September 20, 2016

 

Company: SOURCENEXT Corporation

Noriyuki Matsuda, President and CEO

(Code: 4344 Tokyo Stock Exchange 1^st Section)

Contact: Administration Group

Fumihiko Aoyama, Managing Director

TEL: 03-6254-5231

 

SOURCENEXT Forms Business Alliance with Planner 5D

 

(Tokyo, Japan –September 20, 2016) SOURCENEXT Corporation announced today that they have officially signed contract on September 2, 2016 to form a business alliance with the Lithuanian development company "Planner 5D". Details of the announcement as below:

 

1.      Background of Business Alliance

　　　Planner 5D is a development company based in Lithuania, who own the interior designing app, "Planner 5D". The app allows users to redesign their rooms, room layouts, to easily design a room of their own. It comes with three different modes –a 2D mode for easy operation, a 3D mode for checking the room layout from various perspectives, and even a VR mode. The app is popular around the world and has marked over 10 million users worldwide^*1.

By taking this highly potential product brought forth by Planner 5D, SOURCENEXT aims to collaborate their knowledge and experience in the planning / marketing / development of smartphone apps, to bring forth further growth and new business opportunities for both parties

*1: Includes Free Trial versions. As of September, 2016. Based on study by Planner 5D.

 

2.      Details of Business Alliance

　　　SOURCENEXT will distribute Planner 5D’s app, "Planner 5D", in the Japanese region.

 

3.      Corporate Overview

(1)	Corporate Name	Planner 5D
(2)	Office Location	Vaidilutės 79, Vilnius 10100, Lithuania
(3)	Representative	Sergey Nosyrev CEO
(4)	Main Businesses	Development and sales apps
(5)	Founded	October, 2011
(6)	URL	https://planner5d.com/

 

4.      Dates

(1)	Agency Decision	September 20, 2016
(2)	Contract Signing	September 20, 2016
(3)	Begin Partnership	October, 2016 (expected date)

 

5.      Future Forecasts

　　　Although SOURCENEXT see the financial impact from this partnership to be minimal for the Fiscal Year ending March 2017, they believe that in the long run, this partnership will lead to increased corporate value in the years to come. If any events or issues arise which may affect future business performances, SOURCENEXT shall promptly make notice of such.