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May 31, 2005
eAccess Ltd.
(Code Number: 9427)

eAccess and NIFTY agree to work jointly on the commercialization of
the potential MVNO business

eAccess Ltd. (Headquarters: Minato-ku, Tokyo; Representative Director, Chairman & CEO Sachio Semmoto) and NIFTY Corporation (Headquarters: Shinagawa-ku, Tokyo; Representative Director, President Tatsuzumi Furukawa) have announced that they have reached an agreement to jointly assess the possibilities of NIFTY providing MVNO (Mobile Virtual Network Operator*) services based on the W-CDMA and HSDPA mobile broadband network which eAccess is currently testing.

eAccess and NIFTY have been partners since 2000 which eAccess provides wholesale ADSL services to NIFTY. Currently the two companies signed a memorandum of understanding, whereby they have agreed to jointly study the mobile broadband business.

eAccess and NIFTY will work together to seek various possibilities for the mobile broadband services, and promote new ideas to enrich the everyday lives of their customers.

END


* MVNO (Mobile Virtual Network Operation)
A mobile operator that does not own its mobile infrastructure, but instead leases the facility for sale to its users.



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