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NETCLASS TECHNOLOGY INC Advances AI Business with Phased Progress
Globenewswire· 2026-02-05 11:00
Core Insights - NetClass Technology Inc has made significant advancements in its AI application-related business, including business expansion, product deployment, and industry recognition [1] Group 1: Business Developments - The company has secured a notable AI-related service order valued at approximately $1.67 million, marking a practical initiative in its AI application and services portfolio [2] - This project signifies further progress in the commercialization of the company's AI business and lays a foundation for future AI application scenarios and collaborations [2] Group 2: Product Innovations - NetClass has launched the Classroom English Proficiency Assessment (CEPA) platform, which utilizes advanced AI technologies such as speech recognition and natural language processing to evaluate learners' abilities in listening, speaking, reading, and writing [3] - CEPA offers enhanced testing efficiency and automated assessment compared to traditional methods, making it a scalable and cost-effective solution for educational institutions globally [3] Group 3: Industry Recognition - The Foreign Language Professional Committee of the Shanghai Educational Technology Association awarded the Second Prize for Outstanding Paper (2025) to research related to NetClass's AI English Go platform, which is designed for language teachers with customizable content capabilities [4] - This recognition underscores the company's technical expertise and enhances the visibility of its AI products within the educational technology sector [4] Group 4: Leadership Perspective - The Chairman and CEO of NetClass expressed excitement over the recent developments, indicating that the company has established commercial traction in the AI application space and is positioning itself for long-term value creation in the sector [5]
NETCLASS TECHNOLOGY INC. Provides Update on AI Foreign Language Teaching System
Globenewswire· 2025-05-23 20:05
Core Insights - NetClass Technology Inc. has launched its AI Foreign Language Teaching System in 71 colleges across 20 provinces in China, serving over 20,000 teachers and students, and covering more than 500 courses with over 300,000 contextual dialogues generated [1][2] Company Overview - NetClass is a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore, and Tokyo, offering services such as SaaS subscription services and application software development [4] Product Features - The AI Language Teaching System consists of four core modules designed to enhance teaching efficiency: - Module 1: AI Multilingual Scenario Dialogue, supporting multiple languages and optimizing real-time language expression [5] - Module 2: AI Intelligent Composition Correction, focusing on writing skills and reducing teachers' grading workload [5] - Module 3: Reading and Pronunciation Training, providing customizable speech speeds and pronunciation evaluation [5] - Module 4: Teaching Data Dashboard, tracking key data points to provide insights for teaching optimization [5] Strategic Goals - The company aims to make language learning more accessible and engaging by integrating AI technology into traditional teaching methods, positioning itself at the forefront of the hybrid learning model [2][3]