Panopticon to expand operations to Japan
18 April 2006, London, Tokyo: Panopticon, the leading supplier of visual business intelligence tools, has signed a non-exclusive resale agreement with Lightstone Corp, a specialist in localising software for the Japanese market.
Lightstone will translate Panopticon’s software and supporting documentation, beginning with Panopticon Enterprise .NET, and sell it to Japanese clients in the financial services industry. As well as the traditional banking and securities houses, Panopticon and Lightstone will be targeting Japan’s growing internet trading sector.
Commenting on the deal, Panopticon co-founder and CEO Willem De Geer said, “We are delighted to be working with Lightstone to take this step into the Japanese marketplace. With over a decade of experience in the field, Lightstone is the ideal partner to help us bring our next generation visual business intelligence tools to one of the world’s foremost financial centres.”
Koh Yong-Mo, President and CEO of Lightstone said, “Panopticon has an impressive product that will appeal to many of the key financial institutions in Japan. This fits perfectly with our own strategic direction and I look forward to a fruitful relationship between our two companies.”
Panopticon provides state-of-the-art visual business intelligence tools to the financial, telecoms and other industries. More than 150,000 people use Panopticon on a daily basis for, among others, critical decision-making, CRM and fraud detection. Its market-leading tools produce clear and concise interactive visual representations of complex data sets enabling swift analysis and decision-making.
Founded in 1995, Lightstone Corp specialises in the localisation and sales of scientific, engineering and econometric software.
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