betterU Education Corp update on B2B efforts
September 26 2019 - 10:00AM
betterU Education Corp. (TSX VENTURE: BTRU, Frankfurt: 5OGA) (the
"Company" or "betterU") is pleased to announce that it has
completed its first online course and instructor-led classroom
program with McDonald’s India. McDonald’s India has since awarded
betterU with additional programs to develop. While these are
smaller programs to start with, the Company is focused on building
a longer-term relationship and providing more support programs
under development.
betterU has created a database of hundreds of
corporate accounts within India alone and is working to roll out a
manageable schedule of corporate pitches based on their newly
developed corporate offering and strategy. After meeting with
many corporates on betterU’s last trip to India back in July 2019,
it became clearer that in order to support national corporate
programs betterU would be required to provide a simplified solution
that can support both a larger core offering with variable off the
shelf adhoc courses. The Company’s core program needed to:
- provide a base of courses to support a standardized Corporate
offering (see below);
- implement a Learning Management System that any corporate could
use to track employee progress.
- provide content that was scalable across multiple departments,
affordable, relevant and customizable.
betterU also had to look at how to address
access to more comprehensive solutions for corporates including
such considerations as a talent management and HR system, talent
management consultants and coaches, applicant tracking and
onboarding systems, employee survey providers, 360s / multi-rate
feedback and career development systems.
As betterU’s business model has been developed
for ease of growth through sourcing and collaboration, betterU was
able to locate and partner with the USA based firm Vado Inc., who
met the requirements for all that was needed to support Corporate
India.
In August 2019, betterU partnered with Vado Inc.
and has been developing promotional materials to support the
offering of over 295 corporate core courses through betterU which
support for instance career development, coaching and work
relationships. Combined with all other courses available through
betterU such as AI, Machine Learning, Big Data, Finance and much
more, the Company now has a more robust solution for corporates and
will begin further efforts with corporate India in the upcoming
weeks.
“Many Corporates that betterU has met with have
described their current challenges to include having to work with
multiple educators, each providing only part of the learning
solutions, while trying to integrate technologies and delivery that
are not aligned for simple employee management. betterU is now able
to offer a one-stop-shop-solution to solve the needs of a Corporate
across all aspects of their challenges. We have the right partners
with quality content across multiple subjects, affordability,
relevance and integrated supporting systems. We are looking forward
to update the market about further progress in due course,” said
Brad Loiselle, CEO of betterU.
About betterU Education
Corp.
betterU, a global education to employment
platform, aims to provide access to quality education from around
the world to foster growth and opportunity to those who want to
better their lives. The company plans to bridge the prevailing gap
in the education and job industry and enhance the lives of its
prospective learners by developing an integrated education to
employment ecosystem.
betterU’s offerings can be categorized into
several broad functions: to compliment school programs with
flexible preschool, KG-12 programs preparing children for next
stage of education, to provide access to global and localized
educational programs from leading educators, to foster an
exceptional educational environment by providing befitting skills
that lead to a better career, to bridge the gap between one’s
existing education and prospective job requirement by training them
and lastly, to connect the end user to various job
opportunities.
betterU today has partnered with over 75 global
educators, representing access to over 53,000 programs. It is
developing technology and ongoing more partners required to support
the growing education needs of the world.
For more information, please visit
www.betterU.in
Contact:
Brad Loiselle, CEO
better Education Corp. Investor Relations 1-613-695-4100 Email:
ir@betteru.ca
Neither TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
This press release may contain forward-looking
statements and information, which may involve risks and
uncertainties. The results or events predicted in these statements
may differ materially from actual results or events. Factors that
might cause a difference include, but are not limited to,
competitive developments, risks associated with betterU’s growth,
the state of the financial markets, regulatory risks and other
factors. There can be no assurance or guarantees that any
statements of forward-looking information contained in this release
will prove to be accurate. Actual results and future events could
differ materially from those anticipated in such statements. These
and all subsequent written and oral statements containing
forward-looking information are based on the estimates and opinions
of management on the dates they are made and expressly qualified in
their entirety by this notice. Unless otherwise required by
applicable securities laws, betterU disclaims any intention or
obligation to update or revise any forward-looking statements,
whether because of new information, future events or otherwise.
Readers should not place undue reliance on any statements of
forward-looking information that speak only as of the date of this
release. Further information on betterU’s public filings, including
their most recent audited consolidated financial statements, are
available at www.sedar.com.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ee482d35-0de8-4326-b820-e86beb229fb3
Betteru Education (TSXV:BTRU)
Historical Stock Chart
From Dec 2024 to Jan 2025
Betteru Education (TSXV:BTRU)
Historical Stock Chart
From Jan 2024 to Jan 2025