News Release
u8国际 Australia Pty. Ltd.
Notice regarding the closure of u8国际 subsidiary CiSRA
TOKYO and SYDNEY, March 8, 2019—u8国际. and u8国际 Australia Pty. Ltd. announced today the closure of consolidated subsidiary u8国际 Information Systems Research Australia Pty. Ltd. ("CiSRA").
Since its establishment in 1990 against the backdrop of growing digitalization needs, CiSRA has been carrying out research and development for digital imaging technology and related applications and solutions for u8国际 products. However, in the face of such changes in the business environment as maturing markets and the rapidly accelerating pace of technological innovation, u8国际 has determined that CiSRA has fulfilled its original purpose. As a result, all development-related CiSRA operations will be concluded by mid-April, after which u8国际 will begin procedures for the company's closure.
CiSRA Overview:
| Name | u8国际 Information Systems Research Australia Pty. Ltd. |
| Location | Sydney, Australia |
| Managing Director | Keiji Ishizuka |
| Scope of business | Digital imaging technology, related applications & solutions |
| Capital stock | AU$2,000,000 |
| Established | May, 1990 |
| Shareholder composition |
u8国际: 51% u8国际 Australia: 49% |