August 1, 2017

 

Company: SOURCENEXT Corporation

Noriyuki Matsuda, President and CEO

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

Contact: Administration Group

Fumihiko Aoyama, Managing Director

TEL: 03-6254-5231

 

 

SOURCENEXT Forms Business Alliance with Flexibits

 

(Tokyo, Japan –August 1, 2017) SOURCENEXT Corporation announced today that they have signed a contract with the U.S. software development company "Flexibits Inc." (henceforth referred to as "Flexibits") as of August 1^st , 2017. Details of the alliance as below.

 

1.      Background of Business Alliance

Flexibits is a software development company based in the U.S. who develop various Mac and iOS apps including "Fantastical 2 for Mac" –a calendar app. The app has been awarded the "Apple Design Award 2015" –a highly respected award presented to apps in the App Store which especially excels in its design. The app has a mini-calendar feature which allows users to check the calendar on the Menu Bar, as well as a full-calendar feature. It also supports Japanese language and automatically detects the text entered to configure new schedules.

By taking the highly potential products developed by Flexibits, SOURCENEXT aims to collaborate their knowledge and experience in the area of software planning / marketing / development, to bring forth even further growth and new business opportunities for both parties.

 

2.      Details of Business Alliance

SOURCENEXT will distribute the app, "Fantastical ­­­2 for Mac" (which Flexibits owns) in the Japanese region.

 

3.      Corporate Overview of Flexibits

(1)    Corporate Name	Flexibits Inc.
(2)    Office Location	223 Wall Street #238 Huntington, NY 11743 USA
(3)    Representative	Michael Simmons, CEO
(4)    Details of Business	Planning / Development / Sales of PC software
(5)    Founded	January 3, 2011

 

4.      Key Dates

(1)   Agency Decision for executing Partnership Agreement	August 1, 2017
(2)   Contract Signing Date	August 1, 2017
(3)   Begin Partnership	August 2017 (Expected Date)

 

5.      Future Forecasts

　　　Although SOURCENEXT see the financial impact from this partnership to be minimal for the Fiscal Year ending March 2018, they believe that in the long term, this partnership will lead to increased corporate value in the years to come. If any events or issues arise which may affect future business performances, SOURCENEXT shall promptly make notice of such.