SINGAPORE, June 30, 2025 (GLOBE NEWSWIRE) -- Orangekloud Technology Inc. (NASDAQ:ORKT) ("Orangekloud" or "the Company"), a Singapore-based technology company offering the eMOBIQ® No-Code platform for development of mobile applications, today announced the signing, on June 18, 2025, of a memorandum of understanding (MOU) with Evvo Labs Pte. Ltd, an ITMS technology company in Singapore, to develop a large language model (LLM) tailored for software engineering and application development.

The LLM will be integrated into Orangekloud's eMOBIQ platform and other solutions, offering intelligent suggestions, code generation, testing automation, and system integration support. It will also enhance ERP implementation and software development cycles through automated documentation, code audits, and AI-guided system configuration.

This strategic development builds on the Company's experience helping organizations implement complex ERP systems and its success with its eMOBIQ no-code App development platform, which enables businesses and individuals to create powerful web and mobile applications with virtually no coding.

"We believe that the future of enterprise software lies in intelligent automation," said Alex Goh, CEO of Orangekloud. "By tapping into the deep software engineering knowledge of our partner for developing an LLM, we are enabling faster, smarter, and more accessible software and app development, especially for enterprise environments that demand both speed and compliance."

The project is expected to enter pilot testing in the first quarter of 2026.

About Orangekloud Technology Inc.

Orangekloud Technology Inc. (NASDAQ:ORKT) is a Singapore-based technology company which offers the eMOBIQ® No-Code platform to develop mobile applications specially designed for Small and Medium Enterprises (SMEs) and corporations. eMOBIQ® comprises a suite of mobile applications designed to digitalize and streamline operations in warehousing, sales ordering, delivery, manufacturing, and other key areas, for industries such as Food Services & Manufacturing, Precision Engineering, Construction, and other sectors.

About Evvo Labs Pte. Ltd.

The company is an award winning cyber-centric ITMS technology company in Singapore, specializing in digital transformation and technology development and integration with various functions and applications across industries.

Its achievements include winning the Singapore Government Bulk Tender Awards for Cybersecurity and Digital Media since 2010.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the "Risk Factors" section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Orangekloud Technology Inc. specifically 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.

Contacts:

Orangekloud Technology Inc. IR Contact

Steven Chu, COO and IR Officer

1 Yishun Industrial Street 1 #04-27/28 & 34 Aposh Building Bizhub

Singapore 768160

(+65) 6317 2050

Email: ir@orangekloud.com

Investor Relations Inquiries

Skyline Corporate Communications Group, LLC

Scott Powell, President

1177 Avenue of the Americas, 5^th Floor

New York, New York 10036

Office: (646) 893-5835

Email: info@skylineccg.com

Orangekloud Signs MOU for Development of Specialized LLM for Software Engineering and Application Development