TOKYO, April 23, 2019 -- OKI (TOKYO: 6703) today announced that it has been selected as a 2019 Noteworthy IT Strategy Company in the selection of Competitive IT Strategy Companies for 2019 conducted by the Ministry of Economy, Trade and Industry (METI) and the Tokyo Stock Exchange (TSE). Within the framework of United Nations Sustainable Development Goals (SDGs), the selection reflects high regard for the company's group-wide innovation creation activity "Yume Pro" and "Social Infrastructure × IoT" initiative.

Competitive IT Strategy Companies are selected to highlight proactive use of information technology based on medium- and long-term goals, including efforts to enhance corporate value and competitive strengths. Noteworthy IT Strategy Companies are companies working on noteworthy initiatives, selected from METI's viewpoint with the intention of expanding the basis of competitive IT strategy companies.

OKI believes its selection reflects the high regard in which the potential of its various initiatives, including the ones named below, are held, based on the perspective of the SDGs.

• Innovation creation activity "Yume Pro":

  Companywide activity based on SDGs, which promotes business creation, reforms focusing on human resources and organizational culture, and digital transformation (DX)

• "Social Infrastructure × IoT" initiatives to help solve social issues (specific examples given below):
  • Efforts to develop an automated driving assistance system, thereby realizing
    infrastructure-cooperated ITS services integrated with 5G networks
  • R&D to realize marine IoT services, including IoT service against poaching that utilize underwater acoustic sensing, implemented as a Project to Support IoT Service Creation under contract to the Ministry of Internal Affairs and Communications

In accordance with its corporate philosophy and drawing on its "enterprising spirit," OKI has created superior network solutions and provided excellent information and communications services to contribute to solving social issues. Today, to help establish advanced IoT technologies throughout society, OKI is promoting DX, through advanced edge computing technologies while drawing on a variety of use cases, in the field of transportation, construction/infrastructure and disaster prevention, healthcare, finance/retail, manufacturing, and marine/acoustic. Encouraged by its selection as a 2019 Noteworthy IT Strategy Company, OKI will continue to help build the sustainable society advocated in the SDGs as a corporate group that helps create safe and convenient infrastructure for customers and society as a whole through the key Japanese concepts of "Mono-zukuri" and "Koto-zukuri".

• *Mono-zukuri: to have the spirit and mind-set to innovate, create and improve products
• *Koto-zukuri: to work together, proactively seeking opportunities that deliver value to customers

About OKI Electric Industry (OKI)

Founded in 1881, OKI Electric Industry (OKI) is Japan's leading information and telecommunication manufacturer. Headquartered in Tokyo, Japan, OKI provides top-quality products, technologies, and solutions to customers through its info-telecom systems and printer operations. Its various business divisions function synergistically to bring to market exciting new products and technologies that meet a wide range of customer needs in various sectors. Visit OKI's global website at https://www.oki.com/.

• * Information in the press releases is current on the date of the press announcement, but is subject to change without prior notice.