April 21, 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 ZVT Inc. Limited

(Tokyo, Japan April 21, 2015) SOURCENEXT Corporation, announced today that they have officially signed a contract on April 21, 2015 to form a business alliance with ZVT Inc. Limited (henceforth referred to as "Zinstall"). Details of the announcement as below:

 

1.      Background of Business Alliance

    Zinstall is one of the leading companies in the world which focuses on the development of disaster recovery and migration software for mainly PC’s (migration of data assets), and provides them to a broad audience including enterprise and consumers.

SOURCENEXT plans to partner up with ZVT to distribute their software as consumer solutions for migrating PC environments to the new Microsoft OS, "Windows 10" (expected to be released this summer).

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

   

2.      Details of Business Alliance

   SOURCENEXT will exclusively distribute Zinstall’s migration software, "Zinstall Migration Kit Pro" (consumer edition)*1 in the Japanese region.

*1 Does not include rights for licensed or bundled sales

 

3.      Corporate Overview –ZVT Inc. Limited

(1)

Corporate Name

ZVT Inc. Limited

(2)

Office Location

1A Arcade House, Temple Fortune, London, NW11 7TL, United Kingdom

(3)

Representative

Director David Steward

(4)

Main Businesses

Development and sales of PC migration software

(5)

Founded

May, 2010

(6)

Homepage

http://www.zinstall.com/

 

 

 

4.     Future Forecast

Although SOURCENEXT see the financial impact from this partnership to be minimal for the Fiscal Year ending March 2016, they believe that in the long run, 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.