MONTREAL, March 23, 2016 /CNW Telbec/ - EXO U Inc. ("EXO U") (TSXV: EXO) today signed a distribution agreement with Today's Classroom, Inc ("Today's Classroom"), a company incorporated under the laws of the United States and located in Canton, Ohio, USA, to distribute Ormi, its mobile device teaching platform for schools. The non-exclusive agreement establishes terms, pricing and distribution for Ormi to be sold as a standalone product within Today's Classroom's growing interactive technology portfolio.
Today's classroom is a service reseller of leading brands into education, with a focus on equipping modern classrooms. EXO U's platofrom integrates and compliments other popular K-12 brands sold by Today's Classroom, including Hitachi, AVerMedia, Elmo and others.
Mr. Kevin Pawsey, CEO of EXO U commented, "EXO U is pleased to continue growing its distribution in the United States with the addition of Today's Classroom. While partners like Panasonic and QOMO ship Ormi with hardware products, Today's Classroom helps us to service educators who have technology needs in place, but require a whole class teaching solution to bridge displays and devices. With its 12+ years in the marketplace and a track record for volume sales and customer management, we're looking forward to working with Today's Classroom."
Learn more about Today's Classroom at http://www.todaysclassroom.com/interactive-learning/
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 that 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. For more information, visit EXOU.com or 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.
SOURCE EXO U Inc
For further information: Media contacts: Ian Bryan, Vice President, Marketing, EXO U Inc., (678) 373-9263, [email protected]; Investor contacts: Kevin Pawsey, Chief Executive Officer, EXO U Inc., (508) 367-1729, [email protected]; Shan Ahdoot, President, EXO U Inc., (480) 313-5983, [email protected]