MobileWise and Mitsui Announce Initial Agreement

January 08, 2003 by Jeff Shepard

MobileWise Inc. (Palo Alto, CA) announced a preliminary agreement with Mitsui and Co. Ltd. (Japan) to exclusively distribute MobileWise's products in Japan. In the short time since the companies entered into an agreement, Mitsui has introduced MobileWise to key manufacturers.

"MobileWise is excited to work with Mitsui towards introducing our technology and products to the Japanese market," said Andy Goren, CEO of MobileWise. "It is an important step for us in implementing our global sales strategy. Japan is a primary source of brand name consumer electronics, and is a key market for MobileWise. Our choice of a business partner in Japan was clear. Mitsui has a remarkable, unmatched expertise in introducing foreign technology ventures into the Japanese market."