Question-and-Answer Session
Operator
(Operator instructions). Gentlemen our first question today comes from Trip Chowdry with Global Equities Research.
Trip Chowdhry – Global Equities Research
Thank you, very good execution in a really tough environment. I have two quick questions. The first one is regarding the international business, are you seeing any shift this year versus last year particularly in China?
John Chen
In China? No China did very well the last quarter and has done well in the last three quarters. So no, I have not seen any shift and they expect Q2 to be reasonably good also.
Trip Chowdhry – Global Equities Research
And regarding Sybase 365, that business continues to do very well. I was wondering, what other new initiatives you have in place that you could see say over the next 12-18 months coming off from that division of yours.
John Chen
We are striving, the most important thing right now, we’re driving into mobile banking and eventually it’ll be mobile payment and mobile remittance. Mobile banking is already started, I think we have about six customers around the world right now. We started that initiative towards the end of last year and then we married that into the FFI platform, so this is the messaging technology on top of the FFI platforms. So it’s been doing very well, well received. We have a [resen] site in Citizens Bank and in a number of sites that we believe will become [resensible] very soon. So that’s the major near term, immediate term initiative. We obviously would need to get more aggressive on data roaming on the worldwide basis. That’s probably a little bit of longer term. And then eventually probably into mobile wallet.
Trip Chowdhry – Global Equities Research
Very good, congratulations on very good executions.
Operator
Our next question comes from Alan Cooke, Merrill Lynch.
Alan Cooke – Merrill Lynch
Thank you. John I noticed your database revenues obviously were, license revenues were obviously really strong and your mobile license revenues were weaker than I expected and I was wondering if you could give a little bit more color on why you had the strength in the database business and not quite the same strength in the mobile business which should be or I understand is your growth business.
John Chen
Right, the IQ, the database business is driven very much by the IQ strength as well as the continued adoption of ASE and we have good new customers. The mobile business is a pretty seasonal trend on that. We have a number of large OEMs throughout the year but not in Q1, no one large deal in Q1 and it was expected. It was not something that we haven’t planned for. So we would expect that to pickup as the OEM deal comes in.
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