This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

IIJ Completes Acquisition Of Subsidiary From AT&T Japan

TOKYO, Sept. 1, 2010 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (IIJ) (Nasdaq:IIJI) (TSE1:3774), one of Japan's leading Internet access and comprehensive network solutions providers, today announced that it has acquired a 100% stake in the new subsidiary established by AT&T Japan LLC, as announced in IIJ's press release dated June 1, 2010. (*1) This acquisition makes the company a 100% owned subsidiary of IIJ, and it will begin operations today under the name IIJ Global Solutions Inc. ("IIJ-Global").

IIJ-Global will continue to provide WAN and other domestic network outsourcing service businesses which it succeeded from AT&T Japan. IIJ-Global also plans to provide highly value-added network services by integrating with IIJ Group's abundant network solution services to create greater customer satisfaction.

(*1) Press release URL:

Outline of IIJ Global Solutions Inc.
(1) Company name IIJ Global Solutions Inc.
(2) Location Headquarters: Shinnikko-Building, 2-10-1 Toranomon, Minato-ku, Tokyo
(3) Business  
  Commencement Date September 1, 2010
(4) Capital To be confirmed after transfer of business is completed, but
    currently as estimated JPY 490 million.
(5) Shareholders Internet Initiative Japan Inc. (100%)
(6) Principal business Provides WAN and other domestic network outsourcing services
  activities and international network related services
(7) Number of Employees 245 employees (as of September 1, 2010)
(8) Officers Senji Yamamoto, Chairman and Representative Director
    Toshinori Iwasawa, President and Representative Director
    Tatsuo Nishimata, Executive Managing Director
    Hiroto Tabuse, Senior Managing Director
    Tomofumi Sekiyama, Executive Director
    Hiroaki Tusno, Executive Director
    Koichi Suzuki, Director (Part-time)  (President and CEO of IIJ)
    Hideshi Hojo, Director (Part-time)  (Senior Managing Director of IIJ)
    Kazuhiro Ohira, Statutory Auditor (Company Auditor of IIJ)
    Akihisa Watai, Statutory Auditor (CFO and Managing Director of IIJ)
(9) Company URL (Japanese Only)

About IIJ

Founded in 1992, Internet Initiative Japan Inc. (IIJ) (Nasdaq:IIJI) (Tokyo Stock Exchange TSE1:3774) is one of Japan's leading Internet-access and comprehensive network solutions providers. IIJ and its group of companies provide total network solutions that mainly cater to high-end corporate customers. The company's services include high-quality systems integration and cloud computing/data center services, security services, Internet access, and content distribution. Moreover, the company has built one of the largest Internet backbone networks in Japan, and between Japan and the United States. IIJ was listed on NASDAQ in 1999 and on the First Section of the Tokyo Stock Exchange in 2006. For more information about IIJ, visit the IIJ Web site at .

The Internet Initiative Japan Inc. logo is available at

The statements within this release contain forward-looking statements about our future plans that involve risk and uncertainty. These statements may differ materially from actual future events or results. Readers are referred to the documents furnished by Internet Initiative Japan Inc. with the SEC, specifically the most recent reports on Forms 20-F and 6-K, which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
CONTACT:  Internet Initiative Japan Inc.
          Corporate Communications

company logo

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
IIJI $9.83 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%
TSLA $240.76 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs