Leading Demand Side Platform FreakOut Inc. Completes IPO on Tokyo Stock Exchange Mothers

NEW YORK, July 24, 2014 /PRNewswire/ -- Dobleas' parent entity, FreakOut Inc., Japan's leading Demand Side Platform (DSP), commenced trading and was listed on the Tokyo Stock Exchange Mothers on June 24, 2014. FreakOut Inc. (6094: Tokyo) issued 5,488,000 shares to reinforce the technology development, infrastructure, and international expansion.

The initial price was not fixed on the first day of trading due to high demand. On June 25, 2014 FreakOut Inc.'s initial price settled at 7,000 JPY (67.97 USD), resulting in a market capitalization of 38,416,000,000 JPY (373,019,360 USD). 

FreakOut Inc. continues to evolve its core technology with an emphasis on growing mobile and data management capabilities. "We are going to accelerate our global expansion with these innovations," states Yuzuru Honda, Founder & CEO. "Our mission is to enhance value for stockholders by offering the best programmatic media buying platform globally."

About FreakOut Inc.

FreakOut Inc. is a digital marketing technology company that created the first Demand Side Platform (DSP) in Japan. Its proprietary platform enables marketers to buy real-time impressions across the leading display Ad Exchanges and enhances programmatic media buying through its Data Management Platform (DMP). FreakOut Inc. offers digital solutions to more than a hundred agencies as well as numerous top brands in various industries such as CPG, e-Commerce, mobile communications, finance and travel.

About Dobleas

Headquartered in New York City, Dobleas (www.dobleas.com) is a mobile advertising technology company that powers a true mobile Demand Side Platform (DSP) with a Data Management Platform (DMP). Leveraging its proprietary cross-device capabilities, marketers and advertisers can deliver highly targeted messages not only across leading RTB mobile supply sources but also across multiple screens. Founded in 2012, Dobleas is a subsidiary of FreakOut, Inc.

SOURCE FreakOut Inc.; Dobleas