Inspire Corporation (head office: Minato-ku, Tokyo, president: Makoto Naruke) has formed an alliance of both capital and business with Neo reality Co., Ltd. (head office: Minato-ku, Tokyo, chairman: Junichi Tanaka), whose main business is advertising agency and consulting. We are planning to develop a new community-based advertisement and marketing with Neo reality.

Inspire Corporation announces to have made the following executive personnel and organizational changes effective August 1, 2005.

Inspire Corporation (head office: Minato-ku, Tokyo, president: Makoto Naruke,) and INFOBAHN　Inc. (head office: Shibuya-ku, Tokyo, president: Hiroto Kobayashi,) have recently launched “Publishing Value Management Study Group” in order to break and develop the current situation of publishing culture in Japan.

Inspire Corporation (head office: Minato-ku, Tokyo, president: Makoto Naruke,) has launched “Study Group for LLP(Limited Liability Partnership) in Japan”　 in-house on May 1. Inspire Corporation has participated in “Study group on Limited Liability Partnership” which Ministry of economy, trade and industry established in last September as a private study group and has developed research and study about LLP in Japan on our own. In this occasion, we have decided to start full-fledged research activities in preparation for legislation next summer.

Inspire Corporation (head office: Minato-ku, Tokyo, president: Makoto Naruke) has completed to subscribe a part of new shares of Lucent Bridge (head office: Shinjuku-ku, Tokyo, president: Kiyoshi Kikuchi) allocated to a third party on this occasion. Business line of Lucent Bridge is authoring DVD contents etc,.