The Company, Ltd. Ebola Bull Asia (Head Office: Minato-ku, Tokyo, Representative Director Vietnam corporation Evolable Asia Co. President: Hideki Yoshimura, securities code 6191, following Ebola Bull Asia Co., Ltd.), Ltd. (head office: Ho Chi Minh City, Vietnam, representative Director and CEO: we established in Xue Yuji) in the Company's offshore development center March 5, 2018 (Monday).

From February this year, we have started to provide a service of used real estate distribution platform Renosy that meets various needs of real estate ownership from home search to purchase, renovation, and management after purchase. Renosy is a service that expands the possibilities of looking for real estate and supports user's decision-making by incorporating price estimation using big data and a "sale alert function" for unsold properties. In the future, in addition to evolving the Renosy platform by implementing matching that reflects customer orientation with AI, we will expand real estate tech services by developing real estate application series specialized for specific needs such as IoT and renovation. I will try.

On the other hand, the shortage of IT human resources is becoming more and more serious in the Japanese labor market in recent years, and the competition for IT human resources at each company is overheating in the face of the "19-year crisis * 1". Under these circumstances, in order to maintain and expand our high-quality development system, we have decided to establish a new development base in Vietnam using the IT offshore development solution provided by Evolable Asia.

◆ Overview of Evolable Asia
Evolable Asia Co., Ltd., which is engaged in IT offshore development business, is one of the largest IT offshore development companies in Southeast Asia * 2 in Southeast Asia with offices in Ho Chi Minh, Hanoi and Da Nang, Vietnam, and approximately 850 engineers. We specialize in lab-type IT offshore development that forms a dedicated team of clients, and provide solutions that solve the shortage of engineers. This lab-type IT offshore development has a dedicated team, so it is possible to freely develop according to the needs of each client. On the other hand, for Evolable Asia, the occupancy rate of engineers is about 100%, and it is a business model in which earnings continue to accumulate due to continuous use by clients.

* 1: According to the “Research Results on the Latest Trends and Future Estimates of IT Human Resources” compiled by the Ministry of Economy, Trade and Industry in 2016, the increase in large-scale IT-related investment in industry and the development of new technologies and services such as big data and IoT Due to various factors such as the appearance, the lack of IT human resources has become a major issue in Japan. In 2019, the number of new hires in the IT industry is expected to fall below that of retirees, and the number of shortages is expected to grow even further.

* 2: According to Evolable Asia, Inc. as of September 2014

◆ Evolable Asia Co., Ltd. Overview
Company name: Evolable Asia Co., Ltd.
URL: http://evolable.asia/
Headquarters: 7F, 90 Nguyen Dinh Chieu, Dakao Ward, District 1, Ho Chi Minh City, Vietnam
Representative: Yuji Xu, President and Representative Director
Capital: $ 200,000
Major shareholders: Evolable Asia Co., Ltd., Soltec Investments Pte Ltd

◆ Outline of Evolable Asia Co., Ltd.
Company name: Evolable Asia Co., Ltd.
URL: http://www.evolableasia.com/
Headquarters: 2-5-1, Atago, Minato-ku, Tokyo Atago Green Hills MORI Tower 19th floor
Representative: Director, President Hideki Yoshimura
Capital: JPY 1,036,664 thousand (Paid-in capital: JPY 2,687,462 thousand)