Hitachi Consulting and Nexaweb Expand Solutions Delivery Alliance for IT Modernization

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Hitachi Consulting has expanded its solutions delivery alliance with Nexaweb® Technologies. The two companies will combine application modernization experience, product development and global resources to help client’s transform their legacy solutions to the cloud. From transformation strategy, code capture and transformation all the way through deployment, Nexaweb provides fixed-price, fixed time applications to enable new business models that fuel expansion and efficiency for customers.

Global Consulting, IT Modernization, Product Development

Hitachi Consulting’s Outsourced Product Development Practice expands its development team based in Guangzhou, China to accommodate Nexaweb’s global reach

“Legacy applications not only cost more to maintain, but they limit an organization’s ability to evolve and create new web-based business opportunities,” said Allen Deary, Senior Vice President at Hitachi Consulting.

Hitachi Consulting, a leading provider of IT consulting and management consulting solutions and services, today announced it is expanding its solutions delivery alliance with Nexaweb® Technologies, Inc., a leading provider of application modernization software solutions. Over the last six years, the two companies have collaborated together on several large-scale application modernization projects at multi-national, Japan-based corporations. This newly expanded relationship will now provide global resources to better meet the growing demand to transform legacy solutions through application modernization projects. As a result, Hitachi Consulting’s Outsourced Product Development Practice will be expanding its development team based in Guangzhou, China to 20 resources to accommodate Nexaweb’s global reach.

“Legacy applications not only cost more to maintain, but they limit an organization’s ability to evolve and create new web-based business opportunities,” said Allen Deary, Senior Vice President at Hitachi Consulting. “Since we’ve been working closely with Nexaweb to support product development efforts regionally, Hitachi Consulting is uniquely equipped with a high level of specific knowledge around its application modernization solutions. We are pleased to expand our relationship with Nexaweb to position us to address this high priority need among clients worldwide.”

As a leader in client/server and legacy application modernization, Nexaweb has helped
more than 200 customers successfully modernize more than 450 applications. The company has refined a repeatable methodology for transforming applications from expensive-to-maintain legacy architectures with limited accessibility into highly accessible web applications running on lower-cost cloud platforms. From transformation strategy, code capture and transformation all the way through deployment, Nexaweb provides fixed-price, fixed time applications to enable new business models that fuel expansion and efficiency for customers.

“We are very excited about expanding this relationship to help organizations put their legacy systems on the fast track to the cloud,” said Christian Heidelberger, Chief Executive Officer of Nexaweb. “Combining Hitachi Consulting’s expertise in building and sustaining the highest standards of product development, software architecture leadership and global delivery capabilities with Nexaweb’s proven application modernization software will help our clients create competitive advantage, cut costs and increase revenue.”

Through its Outsourced Product Development Practice, Hitachi Consulting assists corporations worldwide develop software products or platforms to help them meet the needs of their customers, improve customer satisfaction, and help generate increased revenues. The company operates Global Development Centers in India (Bangalore, Pune and Hyderabad), China (Guangzhou) and the United States (North Dakota) to provide key resources to design, build, and support innovative technology solutions. These centers are a critical part of Hitachi Consulting’s capabilities to support its global clients with end-to-end, full lifecycle solutions.

About Hitachi Consulting Corporation
As Hitachi, Ltd.'s global consulting company, with operations throughout North America, Europe, the Middle East and Asia, Hitachi Consulting is a recognized leader in delivering proven business and IT strategies and solutions to Global 2000 companies across many industries. With a balanced view of strategy, people, process and technology, we work with companies to understand their unique business needs, and to develop and implement practical business strategies and technology solutions. 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 25 percent of the Global 100 as well as many leading mid-market companies. We offer a client-focused, collaborative approach and transfer knowledge throughout each engagement. For more information, call 1.877.664.0010 or visit http://www.hitachiconsulting.com.

About Hitachi, Ltd.
Hitachi, Ltd., (NYSE: HIT/TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 360,000 employees worldwide. Fiscal 2010 (ended March 31, 2011) consolidated revenues totaled 9,315 billion yen ($112.2 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

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About Nexaweb
Nexaweb Technologies, Inc. is the leader in client/server and legacy application modernization using cloud computing. Nexaweb has modernized more than 450 applications to date -- and is the only company offering a fixed-time, fixed-price guarantee. More than 200 customers, including Aflac, DHL, EMC, Nokia Siemens Networks, Pepsico, Rabobank and US Air Force have leveraged Nexaweb software and services to modernize their applications and transform their businesses. For the latest news and information, follow Nexaweb on Twitter at http://www.twitter.com/Nexaweb and visit http://www.nexaweb.com.

Nexaweb and the Nexaweb logo are registered trademarks of Nexaweb, Inc. All other trademarks and service marks are the property of their respective owners.

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