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VRi has entered into a MOUwith Japan Material Inc.

Charles, Kim, CEO of Visual Research Inc, has signed a Memorandum of Understanding (MOU) with Japan Material Inc in the Intercontinental Hotel Osaka in May 26, 2014. Japan Material Inc, (JM) has two main divisions. The first is electronics-related business whose main customers are semiconductor and liquid crystal factories. The second is graphics solution business that plans and sells graphics boards of Matrox Graphics Inc. to
domestic electronic/electrical equipment makers.

VRi has assigned JM as a distributor in the Japan market and expected to expand and strengthen the Japan broadcasting market with KarismaCG.

Hisao Tanaka, the president of Japan Material Inc, announced that we have seen the successful story of VRi in the Korean market and there is no doubt that we both together will lead to the successful business partnership in the future.