over four years.
 "1992 was a tremendous year for NEC and the multimedia industry as a whole," said Marc Miller, vice president of NEC's Advanced Media Business Unit. "As the first CD-ROM manufacturer providing smoother- motion video with double-speed technology, we experienced explosive growth and firmly established NEC as the market leader."
 With an estimated 1.2 million CD-ROM readers being sold in 1992 and high corporate and consumer interest in CD-ROM and multimedia applications, NEC's double-speed technology gave the company an eight- month lead on its competitors and provided the performance boost that allowed customers to view CD-ROM as a multimedia technology rather than strictly a mass storage technology. With fast access times and double data throughput, NEC made CD-ROM's promise of smooth motion video and animation possible.
 NEC Technologies, Inc.'s growth in 1992 is attributable to industry trends as well as NEC's technological leadership. According to Miller, consumers' savings resulting from the PC price wars were spent on CD-ROM equipment. Also, the number and quality of CD-ROM software titles increased dramatically in 1992, making CD-ROM an even more compelling technology.
 NEC entered the CD-ROM marketplace as a venture business in 1988 with sales of $1 million. And at the end of its fourth year, NEC's Advanced Media Group added two production lines to increase manufacturing capacity and sold more than 200,000 CD-ROM readers in 1992.
 Goals for 1993
 Estimating that the CD-ROM market will continue its explosive growth in 1993, increasing in size to a total of 2-3 million units, NEC plans to concentrate on extending its CD-ROM hardware leadership and ship in excess of 400,000 readers in its fiscal year which began April 1. NEC also plans to develop its OEM (original equipment manufacturer) business which now comprises 18 percent of its CD-ROM business.
 "We are confident that we can once again double our sales in 1993 by focusing on our core competence in CD-ROM hardware where we have a technical edge and a full offering -- we are the only manufacturer to offer high performance internal, external and portable CD-ROM readers," said Miller. "Additionally, we have the strength of NEC Technologies and all the other computer products we manufacture. By combining efforts with NEC's other computer products like our UltraLite(R) notebooks and Image(TM) and Ready desktop systems, we can offer solutions for home and small office markets as well as business and graphics power users."
 NEC Technologies, Inc. is a leading manufacturer of computers and peripherals for the North American market. Product lines include award- winning ProSpeed(TM) laptop computers, UltraLite(R) notebook computers, MultiSync(R) monitors, Silentwriter(R) and Colormate(R) printers, PowerMate(R), Image(TM), Express(TM) and Ready system products, and MultiSpin(TM) CD-ROM hardware. NEC Technologies, Inc. is a subsidiary of NEC Corp. (NASDAQ: NIPNY).
 -0- 5/12/93
 /CONTACT: Beth Anderson or Donna Gates of Golin/Harris Communications, 312-836-7358 or 312-836-7123, for NEC Technologies/
 (NIPNY)


CO: NEC Technologies, Inc. ST: Illinois IN: CPR SU:

CK -- NY075 -- 7654 05/12/93 14:25 EDT
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Date:May 12, 1993
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