IIJ-Tech Invests in DreamArts
Internet Initiative Japan Inc. (“IIJ”, NASDAQ: IIJI, TSE1: 3774), one of Japan’s leading Internet-access and comprehensive network solutions providers, today announced that IIJ Technology Inc. (“IIJ-Tech”), IIJ’s 72.1% owned subsidiary, acquired a 17.1% of stake in DreamArts Corporation (“DreamArts”) on January 31, 2007.
Through this investment, IIJ-Tech will seek synergies between its expertise in IP network engineering and systems construction, and DreamArts’ expertise in the development and sales of business applications and group software. IIJ-Tech also plans to enhance cooperation with DreamArts in the systems integration business.
About IIJ
Founded in 1992, Internet Initiative Japan Inc. (IIJ, NASDAQ: IIJI, TSE1: 3774) is one of Japan’s leading Internet-access and comprehensive network solutions providers. The company has built one of the largest Internet backbone networks in Japan, and between Japan and the United States. 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 security services, Internet access, hosting/housing, and content design.
About IIJ-Tech
IIJ Technology Inc. (IIJ-Tech) was established in November 1996 to carry on IIJ’s superior network technology and forward vision to provide the system building and operation services that customers want. IIJ-Tech builds Internet business systems and corporate information systems, as well as builds and operates many primary business systems and systems for e-commerce, financial transactions, ISP/ICP, extranets, intranets, and ASPs. More information about IIJ-Tech is available at http://www.iij-tech.co.jp/.
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.