Kindai Kagaku Sha Becomes a Wholly Owned Subsidiary of Impress

Tokyo, Jun. 7, 2004 -- Impress Corporation (TSE: 9479) has purchased shares of Kindai Kagaku Sha Co., Ltd., making that company a wholly-owned subsidiary.

1. Objective of the Share Purchase
Kindai Kagaku Sha publishes books used as university textbooks in the fields of computer science, mathematics, and electronics as well as technical references for industrial engineers and has published articles for the Japan Society for Software Science and Technology and the Information Processing Society of Japan. Impress has acquired this company to expand the Groupfs business activities and enhance its corporate value as a media group focusing on areas of expertise.

2. Overview of Kindai Kagaku Sha
1) Company name: Kindai Kagaku Sha Co., Ltd.
2) Representative: Keiichiro Tsukamoto
3) Location: 7-15, Ichigaya Tamachi 2-chome, Shinjuku-ku, Tokyo
4) Date of establishment: May 7, 2004
*The former Kindai Kagaku Sha was established on August 21, 1959; however, on May 7, 2004, the publishing business was spun off through corporate separation to become an independent entity.
5) Primary business: Publishing and sale of computer science, electronics, and mathematics books
6) Fiscal year-end: December 31
7) Number of employees: 4
8) Capital: 10,000,000 yen
9) Number of outstanding shares: 200

3. Future Outlook
The Company does not expect this event to significantly affect consolidated results.