| TOKYO, JAPAN, September 30, 1999 --- NTT Mobile Communications Network, Inc. ("NTT DoCoMo") will establish U.S. subsidiaries in California's Silicon Valley in early November 1999, the company announced today. The subsidiaries will consist of two companies: NTT DoCoMo USA, Inc. ("DoCoMo USA"), which will serve as a holding company in the U.S., and DoCoMo Communications Laboratories USA, Inc.("DoCoMo Laboratories USA"). DoCoMo USA will be established as a wholly owned subsidiary of NTT DoCoMo, and DoCoMo Laboratories USA will be wholly owned by DoCoMo USA. (Note: Names of both subsidiaries are tentative.) NTT DoCoMo has decided to set up a U.S. operation to promote the globalization of the IMT-2000 next-generation mobile communications system, as well as strengthen its Internet-related technologies. DoCoMo USA will manage and coordinate the parent company's venture investments and R&D activities in the United States, while DoCoMo Laboratories USA will serve as an R&D center that will explore new mobile Internet and advanced software development technologies, as well as adapt existing technologies.
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Outline of new companies
| 1. | Location: | Silicon Valley, California, USA | ||||||
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| 2. | Capital and Shareholder: | |||||||
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| 3. | Presidents (tentative) | |||||||
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| 4. | Others | |||||||
| Following the establishment of DoCoMo USA, DCM Investment, Inc. (established in March 1996), currently NTT DoCoMo's wholly owned U.S. subsidiary, will be wholly owned by DoCoMo USA. | ||||||||
Outline of DCM Investment, Inc.
| 1. | Establishment: | March 1996 |
| 2. | Capital: | 20.12 million US$ |
| 3. | Shareholder: | NTT Mobile Communications Network, Inc. (100%) |
| 4. | President: | Ayami Hidaka |
| 5. | Location | Boston, Massachusetts, USA |
| 6. | Business | Investment in telecommunication-related companies and venture funds |
Attachment: Planned Structure of U.S. Subsidiaries(.pdf)
