Impress Subsidiary ThinkIT Corporation Appoints a New Director

Tokyo, Dec. 10, 2004 -- Impress Holdings, Inc.(TSE: 9479), announced today the appointment of a new director at its subsidiary ThinkIT Corporation.

New Management Framework at ThinkIT (As of December 10, 2004)

President and CEO: Naoki Shigematsu

Director: Masanobu Iseri (also a director at Impress Holdings, Inc.)

Director (newly appointed): Koji Araya