HeartCore Enterprises Announces Expansion of Sales and Marketing Teams
September 13 2023 - 4:05PM
HeartCore Enterprises, Inc. (Nasdaq: HTCR) (“HeartCore” or
the “Company”), a leading enterprise software and
consulting services company based in Tokyo, announced that it has
hired the New York-based sales team of Sabatini Global
(“Sabatini”).
“The acquisition of this sales team is another accomplishment as
our two-pronged growth strategy continues to manifest itself into
full effect,” said CEO Sumitaka Yamamoto. “The hiring of this New
York-based sales team, along with our recent acquisition of
Sigmaways, provides the staff and resources for HeartCore to expand
our enterprise Content Management System (CMS) software business to
more global markets. We have a major market share with well-known
Japanese companies. To broaden and diversify our customer base, we
are targeting growth in North America, Asia Pacific, and Europe.
While adding new customers, we are also adding new technologies,
such as process and task mining, and robotic process
automation.
“Our new U.S.-based sales group brings in experienced sales
professionals who have established customer relationships across
various rapidly growing sectors, providing HeartCore the ability to
leverage these existing relationships.”
Growth Strategy
- To increase from 25% to 40% the global market share of our
enterprise CMS business. (Market shares are approximate)
- To build a portfolio of Japan-based growth companies that
benefit our balance sheet through our GO IPO℠ consulting
services.
Outlook“HeartCore is making great progress
during this transformational period,” said Yamamoto. “We have a
growing enterprise software business, and our balance sheet is
benefitting from our GO IPO consulting services.”
- HeartCore continues to expect 2023 to be the strongest year in
the Company’s history.
- High double-digit revenue growth is expected for the second
half of 2023 from the enterprise software business, primarily due
to our Sigmaways acquisition and the addition of our new U.S.-based
sales team.
- The Company expects assets generated from its GO IPO consulting
service to strengthen its balance sheet through warrants and
marketable securities with several IPOs in progress and more being
considered.
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
IPO℠ consulting services helps Japanese-based companies go
public in the U.S. Additional information about the Company's
products and services is available at
and https://heartcore-enterprises.com/
This news release and accompanying slides are available on the
HeartCore website.
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
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