August 26, 2014

 

Company: SOURCENEXT Corporation

Noriyuki Matsuda, President and CEO

(Code: 4344 Tokyo Stock Exchange 1st Section)

Contact: Administration Group

Fumihiko Aoyama, Director

TEL: 03-6430-6406

 

 

SOURCENEXT forms Business Alliance with Les Trois Elles SAS

(Tokyo, Japan –August 26, 2014) SOURCENEXT Corporation, announced today that they have officially signed a contract on August 26, 2014 to form a business alliance with Les Trois Elles SAS (henceforth referred to as "Les Trois Elles").


1. Background for Business Alliance

Les Trois Elles are the developers of "Montessori 1st Operations", an educational app which applies a 100 year old proven pedagogy to teach children the basics of operations such as addition, subtraction, etc. The app is mainly designed for kids age 5 to 8, and is developed by teachers that have years of experience in teaching children. Through the use of "monsters", the app introduces four very important concepts (addition, subtraction, doubles/halves, odd/even) to children in a fun and entertaining way.

By taking the popular content-driven apps developed by Les Trois Elles, SOURCENEXT aims to collaborate their knowledge and experience in the planning / marketing / developing of software to take bring forth growth and new business opportunities for both parties.


2. Details of Business Alliance

Through this alliance, SOURCENEXT will be carrying out the sales of Les Trois Elles’ Android app, "Montessori 1st Operations" in the Japanese region.

3. Les Trois Elles –Company Overview

 

(1)

Corporate Name

Les Trois Elles SAS

(2)

Office Location

5-7 rue d’Hauteville 75010 Paris, France

(3)

Representative

Gaël de Dorlodot, President

(4)

Main Businesses

Developing educational apps which not only helps to educate, but also provides highly entertaining contents.

(5)

Founded

July, 2010

 

4. Future Forecasts

Through the business alliance with Les Trois Elles, SOURCENEXT plans to market their products in the Japanese region. Although SOURCENEXT see the financial impact from this partnership to be minimal for the Fiscal Year ending March 2015, they believe that in the long run, this partnership will lead to increased corporate value in the years to come.

If any major impacts to the company’s financial standings become evident from this partnership, SOURCENEXT will make announcement of the facts on a timely basis.