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IIJ Completes Acquisition of Exlayer Global Inc. and Established a New Subsidiary IIJ Exlayer Inc.

April 02, 2012

TOKYO-April 2, 2012-Internet Initiative Japan Inc., (IIJ, NASDAQ: IIJI, TSE1: 3774), one of Japan's leading Internet access and comprehensive network solutions providers, today acquired the stocks of Exlayer Global Inc.("Exlayer Global") from its existing shareholders. Exlayer Global is a holding company with overseas subsidiaries in the system integration industry. The newly acquired company will begin its operation as IIJ's subsidiary under the name IIJ Exlayer Inc.

Exlayer Global owns five overseas subsidiaries and has developed its business with high engineering skills in the SI and IT project management fields and with its reliabilities. Their strength lies in their business development ability in many countries, and with its strong presence among Japanese-owned local corporations, Exlayer Global has been steadily expanding its business.

IIJ, together with IIJ Global Solutions Inc., one of its subsidiaries, is expanding its overseas offices mainly in Asia and is accelerating its global business development by providing services such as Cloud services in the United States, China, and Asia. For IIJ Group to further accelerate its global business, IIJ has decided to make Exlayer Global its subsidiary. We believe the expertise and human resources that Exlayer global and its group companies had built could better help IIJ Group to accelerate its international business development.

IIJ Exlayer will continue to leverage IIJ Group's Cloud services and wide range of network solutions to strengthen business infrastructure in foreign countries and leads IIJ Group's international business development together with IIJ and IIJ Global.

Summary of IIJ Exlayer, Inc.,

Name IIJ Exlayer Inc.
Established October 1, 2009
Headquarters 2-4-4 Shintomicho, Chuo-ku, Tokyo
Capital JPY 10 million
Fiscal year ends December 31
Business Supervising as a holding company for overseas system integration (SI) subsidiaries.
Executives Representative and Managing Director Kenji Sakata IIJ Global Solutions Inc., Director and Executive Officer
Director
(part time)
Makoto Yamagishi IIJ Exlayer US LLC. President & CEO
Director
(part time)
Takahiro Yoshida IIJ Exlayer Europe Ltd. Director and CFO
Director
(part time)
Manabu Yamamoto IIJ Exlayer Europe Ltd. Managing Director
Director Takuto Hashimoto Executive Officer and COO
Director
(part time)
Koichi Maruyama Internet Initiative Japan Inc. Executive Officer. In charge of global business
Company Auditor Masao Ishizuka -
Company Auditor Junji Kita -
Subsidiaries
  • (England) IIJ Exlayer Europe Ltd.
  • (Germany) IIJ Exlayer GmbH
  • (USA) IIJ Exlayer USA LLC.
  • (Singapore) IIJ Exlayer Singapore Pte Ltd.
  • (Hong Kong) IIJ Exlayer H.K. Ltd
Employees 76 as of March 31, 2012
Total revenues About JPY 800million(Consolidated, as of December, 2011)

About IIJ

Founded in 1992, Internet Initiative Japan Inc. 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, 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 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 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.

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