04/24/2014

 

Company: SOURCENEXT Corporation

Noriyuki Matsuda, CEO

Code:4344 Tokyo Stock Exchange 1st section

Contact: Administration Group

Fumihiko Aoyama, Director

TEL 03-6430-6406

Business Partnership Contract Signed with Toca Boca AB

 

SOURCENEXT Corporation announced today that it has signed a business partnership contract with Toca Boca AB (Toca Boca) on April 24, 2014.

 

1. Reasons for the Partnership

Toca Boca makes kids applications for tablets and smartphones. They have won various awards, including gold in Parents Choice Awards multiple times, Best Game App in iKids Awards, and the 2013 KAPi Most Pioneering Team in Children's Technology. Both companies intend to develop further by combining Toca Boca's high quality products and SOURCENEXT’s planning, development and sales skills based on their experience.

 

2. Details of the Partnership

Through this partnership, SOURCENEXT plans on releasing Toca Boca’s various intellectual training applications for children in the Japanese region.

 

3. Outline of the Partnership

(1)

Company Name

Toca Boca AB

(2)

Location

Kungstensgatan 23B 113 57 Stockholm, Sweden

(3)

Representative

Björn Jeffery, CEO

(4)

Business Outline

Toca Boca is a Swedish company that provides applications for kids. It is part of the BONNIER group, which has over 175 media related companies in 15 countries. Applications provided by the company enjoy high reputation and have been receiving various awards in the west.

(5)

Date Established

September, 2010

 

4. Future Forecasts

Although the impact which this business partnership would have may still be minimal for this fiscal year (ending March 2015), SOURCENEXT expects that it will make considerable contributions for further growth from the next term and onwards.