OrangeKloud signs Contract for the Supply and Implementation of Cloud Workspace Terminals
OrangeKloud Technology (Nasdaq: ORKT) has secured a contract with Evvo Labs Pte.
Sentiment and the balance of points
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Rhea-AI Summary
OrangeKloud Technology (Nasdaq: ORKT) has secured a contract with Evvo Labs Pte. Ltd. to supply and implement 450 Cloud Workspace Terminals valued at US$301,275.
The Singapore-based company, known for its eMOBIQ® No-Code platform, will deliver cloud-native workspace solutions as part of its strategy to enable digital transformation through infrastructure-ready and low-code/no-code technologies for enterprise and government clients.
Positive
- Contract secured for US$301,275 with Evvo Labs
- Expansion of cloud workspace terminal business validates sales pipeline strength
Negative
- None.
Details
News Market Reaction – ORKT
The recorded move for ORKT in the trading session of this news was +13.94%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
SINGAPORE, July 09, 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, is pleased to announce the signing of a contract with Evvo Labs Pte. Ltd., a Singapore-based ITMS technology company.
Under the agreement, OrangeKloud will supply and implement 450 Cloud Workspace Terminals with a total contract value of US
“This project further validates the strength of our sales pipeline and reinforces our positioning as a holistic IT solutions provider,” said Alex Goh, CEO of OrangeKloud. “We are excited to support Evvo Labs in delivering secure, scalable, and cloud-native workspace solutions.”
The implementation of Cloud Workspace Terminals is part of OrangeKloud’s broader strategy to enable digital transformation through infrastructure-ready and low-code/no-code technologies, catering to the evolving needs of enterprise and government clients.
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. A suite of eMOBIQ® mobile applications designed to digitalize and streamline operations in warehousing, sales ordering, delivery, manufacturing, and other key areas. The industry sectors focused on include Food Services & Manufacturing, Precision Engineering, Construction, etc.
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
70 Bendemeer Road #04-04 Luzerne
Singapore 339940
(+65) 6317 2050
Email: ir@orangekloud.com
Investor Relations Inquiries:
Skyline Corporate Communications Group, LLC
Scott Powell, President
1177 Avenue of the Americas, 5th Floor
New York, New York 10036
Office: (646) 893-5835
Email: info@skylineccg.com
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