EXO U announnces key addition to executive team

MONTREAL, Oct. 29, 2015 /CNW Telbec/ - EXO U Inc. ("EXO U" or the "Corporation") (TSX Venture: EXO) is pleased to announce the following key addition to its senior management team.

Last week the Company announced the appointment of Mr. Kevin Pawsey as its new Chief Executive Officer. Mr. Pawsey, who joined EXO U as its Chief Operating Officer in August, is a three-time CEO in the education sector and brings over twenty years of experience to EXO U. Mr. Pawsey has a proven history of success in developing sustained business growth internationally in the fields of education, technology and online learning.

EXOU is pleased to announce the addition of Jim Kirchner as Senior Vice President of Business Development.  Mr. Kirchner, a Senior Executive and former CEO in the education technology sector, has over 20 years experience and a proven history of success.

Previously, Mr. Kirchner was Senior Vice President at Amplify, Inc, a NewsCorp subsidiary, where he lead a 30 person sales force which contributed to achieving over $79 Million of revenue for Amplify Insight for Fiscal Year 2015, beating forecast.  Prior to Amplify, Jim was a founder and CEO of LearningStation, a leading formative assessment SaaS solution that had multimillion dollar contracts with the States of Arizona, Kansas and several large districts in the US prior to being sold to private equity. 

Mr. Pawsey States, "Part of the strategy associated with my move to CEO was to bring in experienced staff in the fields of K12, Higher Education and developing OEM and Distribution Agreements. Jim is the first of these strategic hires and I am very pleased that he has joined as Senior Vice President of Business Development. Jim has significant experienced in K-12, Assessment and associated technologies and will be a significant asset in the building of additional contracts and revenues for EXOU".

"I am excited to join the EXO U team and be a part of the leadership as we scale the company by growing adoption worldwide" stated Mr. Kirchner. "EXOU's software allows robust and effective technology integration in the classrooms that optimizes time on instruction leveraging all technology devices in a school.  The speed and ease of this solution is some of the best I have seen in my 20 years in the education technology industry.  I look forward to introducing EXOU to the world!" 

About EXO U

EXO U's shares trade on the TSX Venture Exchange under the ticker symbol EXO.V.  EXO U develops an innovative software platform which enables businesses and educational institutions to securely mobilize and manage their mobile workforce and students by delivering engaging experiences spanning desktop and mobile applications. At the core of EXO U's platform is the smart and agnostic EXO engine that unifies multiple software platforms, allowing devices to interact and communicate seamlessly together. It enables true mobility for businesses and educational organizations by solving important mobility issues such as security, privacy, collaboration, and management of application and content. EXO U's technology agnostic framework delivers to end users a safe, reliable, and intuitive smart workspace designed for connecting with people, accessing services, and sharing information and digital content, while requiring minimal infrastructure and optional Internet connectivity. It simplifies management of the entire application lifecycle, freeing the organizations to focus on building engaging apps that work across different operating systems and form factors, thus increasing productivity for developers and reducing total cost of  ownership for organizations. By offering an engaging and exceptional user experience on all computing devices, without compromising security or protected information, the EXO U enterprise and education solutions allow organizations to embrace consumerization and enjoy all the benefits of mobile. For more information, visit http://www.exou.com and follow us on Twitter @exo u.

Disclaimer in Regards to Forward-Looking Statements

Certain statements made in this press release that are not historical facts are forward-looking information within the meaning of application securities laws.  These forward-looking statements are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward-looking statements may differ materially from actual results or events and there is no assurance that current opportunities being pursued or discussions with any government authorities will result in any definitive agreements being entered into or that the Company will be able to obtain financing to continue its operations on acceptable terms or at all. Readers are cautioned not to place undue reliance on these forward-looking statements. For additional information with respect to certain of these and other assumptions and risk factors, please refer to EXO U's management's discussion and analysis for the year ended March 31, 2015 available under the Company's profile on SEDAR at www.sedar.com. The forward-looking information contained in this press release represents EXO U's current expectations. EXO U disclaims any intention and assumes no obligation to update or revise any forward-looking information, except as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For more information please visit www.exou.com

 

SOURCE EXO U Inc

Image with caption: "Logo: EXO U (CNW Group/EXO U Inc)". Image available at: http://photos.newswire.ca/images/download/20151029_C7045_PHOTO_EN_532638.jpg

For further information: For investor inquiries, please contact: Mr. Kevin Pawsey, Chief Executive Officer, EXO U Inc., Phone: (508) 367-1729, E-mail: kpawsey@exou.com; Mr. Shan Ahdoot, President, EXO U Inc., Phone: (480) 313-5983, E-mail: sahdoot@exou.com

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http://www.exou.com

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