November 2, 2015

 

Company: SOURCENEXT Corporation

Noriyuki Matsuda, President and CEO

(Code: 4344 Tokyo Stock Exchange 1^st Section)

Contact: Administration Group

Fumihiko Aoyama, Managing Director

TEL: 03-6430-6406

 

SOURCENEXT Forms Business Alliance with Dropbox

 

(Tokyo, Japan –November 2, 2015) SOURCENEXT Corporation announced today that as of October 23, 2015, they have formally signed into a business alliance with "Dropbox Ireland" (henceforth referred to as "Dropbox"). Details of the alliance as below:

 

1.      Background of Business Alliance

Dropbox is a company based in the U.S which was founded in 2007 and they provide the popular cloud storage service "Dropbox" to over 400 million users^*1 around the world. By collaborating the advanced cloud technologies provided by Dropbox with the knowledge and experience that SOURCENEXT has built up through the planning / marketing / developing of various software, SOURCENEXT aim to bring forth even more growth and new opportunities to both parties.

*1 Numbers as of March 2015. Based on studies by Dropbox. Total based on entire series.

 

2.      Product Description

　　　Dropbox is a popular, free cloud service –with over 400 million users around the world –which allows people to easily store and share their photos, movies, documents with almost anyone, anywhere. Extremely easy-to-use, all users have to do is to place the files and folders that they want to share into the designated folder (which gets created on install) and it gets automatically synched to other PC’s, smartphones and to the Dropbox website.

 

3.      Dropbox Corporate Overview

(1)	Corporate Name	Dropbox Ireland
(2)	Office Location	one park place hatch street dublin 2, Ireland
(3)	Description of Business	Development and sales of Cloud storage services
(4)	URL	http://www.dropbox.com/

 

4.      Future Forecasts

　　　SOURCENEXT plan to make the announcement of the products to be brought forth by this alliance with Dropbox, during this Third Quarter and also plan to make announcement of the schedule as well as more details become clear. They also plan to make prompt announcements of further future forecasts, as soon as the plans are decided and consolidated on.

Although SOURCENEXT see the financial impact from this partnership to be modest for the Fiscal Year ending March 2016, they expect that from the next fiscal year and onwards, this partnership will contribute in improving the company’s business performances.

 

　SOURCENEXT will continue to seek out new prospective products and services from around the world –focusing on the Silicon Valley –and introduce them into the Japanese market in the form most suited for this unique market and making tailored-made changes to help spread the products / services to Japanese users.