September 17, 2014
SOURCENEXT Corporation
Noriyuki Matsuda, President and CEO
(Code: 4344 Tokyo Stock Exchange 1st Section)
Contact: Administration Group
Fumihiko Aoyama, Director
TEL: 03-6430-6406
Agreement signed with MicroWorld Technologies Inc, Allowing
SOUCENEXT to Sell "Cloud Security" to Worldwide Market
(Tokyo, Japan –September 16, 2014) SOURCENEXT Corporation announced today that they have officially signed an agreement with MicroWorld Technologies Inc. (henceforth, referred to as "MicroWorld") which allows them to sell their security suite, "Cloud Security ZERO" to the worldwide market. Details as below:
1. Details of Agreement
"Cloud Security ZERO" which was introduced into the Japanese market by SOURCENEXT on May of 2013, is developed by MicroWorld, using their security suite, "eScan" as base. "Cloud Security" is currently being sold in Japan through online channels such as SOURCENEXT’s own online store, SOURCENEXT eSHOP and is also placed in shelves of major electronic retail stores throughout Japan. Its abilities to detect latest viruses and other online threats using an always up-to-date cloud database, is one of the key features which makes it popular to consumers in Japan. With this new Agreement, SOURCENEXT now have the rights to sell the product not only to the Japanese market, but to the worldwide market, in English or in any other language. SOURCENEXT strongly believe that they will be able to attract even more new users from the worldwide market through this new opportunity.
2. Company Overview –MicroWorld Technologies
(1) |
Corporate Name |
MicroWorld Technologies Inc. |
(2) |
Office Location |
31700 W 13 Mile Rd, Ste 98 Farmington Hills, MI 48334 USA |
(3) |
Representative |
CEO and Managing Director Govind Rammurthy |
3. Product Details
"Cloud Security ZERO" is a security suite which is based upon MicroWorld’s "eScan Internet Security Suite" –sold in over 155 countries around the world and used by over 10 million users. One of the key factors which differentiates "Cloud Security ZERO" from the original "eScan" product is that it is offered with no annual renewal fees.
This "ZERO" brand is SOURCENEXT’s own security branding which promises that users will be able to use security software with no annual renewal fees, and can also be seen in other SOURCENEXT security products such as "Virus Security ZERO" and "Super Security ZERO". By offering different security products, all with no annual renewal fees, SOURCENEXT allow users to select the right security product suited for their budget and needs.
"ZERO" Branding Website: http://www.sourcenext.com/product/zero/home/