June 16, 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 Stellar Information Technology (P) Ltd.
(Tokyo, Japan –June 16, 2015) SOURCENEXT Corporation announced today that as of June 16, 2015, they have formally signed into a business alliance with "Stellar Information Technology (P) Ltd." (henceforth referred to as "Stellar Data Recovery") a development company with headquarters in India. Details of the alliance as follows:
1. Background of Business Alliance
Stellar Data Recovery are the one of the leading companies in the world that deal in the development of data recovery software for photos, videos, and various other multimedia files. They provide high quality products and services targeted towards both enterprise and consumers, in over 190 countries around the world and have over 2 million users*1 using their products. They have also been awarded the "2015 CIO CHOICE AWARD", which recognizes and honors products, services and solutions that are highly acclaimed in the B2B platforms.
By taking the rich knowledge and experience that SOURCENEXT has gained from planning / marketing / developing various software and collaborating this with the potentials in Stellar’s software, SOURCENEXT aims to bring forth new growth and opportunities for both parties.
[Track Record] Companies that have adopted Stellar Data Recovery products / services:
Dell Inc. |
International Business Machines Corporation |
SUZUKI MOTOR CORPORATION |
THE BANK OF TOKYO Ltd. |
Google Inc. |
DAIKIN INDUSTRIES, Ltd. |
TOSHIBA CORPORATION |
Canon Inc. |
Microsoft Corporation |
Nissan Motor Co., Ltd |
Mitsubishi Motors Corporation |
Toyota Kirloskar Motor Pvt Ltd |
Amazon.com, Inc. |
Sony Corporation |
16. Honda Siel Cars India Ltd. |
Nippon Express Co., Ltd. |
Royal Philips |
Samsung Group |
Hewlett-Packard Company |
General Electric Company |
The Coca-Cola Company |
McDonald's |
Johnson &Johnson |
Unilever PLC |
(*1) As of May 2015, Based on surveys run by Stellar
2. Details of Business Alliance
Through this alliance, SOURCENEXT will be carrying out the sales of Stellar Data Recovery’s data recovery software, "Stellar Phoenix Windows Data Recovery" and "Stellar Phoenix Photo Recovery" to consumers in the Japanese region.
3. Stellar Corporate Overview
(1) |
Corporate Name |
Stellar Information Technology (P) Ltd. |
(2) |
Office Location |
D-18, Infocity II, Sector 33, Gurgaon India |
(3) |
Representative |
Co-Founder &CEO: Sunil Chandna |
(4) |
Business Description |
Development and sales of data recovery and repair, data erasure, email migration and management software / services / solutions |
(5) |
Founded |
August 1993 |
(6) |
URL |
4. Future Forecasts
Although SOURCENEXT see the current financial impact from this partnership to be modest for the Fiscal Year ending March 2016, they believe that in the long run, this partnership will lead to increased corporate value in years to come.
If in the future, any major impacts to the business performances become evident, SOURCENEXT shall disclose of such facts in a timely manner.