NEC Electronics and Tata Consultancy Services Sign Certified Design House Agreement

Enhanced Engineering, Design and Sales Support for ISSP^TM Structured ASICs

NEC Electronics Corp. and Tata Consultancy Services Ltd. (TCS) today announced an agreement whereby TCS will provide engineering and design services to its worldwide customers based on NEC Electronics' ISSP^TM structured ASICs. The agreement, entered into by TCS and NEC Electronics Singapore, a subsidiary of NEC Electronics, will allow ISSP customers worldwide to receive design support from TCS for the complete lineup of ISSP products, and will also help promote global sales of ISSP products.

"Structured ASICs such as our ISSP series, which offer high performance at low cost and with fast turnaround times, have become an increasingly attractive option for customers in recent years," stated Hiroshi Hikichi, general manager, Platform ASIC Division, NEC Electronics. "We are aiming to expand our ISSP sales through Certified Design House partners such as TCS, with strong design service capabilities."

Tata Consultancy Services' significant expertise in design and development of high-speed, high-performance digital, analog and mixed-signal integrated circuits (IC) and system-on-chips (SoC) for High-speed networking, wireless communications, multimedia, consumer electronics, automotive/aviation and industrial controls makes it a natural partner for NEC Electronics. TCS' Chip design group has expertise to develop designs from concept to GDSII.

ISSP customers will benefit from TCS' wide selection of Intellectual Property in various application domains, including H.264 codecs, EtherCAT (Ethernet for Control Automation Technology), JPEG2000 and wireless LAN. By leveraging TCS's experience in these areas, customers can bring new ISSP designs to market with short turnaround times at a very affordable cost.

"The CDH agreement with NEC Electronics means a big step in chip design not only for Tata Consultancy Services but also for India as a preferred destination for design services. TCS' wide experience, focus on IC design, its global footprint and the merits of this technology will add significant value to our customers, enabling them to achieve a higher return on their investments in chip designs," stated Ravi Gopinath, Vice President and Head of Engineering & Industrial Services, Tata Consultancy Services.

NEC Electronics and TCS will work closely together to provide ISSP customers with optimal service and support.

About NEC Electronics

NEC Electronics Corporation (TSE: 6723) specializes in semiconductor products encompassing advanced technology solutions for the high-end computing and broadband networking markets, system solutions for the mobile handsets, PC peripherals, automotive and digital consumer markets, and multi-market solutions for a wide range of customer applications. NEC Electronics Corporation has 25 subsidiaries worldwide including NEC Electronics America, Inc. (www.am.necel.com) and NEC Electronics (Europe) GmbH (www.eu.necel.com). For additional information about NEC Electronics worldwide, visit www.necel.com.

About Tata Consultancy Services Ltd (TCS)

Tata Consultancy Services Limited (TCS) is the world leading information technology consulting, services, business process outsourcing and engineering services organization that envisioned and pioneered the adoption of the flexible global business practices that today enable companies to operate more efficiently and produce more value. TCS achieved this by creating and perfecting a unique method of global deployment and delivery of high quality, high value services and products in IT consulting and business process outsourcing. Known as the "Global Delivery Model," this strategic services delivery concept has reshaped the IT services industry.

More than 95% of TCS customers reward the company's reliability, passion, creativity, and unique ability to handle the broadest range of their IT needs by continually extending and deepening their partnerships with TCS. With over 60,000 of the world's best trained IT consultants located in 36 countries, TCS is uniquely positioned to deliver its flexible world class services seamlessly to any location. TCS reported consolidated revenues of $2.97 billion (U.S.) in the fiscal year 2005-2006. The company is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information: www.tcs.com.