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February 20, 2006  

Siemens and NSU Launch World-class Technology Partnership
Siemens and NSU to Develop Demonstration Site for Infrastructure Technologies Spanning Communications, Building Automation, Energy, Medical and More; Will Collaborate on R&D

FORT LAUDERDALE-DAVIE, Fla. – February 13, 2006 – Siemens, the global technology and infrastructure company, has reached a 10-year strategic alliance with Nova Southeastern University (NSU), the nation’s seventh largest private, not-for-profit university. Under the agreement, Siemens will provide NSU with integrated communications solutions as well as medical, security, transportation and energy technologies.

NSU will become Siemens International Demonstration Site where current and potential Siemens customers can experience the most sophisticated technologies in a real world environment.  The two organizations will collaborate on the research and development of new technologies, applications and services.

“We are delighted to bring Siemens’ technologies and experience to our students, faculty, staff and the community as a whole,” said NSU’s President Ray Ferrero, Jr., J.D. “As a growing research university, we will be able to leverage the latest Siemens technologies, and incorporate them into our academic protocols, almost as soon as they reach the marketplace. This will help NSU continue to position itself as a pioneer in the application and development of new technologies in higher education.”

NSU will benefit from a range of services, including “Smart Card” technology, medical products and systems, security and fire prevention systems, bionics, mass transit, and energy systems.  These technologies will support NSU’s development of its “Academical Village”, a Jeffersonian concept that blends theory with practice in an academic setting.

“This partnership with NSU is providing students and researchers with a cutting-edge working environment to demonstrate how Siemens technologies help build and strengthen the global infrastructure,” said George Nolen, president and CEO of Siemens Corporation. “The 300 acre campus is an excellent setting to experience how our innovations are changing the way people around the world live, work and study.  It’s also an exciting alliance because we are bringing together the creativity and engineering knowledge of Siemens and NSU to improve existing technologies and invent new solutions that will benefit society.”

“Over the past ten years we have invested more than $168 million to keep at the cutting edge of knowledge delivery systems. This partnership will allow us to continue to stay at the forefront of technology that enhance the student experience in a more efficient and cost-effective manner in the future,” added NSU’s President Ferrero.

About Siemens
Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $96 billion in fiscal 2005. Founded nearly 160 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances.  With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $18.8 billion and employs approximately 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens' worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 460,000 people in 190 countries.  For more information on Siemens in the United States: www.usa.siemens.com.

About NSU

Nova Southeastern University, with its main campus in Fort Lauderdale-Davie, Florida, and student educational centers in Tampa, Orlando, Miami, West Palm Beach, and Jacksonville, Florida, and Las Vegas, Nevada, is the largest independent, not-for-profit institution of higher education in the Southeast, and the 7th largest nationally. It awards bachelor’s, master’s, educational specialist, doctoral, and first-professional degrees in a wide range of fields, including business, psychology, counseling, computer and information sciences, education, medicine, dentistry, pharmacy, optometry, nursing, law, marine sciences, and other social sciences. For more information: www.nova.edu