Mr. Amane Horiuchi

Under the wing of current President and Representative Director Mr. Amane Horiuchi, the Company has aimed to achieve this mid-long term goal by working with third parties to offer new products and services, and to develop new marketing channels.The nominated directors will continue to implement strategies to achieve the Company's mid-long term goal, such as strengthening synergies with the Companyfs parent, Hikari Tsuhin, Inc., and its affiliates.

New Directors
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Each of the following Directors' terms of office will expire at the close of the extraordinary shareholders' meeting scheduled for June 28, 2002: Mr. Amane Horiuchi, President and Representative Director; Mr. Shinya Kinoshita, CFO and Director; and Mr. Koji Yamamoto, Director.

TOKYO and NEW YORK, April 1 /PRNewswire-FirstCall/ -- Crayfish Co., Ltd. (Nasdaq: CRFH) (MOTHERS: 4747) ("Crayfish" or "the Company"), a leading provider of e-mail hosting services (service-mark "DESKWING") and other Internet-related services for small and medium-sized enterprises ("SME's") in Japan, announced today that its board of directors has appointed Mr. Amane Horiuchi, who is currently a director of the Company and its Director of Engineering Planning Group, as President and Representative Director.The appointment is effective today.Mr. Horiuchi has succeeded Mr. Shenqiu Liu as President and Representative Director.
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After constructing the basis of the second step, the Company has decided to focus upon developing new products and services under the wing of new President and Representative Director Mr. Amane Horiuchi by utilizing his experience and specialty in order to increase its profitability further.

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Mr. Amane Horiuchi was born in Nagano Prefecture in Japan on January 6, 1971 and has the following professional background: he worked seven years at SOPIA Co., Ltd. and established Shamrock Research Institute Inc. in 1996.He also served as an executive director of the computer department of Universal Trading Co., Ltd. in 1999.He has been working for the Company since October 2000.

About Crayfish

Founded in 1995, Crayfish Co., Ltd. (CRFH) of Tokyo, Japan, is a leading provider of e-mail services to small and medium-sized businesses in Japan, offering customized, reliable and expandable e-mail services and Internet solutions under the brand name "DESKWING".Crayfish has its American Depository Shares (ADSs) listed on NASDAQ National Market (ticker: CRFH) in the USA, and its common shares listed on MOTHERS (ticker: 4747) in Japan.Crayfish Co., Ltd. headquarters is located at WICS Bldg. 6F, Ikebukuro 2-2-1, Toshima-ku, Tokyo 171-0014, Japan.

Under the wing of current President and Representative Director Mr. Amane Horiuchi, the Company has aimed to achieve this mid-long term goal by working with third parties to offer new products and services, and to develop new marketing channels.The nominated directors will continue to implement strategies to achieve the Company's mid-long term goal, such as strengthening synergies with the Company's parent, Hikari Tsuhin, Inc., and its affiliates.

New Directors

...
Each of the following Directors' terms of office will expire at the close of the extraordinary shareholders' meeting scheduled for June 28, 2002: Mr. Amane Horiuchi, President and Representative Director; Mr. Shinya Kinoshita, CFO and Director; and Mr. Koji Yamamoto, Director.