Orangekloud Technology Inc.(ORKT)
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Orangekloud Announces Launch of eMOBIQ® AI Platform
Globenewswire· 2025-07-25 12:00
Core Insights - Orangekloud Technology Inc. has launched eMOBIQ®️AI, an AI-driven no-code development platform that allows users to create enterprise-grade applications using natural language [1][6] - The platform aims to reduce the time and cost associated with application development, enabling organizations to deploy apps across web and mobile environments from a single interface [2] Company Overview - Orangekloud Technology Inc. is a Singapore-based technology company that specializes in no-code platforms for mobile application development, targeting Small and Medium Enterprises (SMEs) and corporations [6] - The company offers a suite of eMOBIQ® mobile applications designed to digitalize and streamline operations in various sectors, including Food Services & Manufacturing, Precision Engineering, and Construction [6] Key Features of eMOBIQ®️AI - The platform modernizes the development lifecycle by addressing challenges such as the need for specialized coding knowledge, lengthy timelines, and high budgets through AI-enhanced workflows and built-in debugging tools [4] - eMOBIQ®️AI allows businesses to modernize internal systems or launch new applications more quickly and cost-effectively than traditional methods [5] - It enables users to build fully functional applications that connect to various backend systems, including ERP systems, within hours [8] - The architecture is business-centric, ensuring high fidelity to user-defined specifications and supporting scalable, production-ready applications [8] - The platform facilitates effortless backend integration with third-party APIs and services, and maintains a single codebase for deployment across iOS, Android, and Web platforms [8]
Orangekloud Signs Strategic MOU Valued at US$390,000 for AI Collaboration with Meyzer360 Holdings Pte. Ltd.
Globenewswire· 2025-07-15 12:30
Core Insights - Orangekloud Technology Inc. has signed a memorandum of understanding (MOU) with Meyzer360 Holdings Pte. Ltd. to enhance business innovation through AI solutions [1][2] - The collaboration will involve deploying AI solutions valued at a minimum of US$390,000 over the next 12 months [2] Company Overview - Orangekloud Technology Inc. is a Singapore-based technology company that provides the eMOBIQ® No-Code platform for mobile application development, targeting Small and Medium Enterprises (SMEs) and corporations [3] - The eMOBIQ® platform aims to digitalize and streamline operations in various sectors, including Food Services & Manufacturing, Precision Engineering, and Construction [3] Partner Overview - Meyzer360 Holdings Pte. Ltd. is a business advisory group that focuses on technological innovation and business excellence, offering a unified platform for equity, compliance, and corporate governance [4] - The company aims to simplify complex corporate processes and enhance transparency among stakeholders [4] Collaboration Details - The MOU includes three key areas of collaboration: white-labelled solutions, project participation in digital transformation projects, and international distribution of Orangekloud's AI solutions [7]
OrangeKloud signs Contract for the Supply and Implementation of Cloud Workspace Terminals
Globenewswire· 2025-07-09 12:00
Core Insights - OrangeKloud Technology Inc. has signed a contract with Evvo Labs Pte. Ltd. to supply and implement 450 Cloud Workspace Terminals, with a total contract value of US$301,275 [1][2] Company Overview - OrangeKloud Technology Inc. is a Singapore-based technology company that offers the eMOBIQ® No-Code platform for mobile application development, targeting Small and Medium Enterprises (SMEs) and corporations [3] - The eMOBIQ® platform aims to digitalize and streamline operations in various sectors, including Food Services & Manufacturing, Precision Engineering, and Construction [3] Strategic Positioning - The contract with Evvo Labs reinforces OrangeKloud's positioning as a holistic IT solutions provider and validates the strength of its sales pipeline [2] - The implementation of Cloud Workspace Terminals is part of a broader strategy to enable digital transformation through low-code/no-code technologies, catering to the needs of enterprise and government clients [2][3] Partner Overview - Evvo Labs Pte. Ltd. is an award-winning ITMS technology company in Singapore, specializing in digital transformation and technology integration across various industries [4] - The company has received accolades, including the Singapore Government Bulk Tender Awards for Cybersecurity and Digital Media since 2010 [4]
