Accenture Signs Seven-Year Outsourcing Contract with Elpida

NEW YORK and TOKYO; June 20 – Accenture has signed a seven-year IT outsourcing contract to develop a global supply chain system and manage enterprise-wide IT for Elpida Memory.

As part of the agreement, Accenture will run the systems required to support finance, procurement, customer relations and knowledge management. In addition, Accenture will help Elpida Memory develop information technology systems skills through training and access to Accenture’s global capabilities.

“A strategic partnership with Accenture in the area of IT systems operation gives Elpida Memory access to Accenture’s advanced technology and expertise and project management capabilities. This means added value for our customers,” said Yukio Sakamoto, president & CEO of Elpida Memory.

“A growing number of Japanese companies are recognizing the benefits of outsourcing IT to specialists in order to reduce costs, improve efficiency and focus on core competencies” said Tohru Murayama, Accenture’s country managing director for Japan. “The impact on the bottom line can be dramatic, particularly for companies operating in a fiercely cost-competitive industry and distributing products via a highly integrated supply chain.”

Elpida Memory’s outsourcing deal with Accenture aims at providing a more flexible IT environment, enhancing customer satisfaction and improving IT cost efficiency.

About Accenture
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills and technologies to help clients improve their performance. With more than 110,000 people in 48 countries, the company generated net revenues of US$13.67 billion for the fiscal year ended Aug. 31, 2004. Its home page is www.accenture.com.

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Alex Pachetti

+1 (917) 452 5519

alex.pachetti@accenture.com