Disclaimer

March 23, 2001

Japan Inc Communications, Inc. (herein referred to as JIC) makes no representations about the accuracy of the information, data, advertisements, graphics, or other content contained in any JIC website, e-mail newsletter, or print publication, including but not limited to the J@pan Inc print and online magazine, JIN, and other email newsletters, J@pan Inc Investor Insight, and any other media channel owned or produced by JIC. Content produced by JIC may from time to time include technical inaccuracies or typographical errors. Statements on product or service quality, price, or other features are only opinions and should not be relied on as guarantees nor as offers for sale.

ALL SUCH CONTENT IS PROVIDED WITHOUT WARRANTY OF ANY KIND. JIC, ITS RELATED COMPANIES, AND ANY RESPECTIVE SUPPLIERS, AND THEIR EMPLOYEES, MANAGERS, AND OWNERS HEREBY DISCLAIM ALL WARRANTIES WITH REGARD TO THIS CONTENT, INCLUDING ALL IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OF OWNERSHIP, AND NON-INFRINGEMENT.

In no event shall JIC, its related companies, or any respective suppliers be liable for any special, indirect, or consequential damages, or any damages whatsoever, resulting from the loss of use, data, or profits, whether in an action of contract, negligence, or other legal action, arising out of or in connection with the use or performance of content available from this or any other JIC website, print magazine, or e-mail newsletter.

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JIC Inc. staff writers and editors do not write about businesses, ventures, or financial institutions or securities that they own or in which they hold substantial financial interest unless such ownership or interest is disclosed. Freelance writers and editors engaged by JIC undertake to abide by this same limitation. Full-time regular employees of JIC may from time to time hold stock options, stocks, or other interests in JIC Inc.

Data, information, views, opinions, and recommendations of JIC or other individuals or companies provided in any JIC media channel are intended for informational purposes only and are not intended for trading or other financial or commercial purposes.

Neither staff nor freelance writers or editors accept money, services, or in-kind advertising in exchange for coverage of companies, persons, topics, products, securities, or markets.

JIC from time to time purchases goods and services from companies and individuals who are mentioned in one or more JIC channels. JIC neither seeks nor accepts any special consideration in the purchases of these goods and services for such coverage.

JIC shall not be held liable for any inaccuracies, errors, or omissions in, nor for any delay in provision thereof, for content delivered through J@pan Inc print or online magazine, J@pan Inc Investor Insight, JIN or any email newsletter, nor in any other media channel owned or produced by JIC.