NETCLASS TECHNOLOGY INC. Strengthens Market Position in Asia with Strategic Acquisition of Japan-based CreateSolutions Co., Ltd.
March 10 2025 - 6:30AM
NETCLASS TECHNOLOGY INC. (the “Company” or “NETCLASS”), a leading
B2B smart education IT solutions provider with offices in Shanghai,
Hong Kong, and Singapore, today announced its acquisition of a 51%
stake in CreateSolutions Co., Ltd. (“CreateSolutions”), a
Tokyo-based software company, by investing JPY 2,550,000 to acquire
255 shares of CreateSolutions.
CreateSolutions is a software company
specializing in customized, high-efficiency, and sustainable
technology solutions. Its services include software development,
data analysis, business consulting, corporate innovation training,
business process optimization, and innovative product design.
The acquisition marks a significant step in
NETCLASS’ strategy to expand its market across Asia. It provides
the Company with a new operational center in Tokyo, Japan, and
signifies the Company’s dedication to its long-term plan through
enhancing its software development capability, improving the
quality of existing products, and diversifying its customer
base.
“We are proud to spearhead the collaboration
with CreateSolutions, as it aligns perfectly with our strategy to
expand internationally, and reinforces our commitment to provide
high-quality and reliable products to our customers,” said Dr.
Jianbiao Dai, Chairman & Chief Executive Officer of NETCLASS
TECHNOLOGY INC. “I believe the acquisition will broaden our
customer base, accelerate revenue growth, and unlock new
opportunities for both companies.”
About NETCLASS TECHNOLOGY
INC.
NETCLASS TECHNOLOGY INC. is a leading B2B smart
education specialist with offices in Shanghai, Hong Kong, and
Singapore, providing innovative IT solutions to schools, training
institutions, corporations, public agencies, and other
organizations. Our services include SaaS subscription services and
application software development, with solutions spanning teaching
and campus management, online teaching, examinations, epidemic
prevention, data storage, EDC (Education Credit) blockchain
systems, and lecturer evaluation services. Our mission is to
deliver reliable, high-quality products that drive sustainable
growth for our customers. For more information, please visit the
Company’s website: https://ir.netclasstech.com
Forward-Looking Statements
Certain statements in this announcement are
forward-looking statements, including, but not limited to, the
Company's proposed Offering. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
the Company’s current expectations and projections about future
events that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs, including the expectation that the Offering will be
successfully completed. Investors can identify these
forward-looking statements by words or phrases such as
“approximates,” “believes,” “hopes,” “expects,” “anticipates,”
“estimates,” “projects,” “intends,” “plans,” “will,” “would,”
“should,” “could,” “may” or other similar expressions. The Company
undertakes no obligation to update or revise publicly any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's registration statement and other
filings with the U.S. Securities and Exchange Commission.
For investor and media inquiries, please
contact:
NETCLASS TECHNOLOGY INC.Investor Relations Email:
ir@netclasstech.com
Jackson Lin Lambert by LLYC Phone: +1 (646) 717-4593 Email:
jian.lin@llyc.global
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