Tokyo, October 23, 2000 -- Shogakukan, Inc., Fujitsu Limited, and CAC Corporation have together founded a new company called NetAdvance,
which will offer digital content services in the knowledge field.
Headquartered in Tokyo, the new company will begin operations on
November 1.
The market for digital content has been growing explosively with
the spread of the Internet. This trend has, however, led to the
phenomenon of "information overload," which has brought about
increasing interest in knowledge management.
NetAdvance will not only concern itself with content services in the
knowledge field but will develop a broad range of services, including
consulting and system construction, operation and management, to
facilitate making use of content as knowledge.
The new company will benefit from the impressive array of assets and
experience of its three sponsoring companies: Shogakukan's rich
store of knowledge content, including encyclopedias, dictionaries
and maps, Fujitsu's @nifty Internet service business and diverse
content services, including detailed information on domestic and
overseas corporations, and CAC's expertise in system consulting,
construction, operation and management.
Focusing on knowledge content, the main asset of the publishing
industry, NetAdvance will leverage the advantages of the Internet
to construct various types of portal sites to offer everything from
general to specific information for both corporate and individual
users. It will also research and develop network editing
environments for creating online encyclopedias, dictionaries, and
other knowledge content.
NetAdvance Inc. at a Glance
(www.shogakukan.co.jp/netadvance)
| Headquarters: | Ogawa-cho 4-23, Shinjuku-ku, Tokyo, Japan |
| Incorporated: | October 18, 2000 |
| Capital: | 490 million yen (Shogakukan: 50%, Fujitsu 30%, CAC 20%) |
| President: | Masahiro Soga (Shogakukan) |
| Employees: | 10 (excluding board members) |
| Sales target: | 2 billion yen in 2002 |
* All company names mentioned may be trademarks or registered
trademarks of their respective holders and are used for
identification purposes only.
About Fujitsu Limited
Fujitsu Limited (TSE: 6702) is a leading provider of Internet-
based information technology solutions for the global marketplace.
Comprising over 500 group companies and affiliates worldwide --
including ICL, Amdahl and DMR Consulting -- it had consolidated
revenues of 5.26 trillion yen (US$49.6 billion) in the fiscal year
ended March 31, 2000. Fujitsu's pace-setting technologies, world-
class computing and telecommunications platforms, and global corps
of over 60,000 systems and services experts make it uniquely
positioned to unleash the infinite possibilities of the Internet
to help its customers succeed. Altogether, the Fujitsu Group has
188,000 employees and operations in over 100 countries.
Internet: http://www.fujitsu.com/
| Press contacts: |
Masanori Suzuki
Shogakukan, Inc., Network Content Division
Tel: +81-3-3230-5718
E-mail: masanori@shogakukan.co.jp
Eisuke Sato, Bob Pomeroy, Scott Ikeda
Fujitsu Limited, Public Relations
Tel: +81-3-3215-5236 (Tokyo)
Fax: +81-3-3216-9365
E-mail: pr@hq.fujitsu.co.jp
Kenichi Takashima
CAC Corporation, Publicity Service Dept.
Tel: +81-3-3263-7248
E-mail: pr@cac.co.jp
|