UBIC, Inc. (UBIC) Swings to Q3 Profit

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UBIC's AI Utilized by Mitsubishi Research Institute to Conduct Visualization Test of Consulting Project Summary Database

February 10, 2015 8:15 AM EST

NEW YORK, Feb. 10, 2015 (GLOBE NEWSWIRE) -- UBIC, Inc. (Nasdaq: UBIC) (TSE: 2158) ("UBIC" or "the Company"), a leading provider of international litigation support and big-data analysis services, today announced that the Company's AI technology was utilized by Mitsubishi Research Institute, Inc. ("MRI") to analyze its project summary database and visualize the database's contribution level to customers, social system and human resource development, as well as other valuable metrics.

MRI has been building a database of documents summarizing its research and consulting projects in order to evaluate the... More

UBIC, Inc. Reports Unaudited Fiscal Year Third Quarter 2015 Financial Results

February 10, 2015 8:00 AM EST

TOKYO, Feb. 10, 2015 (GLOBE NEWSWIRE) -- UBIC, Inc. (Nasdaq: UBIC) (TSE: 2158) ("UBIC" or "the Company"), a leading provider of Asian-language eDiscovery solutions and services, today announced its unaudited financial results for the fiscal third quarter ended December 31, 2014 (the "third quarter 2015"). All figures are prepared in accordance with the generally accepted accounting principles of Japan ("Japanese GAAP").

Third Quarter 2015 Financial Highlights

Net sales increased by 41.5% year over year to JPY1,561.7 million (US$13.0 million).... More