Orangecloud Technology Inc. and Electronics Industries Training Center (ELITC) Sign MOU to Improve Workforce Skills and Drive Digital Transformation in Singapore.

Orangecloud Technology Inc.

Orangecloud Technology Inc.

ELITC

Electronics Industries Training Institute

Singapore, Aug. 07, 2024 (GLOBE NEWSWIRE) — Orangecloud Technology Inc. (Nasdaq: ORKT) (“Orangecloud” or “company)Singapore-based technology company that provides the eMOBIQ® No-Code platform for mobile device development, today announced a partnership with the Electronics Industries Training Center (ELITC), a premier program provider of training and education in Singapore.

This Memorandum of Understanding (MOU) demonstrates the commitment from both organizations to empower Singapore’s workforce with the skills needed to thrive in the digital age.

Partnership Highlights

  • Integration of eMOBIQ Training into the ELITC Curriculum: Orangekloud’s eMOBIQ training courses will be integrated into existing ELITC programs, equipping participants with the skills needed to use the No-Code platform to develop mobile solutions for digital workplaces. This will help job seekers and those willing to advance their careers.

  • Equipping Employees for Digital Transformation: The partnership is in line with Singapore’s national emphasis on digitalisation. By equipping employees with the latest digital skills and knowledge, Orangekloud and ELITC aim to empower businesses to embrace digital transformation and achieve greater success.

  • Using the ELITC network for Wider Adoption of eMOBIQ Solutions: Orangekloud will use ELITC’s extensive network of Small and Medium Enterprises (SMEs) to develop its eMOBIQ mobile app. This will provide SMEs with No-Code application development tools to develop affordable and effective solutions to improve their operations in warehousing, sales and other key areas.

About Orangekloud Technology Inc.
Orangecloud Technology Inc. (NASDAQ: ORKT) is a Singapore-based technology company that offers the eMOBIQ® No-Code platform to develop mobile applications designed specifically for Small and Medium Enterprises (SMEs) and corporations. The eMOBIQ® suite of mobile applications designed to digitize and streamline business processes include inventory, sales ordering, shipping and manufacturing. eMOBIQ® customers come from a variety of industries, including food manufacturing and food service, precision engineering, construction, retail, energy and warehouse management.

Electronics Industries Training Institute

About Electronics Industry Training Center (ELITC)
ELITC is a renowned institution that aims to provide comprehensive training and education programs from technical, electrical, digital and technological to soft skills for all levels. The Center’s programs help employees and individuals who want to increase their skills or improve their knowledge, as well as those who are just entering the workforce. ELITC also actively supports the Singapore government’s SkillsFuture initiative.

KNOWLEDGE OF SENTENCES
Certain statements in this press release regarding future expectations, plans and expectations, as well as other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected time of commencement of trading and closing dates. The words “expect,” “believe,” “proceed,” “can,” “estimate,” “anticipate,” “accountable,” “may,” “plan,” “probability,” “predict ,” “plan,” “will,” “predict,” “should,” “type,” “will,” “will” and similar expressions are intended to identify forward-looking statements, although they are not statements. all futures that contain these distinguishing words. Actual results may differ materially from those indicated by such forward-looking statements due to various important factors, including: uncertainties related to market conditions and the completion of the public offering on certain terms expected or at all, and other factors discussed in the “Risk Factors” section of the original prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance on any forward-looking statements contained in this press release. Any forward-looking statements contained in this press release speak only as of this date, and OrangeKloud Technology Inc. expressly disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

OrangeCloud Technology Inc. Investor Relations Contact:
1 Yishun Industrial Street 1 #04-27/28 & 34 Aposh Building Bizhub
Singapore 768160
(+65) 6317 2050
Email: ir@orangekloud.com

Investor Relations Questions:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, fifth floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com

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