February 20, 2015

 

Company: SOURCENEXT Corporation

Noriyuki Matsuda, President and CEO

(Code: 4344 Tokyo Stock Exchange 1st Section)

Contact: Administration Group

Fumihiko Aoyama, Managing Director

TEL: 03-6430-6406

 

 

SOURCENEXT forms Business Alliance with Mobo Studio S.C.

(Tokyo, Japan –February 20, 2015) SOURCENEXT Corporation, announced today that they have officially signed a contract on February 19, 2015 to form a business alliance with Mobo Studio S.C. (henceforth referred to as "Mobo Studio". Details of the business alliance are as described below.

 

1.      Background for Business Alliance

    Mobo Studio are the developers of the Android app, "Talking Clock Pro" –a timer (alarm) app which notifies users of the time using voice recordings. The app has practical uses in both business and also for personal use, and is suited for a wide range of users.

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

 

2.      Details of Business Alliance

   Through this business alliance, SOURCENEXT will be carrying out the sales of Mobo Studio’s Android app, "Talking Clock Pro" in the Japanese region.

 

3.      Mobo Studio –Corporate Overview

(1)

Corporate Name

Mobo Studio S.C.

(2)

Office Location

POLAND, 02-736 Warsaw, Wróbla 51

(3)

Representative

Andrzej Awramiuk

(4)

Main Businesses

Mobile Development company

(5)

Founded

2009

 

4.      Future Forecasts

 Through the business alliance with Mobo Studio, 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.