Date: 14th June 2010
LONDON, UK — 14 June, 2010 — Hitachi Consulting UK today issued a correction and clarification statement to its earlier press release on JLT Benefit Solutions Ltd. JLT Benefit Solutions Ltd conducted the design and build for the new standalone version of its BenPal pension modeller for use on the Apple iPhone and iPod Touch platforms, which were completed at JLT offices. Hitachi Consulting UK provided an introduction to a third party contractor, who worked collaboratively with JLT’s internal team onsite for the design and delivery of the new application.
The BenPal pension modeller app allows users to view the projected value of possible benefits at retirement based upon a number of simple facts about their personal details and pension plan arrangements. It provides a rich, graphical interface which can be used to model the impact of changes in contributions, retirement age and the type of pension payable. The modeller can also operate in 'target mode' to determine how much the user would need to invest to retire on a pension of a certain value.
About JLT Group plc
Jardine Lloyd Thompson Group plc (JLT) is an international group of Risk Specialists and Employee Benefits Consultants and one of the largest companies of its type in the world. JLT offers a distinctive choice to clients and partners through our combination of independence, scale and specialism. Jardine Lloyd Thompson Group plc is quoted on the London Stock Exchange and employs 6000 people worldwide and through JLT NetworkTM provides services in more than 120 countries. http://www.jltgroup.com
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 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 360,000 employees worldwide. Fiscal 2009 (ended March 31, 2010) consolidated revenues totaled 8,968 billion yen ($96.4 billion). Hitachi will focus more than ever on the Social Innovation Business, which includes information and telecommunication systems, power systems, environmental, industrial and transportation systems, and social and urban systems, as well as the sophisticated materials and key devices that support them. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.
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