Perpetual Signs Multi-Million Dollar IT Infrastructure and Applications Outsourcing Contract with Fujitsu

Sydney, 30 August 2012 – Fujitsu announces today it has signed a 5-year IT infrastructure and applications services outsourcing agreement with Perpetual Limited (ASX: PPT). The strategic partnership allows Perpetual to leverage Fujitsu’s proven best practices to modernise its IT infrastructure and applications as well as enable a number of service and capability improvements as part of its business-wide Transformation 2015 Strategy.

Following a formal evaluation of its existing information technology arrangements, Perpetual called for proposals to comprehensively transform its IT infrastructure, including networks, desktop, and applications. From this competitive process, Fujitsu was selected as the IT vendor to add substantial value to Perpetual's business.

Mike Foster, Chief Executive Officer of Fujitsu Australia and New Zealand, said: “We are looking forward to working with Perpetual as part of its Transformation 2015 Strategy.  This engagement is significant for us and is testament to Fujitsu’s proven capability to deliver economies of scale based on best practice processes.  Fujitsu’s reputation for solid infrastructure and applications management aligns with Perpetual’s requirement for the reliable delivery of critical services.”

According to Jens Butler, Principal Analyst for IT Services at OVUM, this deal highlights the growing trend for longer term inclusive deals with a single supplier.   He says   “...Enterprises increasingly demand control and stability, especially where risk mitigation and regulatory compliance are of critical importance. Fujitsu’s local reputation for solid infrastructure and applications management capabilities evidently resonates with this increasing requirement for the reliable delivery of multiple services.”

The context of the Transformation 2015 Strategy is contained in Perpetual Limited 2012 Financial Results announcement.

http://shareholders.perpetual.com.au/phoenix.zhtml?c=171717&p=irol-IRHome

http://shareholders.perpetual.com.au/phoenix.zhtml?c=171717&p=irol-transformation2015

ENDS

About Perpetual

Founded in Sydney in 1886 as Perpetual Trustees, Perpetual (ASX: PPT, Perpetual) is today one of Australia’s most experienced independent financial services groups. It manages investment funds of close to $23 billion, administers over $215 billion of client funds, and advises clients on $8 billion of investments (as at 30 June 2012).

About Fujitsu

Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Over 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 4.5 trillion yen (US$54 billion) for the fiscal year ended March 31, 2012. For more information, please see:www.fujitsu.com

About Fujitsu Australia and New Zealand

Fujitsu Australia and New Zealand is a leading service provider of business, information technology and communications solutions. As the third largest ICT Company in the Australian and New Zealand marketplace, we partner with our customers to consult, design, build, operate and support business solutions. From strategic consulting to application and infrastructure solutions and services, Fujitsu Australia and New Zealand has earned a reputation as the single supplier of choice for leading corporate and government organisations. Fujitsu Australia Limited and Fujitsu New Zealand Limited are wholly owned subsidiaries of Fujitsu Limited (TSE: 6702). www.fujitsu.com.au.  

ENDS

Media contact:

Collin Duff-Tytler

Marketing Programs and Communications Manager

Fujitsu Australia and New Zealand

Tel:   +61 2 9113 9346

Mobile: +61 409 953 349

Email: collin.duff-tytler@au.fujitsu.com