DAYTON, Ohio, Jan. 4 /PRNewswire/ -- NCR Corporation (NYSE: NCR) announced today that Mohsen Sohi has been named senior vice president of its Retail Solutions Division, succeeding Tony Fano who is retiring after 40 years with the company.

Sohi joins NCR after more than 14 years at AlliedSignal and its post- merger successor, Honeywell (NYSE: HON), having held increasingly senior management positions. Most recently, he served as president of Honeywell Electronic Materials, a business providing semiconductor fabrication materials and interconnect solutions with revenues of over $1 billion.

Sohi, whose appointment is effective immediately, will be responsible for NCR's retail business, including Web kiosk, self-checkout, electronic shelf label and point-of-sale solutions. Sohi will report to William (Bill) J. Amelio, executive vice president and chief operating officer of the Retail and Financial Group.

"Mohsen is a proven business leader and I'm very confident that he will bring to NCR the business and leadership skills necessary to guide our retail business forward," said Amelio. "I'm excited with the prospect of matching Mohsen's experience leading businesses to impressive growth with NCR's new retail solutions."

Over the next several weeks, Fano, who began his career at NCR in 1960, will work with Sohi during the transition of leadership.

"Our gratitude for Tony's substantial contributions over a very distinguished 40-year career at NCR is immeasurable," said Lars Nyberg, chairman and CEO of NCR. "Through Tony's extraordinary management, NCR is recognized as a global leader in the retail store automation industry, a key business portfolio at NCR."

Sohi, 41, holds an M.B.A. from The Wharton School at the University of Pennsylvania, a Doctor of Science in Mechanical Engineering from Washington University, and a B.S. in Mechanical and Aerospace Engineering from the University of Missouri.

About NCR Corporation

NCR Corporation (NYSE: NCR) is a US$6.2 billion leader in providing Relationship Technology(TM) solutions to customers worldwide in the retail, financial, communications, travel and transportation, and insurance markets. NCR's Relationship Technology solutions include privacy-enabled Teradata(R) warehouses and customer relationship management (CRM) applications, store automation and automated teller machines (ATMs). The company's business solutions are built on the foundation of its long-established industry knowledge and consulting expertise, value-adding software, global customer support services, a complete line of consumable and media products, and leading edge hardware technology. NCR employs 31,900 in 130 countries, and is a component stock of the Standard & Poor's 500 Index. More information about NCR and its solutions may be found at www.ncr.com .

NCR and Teradata are trademarks or registered trademarks of NCR Corporation in the United States and other countries. SOURCE NCR Corporation

CONTACT: John Hourigan of NCR Corporation, 937-445-2078, or john.hourigan@ncr.com /