IIJ Global to Establish Offices in China and Thailand
August 30, 2011 2:49 PM
TOKYO, Oct. 14, 2011 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc. (IIJ) (Nasdaq: IIJI) (TSE1:3774) 100% owned subsidiary and developer of WAN services for corporate clients, IIJ Global Solutions Inc. (IIJ Global), today announced the decision to establish a subsidiary in the People's Republic of China and a representative office in the Kingdom of Thailand as detailed below.
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Background and objectives
IIJ Global's mission is to provide IT services to Japanese corporations that are operating overseas, and since the establishment of the company in September 2010, there has been much discussion about opening offices overseas to give traction to the IIJ Group's entrance into Asia. In order to respond more quickly to the growing demand for IT services by our clients in the Asian market, we also felt that it was imperative for us to establish bases overseas as soon as possible.
There are already many Japanese companies operating in China creating a steady demand for IT services there, and with the goal of eventually offering IT services and network equipment in the local market, we decided to open a sales office in Shanghai to begin establishing a strong presence there.
In Thailand we have established a local office in Bangkok, our first foray into Southeast Asia, and this office will collect information about the economy and market trends in Thailand and develop strong ties with Japanese companies doing business in Thailand.
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Outline of the subsidiary in the People's Republic of China
Company name IIJ Global Solutions China Inc. Establishment February, 2012 (planned) Location Shanghai, People's Republic of China Business System integration services and technology consulting Capital US $1.3 million Ownership IIJ Global 100% -
Summary of the representative office in the Kingdom of Thailand
Office name IIJ Global Solutions Inc., Bangkok Representative Office Establishment 27-Sep-11 Location Bangkok, Kingdom of Thailand Activities Collection information about the Thai market, etc.
IIJ Global provides global network services to clients that are already operating overseas, but after the offices open in China and Thailand, the IIJ Group's development overseas will become even stronger, and we will continue to provide cloud services and a wider range of IT solutions.
About IIJ-Global
IIJ Global Solutions Inc. (IIJ-Global) was established in September 2010 as an IIJ Group company by acquisition of AT&T Japan's local Network Outsourcing service business. IIJ-Global provides WAN Connectivity Services and Total Network Outsourcing Services from designing to building and managing corporate networks for enterprises. Not only limited to domestic but also offers Global network services. For more information about IIJ-Global, visit the IIJ-Global Website at http://www.iijglobal.co.jp/en/.
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 http://www.iij.ad.jp/en/.
The Internet Initiative Japan Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=4613
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.







