{"id":898801,"date":"2025-10-22T09:01:15","date_gmt":"2025-10-22T13:01:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\/"},"modified":"2025-10-22T09:01:15","modified_gmt":"2025-10-22T13:01:15","slug":"netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\/","title":{"rendered":"NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">SINGAPORE and HONG KONG, Oct.  22, 2025  (GLOBE NEWSWIRE) &#8212; NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the \u201cCompany\u201d or \u201cNetClass\u201d), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today announced that the Company has entered a Memorandum of Understanding (MOU) with RunSun Cloud Pte. Ltd., a Singapore-based computing service provider and one of NVIDIA\u2019s global NCP partners, to collaboratively strengthen AI computing infrastructure and application development across Singapore and the broader Southeast Asian region.<\/p>\n<p align=\"justify\">This collaboration follows NetClass\u2019s recent three-year sales contract with HPC AI Technology Pte. Ltd. to provide AI cloud services, with sales in the initial six-month term reaching approximately $443,000. The partnership combines RunSun Cloud\u2019s cloud and AI capabilities with NetClass\u2019s expertise in AI applications and market development. The two companies will strengthen high-performance AI computing to support generative AI and enterprise solutions, while advancing AI-driven applications in education, enterprise innovation, and smart city development, further boosting NetClass\u2019s overall sales performance.<\/p>\n<p align=\"justify\">This partnership represents another strategic milestone for NetClass following its recent initiatives, including the establishment of its Singapore subsidiary, relocation of its global headquarters to Singapore, and $2.4 million PIPE financing to support AI and blockchain innovation. These developments reinforce the Company\u2019s commitment to advancing global AI applications, blockchain development, and long-term business growth in Southeast Asia.<\/p>\n<p>\u201cOur collaboration with RunSun Cloud marks a key step in accelerating NetClass\u2019s AI ecosystem expansion and driving innovation in the region,\u201d said Dr. Jianbiao Dai, Chairman and Chief Executive Officer of NetClass. \u201cBy combining our strengths in AI application development with RunSun\u2019s powerful computing infrastructure, we are well-positioned to deliver transformative AI solutions that create sustainable value across industries.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About NETCLASS TECHNOLOGY INC <\/strong><br \/>\n        <br \/>NETCLASS TECHNOLOGY INC is a leading B2B smart education specialist with offices in Shanghai, Hong Kong, Singapore, and Tokyo, 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\u2019s website: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DtHSvGT0hF2k1EIqwGGLyo_WuoU03PGzWefCDYuxOlPrKstj6oKioeWRV1_6cmlZ3mkeb9O-ODtIzbX3WIgKL57UL4gXZtJZVaF2EossrR24G8HrqNHu0R3Pp54YlBE2\" rel=\"nofollow\" target=\"_blank\">https:\/\/ir.netclasstech.com<\/a><\/p>\n<p align=\"justify\">\n        <strong>About RunSun Cloud Pte. Ltd.<\/strong><br \/>\n        <br \/>RunSun Cloud Pte. Ltd. is a Singapore-based cloud service provider and one of NVIDIA\u2019s global NCP partners, offering high-performance computing solutions to support AI-driven industries including Internet services, finance, and government. RunSun Cloud is recognized for its robust global deployment capabilities and continuous optimization of computing resources to empower innovation across sectors.<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>\n        <em>All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company\u2019s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as \u201capproximates,\u201d \u201cbelieves,\u201d \u201chopes,\u201d \u201cexpects,\u201d \u201canticipates,\u201d \u201cestimates,\u201d \u201cprojects,\u201d \u201cintends,\u201d \u201cplans,\u201d \u201cwill,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cmay\u201d 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\u2019s registration statement and other filings with the U.S. Securities and Exchange Commission.<\/em>\n      <\/p>\n<p align=\"justify\">\n        <strong>For investor and media inquiries, please contact:<\/strong><br \/>\n        <br \/>NETCLASS TECHNOLOGY INC<br \/>Investor Relations <br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=aezW401QWB7itkacWk5DQGmkJC-bzab_tnxhOxbHh2R-en5UmZzeumAqIDAtHzOqH03y2q9HCOJ9ObvWHg5X5w-dteWFiqNWiYsLWAn2Jh0=\" rel=\"nofollow\" target=\"_blank\">ir@netclasstech.com<\/a><\/p>\n<p align=\"justify\">Jackson Lin <br \/>Lambert by LLYC <br \/>Phone: +1 (646) 717-4593 <br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=tu7W-2gyzkM16Tah0_SGy3X4JuxVlHhYUJlI72kd7Mz8Ur74s_BQR9dn5ZTsbb_D6P_TOTaagM8t0UZYysUx33Bh6HxpvwnAkJeYdcltDTY=\" rel=\"nofollow\" target=\"_blank\">jian.lin@llyc.global<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0OTc1NyM3MjA4MDI3IzIyOTY4NTQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/OWZlODJiOWItNDMzZC00ZjgzLThmMWYtZWRhMDcxZWVjMWI0LTEzMDg0MDQtMjAyNS0xMC0yMi1lbg==\/tiny\/Netclass-Technology-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE and HONG KONG, Oct. 22, 2025 (GLOBE NEWSWIRE) &#8212; NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the \u201cCompany\u201d or \u201cNetClass\u201d), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today announced that the Company has entered a Memorandum of Understanding (MOU) with RunSun Cloud Pte. Ltd., a Singapore-based computing service provider and one of NVIDIA\u2019s global NCP partners, to collaboratively strengthen AI computing infrastructure and application development across Singapore and the broader Southeast Asian region. This collaboration follows NetClass\u2019s recent three-year sales contract with HPC AI Technology Pte. Ltd. to provide AI cloud services, with sales in the initial six-month term reaching approximately $443,000. The partnership combines RunSun Cloud\u2019s cloud and AI capabilities &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-898801","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE and HONG KONG, Oct. 22, 2025 (GLOBE NEWSWIRE) &#8212; NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the \u201cCompany\u201d or \u201cNetClass\u201d), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today announced that the Company has entered a Memorandum of Understanding (MOU) with RunSun Cloud Pte. Ltd., a Singapore-based computing service provider and one of NVIDIA\u2019s global NCP partners, to collaboratively strengthen AI computing infrastructure and application development across Singapore and the broader Southeast Asian region. This collaboration follows NetClass\u2019s recent three-year sales contract with HPC AI Technology Pte. Ltd. to provide AI cloud services, with sales in the initial six-month term reaching approximately $443,000. The partnership combines RunSun Cloud\u2019s cloud and AI capabilities &hellip; Continue reading &quot;NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-22T13:01:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTU0OTc1NyM3MjA4MDI3IzIyOTY4NTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia\",\"datePublished\":\"2025-10-22T13:01:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\\\/\"},\"wordCount\":678,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTU0OTc1NyM3MjA4MDI3IzIyOTY4NTQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/netclass-technology-inc-signed-strategic-mou-with-runsun-cloud-to-advance-ai-computing-and-application-development-in-southeast-asia\\\/\",\"name\":\"NETCLASS TECHNOLOGY INC Signed Strategic MOU with RunSun Cloud to Advance AI Computing and Application Development in Southeast Asia - 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Ltd., a Singapore-based computing service provider and one of NVIDIA\u2019s global NCP partners, to collaboratively strengthen AI computing infrastructure and application development across Singapore and the broader Southeast Asian region. This collaboration follows NetClass\u2019s recent three-year sales contract with HPC AI Technology Pte. Ltd. to provide AI cloud services, with sales in the initial six-month term reaching approximately $443,000. 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