July 27th, 2016
Whiz Partners Inc.

Whiz Partners signs MOU with Sony Interactive Entertainment
Japan Asia andOverview of “China Hero Project”
Whiz Partners Inc. (Minato-ku, Tokyo, hereafter Whiz Partners) signs MOU with SonyInteractive Entertainment Japan Asia (Minato-ku, Tokyo, hereafter SIEJA) in relation to China
Hero Project and other games-related projects. “China Hero Project” is a strategic project
initiated by SIEJA, which was announced today at the “2016 PlayStation Press Conference”
held in Shanghai, China.

During the conference, Executive Vice-President Hiroyuki Oda of SIEJA introduced themission of the “China Hero Project” where SIEJA will strongly support the Chinese domestic
game developers to solidify their foothold in China and expand globally through PlayStation’splatform. As a collaborative effort the China Hero Project will aim to produce world-classblockbuster “Hero” titles and in return contribute to the growth of China’s family entertainment
industry and ultimately influence the global gaming market.
The Project has established many honorable partnerships with companies including
Epic Games Inc., CRI Middleware Co., Ltd., Hearts United Group Co., Ltd., Silicon StudioCorp., and Unity Technologies (Shanghai) Limited. The Partners will each respectively
provide advanced technologies and services in the areas of game engines, game middlewareand game testing. Additionally, the Project has formed a partnership with Whiz Partners Inc.
to provide investment funding, business operations and financial management support. This
Project aims to discover Chinese developers with the potential to develop “global standardgames” where they will be launched on the PlayStation® platform with the market of 40 million
units sold worldwide.
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1. Mission of the China Hero Project Develop global standard blockbuster titles through the PlayStation® platform Contribute to the Chinese gaming industry’s growth and development
2. Role of each respective partnero SIEJA Screening of potential game titles and enterprises with global standards
 PlayStation® platform technical support
 Overall business operational support
o Tools & middleware, quality/UX service providers
 Utilize advanced technologies and services development tools on the PlayStation®
platform Promote quality assurance and user experience services on the PlayStation®
platform Provide support and improve the overall standard of China’s game developers on thePlayStation® platformo Whiz Partners
 Capital fund raising and financial support
 Business and management support=============================================================The “China Hero Project” primarily targets start-up ventures and Chinese domestic
enterprises. The standard of quality required for family entertainment console games are
significantly higher than mobile games, and thus the production and development budget aremuch larger in scale. For start-up ventures, not only the technical support is required but
capital funding, resource allocation, management training are critical aspects to ensure thesuccess of the team. Therefore Whiz Partners and our affiliate company Whiz Partners Asia
(hereafter “Whiz Asia”) will jointly provide the support in the areas of business and financial
management to allow candidates to have access to initial and subsequent rounds of fundingand guidance to management expertise to increase their overall success in creating a Herotitle.
Whiz Asia and a China based fund aim to jointly establish a Renminbi fund in China toprovide funding to the candidates of the Project and other subsequent games-related projects
initiated by SIEJA targeting the PlayStation® Platform (PlayStation®4 and PlayStation®VRetc.).
Moreover, two portfolio companies of Whiz Asia’s operating fund Whiz Asia Evolution
Fund including CRI middleware Co., Ltd, (Shibuya-ku Tokyo, Ticker Symbol: 3698, hereafterCRI) and Hearts United Group Co., Ltd. (Minato-ku, Tokyo, Ticker Symbol: 3676, hereafter
HUG) have participated in the Project as technology partners respectively providing audio
middleware and game testing services.

<China Hero Project Slides>

Hiroyuki Oda, Executive Vice President (Asia Business) of SIEJA“Since entering the China market we have been exposed to a lot of new talent full ofenthusiasm, and their passion for game development has left us in awe. They are very mucheager to develop excellent titles targeting the global market. We are thrilled to announce ourpartnership with Whiz Partners and Whiz Asia as we will jointly help realize the dreams ofmany Chinese developers to produce the next Hero title for the PlayStation® platform.
Through this partnership I anticipate the acceleration of the growth and development ofChinese games that will soon put this country in the leading position in the global market.”
Satoshi Iino, Chief Investment Officer of Whiz Partners Inc.
“We manage the Whiz Asia Evolution Fund investing into Japanese companies ofunique core technology and services with high potentials for the growing overseas markets.
The China Hero Project may not only foster Chinese domestic enterprises through providing
support, but at the same time help facilitate and expand the technology and services of ourportfolio Japanese companies in the China market. This is in line with our fund’s investment
thesis to promote the values and growth of Japanese enterprises in the growing Chinese andAsian markets. Through this honorable partnership with SIEJA and participation in this Project
we will be able to accomplish multiple achievements, and we aim to commit all our suitableefforts, expertise and resources to effectively facilitate the activities of SIEJA.”Louis Choy, Chief Investment Officer of China Hero Project Fund and Founding Partner ofWhiz Partners Asia Ltd.
“In order to provide the financial support for this Project, we have established aRenminbi fund- “China Hero Project Fund”. I have the experience investing in multiple
successful enterprises in the China market, and my Partner at Whiz Asia Simon Wongs was
also the first investor of Jack Ma- Alibaba, Having achieved great returns we arecontemplating perhaps in the China Hero Project we will also be anticipating the birth of thenext Alibaba. Besides providing capital and investment support, we will also be offering to ourinvestees the network and experiences we have amassed in both the China and Japangames market. At the same time, we will continue to provide effective support to Whiz Asia
Evolution Fund’s portfolio companies CRI and HUG to ensure their successful execution andcompletion of the Project.”

Our Renminbi fund is not limited to targeting the China Hero Project, but we hope tocapture opportunities for future projects catered to the PlayStation® platform, to further
deepen our relationship with SIEJA.
※“PlayStation” and “PS4” are the registered trademarks of Sony Interactive Entertainment LLC.
※The Sony Interactive Entertainment Japan Asia is a subsidiary of Sony Interactive Entertainment, responsible for Japan andAsia regional sales and marketing.