Orangekloud Announces July 25 Launch of eMOBIQ® AI Platform
GlobeNewswire News Room· 2025-07-01 12:30
Core Insights - Orangekloud Technology Inc. has announced the launch of eMOBIQ® AI, the first enterprise-grade, AI-first no-code development platform, set for public release on July 25, 2025, following a successful beta program [1][2] Company Overview - Orangekloud Technology Inc. is a Singapore-based technology company that offers the eMOBIQ® No-Code platform, designed for mobile application development targeted at small and medium enterprises (SMEs) and corporations [7] Product Features - eMOBIQ AI is designed to simplify enterprise application development by combining AI-native features, proprietary orchestration techniques, and an intuitive interface, enabling both technical and non-technical users to build scalable applications quickly [3][4] - The platform supports three distinct modes of use and includes features such as automated API integration, a Quality Assurance Agent, and advanced debugging tools, making it one of the most advanced AI-powered development platforms available [4] - eMOBIQ AI automates critical stages of the application development lifecycle, allowing users to create fully functional applications without writing code and deploy them rapidly across web and mobile platforms [5] Market Position and Future Outlook - The CEO of Orangekloud, Alex Goh, emphasized that eMOBIQ AI significantly reduces the time required to ship production-ready applications, potentially transforming software creation across industries [6] - Early interest from enterprise customers has been noted, with expectations that the platform will contribute meaningfully to the company's revenue as adoption scales [6]
Orangekloud Signs MOU for Development of Specialized LLM for Software Engineering and Application Development
Globenewswire· 2025-06-30 12:30
Core Insights - Orangekloud Technology Inc. has signed a memorandum of understanding with Evvo Labs to develop a large language model tailored for software engineering and application development [1][4] - The integration of the LLM into Orangekloud's eMOBIQ platform will enhance features such as intelligent suggestions, code generation, testing automation, and system integration support [2] - The project aims to improve ERP implementation and software development cycles through automated documentation, code audits, and AI-guided system configuration [2][3] Company Overview - Orangekloud Technology Inc. is a Singapore-based technology company that offers the eMOBIQ No-Code platform, designed for mobile application development, particularly for SMEs and corporations [5] - The eMOBIQ platform includes a suite of applications that digitalize and streamline operations in various sectors, including Food Services, Manufacturing, Precision Engineering, and Construction [5] Partner Overview - Evvo Labs Pte. Ltd. is an award-winning ITMS technology company in Singapore, specializing in digital transformation and technology development [6] - The company has received recognition for its achievements in cybersecurity and digital media, including winning the Singapore Government Bulk Tender Awards since 2010 [6]
Orangekloud to Attend Directions ASIA 2025 Conference, May 7-9, in Bangkok
GlobeNewswire News Room· 2025-05-06 12:30
Core Insights - Orangekloud Technology Inc. will participate in the Directions ASIA 2025 Conference from May 7-9, 2025, in Bangkok, showcasing its AI-driven no-code application development solutions [1][2]. Company Overview - Orangekloud Technology Inc. is a Singapore-based technology company specializing in no-code mobile application development for Small and Medium Enterprises (SMEs) and corporations [4]. - The company offers the eMOBIQ® platform, which includes a suite of mobile applications aimed at digitalizing and streamlining operations in various sectors such as Food Services & Manufacturing, Precision Engineering, and Construction [4]. Conference Details - Directions ASIA 2025 is a significant event focusing on innovations within the Microsoft ecosystem, including ERP, CRM, and Cloud Solutions, expected to attract hundreds of professionals from the Dynamics community [2]. - Orangekloud will exhibit its eMOBIQ AI App Development Platform and Enterprise Apps for Microsoft Dynamics 365 Business Central at booth B12, allowing attendees to explore mobile solutions with Microsoft API readiness [3].
