Lenovo Recognized As A Leading North Carolina Tech Company

  Lenovo Recognized As A Leading North Carolina Tech Company

   Honored with Large Company Award During Annual North Carolina Technology
                           Association (NCTA) Gala

Business Wire

RESEARCH TRIANGLE PARK, N.C. -- November 09, 2012

At North Carolina’s most prestigious technology awards program, the North
Carolina Technology Association (NCTA) recognized Lenovo (HKSE: 0992) (PINK
SHEETS: LNVGY) for its contribution to the technology industry in the state
and worldwide by honoring the Company with the best award in the Large Company
category.

Given NCTA’s criteria, this award is based on achievements in revenue, product
innovation, market penetration, sales growth and employment expansion.
Lenovo’s recent milestones – highest record market share, revenue and
profitability results, innovative Ultrabooks™ and the addition of U.S.
manufacturing – played an important role in winning this award.

“We are truly honored to accept this award from NCTA,” said David Schmoock,
senior vice president and president, North America, Lenovo. “Lenovo is
experiencing enormous growth worldwide, and our U.S. executive headquarters in
Morrisville is the nerve center of that growth for North America. We’re proud
of our home here, where we have great employees and strategic partners. That’s
why we brought manufacturing to this state and continue to expand our
workforce.”

In a reversal of industry trends, Lenovo announced in October 2012 that the
Company will bring manufacturing of its ThinkPad line of laptops to the United
States. The U.S. Fulfillment center in Whitsett, N.C. will soon have a
manufacturing line and will add 115 manufacturing jobs in N.C.

“Since 1995, the NCTA 21 Awards has honored technological excellence and
innovation throughout North Carolina in 21 categories, representing the best
and brightest in technology and business. As a winner, Lenovo has
distinguished itself as one of the state’s technology leaders,” said Brooks
Raiford, president and CEO, NCTA.

Lenovo has grown into a $30 billion company and has been consistently
recognized for its innovative products across all divisions of the business.
The Company grew its N.C. workforce more than 30 percent in the past three
years to support Lenovo’s rapid growth in consumer and commercial markets in
North America and globally.

Today, Lenovo has more than 2,200 employees at its headquarters in the
Research Triangle Park area.

About Lenovo

Lenovo (HKSE: 992) (ADR: LNVGY), the world’s second-largest PC vendor, is a
$US30 billion personal technology company serving customers in more than 160
countries. Dedicated to building exceptionally engineered PCs and mobile
Internet devices, Lenovo’s business is built on product innovation, a
highly-efficient global supply chain and strong strategic execution. Formed by
Lenovo Group’s acquisition of the former IBM Personal Computing Division, the
company develops, manufactures and markets reliable, high-quality, secure and
easy-to-use technology products and services. Its product lines include
legendary Think-branded commercial PCs and Idea-branded consumer PCs, as well
as servers, workstations, and a family of mobile Internet devices, including
tablets and smart phones. Lenovo has major research centers in Yamato, Japan;
Beijing, Shanghai and Shenzhen, China; and Raleigh, North Carolina. For more
information see www.lenovo.com.

Contact:

Lenovo North America
Milanka Muecke, 919-257-5308
PR & Communications
mmuecke@lenovo.com
 
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