July 27, 2000

Fusion Wins Approval to Engage in Type I Telecommunications Business

On July 27, 2000, Fusion Communications Corporation received a Type-I telecommunications carrier license and a license for FWA (Fixed Wireless Access) from the Japanese Ministry of Posts and Telecommunications.

With these licenses, Fusion plans to obtain a four-digit carrier access code (00XY) as a Type-I telecommunications carrier and commence long-distance telephone services, Internet connection services, and VPN (Virtual Private Network) services nationwide from next spring.

Fusion will become a registered carrier with MYLINE/MYLINE PLUS, a carrier selection service which is to be launched in May 2001, and will offer long-distance telephone services at a low rate that is uniform nationwide, thus breaking with the traditional system of telephone rates that vary by distance.