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America Online to launch Japanese Internet service

March 26, 1997

TOKYO (AP) _ America Online Inc. is launching a Japanese-language Internet service April 15 in cooperation with a major newspaper and a Japanese trading company.

AOL, the main online service provider in the United States, will join the Nihon Keizai Shimbun and major trading house Mitsui and Co. in launching the service, which will have the same features as AOL’s English service.

AOL will offer a monthly service at $8 for three hours of usage and $4 for each additional hour. There will be no entry fee and there are no plans for content surcharges, AOL said.

AOL Japan President Shigeki Nishioka said he is confident that AOL Japan will soon become the country’s largest Internet service.

The company will set up 34 access sites nationwide, covering about 80 percent of the population.

AOL Japan is owned 50 percent by AOL, 40 percent by Mitsui and 10 percent by Nikkei.

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