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February 20, 2001
eAccess Ltd.

eAccess Expands ADSL Services to Nagoya Region

TOKYO, February 20, 2001 - eAccess Limited ('eAccess'), a broadband IP service company based in Tokyo, today announced that it will offer asymmetric digital subscriber line (ADSL) Internet access service in NTT central office areas in Nagoya. The company plans to open a branch in Nagoya and to build out commercial services in the eastern seaboard region of Japan.

eAccess already works with Internet service providers in the greater Tokyo region and Kyoto-Osaka-Kobe region as a wholesale provider of ADSL services. The company will follow the same policy in offering ADSL lines in the Nagoya region wholesale to partnering ISPs that wish to provide ADSL services to end users.

eAccess plans to start co-locating its ADSL equipment in NTT central offices in the Nagoya region in the first quarter of fiscal 2001. An announcement about the service rollout to specific areas of Nagoya will be made in the near future.

Currently, eAccess offers ADSL services in 93 areas of greater Tokyo and in 29 areas of the Kyoto-Osaka-Kobe region where NTT permits interconnecting carriers to operate. Work is now underway with a view to expanding coverage by May 2001 to a total of 290 NTT central office areas, including 200 in Tokyo and 90 in the Kyoto-Osaka-Kobe region.

In a separate announcement, eAccess said today that it has raised an additional 5.0 billion Yen from sales of its shares to third-party investors. Added to the equity offering completed in February 2000, the proceeds raised to date through private equity placement amount to 9.5 billion Yen in total.

With this financial backing, eAccess plans to construct a fiber-optic IP backbone and to explore the possibilities of optical network services, as detailed in a separate announcement today. In addition, the company plans to build infrastructure for providing content and ASP services and to further expand the geographic coverage of its last-mile network based on DSL technology in the Nagoya region and elsewhere.

eAccess was established in November 1999 as a broadband data communications company, focusing on DSL, Internet Protocol (IP) services and solutions to customers.
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eAccess Ltd.

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