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NEC's Mobile Internet Platform and i-mode Mobile Handset N341i To Operate Tokyo, Japan, July. 02, 2003 - NEC Corporation (TSE: 6701) announced today that its mobile internet Platform and i-mode(TM) mobile handset commenced operation at Telefonica Moviles Espana (TME)'s "e-mocion" service started from June 26th 2003. TME and NEC, via its subsidiary NEC Iberica, have entered into an agreement for the supply of a mobile multimedia platform system with a view to develop i-mode services as one of the attractive service menus among e-mocion. Telefonica Moviles Espana is the Spanish leading mobile telephony company, with more than 18.7 million subscribers in Spain. The platform developed by NEC is composed of a set of gateway systems which enable Telefonica Moviles' customers to gain easy and quick access to i-mode services on the GPRS, and mail-servers which enables the customer to enjoy multimedia messaging service. To provide attractive mobile internet services for both 2.5G and 3G, NEC is to expand mobile multimedia platform business, targeting European and the other areas of mobile operators in the world who wish to gain stronger customers' satisfaction and to increase revenue. NEC plans to add mobile applications lineup and believes to acquire the leading position in the mobile internet market. NEC's new i-mode mobile handset "N341i" is compact and striking with a stylish fold-form design with 2.2 inch high color LCD (TFD) screen and built-in antenna, and the handset features an integrated camera. N341i also features the second screen on the handset's top fold and can be easily customized according the owners setting such as a clock, picture and displaying caller's identity. Developed based on expertise in mobile internet market in Japan and Europe, "N341i" is most suitable for using mobile internet applications and rich content. NEC is to sell the new N341i to other i-mode service providers in the world. About Telefonica Moviles Espana Telefonica Moviles Espana (www.empresa.movistar.com) is the operator of Telefonica Moviles Group in Spain, where it has more than 18.7 million active customers and offers a comprehensive portfolio of data services and applications using the latest mobile technologies, including GPRS. Telefonica Moviles (www.telefonicamoviles.com) is one of the world�fs largest mobile telephony groups, with a presence in 14 countries and over 33.5 million active managed customers. The company is a leader in the growth markets of Spain and Latin America and also has operations in the Mediterranean Basin. Shares in Telefonica Moviles are traded on the New York Stock Exchange and on Spanish stock exchanges under the symbol TEM. About NEC Corporation NEC Corporation (NASDAQ: NIPNY) (FTSE: 6701q.l) 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. Ranked as one of the world's top patent-producing companies, 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 approximately $40 billion in the fiscal year ended March 2003.