HeartCore Announces the Establishment of HeartCore Luvina Vietnam Co., Ltd.
28 Février 2024 - 2:30PM
HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or
“the Company”), a leading enterprise software and
consulting services company based in Tokyo, announced the
establishment of HeartCore Luvina Vietnam Co., Ltd. (“HeartCore
Luvina Vietnam”), a joint venture with Luvina Software Joint Stock
Company (“Luvina Software”), a Vietnam-based IT outsourcing and
software development company.
Founded in 2004, Luvina Software is a top 10 IT
Outsourcing Services company in Vietnam that specializes in the
design, development, maintenance, and operation of IT products. For
the past five years, Luvina Software has been a longstanding
outsourcing partner in HeartCore’s CMS business, actively engaging
in program development, testing, maintenance, and technical
services, including collaborating on DAM projects and the overhaul
of the UI/UX to enhance the functionality of the administration
screens in HeartCore Version 12.
The establishment of HeartCore Luvina Vietnam is
poised to catalyze synergies within HeartCore and its group
companies to facilitate seamless sales generation. Luvina Software
currently staffs 850 engineers and generates 100% of sales through
contracts with Japanese corporations. Welcoming and integrating
this proven team to HeartCore Luvina Vietnam presents an optimized
pathway for an increase in sales and opportunities for business
expansion beyond Japan as a low-cost, high-quality offshore
technology provider for HeartCore’s global expansion initiatives.
Furthermore, HeartCore’s demand and involvement as a subcontractor
for website construction projects continues to grow, augmenting
overall sales for the Company.
“I am pleased to announce our newly established
joint venture company, HearrtCore Luvina Vietnam, which will
significantly boost our efforts in expanding our global software
business,” said HeartCore CEO Sumitaka Kanno Yamamoto. “Having
worked closely with Luvina Software and its talented team over the
past five years across various projects, we view this partnership
as a critical next step in advancing and optimizing sales
generation within our enterprise software business and group
companies, specifically Sigmaways. The establishment of HeartCore
Luvina Vietnam marks a pivotal move in our overarching global
expansion efforts, presenting fresh avenues for growth abroad,
particularly in the United States and Europe. We believe this
strategic initiative will not only enhance our presence in key
markets but also foster new opportunities for innovation and
collaboration on an international scale.”
About HeartCore Enterprises,
Inc.Headquartered in Tokyo, Japan, HeartCore Enterprises
is a leading enterprise software and consulting services company.
HeartCore offers Software as a Service (SaaS) solutions to
enterprise customers in Japan and worldwide. The Company also
provides data analytics services that allow enterprise businesses
to create tailored web experiences for their clients through
best-in-class design. HeartCore’s customer experience management
platform (CXM Platform) includes marketing, sales, service and
content management systems, as well as other tools and
integrations, which enable companies to enhance the customer
experience and drive engagement. HeartCore also operates a digital
transformation business that provides customers with robotics
process automation, process mining and task mining to accelerate
the digital transformation of enterprises. HeartCore’s GO IPOSM
consulting services helps Japanese-based companies go public in the
U.S. Additional information about the Company's products and
services is available at https://heartcore-enterprises.com/.
Forward-Looking StatementsAll
statements other than statements of historical facts included in
this press release are forward-looking statements. In some cases,
forward-looking statements can be identified by words such as
“believed,” “intend,” “expect,” “anticipate,” “plan,” “potential,”
“continue,” or similar expressions. Such forward-looking statements
include risks and uncertainties, and there are important factors
that could cause actual results to differ materially from those
expressed or implied by such forward-looking statements. These
factors, risks, and uncertainties are discussed in HeartCore’s
filings with the Securities and Exchange Commission. Investors
should not place any undue reliance on forward-looking statements
since they involve known and unknown, uncertainties and other
factors which are, in some cases, beyond HeartCore’s control which
could, and likely will materially affect actual results, and levels
of activity, performance, or achievements. Any forward-looking
statement reflects HeartCore’s current views with respect to future
events and is subject to these and other risks, uncertainties, and
assumptions relating to operations, results of operations, growth
strategy, and liquidity. HeartCore assumes no obligation to
publicly update or revise these forward-looking statements for any
reason, or to update the reasons actual results could differ
materially from those anticipated in these forward-looking
statements, even if new information becomes available in the
future. The contents of any website referenced in this press
release are not incorporated by reference herein.
HeartCore Investor Relations
Contact:Gateway Group, Inc.Matt Glover and John
YiHTCR@gateway-grp.com (949) 574-3860
HeartCore Enterprises (NASDAQ:HTCR)
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