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Hitachi Consulting and Paymetric Form Alliance to Offer Integrated Payment Card Solutions to Companies Using SAP

DALLAS and HOUSTON – Dec. 4, 2007 – Hitachi Consulting, the global consulting company of Hitachi, Ltd. (NYSE: HIT), today announced an alliance with Paymetric, a leading provider of innovative payment card software, to deliver packaged card acceptance and purchasing card integration solutions for companies seeking to manage electronic payments within SAP.

The companies will work together to deliver end-to-end products and services designed to help B2B companies, across multiple industries, reduce transaction processing costs, minimize IT development and administrative expenses, and integrate payments in both the order-to-cash and procure-to-pay processes.

"Our customers expect Paymetric to work side-by-side with industry-leading SAP solution integrators," said Ken Naumann, senior vice president, Sales and Marketing, Paymetric. "With Hitachi Consulting's deep SAP experience and ability to deliver enterprise technology services globally, our customers will benefit greatly from this new alliance."

For companies managing customer relationships using SAP CRM, the packaged solution blends Paymetric's SAP-certified card acceptance software – XiPay^TM — with Hitachi Consulting's knowledge in SAP CRM integrations. XiPayTM enables companies to seamlessly accept, manage, and protect credit card transactions within the framework of SAP-enabled business processes and workflows. The alliance also offers a packaged solution for streamlining procure-to-pay processes in SAP. Companies can leverage Hitachi Consulting's SAP knowledge to implement Paymetric's XiBuyTM, a certified SAP add-on solution for managing and integrating purchasing card transactions in SAP.

"This alliance with Paymetric will help simplify our customers' lives by providing an affordable and innovative solution for the management of purchasing card transactions," said Roberto Kirsten, Hitachi Consulting alliance director. "In addition, this pre-packaged solution can simplify an overall ERP project by providing a one-stop shop for implementations of payment card solutions that enhance order-to-cash and procure-to-pay processes in SAP ERP or CRM."

Both companies are sponsors and presenters at SAP's CRM Customer Value Networking Summit in Dallas. Dec. 5-6, 2007.

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About Hitachi Consulting Corporation
As Hitachi, Ltd.'s (NYSE: HIT) global consulting company, with operations in the United States, Europe 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 www.hitachiconsulting.com.

About Hitachi, Ltd.

Hitachi, Ltd., (NYSE: HIT / TSE: 6501), headquartered in Tokyo, Japan, is a leading global electronics company with approximately 384,000 employees worldwide. Fiscal 2006 (ended March 31, 2007) consolidated revenues totaled 10,247 billion yen ($86.8 billion). The company offers a wide range of systems, products and services in market sectors including information systems, electronic devices, power and industrial systems, consumer products, materials and financial services. For more information on Hitachi, please visit the company's Web site at http://www.hitachi.com.

About Paymetric
Paymetric, Inc. provides innovative software for managing, protecting and integrating payment card transactions in enterprise applications, most notably SAP. Paymetric combines proven expertise is ERP payment processes with powerful software and services to improve return on card acceptance, optimize purchase card programs, and reduce barriers to compliance. Paymetric is an Austin Ventures portfolio company and an award-winning SAP software partner. Visit www.paymetric.com for additional information.

CONTACTS:

Jim Budkie, Managing Vice President, Marketing
Hitachi Consulting

513.939.0312
jbudkie@hitachiconsulting.com

Tim Girgenti, Vice President, Marketing
Paymetric, Inc.
713.895.2000
tgirgenti@paymetric.com