EXO U announces its first quarter fiscal 2016 financial results - Stockhouse
the Company announced that it has entered into a partnership agreement with Proeducacion, a leading Mexican based provider of comprehensive, simple and reliable technology solutions for schools and universities. With the EXO U education solution, Proeducacion plans to enhance its product offering and expand its reach into the education sector in as its new Chief Operating Officer. Pawsey, a three-time CEO in the education sector and one of the industry's most dynamic and connected executives, brings 20 years of experience to EXO U and a proven history of success in developing sustained business growth internationally in the... During the quarter, the Company conducted a number of trials and pilots of its product with educational institutions. In addition, demonstrations of the product have been made with a number of significant potential partners throughout the Americas and , the Company announced that it has entered into a strategic partnership agreement with SIGMAnet, Inc. Launch of the Company's New Digital Education Platform on , President and CEO of EXO U "This, as well as the difficult financial markets, has impacted our ability to raise much needed capital. The absence of sales was attributable to the building of new sales channels with partners coupled with the timing of the launch of the new version of the Company's product offering. Source: www.stockhouse.com
