PPOL Announces Resignations of Yoshihiro Aota and Nobuo Takada LOS ANGELES, Dec. 14 /PRNewswire-FirstCall/ -- PPOL, Inc. (OTC:PPLC) (BULLETIN BOARD: PPLC) today announced the resignations of Yoshihiro Aota as Chief Operating Officer and a Director of PPOL and Nobuo Takada as a Director of PPOL, effective immediately. Mr. Aota also resigned his position as President and CEO of the Company's AJOL subsidiary, effective December 31, 2004. Hideo Ohkubo, Chairman and Chief Executive Officer of PPOL, stated, "We believe that there will be no material adverse affect on the day-to-day operations of AJOL in connection with Mr. Aota's resignation and that the current officers of AJOL are fully capable of effectively and efficiently managing AJOL consistent with AJOL's policies, procedures and business model." For more information please see today's related SEC filing on form 8-K. 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. 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 members 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. In November 2004, PPOL launched the first two technologies licensed under this strategy: BridgeGate, a Transformation and Exchange Infrastructure (TEI) that allows disparate data systems to be rapidly connected together to share data, without requiring major changes on either end, and which transforms that data from any format into any other format, and FileShelter, an antivirus and information security software. Via PPOL's GateFor subsidiary in Japan, U.S.- and European-developed technologies can be localized and sold by franchisees or 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. Investor Relations Contacts: Ina McGuinness/Zachary Bryant Lippert/Heilshorn & Associates (310) 691-7100 DATASOURCE: PPOL, Inc. CONTACT: Investor Relations, Ina McGuinness or Zachary Bryant, , both of Lippert/Heilshorn & Associates, +1-310-691-7100, for PPOL, Inc.

Copyright