Kamakura Corporation and Sumisho Computer Systems Team Up for Japan Risk Management: SCS to distribute Kamakura Risk Manager in Japan

NEW YORK, July 21, 2010 -  Kamakura Corporation and Sumisho Computer Systems today announced an alliance to distribute the Kamakura enterprise-wide risk management system Kamakura Risk Manager in Japan. Kamakura Corporation, with more than 200 clients in 33 countries, was founded in Japan in 1990 but now has its world headquarters in Honolulu. Sumisho Computer Systems Corporation ("SCS") is a leading Tokyo-based information technology company. Listed on the first section of the Tokyo Stock Exchange, SCS is involved in the development of software and the provision of information processing services. It is also engaged in the sale of computer systems, as well as the construction, operation and management of information communications networks. SCS's solution products include its Enterprise Resource Planning solutions and related data platform solutions. SCS has 15 subsidiaries and six associated companies.

Mr. Yoshinori Imai, Senior Vice President in the Financial Systems Solution Unit of Sumisho Computer Systems, said today, "The impact of the September 2008 'Lehman Shock' in Japan has brought risk management to the forefront of management concerns in the financial services industry in Japan.  Japanese institutions require the best available risk management technology and business partners who know Japanese markets and Japanese financial institutions.  The RISK Technology Rankings 2009 rated Kamakura number one in both asset and liability management and in liquidity risk management. We're extremely pleased to partner with the number one-ranked risk management firm in the world, Kamakura, and to further extend Kamakura's 20 years of success in the Japanese markets."

Kamakura's President Warren A. Sherman said Wednesday, "We are honored to announce today's partnership with Sumisho Computer Systems.  Kamakura Corporation has prided itself on long lasting and productive relationships with its business partners, and we are looking forward to many decades of success with Sumisho Computer Systems and our mutual clients in Japan."

Toshio Murate, General Manager for Kamakura Corporation in Japan, added, "It is extremely important to Japanese clients that they have the best possible risk management technology and a business partner with a very large physical presence in Japan.  Moreover, they need a risk vendor and information technology partner who thoroughly understand Japanese markets and Japanese institutions.  The combination of Sumisho Computer Systems' expertise and Kamakura's 20 years of experience in Tokyo make this a very powerful combination for our Japanese clients."

About Sumisho Computer Systems

Sumisho Computer Systems Corporation (SCS), founded in 1969, offers a wide range of system integration services to companies not only in Japan but worldwide.

SCS aims to be in the first tier in the IT services industry, focusing on three strategic business domains: the industry-specific application business, which utilizes expert knowledge in each industry to customize system architecture to client needs; the ERP solutions business, which includes proprietary packaged software; and the platform solution business, which concentrates on IT architecture services for the creation of IT systems. SCS will provides clients with service they can trust and of the highest quality.

SCS is listed on the first section of the Tokyo Stock Exchange with ticker symbol 9719.

Founded in 1990, Honolulu-based Kamakura Corporation is a leading provider of risk management information, processing and software. Kamakura, along with its distributor Fiserv, was ranked number one in asset and liability management analysis and liquidity risk analysis in the RISK Technology Rankings in 2009. Kamakura Risk Manager, first sold commercially in 1993 and now in version 7.1, was also named in the top five for market risk assessment, Basel II capital calculations, and for "risk dashboard." Kamakura was also ranked in the RISK Technology Rankings 2008 as one of the world's top 3 risk information providers for its KRIS default probability service.  The KRIS public firm default service was launched in 2002, and the KRIS sovereign default service, the world's first, was launched in 2008. Kamakura has served more than 200 clients ranging in size from $3 billion in assets to $1.6 trillion in assets. Kamakura's risk management products are currently used in 33 countries, including the United States, Canada, Germany, the Netherlands, France, Austria, Switzerland, the United Kingdom, Russia, the Ukraine, Eastern Europe, the Middle East, Africa, Australia, Japan, China, Korea and many other countries in Asia.

For more information contact

Kamakura Corporation
2222 Kalakaua Avenue, Suite 1400, Honolulu, Hawaii 96815
Telephone: 1-808-791-9888
Facsimile: 1-808-791-9898
Information: [email protected]
Web site: www.kamakuraco.com