Press Releases
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: http://www.iij.ad.jp/en/news/pressrelease/2010/0601-2.html 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 | http://www.iijglobal.co.jp/ (Japanese Only) |
CONTACT: Internet Initiative Japan Inc.
Corporate Communications
+81-3-5259-6310
press@iij.ad.jp
http://www.iij.ad.jp/en/
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