This is to announce that Apo Plus Station K.K. (Headquarters: Chiyoda-ku, Tokyo, Representative: Takehisa Ozaki, “APS”) has acquired a majority shareholding in Synergy International, Inc. (Headquarters: Chiyoda-ku, Tokyo, Representative: Toshiaki Shichino, “SYG”). In support, on April 26, 2011 we undertook capital raising for APS through our wholly managed and operated J-STAR Number One Investment Limited Partnership.

SYG was established in 1992 by Toshiaki Shichino. It provides communication and content delivery services such as advertising and production for the health care and medical science fields. SYG’s global information collecting ability is built on its many years producing records for foreign medical conferences. In addition, SYG is highly successful delivering planning and production services to such notable areas as oncology, rare diseases and other areas of unmet medical needs.

After becoming J-STAR’s portfolio company in September 2010, APS has established itself as a “Solution Partner” for the pharmaceutical industry with its CSO business providing Medical Representative contracting and staffing services. Connecting capital and business operations with SYG will create a one-stop service to meet the wide-ranging needs of the pharmaceutical industry

Following this acquisition, SYG’s operating structure will continue under President Shichino and existing management. We will arrange for part-time officers at SYG, assist in the establishment of a framework for business cooperation between SYG and APS and provide our support to all management and employees. To ensure efficient business operations, we intend to establish a holding company under which APS and SYG will be structured.

Global Partners Consulting Inc provided accounting and tax due diligence services. Mr. Wataru Higuchi and Mr. Hiromitsu Yamauchi of Seiwa Meitetsu Law Office provided legal due diligence.

Apo Plus Station K.K. Company Outline
Established: July 2010 (Founded: October 1993)
Address: 2-7-2 Fujimi, Chiyoda-ku, Tokyo
Representative: Takehisa Ozaki
Employees: 480
Description: CSO business, pharmacy business, contract & staffing for medical care personnel

Synergy International, Inc. Company Outline
Established: September 1992
Address: 3-4-6 Surugadai, Chiyoda-ku, Tokyo
Representative: Toshiaki Shichino
Employees: 40
Description: Medical communications business, specialty medical science publishing business

Regarding acquisition of shares of Synergy International, Inc. by Apo Plus Station K.K. and capital raising for Apo Plus Station K.K.