TOKYO, June 1, 2010 (GLOBE NEWSWIRE) -- Internet Initiative Japan Inc.
("IIJ") (Nasdaq:IIJI) (TSE1:3774) today announced that it has revised
its full FY2010 consolidated financial targets from the targets
announced on May 14, 2010.

1. Revision for Consolidated Financial Targets for FY2010

[Full FY2010 (From April 1, 2010 to March 31, 2011)]




                                                                                  
                                                                                  
  ------------------------------------------------------------------------------- 
                                                                                  
                                             Income                   Basic Net   
                                             before                     Income    
                                             Income                  attributable 
                                               Tax      Net Income        to      
                                 Operating   Expense   Attributable     IIJ per   
                       Revenues   Income    (Benefit)     to IIJ        Share     
  -------------------  --------  ---------  ---------  ------------  ------------ 
                                                                                  
                          JPY       JPY        JPY                                
                       millions   millions   millions  JPY millions       JPY     
  -------------------  --------  ---------  ---------  ------------  ------------ 
                                                                                  
  Previous Target (A)    71,000      4,300      3,700         2,600     12,836.72 
  -------------------  --------  ---------  ---------  ------------  ------------ 
                                                                                  
  New Target (B)         84,500      4,800      4,100         3,000     14,811.60 
  -------------------  --------  ---------  ---------  ------------  ------------ 
                                                                                  
  Change (B-A)           13,500        500        400           400               
  -------------------  --------  ---------  ---------  ------------  ------------ 
                                                                                  
  Change (%)               19.0       11.6       10.8          15.4               
  -------------------  --------  ---------  ---------  ------------  ------------ 
                                                                                  
                                                                       
  Results for FY2007     68,006      3,412      2,859         2,234     11,030.38 
  -------------------  --------  ---------  ---------  ------------  ------------ 



2. Reason for Revision

IIJ has announced today in the press release "IIJ to Acquire Subsidiary
from AT&T Japan LLC to make it Wholly Owned Subsidiary," to acquire the
shares of AT&T Japan's subsidiary on September 1, 2010 (planned).

As a result, IIJ's full FY2010 consolidated financial targets were
revised accordingly to reflect the effect from this acquisition. First
half FY2010 consolidated financial targets remain unchanged.

Target for full FY2010 cash dividend, announced on May 14, 2010, is
unchanged. IIJ targets cash dividend of JPY2,500 per share of common
stock.

(*) The above target for FY2010 consolidated financial results are
based on information currently available at the time of announcement
and the actual results may differ from the target due to various
factors.

About IIJ

Founded in 1992, Internet Initiative Japan Inc. is one of Japan's
leading Internet-access and comprehensive network solutions provider.
IIJ and its group companies provide total network solutions that mainly
cater to high-end corporate customers. The company's services include
high-quality systems integration and security services, Internet
access, hosting/housing, and content design. Moreover, the company has
built one of the largest Internet backbone networks in Japan, and
between Japan and the United States. IIJ was listed on NASDAQ in 1999
and on the First Section of the Tokyo Stock Exchange in 2006. For more
information about IIJ, visit the IIJ Web site at
http://www.iij.ad.jp/en/.

The Internet Initiative Japan Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=4613

The statements within this release contain forward-looking statements
about our future plans that involve risk and uncertainty. These
statements may differ materially from actual future events or results.
Readers are referred to the documents furnished by Internet Initiative
Japan Inc. with the SEC, specifically the most recent reports on Forms
20-F and 6-K, which identify important risk factors that could cause
actual results to differ from those contained in the forward-looking
statements.


CONTACT:  Internet Initiative Japan Inc.
          IIJ Finance Department
          Ms. Yuko Kazama
          +81-3-5259-6500
          ir@iij.ad.jp
          http://www.iij.ad.jp/