SINGAPORE and HONG KONG, October [22], 2025 — NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the “Company” or “NetClass”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore, and Tokyo, 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’s global NCP partners, to collaboratively strengthen AI computing infrastructure and application development across Singapore and the broader Southeast Asian region.

This collaboration follows NetClass’s 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’s cloud and AI capabilities with NetClass’s 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’s overall sales performance.

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’s commitment to advancing global AI applications, blockchain development, and long-term business growth in Southeast Asia.

“Our collaboration with RunSun Cloud marks a key step in accelerating NetClass’s AI ecosystem expansion and driving innovation in the region,” said Dr. Jianbiao Dai, Chairman and Chief Executive Officer of NetClass. “By combining our strengths in AI application development with RunSun’s powerful computing infrastructure, we are well-positioned to deliver transformative AI solutions that create sustainable value across industries.”

About NETCLASS TECHNOLOGY INC

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.