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

http://www.stellarinfo.com/

 

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.