Datasea Signs Agreement to Pilot Safe Campus Intelligent Management and Control Platform at Harbin New District No. 1 School
July 27 2020 - 8:30AM
Datasea Inc.
(NASDAQ: DTSS) (“Datasea” or the
“Company”), a technology company engaged in providing
smart security solutions and developing education-related
technologies in China, has entered into an agreement to install its
Safe Campus Intelligent Management and Control Platform (“Safe
Campus Platform”) at Harbin New District No. 1 School, the first of
the two previously announced pilot projects.
The Safe Campus Platform provides additional
functionality specifically designed for schools. In particular, its
most robust component, the Datasea Cloud School program, is a
WeChat-enabled program, available for both Android and IOS, that
provides various benefits for students, teachers and parents.
Certain features include, among others, general school
announcements, notifications of upcoming tests and homework
assignments, and a centralized hub for teachers to review homework,
import grades, record class attendance and academic performance,
and store additional student information. Under the terms of this
arrangement, Datasea will provide the software and hardware of the
Safe Campus Platform, product and maintenance manuals, product
certificate and license, and installation services throughout the
school facilities. The system installation and demonstration are
subject to the School’s review approval. Once such approval is
issued, the School will deliver the payment of RMB 392,000
(approximately USD$55,861).
“This arrangement validates the commercial
viability of our Safe Campus Intelligent Management and Control
Platform,” said Datasea Chairman and CEO, Ms. Liu Zhixin. “Our team
is encouraged by the support we have received from the local
government. We continue working on expanding the reach of our
platform in the city of Harbin and beyond.”
About Datasea Inc.
Datasea is a technology company in China engaged
in providing smart security solutions and developing
education-related technologies. Datasea leverages its proprietary
technologies, intellectual property, innovative products and market
intelligence to provide comprehensive and optimized security
solutions and education-related technologies to its clients. For
additional company information, please
visit: www.dataseainc.com.
Cautionary Note Regarding
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934 and as defined in the U.S. Private Securities
Litigation Reform Act of 1995. These forward-looking statements can
be identified by terminology such as "will," "expects,"
"anticipates," "future," "intends," "plans," "believes,"
"estimates," "target," "going forward," "outlook" and similar
statements. Such statements are based upon management's current
expectations and current market and operating conditions, and
relate to events that involve known or unknown risks, uncertainties
and other factors, all of which are difficult to predict and many
of which are beyond Datasea's control, which may cause Datasea's
actual results, performance or achievements (including, without
limitation, the performance and related results of operations
arising from Datasea’s contracts and products addressed in this
press release), Datasea’s ability to commercialize and expand its
pilot projects into permanent and/or additional engagements
throughout Harbin and beyond, to differ materially and in an
adverse manner from anticipated results contained or implied in the
forward-looking statements. Further information regarding these and
other risks, uncertainties or factors is included in Datasea's
filings with the U.S. Securities and Exchange Commission, which are
available at www.sec.gov. Datasea does not undertake any
obligation to update any forward-looking statement as a result of
new information, future events or otherwise, except as required
under the law.
Investor Relations Contact:
Gateway Investor RelationsMatt
GloverDTSS@gatewayir.com949-574-3860
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