UBIC, Inc. Announces the Exercise and Closing of the Underwriters' Over-Allotment Option in Connection With Its U.S. Initial Public Offering of American Depositary Shares


NEW YORK, June 7, 2013 (GLOBE NEWSWIRE) -- UBIC, Inc. (Nasdaq:UBIC) (TSE:2158) today announced the closing of the sale of an additional 140,000 American Depositary Shares ("ADSs"), with each five ADSs representing one share of the company's common stock, pursuant to the partial exercise of the 45-day option granted to the underwriters in connection with the company's recently completed U.S. initial public offering of 1,100,000 ADSs, which closed on May 21, 2013. The exercise of the over-allotment option, which resulted in additional gross proceeds to the company of $1,173,200, brings the total gross proceeds from the offering to $10,391,200, before underwriting discounts and commissions and other offering expenses payable by the company.

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.

CONTACT: Investor Relations Contact: UBIC, Inc. (North America) Sunil Mudunuri Email: sunil_mudunuri@ubicna.com ICR, Inc. Bill Zima US: 203-682-8233 Asia: 86 10 6583 7511 Email: bill.zima@icrinc.com