NETCLASS TECHNOLOGY INC and RunSun Cloud Enter Strategic MOU to Drive AI Computing and Application Development in Southeast Asia

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SINGAPORE and HONG KONG, Oct. 22, 2025 — NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the “Company” or “NetClass”), a prominent B2B smart education IT solutions provider with branches in Shanghai, Hong Kong, Singapore, and Tokyo, announced today that it has signed a Memorandum of Understanding (MOU) with RunSun Cloud Pte. Ltd. RunSun Cloud is a Singapore-based computing service provider and a global NCP partner of NVIDIA. The agreement aims to jointly bolster AI computing infrastructure and foster application development throughout Singapore and the wider Southeast Asian market.

This collaborative effort comes on the heels of NetClass’s recent three-year sales agreement with HPC AI Technology Pte. Ltd. for the provision of AI cloud services, which generated approximately $443,000 in sales during its initial six-month period. The new partnership integrates RunSun Cloud’s cloud and AI proficiencies with NetClass’s specialized knowledge in AI applications and market expansion. Both companies intend to enhance high-performance AI computing to facilitate generative AI and enterprise solutions, concurrently pushing forward AI-powered applications in education, corporate innovation, and smart city initiatives, thereby further improving NetClass’s overall sales figures.

This alliance signifies another strategic achievement for NetClass, building on its recent moves such as establishing a Singapore subsidiary, relocating its global headquarters to Singapore, and securing $2.4 million in PIPE financing to bolster AI and blockchain innovation. These advancements underscore the Company’s dedication to promoting global AI applications, fostering blockchain development, and pursuing sustained business growth throughout Southeast Asia.

“Our partnership with RunSun Cloud is a pivotal move that will accelerate NetClass’s AI ecosystem expansion and stimulate innovation across the region,” stated Dr. Jianbiao Dai, Chairman and Chief Executive Officer of NetClass. “By merging our capabilities in AI application development with RunSun’s robust computing infrastructure, we are ideally positioned to offer groundbreaking AI solutions that generate lasting value across various sectors.”

About NETCLASS TECHNOLOGY INC
NETCLASS TECHNOLOGY INC stands as a premier B2B smart education expert, operating from offices in Shanghai, Hong Kong, Singapore, and Tokyo. The company delivers cutting-edge IT solutions to educational institutions, training centers, corporations, government bodies, and other entities. Its offerings encompass SaaS subscription services and application software development, with solutions covering teaching and campus administration, virtual learning, assessments, disease prevention, data management, EDC (Education Credit) blockchain platforms, and instructor appraisal services. The company’s core objective is to supply dependable, superior products that foster ongoing growth for its clientele. For additional details, please visit the Company’s website:

About RunSun Cloud Pte. Ltd.
RunSun Cloud Pte. Ltd. is a Singapore-headquartered cloud service provider and a global NCP partner of NVIDIA. It furnishes high-performance computing solutions designed to bolster AI-centric industries, including internet services, financial institutions, and government agencies. RunSun Cloud is highly regarded for its strong global deployment abilities and its consistent efforts to optimize computing resources, thereby fueling innovation across various sectors.

Forward-Looking Statements
Any declarations within this announcement that are not historical facts constitute forward-looking statements. These forward-looking statements carry inherent known and unknown risks and uncertainties, relying on the Company’s present expectations and forecasts concerning future occurrences that the Company anticipates could influence its financial health, operational outcomes, business approach, and funding requirements. Investors can identify these forward-looking statements through terms or phrases such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or analogous expressions. The Company disclaims any obligation to publicly update or amend any forward-looking statements to reflect subsequent events or conditions, or modifications in its expectations, unless legally mandated. While the Company believes the expectations articulated in these forward-looking statements are justifiable, it cannot guarantee their accuracy, and investors are cautioned that actual outcomes may substantially diverge from projected results. Investors are advised to examine other factors that might impact future performance in the Company’s registration statement and other submissions to the U.S. Securities and Exchange Commission.

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NETCLASS TECHNOLOGY INC
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Jackson Lin
Lambert by LLYC
Phone: +1 (646) 717-4593
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