Charlotte, NC (October 28, 2022) -

On September 20, 2022, it was announced that the business agreement between LEAD Technologies Inc and GrapeCity Corporation will terminate. The announcement highlighted LEAD’s history and depth within the Japanese marketplace, as well as the success of LEADTOOLS in the developer community. With the end of this business agreement, GrapeCity will no longer sell LEADTOOLS products.

LEAD is pleased to announce that based on a new agreement with ComponentSource, a sales operation will be launched in the ComponentSource Tokyo office for the Japanese version of LEADTOOLS products as of November 1st, 2022. ComponentSource will sell both the Japanese and English versions of LEADTOOLS on behalf of LEAD as the only distributor in Japan. Under previous arrangements, only past versions of LEADTOOLS were made available in the Japanese marketplace. We are thrilled that under this new agreement, we are now able to deliver the latest versions of LEADTOOLS to Japanese developers.

LEAD has been doing business with ComponentSource for more than 25 years both in Japan and globally overseas. LEAD will continue to leverage the successful partnership with ComponentSource so that customers can use LEAD's products with confidence in Japan.

“We have tremendously valued our longstanding history of success in partnership with ComponentSource, as have many of our global LEADTOOLS customers.” said Moe Daher, Founder and CEO of LEAD Technologies. “This opportunity to merge our Japanese customer base together under one unified partnership, will better serve our customers with more direct access to LEAD’s latest product versions as well as a single representative within these local markets.”

For more information please visit https://www.leadtools.com/japan

About LEAD Technologies

With a rich history of more than 32 years, LEAD has established itself as the world's leading provider of software development toolkits. LEAD's flagship product, LEADTOOLS, provides programmers with a powerful set of libraries for Recognition, Document, Vector, Medical, Imaging, and Multimedia development. LEAD boasts a diverse customer base as well as a strong list of corporate partners including some of the largest and most influential organizations from around the globe. For more information, visit www.leadtools.com.

About ComponentSource

ComponentSource is the world's largest marketplace for reusable software components for all platforms. The respected barometer for the component industry, ComponentSource pioneered the open market for reusable software components in 1995, and continues to drive the market through its award-winning e-business model and groundbreaking work to establish the first widely accepted reusable component standard. A global e-business with customers in over 180 countries, ComponentSource is headquartered in Atlanta, GA United States and has offices in Reading, England, Dublin, Ireland and Tokyo, Japan. For more information, please visit http://www.componentsource.com or http://www.componentsource.co.jp