StudentConnect to Deliver on First International Purchase Order From Smart1st LLC, Lebanon
June 11 2014 - 8:45AM
Marketwired
StudentConnect to Deliver on First International Purchase Order
From Smart1st LLC, Lebanon
StudentConnect Will Deliver Solution for 100 School Buses and
Approximately 4,000 Students
MARIETTA, GA--(Marketwired - Jun 11, 2014) - StudentConnect
Inc., a wholly owned subsidiary of East Coast Diversified
Corporation (OTC Pink: ECDC) (PINKSHEETS: ECDC), today announced
that it has received order for 100 school buses and approximately
4000 students from Smart1st LLC., Beirut, Lebanon.
"This is StudentConnect first purchase order received from
international market; after 3 months of successful testing. ECDC
granted exclusive master licensing rights to Smart1st LLC in March
2014. Unlike in the US, where the product is delivered to schools
at no cost, international markets have to purchase the product, pay
ongoing software support and advertisement revenue is shared.
"Seems the global market is very receptive to the product we
have developed and the growth is obviously becoming organic. This
is the beginning of our expansion into international markets and
the continuing successes we are experiencing with StudentConnect,"
said Kayode Aladesuyi, CEO ECDC.
About East Coast Diversified Corporation (ECDC.PK) - ECDC is a
holding corporation with a diversified group of technology
companies. Its business portfolio includes companies offering
technology for logistics and asset management, school
transportation safety and social media applications.
For more information on East Coast Diversified and its group of
companies, please visit: www.eastcoastdiversified.com or
www.studentconnect.us
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION
REFORM ACT OF 1995: The statements contained in this release which
are not historical facts are forward-looking statements that are
subject to risks and uncertainties that could cause actual results
to differ materially from those set forth in or implied by
forward-looking statements. These risks and uncertainties include
the Company's entry into new commercial businesses, the risk of
obtaining financing, recruiting and retaining qualified personnel,
and other risks described in the Company's Securities and Exchange
Commission filings. The forward-looking statements in this press
release speak only as of the date hereof, and the Company disclaims
any obligation to provide updates, revisions or amendments to any
forward-looking statement to reflect changes in the Company's
expectations or future events.
CONTACT: Media Relations: East Coast Diversified Corporation
770-953-4184
866-503-9316
investorsrelation@eastcoastdiversified.com