Orangekloud Technology Inc.(ORKT) - 2024 Q4 - Annual Report
2025-05-02 19:33
Financial Performance - Research and development expenses for the year ended December 31, 2024, were S$30,621 (approximately $22,413), a significant decrease from S$576,556 in 2023[215]. - The Group raised IPO and over-allotment gross proceeds of approximately S$20 million (approximately $15 million) in 2024[332]. - As of December 31, 2024, the Group had outstanding principal loan amounts of S$503,579 (approximately $368,598), a decrease from S$749,202 as of December 31, 2023[332]. - The consolidated financial statements are presented in Singapore Dollars (S$), with functional currencies including Singapore Dollar, United States Dollar, and Malaysia Ringgit[333]. - The translation rate for the consolidated financial statements as of December 31, 2024, was US$0.7320 = S$1[334]. Employee and Organizational Structure - The company had 61 full-time employees as of December 31, 2024, with 41.0% in information technology and 24.6% in research and development[225]. - The organizational structure includes subsidiaries such as Enterprise Software Investment Inc. and Orangekloud Pte. Ltd, all 100% owned by the Issuer[246]. Competitive Environment - The company operates in a competitive environment with main competitors including Low-Code development platforms and business process management software providers[216]. - The company believes it competes favorably in terms of platform features, ease of integration, and total cost of ownership[217]. - The principal competitive factors include platform reliability, security, extensibility, and professional services[221]. Intellectual Property - The company holds a patent for a Service Management Method in Singapore, expiring on July 16, 2034, and another in China expiring on July 2, 2035[222]. - The company has filed a patent for a Software Application Development Method in Singapore, with an application date of November 23, 2020[224]. Legal and Compliance - The company does not currently face any legal proceedings that could materially affect its business[227]. - The Company believes it is in compliance with the provisions of the Corruption, Drug Trafficking and Other Serious Crimes Act and the Terrorism (Suppression of Financing) Act[240][241]. Risk Management - The Company manages credit risk through regular evaluations based on creditworthiness and industry trends[330]. - The Group monitors and maintains a level of cash and cash equivalents deemed adequate to finance operations and mitigate cash flow fluctuations[331]. - The company has adequate insurance coverage for its business operations and reviews its policies annually[220]. Facilities - The company has leased office space in Singapore and Malaysia, with the Singapore lease expiring on November 30, 2024[226]. - The Company has leased office space in Singapore with a lease expiring on November 30, 2024, and a shared workspace in Malaysia expiring on February 28, 2024[247]. Data Protection - The Company is undergoing an ISO 27001 certification project to enhance its data protection capabilities[239].
Orangekloud Pioneers the Future of AI-Driven No-Code Development with Beta Launch of eMOBIQ® AI
Globenewswire· 2025-01-16 14:55
Core Insights - Orangekloud Technology Inc. is set to launch its new AI-driven no-code application development platform, eMOBIQ® AI, on February 3, 2025, aiming to redefine application building and lead in global digital transformation [1][4]. Group 1: Product Features - eMOBIQ AI utilizes advanced AI agents and proprietary orchestration techniques to automate key phases of application development, significantly reducing development time while ensuring precision and quality [2]. - Users can communicate requirements in natural language, allowing for the generation of complete applications with comprehensive documentation within minutes under optimal conditions [3]. - The platform enables deployment across various web and mobile platforms, facilitating faster market delivery of solutions [3]. Group 2: Strategic Collaboration and Market Position - The development of eMOBIQ AI is in strategic collaboration with AI Singapore, showcasing the company's commitment to advancing software development [4]. - The platform is designed to democratize application development, empowering not only software developers but also business professionals and individuals without coding experience [4]. Group 3: Leadership Perspective - CEO Alex Goh highlighted the transformative impact of eMOBIQ AI, emphasizing its ability to streamline the development process and accelerate innovation across industries [5]. Group 4: Company Overview - Orangekloud Technology Inc. is a Singapore-based technology company that offers the eMOBIQ® No-Code platform, specifically targeting Small and Medium Enterprises (SMEs) and corporations to digitalize and streamline operations in various sectors [5].
