May 31th, 2022

Company Name

Kudan Inc.

Representative

CEO

Daiu Ko

(Securities code: 4425 TSE Growth)

Inquiries

CFO

Kohei Nakayama

(Tel. 03-4405-1325)

Notification concerning that Tripleize, one of Kudan Vision's portfolio companies,

got listed on TSE Growth

Kudan Inc. (headquarters in Shibuya-ku, Tokyo; CEO Daiu Ko, hereafter "Kudan") is pleased to announce that Tripleize Co., Ltd. (headquarters in Chiyoda-ku, Tokyo; President Yuichiro Yamada, hereafter "Tripleize"), a leading company in image recognition technology based on deep learning, got listed today on the Tokyo Stock Exchange Growth market (Securities code: 5026).

Tripleize is the first investment of Kudan Vision.

(Kudan Vision is a Kudan's group company and mainly engaged in investment and Deep Tech research.)

Based on its management philosophy of "Putting imagination on technology", Tripleize develops and provides a wide range of services that utilize cutting-edge technologies such as AI, IoT, and blockchain, including AIZE, which is an image recognition platform based on a proprietary AI engine. Also, Tripleize has focused on developing services to realize DX innovation. In particular, its unique image recognition AI technology has been contributing to the further spread and development of DX in the Japanese industrial world. In addition, Tripleize has been developing Go AI for a long time and is one of the few Japanese companies to demonstrate the most advanced AI technology.

Kudan Vision made the investment in June 2021 in order to support Tripleize in further strengthening its R&D and social implementation capabilities and expanding its business development. Tripleize and Kudan will continue to focus on expanding our business development and social implementation in a wide range of industries beyond the technical limitation of our respective technologies through the integration of Tripleize's advanced AI technology and system implementation capabilities with Kudan's proprietary localization technology.

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(For reference)

Notification concerning investment in Tripleize https://contents.xj- storage.jp/xcontents/AS02977/76f55a57/f34d/443c/89f3/95bfd3773569/20210630144123747s.pdf

About Tripleize Co., Ltd.

Establishment:

September 2008

Head Office:

Chiyoda-ku,Tokyo

Representative:

President Yuichiro Yamada

Capital:

1.3 billion yen

(As of May 31, 2022. This includes capital reserve, but doesn't include the increase due

to the exercise of stock options.)

Business Description:

System integration and provision of AI platform

URL:

https://www.3-ize.jp/company/en.html

About Kudan Vision Inc.

Establishment:

January 2021

Head Office:

Shibuya-ku, Tokyo

Representative:

CEO Ken Iizuka

Business Description:

Investment

Contact Information

For more details, please contact us from here.

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Disclaimer

Kudan Inc. published this content on 31 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 May 2022 06:09:08 UTC.