NCR to Move Corporate Headquarters to Georgia

Fortune 500 company’s headquarters relocation, new ATM manufacturing facility will bring a total of 2,120 jobs to state

Governor Sonny Perdue announced today NCR will dramatically increase its presence in Georgia, relocating its corporate headquarters to Duluth moving 1,250 jobs to the state. The Fortune 500 company, the world’s leading provider of ATMs, self-checkout and other innovative assisted- and self-service solutions, will also establish a state-of-the-art manufacturing plant in Columbus that will employ an additional 870 people over the next five years.

“Today’s announcement is just the latest example of how strong the relationship is between this great multi-national company and our state,” said Governor Perdue. “Georgia is truly a one stop shop as a headquarters location for a worldwide leader such as NCR. We look forward to helping the company thrive thanks to our global business environment, outstanding education and workforce development initiatives and a quality of life that is second to none.”

NCR’s decision to locate its ATM production in Columbus follows its announcement in October 2008 that it will establish a global Center of Excellence in Peachtree City. The Center will see NCR co-locate several key components of its Worldwide Customer Service operations and create 916 jobs over 26 months. NCR's retail line of business is already based in Duluth. The company is creating or retaining a total number of 3,036 jobs in Georgia based on all three phases of the project.

NCR will take advantage of an aggressive leadership training program delivered by the University System of Georgia’s Intellectual Capital Partnership Program (ICAPP). In addition, the company will partner with the Georgia Research Alliance (GRA) and the Georgia Institute of Technology’s College of Computing, Health Systems Institute, Industrial and Systems Engineering School and College of Management to keep its management, products and services on the leading edge of innovation. Georgia Quick Start will also provide the company with a customized new program targeted at leadership and innovation training. The Columbus facility will produce advanced technology that enables consumers to use ATM kiosks for a growing range of financial transactions, such as no-envelope, intelligent deposit. The company will begin recruiting immediately and will transfer all ATM manufacturing for North America to the new facility by the end of 2009.

“The decision to consolidate functions in Georgia and build a technology focused corporate headquarters campus is right in line with our business strategy to drive growth, improve our innovation output, increase productivity and continually upgrade our focus on the customer,” said Bill Nuti, NCR’s chairman and chief executive officer. “We will decrease time-to-market for innovative solutions, improve our internal collaboration, deliver next generation employee education programs and lower our current operating costs. NCR is already benefiting from Georgia’s pro-business environment through our existing operations. For example, we have recently created NCR University, working in partnership with world-class academic institutions in Georgia.”

NCR’s total investment will be $30 million and annual payroll will exceed $150 million, enabling the company to take advantage of the Mega Job Tax Credit newly updated by the Georgia Legislature and signed into law by Governor Perdue.

NCR joins 13 other Fortune 500 companies and 29 other Fortune 1,000 companies located in Georgia, including the corporate headquarters for AGCO, AFLAC, The Coca-Cola Company, Delta Air Lines, The Home Depot, Merial, Mueller Water Products, Newell-Rubbermaid, Porsche and UPS. Among the attributes that help multinational companies thrive in the state are:

Global access

o Georgia is home to the world’s busiest airport and the world’s largest airline, serving 6 continents and 180 U.S. destinations with non-stop
service.
o Georgia has more than half a million foreign-born residents served by more than 100 consulates, international trade offices and bi-national
chambers of commerce as well as numerous cultural organizations.
o Georgia’s 10 international offices in Europe, Asia and the Americas connect companies to global business opportunities.

Talented workforce pool

o Georgia ranks 4th in the U.S. at attracting newcomers, with a net gain of about 315,000 new residents between 2005 and 2007.
o Georgia has a young population and strong in-migration. More than half the population is ages 20-54, and over 100,000 people move here each
year.
o The Atlanta region is 1st in the U.S. for growth in highly-educated people ages 25-34 — the most coveted demographic in the nation.

Top-ranked academic institutions

o The University System of Georgia is among the largest in the country, graduating around 44,000 students each year.
o College enrollment in metro Atlanta is growing faster than in any other top U.S. higher education center, and is outpacing the rate of population
growth in the metro region.
o The Atlanta region’s rate of growth in number of degrees awarded is 2nd-highest in the country.

Quality of life

o Georgia is the only state in the U.S. that guarantees state high school graduates who have a “B” average or better a free technical or university
education through the HOPE Scholarship program.
o Georgia’s cost of living is below the national average.
o Georgia’s mild climate leads not only to few workplace interruptions due to weather events, but the ability for citizens to take advantage of
outdoor activities year-round.

About NCR Corporation
NCR Corporation (NYSE: NCR) is a global technology company leading how the world connects, interacts and transacts with business. NCR’s assisted- and self-service solutions and comprehensive support services address the needs of retail, financial, travel, healthcare, hospitality, entertainment, gaming and public sector organizations in more than 100 countries.
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