Telargo and NEC Team to Provide Mobile Asset Management Solutions in Asia

Telargo, Inc., a leading provider of mobile asset
management services, announced the signing today of NEC Hong Kong,
Ltd., as a new Telargo Service Provider (TSP) for Hong Kong and Macau.
NEC Hong Kong, a 100 percent subsidiary of NEC Corporation, Japan, is
the premier business solutions provider for a wide range of industries
in the region.
Under this agreement, NEC Hong Kong, Ltd. will be a provider of
Telargo(R) Service which allows customers to more efficiently manage
their mobile assets -- including vehicles, machinery and trailers.
This comprehensive solution incorporates functionalities for vehicle
and workforce management and gives customers real-time information and
vehicle data which, along with the advanced reporting, enables them to
improve the effectiveness of their operation by:

-- Increasing productivity

-- Reducing operational costs

-- Improving service quality

As customers see the need to be more efficient, mobile asset
management becomes a priority. Telargo's solutions will help customers
manage their fleets more effectively. "NEC Hong Kong has been
delivering various kinds of solutions to the customers in this region.
Together with such rich experiences, we look forward to sharing
Telargo's extensive capabilities with our customers which will help
them optimize their operations," said Takahiro Yamaji, Managing
Director of NEC Hong Kong, Ltd.
"We see this partnering with NEC as key to offering high-quality
service in the region, and we are very pleased to work with such an
industry leader," said Takashi Komoro, Vice President of Strategy,
Telargo, Inc. "NEC provides Telargo with a strong global presence and
complimentary product solutions in our major market segments - public
transit, service fleets and logistics. As we formalize the
relationship in Hong Kong and Macau, we look forward to extending our
partnership to other areas where NEC has a solid foundation."

About Telargo

Telargo Inc. provides an intelligent, flexible, robust service
platform for mobile asset management in a wide array of industry
sectors, including transportation and logistics, service fleets and
public transit. Telargo(R) services and systems provide valuable
logistics data that enable users to better understand their fleets and
workforces, so they can reduce fleet-related costs and optimize
productivity. Telargo, a global supplier with headquarters in the US
(New Jersey) and a European division located in Germany, is a joint
venture between NTT DoCoMo, the Japan-based world leader in mobile
communications, and ULTRA, a European technology company. For more
information, please visit www.telargo.com.

About NEC Corporation

NEC Corporation (NASDAQ:NIPNY) is one of the world's leading
providers of Internet, broadband network and enterprise business
solutions dedicated to meeting the specialized needs of its diverse
and global base of customers. NEC delivers tailored solutions in the
key fields of computer, networking and electron devices, by
integrating its technical strengths in IT and Networks and by
providing advanced semiconductor solutions through NEC Electronics
Corporation. The NEC Group employs more than 140,000 people worldwide
and had net sales of 4,855 billion yen (approx. $45.4 billion) in the
fiscal year ended March 2005. For additional information, please visit
the NEC home page at: http://www.nec.com

Newsroom: http://www.nec.co.jp/press/en/