BNY Mellon Appointed as Depositary Bank by UBIC, Inc.

NEW YORK, May 21, 2013 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, has been appointed by UBIC, Inc. as depositary bank for its American depositary receipt (ADR) program, the first ADR capital raising by a Japanese firm since 2009. Each UBIC ADR represents one-fifth of a common share and trades on NASDAQ under the symbol "UBIC." UBIC's common shares trade on the Tokyo Stock Exchange under the code "2158."

UBIC provides Asian-language eDiscovery solutions and services to support litigation, administrative proceedings and investigations. UBIC has extensive eDiscovery and forensic expertise, with information documented in Japanese, Korean, Chinese and English.

"The current strategic goal of UBIC is to expand our presence in the United States, penetrating U.S. law firms in order to win their business in Asia," said Seitaro Ishii, CFO of UBIC. "The ADR listing is a critical step in achieving this goal."

"UBIC's capital raising in the U.S. is a classic example of the use of DRs to support a company's efforts to expand its global footprint and shareholder base," said Christopher M. Kearns, CEO of BNY Mellon's Depositary Receipts business. "Japanese issuers have long regarded the U.S. as an important capital market. We hope UBIC's ADR program will encourage a new generation of Japanese firms to see DRs as an effective instrument for growing their business worldwide."

Demand by global investors for exposure to Japanese equities has been a factor in the creation of non-capital raising DRs from Japan in recent years. Twenty-three "over-the-counter" DR programs were established in 2012 to create an added source of liquidity in overseas markets for Japanese companies, representing such industries as electronics, pharmaceuticals and chemicals.

BNY Mellon acts as depositary for more than 2,700 American and global depositary receipt programs, acting in partnership with leading companies from 68 countries. BNY Mellon is committed to helping securities issuers access the world's rapidly evolving financial markets and delivers a comprehensive suite of depositary receipt services. Learn more at www.bnymellon.com/dr

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 36 countries and more than 100 markets. As of March 31, 2013, BNY Mellon had $26.3 trillion in assets under custody and/or administration, and $1.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Learn more at bnymellon.com, or follow us on Twitter @BNYMellon

This release is for informational purposes only. BNY Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.

SOURCE BNY Mellon

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