Orangekloud Technology Inc.(ORKT) - 2024 Q4 - Annual Report
2024-12-31 11:15
Share Capital and Shares - The authorized share capital of Orangekloud Technology Inc. is US$50,000, divided into 50,000,000 Ordinary Shares with a nominal value of US$0.001 each[7]. - The company has 35,000,000 Class A Shares and 15,000,000 Class B Shares, both with a nominal value of US$0.001 each[7]. - The Company has the authority to allot, issue, and dispose of shares without shareholder approval, including preferred shares[21]. - Directors may issue preferred shares with rights greater than ordinary shares, including voting rights and dividend preferences[23]. - Class B Shares are convertible into Class A Shares at a ratio of one-to-one upon request by the holder[40]. - The Company may redeem or purchase its own Shares as approved by the Board or Shareholders[15]. - The Company may increase its share capital by an amount determined by an Ordinary Resolution[42]. - The Company has a first lien on every share for all amounts payable, including dividends[31]. - The Directors may call upon shareholders for unpaid amounts on their shares with a minimum notice of fourteen days[33]. - If a shareholder fails to pay a call, the Directors may forfeit the shares after providing a notice[33]. - The transfer of shares requires a written instrument and may be subject to Directors' consent[34]. - The Directors may decline to register any transfer of shares that are not fully paid up or on which the Company has a lien[35]. - The Company may cancel any Shares that have not been taken or agreed to be taken, reducing its share capital accordingly[45]. - No dividends or distributions may be declared in respect of Treasury Shares[50]. - The legal personal representative of a deceased sole Shareholder is recognized as the only title holder[37]. - The Company must notify the transferor and transferee within three months if a transfer is refused[38]. - Shareholders must deliver notice for business or nominations at least 90 days before the annual general meeting[52]. - The company requires a majority of shareholders holding at least 95% of the shares to convene an extraordinary general meeting[54]. - A quorum for general meetings is defined as at least one shareholder holding one-third of all votes[54]. - Each Class A Shareholder has one vote, while each Class B Shareholder has ten votes at general meetings[55]. - If a quorum is not present within 30 minutes of the scheduled meeting time, the meeting will be dissolved[56]. - Proxies may be appointed by shareholders to vote on their behalf, and a proxy need not be a shareholder[59]. - The instrument appointing a proxy must be deposited at the registered office at least 48 hours before the meeting[59]. - A resolution in writing signed by all shareholders is as valid as if passed at a general meeting[60]. Directors and Management - The Directors are responsible for keeping the register of members at a location they determine[20]. - The Directors have the authority to manage the Company's business and may delegate powers to committees or individuals as they see fit[68]. - The Board of Directors must include a number of Independent Directors as required by applicable laws[63]. - Casual vacancies on the Board can be filled by a majority vote of the remaining Directors[63]. - At each annual general meeting, one-third of the Directors will retire by rotation[64]. - The Company allows any Director to appoint an alternate to act on their behalf at meetings, with the alternate entitled to vote as a Director when the appointing Director is absent[65]. - Directors may be removed by an Ordinary Resolution, with a notice period of at least ten calendar days required for the meeting[66]. - The remuneration of Directors can be determined by the Directors or through an Ordinary Resolution, and they are entitled to reimbursement for expenses incurred in connection with their duties[66]. - Directors must declare any interest in contracts or transactions with the Company at meetings, and may vote on such matters despite their interest[79]. - The Company does not require Directors to hold shares as a qualification for their position[66]. - The Directors may appoint a Secretary and other officers as necessary for the administration of the Company[69]. - A Director may participate in meetings via telephone or similar communication equipment, which counts as being present[77]. - The continuing Directors may act despite any vacancy, but only for specific purposes such as increasing their number[81]. Financial Matters - The Company must prepare an annual return and declaration each year, delivering a copy to the Registrar of Companies in the Cayman Islands[87]. - The accounts relating to the Company's affairs shall be audited as determined by the Directors, with the financial year end also set by them[86]. - Directors may set aside funds as reserves before declaring dividends, applicable for contingencies or equalizing dividends[82]. - The Company may recommend dividends to be paid wholly or partly by the distribution of specific assets, subject to Shareholder approval[84]. - Any dividend unclaimed after six years may be forfeited by the Board of Directors and revert to the Company[84]. - The financial year of the Company ends on December 31st and begins on January 1st each year[97]. - The Company may indemnify its Directors and Officers against liabilities incurred in the conduct of the Company's business, excluding cases of dishonesty or fraud[98]. Legal and Regulatory Compliance - The company is exempted from trading in the Cayman Islands except for business conducted outside the jurisdiction[5]. - The company may deregister in the Cayman Islands and register in another jurisdiction[8]. - The Company shall not recognize any trust in relation to shares, ensuring absolute rights to shareholders[99]. - In the event of winding up, assets will be distributed among shareholders in proportion to the par value of their shares[103]. - The Directors may close the Register for transfers for a period not exceeding 40 calendar days to determine shareholder entitlements[102]. - The Company may be registered by way of continuation in a jurisdiction outside the Cayman Islands by Special Resolution[104]. - The Directors are authorized to disclose information regarding the Company's affairs to regulatory or judicial authorities[105]. - Notices may be served to Shareholders personally, by mail, or electronically, with deemed receipt occurring fourteen days after posting[36]. - The Company may maintain a facsimile of the Seal for use in various jurisdictions, which must be affixed in accordance with Directors' resolutions[75].