- Announced 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
OTTAWA, Sept. 26, 2019 — 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: [email protected]
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
B2B Model
This Model is a high-level B2B Core / adhoc offering
Source: GlobeNewswire (September 26, 2019 – 10:00 AM EDT)
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