PDF DOWNLOAD August 1, 2019

FRONTEO USA, Inc. Announces Change to US Leadership

July 31, 2019

 

FRONTEO Announces the Change to U.S. Leadership

 

TOKYO, July 31, 2019 ̶ FRONTEO, Inc.(“FRONTEO”) today announced a change to the US leadership of its subsidiary, FRONTEO USA, Inc. (“FRONTEO USA”). FRONTEO has appointed Yutaka Okura as CEO of FRONTEO USA effective August 1st.

 

As a wholly-owned direct subsidiary of FRONTEO, FRONTEO USA is a global technology and services company specializing in service and litigation consulting for the eDiscovery market in North America. This change in leadership is aimed at accelerating growth in the North American market and achieving the overall business plan of FRONTEO.

 

New CEO

Yutaka OKURA

 

Appointment Date

Thursday, August 1, 2019

 

Yutaka OKURA’s Biography

Mr. Okura joined FRONTEO in 2019, bringing his more than 20 years of international sales, strategy with operations expertise, and executive management experience in leading tech business organizations to his role with the company.

 

As the CEO of FRONTEO USA, Mr. Okura is expected to manage the company’s strategic direction and its performance, and is expected to bring thought leadership, operational excellence, multi-cultural and people skills needed for success in a fast-paced, AI-driven LegalTech business.

 

Prior to joining FRONTEO, Mr. Okura held senior leadership positions at various global companies including Square Enix (US HQ in Los Angeles and UK), Google (US HQ in Mountain View and Japan) and Sony (Japan HQ, France, US and Venezuela).

 

 

About FRONTEO, Inc.

FRONTEO, Inc. (“FRONTEO”) (NASDAQ: FTEO) (TSE: 2158) supports the analysis of big data based on behavior informatics by utilizing its technology, “KIBIT”. FRONTEO’s KIBIT technology is driven by FRONTEO artificial intelligence based on knowledge acquired through its litigation support services. KIBIT incorporates experts’ tacit knowledge, including their experiences and intuitions, and utilizes that knowledge for big data analysis. FRONTEO continues to expand its business operations by applying KIBIT to new fields such as healthcare and marketing. FRONTEO was founded in 2003 as a provider of e-discovery and international litigation support services. These services include the preservation, investigation and analysis of evidence materials contained in electronic data, and computer forensic investigation. FRONTEO provides e-discovery and litigation support by making full use of its data analysis platform, “Lit i View”, and its Predictive Coding technology adapted to Asian languages. The company name was changed from UBIC, Inc. to FRONTEO, Inc. as of July 1, 2016.

 

For more information about FRONTEO, contact global_pr@fronteo.com or visit https://www.fronteo.com/global/.

 

 

Safe Harbor Statement

This announcement contains forward-looking statements. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the amount of data that FRONTEO expects to manage this year and the potential uses for FRONTEO’s new service in intellectual property-related litigation, contain forward-looking statements. FRONTEO may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about FRONTEO’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: FRONTEO’s goals and strategies; FRONTEO’s expansion plans; the expected growth of the data center services market; expectations regarding demand for, and market acceptance of, FRONTEO’s services; FRONTEO’s expectations regarding keeping and strengthening its relationships with customers; FRONTEO’s plans to invest in research and development to enhance its solution and service offerings; and general economic and business conditions in the regions where FRONTEO provides solutions and services. Further information regarding these and other risks is included in FRONTEO’s reports filed with, or furnished to the Securities and Exchange Commission. FRONTEO does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments is as of the date of this press release, and FRONTEO undertakes no duty to update such information, except as required under applicable law.

 

CONTACT: FRONTEO Global PR

global_pr@fronteo.com