MONTREAL, Dec. 17, 2015 /CNW Telbec/ - EXO U Inc. ("EXO U") (TSXV: EXO), the developer of the EXO U Mobile Engagement Platform, today announced that it has signed a Master Distribution agreement with QOMO HiteVision, L.L.C. ("QOMO"), a manufacturer of high technology electronic products located in Wixom, Michigan, USA. The extends EXO U/QOMO's existing licensing agreement, in that it establishes non-exclusive master distribution rights for QOMO to sell the EXOU Mobile Engagement Platform into leading education distribution channels.
EXO U's platform compliments QOMO's Interactive Screens by enabling students, teachers and administrators to share content, collaborate and learn, on all kind of devices, all at once. This expands the teacher's ability to connect with the classroom, using by an array of teaching and classroom management tools, while maintaining the engagement and motivation of students.
EXO U CEO Kevin Pawsey stated, "In addition to its quality products, QOMO enjoys broad reach into K12 and Higher Education, via its network of resellers with established customer bases throughout the US. In addition to bundling EXOU with the QOMO's Large Format Interactive Screens, QOMO can now offer those distribution channels a bundle-ready, solution-ready EXO U that instantly works with other devices. Chromebook, Windows and iOS are now our leading BYOD [Bring Your Own Device] technologies, and this agreement includes us to be a part of many other BYOD classrooms. We look forward to working with QOMO to grow the number of classrooms that come integrated with EXO U's platform.
About EXO U
EXO U's shares trade on the TSX Venture Exchange under the ticker symbol EXO. 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 included herein, including those that express management's expectations or estimates of EXO U's future performance or future events, constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic, regulator and competitive uncertainties and contingencies that could cause actual results or events to differ materially from those expressed or implied in such statements. Readers are cautioned not to place undue reliance on these forward-looking statements. EXO U disclaims any intention and assumes no obligation to update or revise any forward-looking statements, except as required by applicable securities laws. 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.
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
For further information: For investor inquiries: Mr. Kevin Pawsey, Chief Executive Officer, EXO U Inc., Phone: (508) 367-1729, E-mail: [email protected]; Mr. Shan Ahdoot, President, EXO U Inc., Phone: (480) 313-5983, E-mail: [email protected]; For journalist inquiries: Mr. Ian Bryan, Vice President, Marketing, EXO U Inc., Phone: (678) 727-9263, E-mail: [email protected]