09/13/2013

 

Company: SOURCENEXT Corporation

Noriyuki Matsuda, CEO

Code:4344 Tokyo Stock Exchange 1st section

Contact: Administration Group

Fumihiko Aoyama, Director

TEL 03-6430-6406

Announcement of Business Alliance with Tongbu Networks

 

SOURCENEXT Corporation announced today that they have agreed to form a business alliance with Xiamen

Tongbu Networks Co., Ltd. (hereafter referred to as "Tongbu Networks") and have officially signed a contract with them, as of September 13th, 2013. Details of the alliance are as described below.

 

1. Background of Business Alliance

Tongbu Networks is the provider of the popular service, "AirDroid" which has had about 20 million

downloads and received a steady rating of 4.7 from users of the Android App Market, "Google Play".

Through this collaboration with Tongbu Networks, SOURCENEXT plans to utilize their planning / developing / marketing strengths they hold in the Japanese software industry to further expand upon the future possibilities for both parties.

 

2. Objective of Business Alliance

SOURCENEXT plans to launch and handle the sales of Tongbu Networks’ "AirDroid" in the Japanese egion.

"AirDroid" is an app which allows people to control / manage their Android device from a remote PC web

browser.

 

3. Tongbu Networks –Corporate Summary

(1)

Company Name

Xiamen Tongbu Networks Co., Ltd.(同步网有限公司) is a company based

in China, which focuses on providing innovative and advanced phone

maintenance / management tools for improving users’ mobile device

experiences. Founded in 2010 by CEO Anson Shiong and invested by Dr. Kai-Fu

Lee –Chairman of Innovation Works and also ex-president of Google Greater

China –and by Cai Wensheng, Chairman of 4399.com, Tongbu Networks is today

one of the top providers of mobile apps / tools which continues to show rapid

growth worldwide.

(2)

Office Location

Wanghai Rd. 2, Software Park 2 Xiamen, Fujian Province, China

(3)

Representative

CEO Anson Shiong

 

4. Future Forecasts

SOURCENEXT aims to launch and handle sales of Tongbu Networks’ "AirDroid" in the Japanese region, and

although profit-wise, the financial impact of this alliance may be minimal for this fiscal year (ending March

2014), they expect that it will contribute greatly to sales in the next fiscal year (April 2014 to March 2015).