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Ongoing Company Timeline
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December 2000
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2000/12/1 - Second networking meeting of corporate
partners and entrepreneurs
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November 2000
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2000/11/17 - Mobile Internet Capital representatives
participate in the WIVA (Wireless Internet Venture Association)
conference in Berlin.
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October 2000
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2000/10/27 - First networking meeting
of corporate partners and entrepreneurs
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August 2000
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2000/8/4 - Meeting of corporate partners
held
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July 2000
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2000/7/10 - Our first Venture Forum is
held in the Tokyo Metropolitan Government HQ.
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June 2000
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2000/6/29 - Mobile Internet Capital representatives
participate in the WIVA (Wireless Internet Venture Association)
conference in Barcelona.
2000/6/15 - Mobile Internet Capital joins
the Japan Angel Association
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March 2000
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2000/3/9 - Agreement made to share information
with the Europe-based Wireless Internet Venture Association
(WIVA). The members of the association are Arts Alliance
(UK), Ericsson Innova (Spain), FinTech (Italy), Innovacom
(France), Sonera (Finland), 3i Technologieholding (Germany)
and Mobile Internet Capital (Japan).
2000/3/3 - First meeting of corporate partners
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February 2000
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2000/2/10 - The Number 1 Fund (Mobile Internet
Number 1 Limited Liability Fund), worth 6.55 billion Japanese
yen, is launched.
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January 2000
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2000/1/7 - First meeting of the board of
directors held, and selection of members of investment advisory
board made.
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November 1999
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1999/11/11 - Mobile Internet Capital Inc.
is established at the first official shareholders meeting.
Recruitment of investors begins.
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Press Release: October 18, 1999
NTT Mobile Communications Network, Inc.
IBJ Securities Co., Ltd.
Internet Research Institute, Inc.
Joint Establishment of a Venture Capital
Company
--Formation of a Fund Specializing in Mobile Communications
and Internet Businesses--
NTT Mobile Communications Network, Inc. ("NTT DoCoMo"), IBJ
Securities Co., Ltd. ("IBJS"), Internet Research Institute,
Inc. ("IRI"), and Ikuo Nishioka, former Chairman of Intel K.K.,
have agreed to jointly establish a venture capital company (the
"Company") to invest in mobile communications, internet and
related businesses. A Memorandum of Understanding was concluded
on October 14, 1999, and the Company is scheduled to be established
at the end of October 1999. The Company plans to raise a fund
to invest in mobile communications, Internet and related businesses
by the end of this year with investment to start in January
2000. The Company, through the fund, will provide financial
and managerial support to venture businesses engaged in developing
technologies, content and services in mobile communications
and Internet businesses. By assisting growth of the venture
businesses which are expected to play an important role in the
advanced technology area of the Japanese economy in the 21st
century, the Company aims to contribute to the development of
Japan's mobile communications and Internet industry. A profile
of the Company and other details are provided in the attachment.
Attachment
1. Profile of the Company (Proposed)
(1) Name : Mobile Internet Capital, Inc.
(2) Establishment : End of October 1999
(3) Head office : Minato-ku, Tokyo
(4) Representative : Ikuo Nishioka, Representative Director
(5) Capitalization : 100 million Japanese yen
(6) Share ownership : NTT Mobile Communications Network, Inc.
30% IBJ Securities Co., Ltd. 30% Internet Research Institute,
Inc. 30% Ikuo Nishioka 10%
(7) Role of shareholders : The major responsibilities of shareholders
are : NTT Mobile Communications Network, Inc. and Internet Research
Institute, Inc. -Evaluation of technologies and services IBJ
Securities Co., Ltd. -Provision of financial advice and support
of initial public offerings Ikuo Nishioka (and other venture
capitalists) -Investment evaluation and managerial advice
2. Outline of the Fund (Proposed)
(1) Assets under management: 5 billion Japanese yen (approx.)
(2) Areas of investment: Mobile communications, Internet and
related businesses
(3) Establishment: December 1999
(4) Name: (To be determined)
3. Profile of Shareholding Companies
NTT Mobile Communications Network, Inc. (NTT DoCoMo)
Established: July 1992
Address (Head Office): 10-1, Toranomon 2-chome, Minato-ku, Tokyo,
Japan
Representative: Keiji Tachikawa President
Capitalization: 474,499 million Japanese yen
IBJ Securities Co., Ltd. (IBJS)
Established: July 1993
Address (Head Office): 5-1, Otemachi 1-chome, Chiyoda-ku, Tokyo,
Japan Representative:Hiroshi Nakamura President
Capitalization: 50,000 million Japanese yen
Internet Research Institute, Inc. (IRI)
Established: December 1996
Address (Head Office): 12-13, Toranomon 5-chome, Minato-ku,
Tokyo, Japan
Representative:Hiroshi Fujiwara President & CEO
Capitalization: 350 million Japanese yen
4. Information
Contact persons at NTT DoCoMo and IRI :
NTT Mobile Communications Network, Inc. (NTT DoCoMo)
Masami Kawasaki, Public Relations Department
Tel: 03-5563-7045 Fax: 03-5572-6646
Internet Research Institute, Inc. (IRI)
Saeko Arai, Christopher Rowan, Public Relations
Tel: 03-5402-9800 Fax: 03-3578-9520