UBIC Announces Closing of Its U.S. Initial Public Offering of American Depositary Shares

UBIC

today announced the closing of its U.S. initial public offering of 1,100,000 American Depositary Shares ("ADSs"), with each five ADSs representing one share of the company's common stock, at a price to the public of US$8.38 per ADS. The gross proceeds to the company from the U.S. initial public offering were $9,218,000, before underwriting discounts and commissions and other offering expenses payable by the company. The company has granted the underwriters a 45-day option to purchase up to an additional 165,000 ADSs at the initial public offering price to cover over-allotments, if any. Maxim Group LLC and The Benchmark Company, LLC acted as the joint book-running managers of the offering. This offering was made only by means of a prospectus. A copy of the prospectus relating to the offering may be obtained for free by visiting the U.S. Securities and Exchange Commission website at http://www.sec.gov. Alternatively, a copy of the prospectus relating to the offering may be obtained from Maxim Group LLC, 405 Lexington Ave, New York, NY 10174, (800) 724-0761. A registration statement relating to these securities has been filed with the U.S. Securities and Exchange Commission and has become effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About UBIC, Inc. UBIC, Inc. is a leading provider of Asian-language eDiscovery solutions and services. UBIC has extensive eDiscovery and forensic experience and expertise with information documented in Japanese, Korean, Chinese as well as English languages, and applies its expertise in connection with cross-border litigation, administrative proceedings and internal investigations, including those related to anti-trust investigations, intellectual property (IP) litigation, the Foreign Corrupt Practices Act (FCPA) and product liability (PL) investigations. UBIC serves its clients, including leading law firms, corporate legal departments and government agencies, from offices in Japan, the United States, South Korea, Taiwan, Hong Kong and the United Kingdom.