Reach an agreement with Engineerforce to reach capital, business cooperation and manufacturing sales collaboration with Engineerforce to provide ubiquitous AI, quotation process visualization and knowledge sharing tools

Pan-in AI Co., Ltd. (headquarters: Shinjuku, Tokyo, Chairman: Satoshi Hasegawa, hereinafter referred to as "AI") and Engineerforce (headquarters: Shibuya, Tokyo, Chairman: Yoshida Jiaming, hereinafter referred to as "Engineerforce") have reached an agreement on Engineerforce product sales-related business cooperation. In addition, the ubiquitous AI announced a capital partnership by taking on the right to buy JKisss shares issued by Engineerforce.

What can be done in "Engineerforce"

Background of capital and business cooperation

Ubiquitous AI is an enterprise that focuses on the software needed for embedded device development to provide sales and services for its own developed products and products from overseas manufacturers. Take the manufacturing enterprise as the main customer base.

Engineerforce is a company that provides SaaS-based quote creation tools. By developing the knowledge share of quotes, SaaS balances the usual adaptive estimation creation tasks, improves quality and shortens working time. Like software development companies, enterprises that take the estimation of development man-hours as customers have been highly appraised.

Ubiquitous AI and Engineerforce provide Engineerforce tools for ubiquitous AI customers engaged in man-hour estimation business. We can expect the two companies to strengthen and expand their business and reach this capital and business cooperation.

Engineerforce Quote creation tool

In the development of the system, according to the requirements of the customer, the engineer calculates the tasks and hours required for the development, and the business is used as a formal quotation, and the price is finally adjusted. Among them, when the actual working hours are larger than the quotation, the estimation of working hours is directly related to the reduction of profits, so it is a very important business for enterprises. On the other hand, in many cases, each responsible person uses Excel to estimate man-hours, which has some problems, such as the accuracy deviation of engineers, the difficulty of sharing within the company, the workload to deal with each time, and so on.

The Engineerforce Quote creation tool is a tool for sharing past quote data internally, thereby improving the accuracy of the quoting business and saving labor. By using this tool to refer to past quotes, leaders can reduce costs by improving their quote creation skills to prevent unexpected profits from falling, shorten estimation time, and so on. It also has an audit function, which can visually estimate the gap between the working hours and the actual working hours, and help you find out the cause of the quotation error.

Engineerforce also has the function of visible income, can manage the cost in software development, can correctly calculate the asset value of the software, and is helpful in determining the sales price and counting the assets.

In the future, the ubiquitous AI and Engineerforce plan to deploy Engineerforce tools to customers focused on the ubiquitous AI manufacturing industry, which is growing with the estimated hours of software development.

About ubiquitous AI Co., Ltd. (stock code: 3858)

Ubiquitous AI is an enterprise that focuses on the software needed for embedded device development to provide sales and services for its own developed products and products from overseas manufacturers. From standard products to state-of-the-art products, we provide engineering services for a wide range of product services and development projects. With advanced technology development capabilities and expertise to contribute to a better future for "customers" and "society".

Headquarters: 6F, Mingbao Building, West Shinjuku, Shinjuku District, Tokyo

Web site: https://www.ubiquitous-ai.com/

About Engineerforce Ltd.

Engineerforce is a startup that estimates man-hours through knowledge sharing, reduces the workload and burden of creating quotes, and improves the productivity of IT engineers. By providing information about quotes through the SaaS model, you can easily centralize and share information.

Headquarters: Shibuya Center Building 3F, 16-8 Shibuya Town, Shibuya District, Tokyo

Web site: https://engineerforce.io/

To investors.

This press release is designed to inform the ubiquitous AI of the qualitative progress of its business, not to attract investment. For the forecast of the progress of the company's performance and operating indicators, please refer to the settlement text message of the information disclosed by the exchange.

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