PPOL Names Hideo Ohkubo Chairman and CEO Nobuo Takada to Remain on Board of Directors ORANGE, Calif., July 28 /PRNewswire-FirstCall/ -- PPOL, Inc. (OTC:PPLC) (BULLETIN BOARD: PPLC) today announced the appointment of the company's founder and Honorary Chairman, Hideo Ohkubo, 49, to the board of directors as Chairman and to the position of Chief Executive Officer. He succeeds Nobuo Takada who will focus on his other business interests, while remaining a Director of PPOL. "As founder of PPOL, I am pleased to be taking an active role in the Company at this important time as we establish our new subsidiary, GateFor, to launch the Japanese version of the BridgeGate software recently licensed from Object Innovation," said Hideo Ohkubo, Chairman and Chief Executive Officer of PPOL. "BridgeGate is now being translated and integrated with security software to meet the needs of the Japanese market and we expect to launch the product in October of this year." Mr. Ohkubo continued, "PPOL has made significant progress under Nobuo Takada's leadership. We are pleased that he will remain on our board of directors and thank him for his continued support." Mr. Ohkubo established Shin Nihon Kouhan in 1980 which later became known as Forval Corporation (Forval). Today, Forval is one of Japan's leading telecommunications companies providing hardware, software and related services to meet Japan's growing demand in these important areas. Mr. Ohkubo has served as Forval's President since 1980, leading Forval throughout its continuing growth. He is the author of a book titled "Learn from Bushido, 48 rules" and earned the First Entrepreneur Grand Prize by the New Business Conference. Mr. Ohkubo holds a Bachelors degree from Kokugakuin University. About PPOL PPOL, Inc. is a California-based holding company whose primary asset is AJOL of Tokyo, Japan. AJOL actively promotes the interactions of the members of Acube, an organization sponsored by AJOL, through conferences and speaking engagements conducted by AJOL's President and CEO, Yoshihiro Aota. In addition, through their own interactions, Acube members spread the word about MOJICO hardware and drive growth of related services. Many members serve as MOJICO hardware distributors of Acube and MOJICO hardware, and they develop membership businesses featuring interaction and distribution of related products and services among all members. Through the use of AJOL's MOJICO hardware, members can network and communicate using hand-written Japanese characters, including Kanji whose full meaning cannot be adequately communicated through the present fonts of a computer. Members across Japan use the service to find other subscribers and to establish interpersonal relationships, and access other services such as insurance unique to Acube, mail order purchases, the handling of partner-affiliated services, event planning, as well as products and services offered under AJOL's Kamome brand. In April 2004 PPOL announced its new strategy to grow the Company through the early stage identification of proven and promising low-cost target U.S.- and European-developed technologies that it can quickly introduce into Japan thereby creating a significant lead over competitors. Via PPOL's network in Japan, software products can be localized and sold with local support provided either by PPOL staff or its marketing partners. Certain information contained herein includes information that is forward-looking. The matters referred to in forward-looking statements may be affected by the risks and uncertainties involved in the Company's business. These forward-looking statements are qualified in their entirety by the cautionary statements contained in the Company's Securities and Exchange Commission filings. Shareholders, potential investors and other readers are urged to consider these factors in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements included herein are only made as of the date of this news release, and PPOL undertakes no obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances, except as required under applicable laws. For further information, please contact: Investor Relations, Ina McGuinness, or Zachary Bryant, , both of Lippert/Heilshorn & Associates, +1-310-691-7100, for PPOL, Inc. DATASOURCE: PPOL, Inc. CONTACT: Investor Relations, Ina McGuinness, or Zachary Bryant, , both of Lippert/Heilshorn & Associates, +1-310-691-7100, for PPOL, Inc.

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