SHANGHAI and HONG KONG, March 10, 2025 (GLOBE NEWSWIRE) – NETCLASS TECHNOLOGY INC. (“NETCLASS”), a B2B smart education IT solutions provider, announced today the acquisition of a 51% stake in CreateSolutions Co., Ltd. (“CreateSolutions”), a Tokyo-based software company.
The investment totaled JPY 2,550,000 to acquire 255 shares of CreateSolutions. This strategic move is designed to bolster NETCLASS’s expansion across Asia, providing a new operational base in Tokyo, Japan. The acquisition aims to enhance software development, improve product quality, and diversify the customer base.
CreateSolutions specializes in customized, high-efficiency, and sustainable technology solutions. Its services encompass software development, data analysis, business consulting, corporate innovation training, business process optimization, and innovative product design.
“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,” stated Dr. Jianbiao Dai, Chairman & Chief Executive Officer of NETCLASS TECHNOLOGY INC.
Dr. Dai added, “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. provides innovative IT solutions to schools, training institutions, corporations, public agencies, and other organizations. Services include SaaS subscription services and application software development. Solutions span teaching and campus management, online teaching, examinations, epidemic prevention, data storage, EDC (Education Credit) blockchain systems, and lecturer evaluation services. The company aims to deliver reliable, high-quality products to drive sustainable growth for customers. More information is available on the company’s website: https://ir.netclasstech.com.
Forward-Looking Statements
Certain statements in this announcement are forward-looking statements, including statements related to the Company’s proposed Offering. These 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 occurrences 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.
Contact Information
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
