OTTAWA, Nov. 29, 2019 (GLOBE NEWSWIRE) -- betterU Education Corp. (TSX VENTURE:BTRU) (FRANKFURT:5OGA), (the "Company" or "betterU") announced today it has filed its financial results for the quarter ended September 30, 2019. betterU is a Global Education Marketplace for emerging markets. The Company aggregates education, educational services and employment services from quality Institutions including universities, colleges, Industry leaders and corporations from around the world and makes their programs available to students through the betterU marketplace. betterU has now over 20,000 programs available.
Highlights for the three months ended September 30, 2019 include:
Outlook:
Additional information concerning the Company, including its audited consolidated financial statements and its Management’s Discussion and Analysis of Financial Condition and Results of Operations (“MD&A”) for the year ended March 31, 2019 can be found at www.sedar.com.
About betterU
betterU is an education-to-employment technology company offering an end-to-end skilling solution using artificial intelligence and skill automation designed for organizations who are seeking to skill, reskill or upskill their talent.
betterU has curated and collaborated with over 100 global organizations who has provided access to their content, technology and support the developed of skills assessments/reassessments, learning paths, and career development opportunities in betterU’s easy to use integrated platform. betterU’s eco-system includes full job / skill / employer / educational profile for essentially every country and every city with detailed job profiles (automation, skills, employers, etc) for 3,000 standardized jobs. They have also added taxonomy for 30,000+ skills with clustering and hierarchy and 30,000+ educational institutions and their individual programs mapped across Job / skill / talent profiles for millions of companies globally. The collaboration solution is the only way forward to solve mass skilling challenges for employers and employees globally.
We are helping India build better companies by developing better employees.
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.
By their nature, forward-looking statements include assumptions and are subject to inherent risks and uncertainties that could cause actual future results, conditions, actions or events to differ materially from those in the forward-looking statements. If and when forward-looking statements are set out in this news release, BetterU will also set out the material risk factors or assumptions used to develop the forward-looking statements. Except as expressly required by applicable securities law, the Company assumes no obligation to update or revise any forward-looking statements. The future outcomes that relate to forward-looking statements may be influenced by many factors, including, but not limited to: industry cyclicality; the ability to secure third party agreements; successful integration of BetterU’s system with third party technology; competition; reduction in demand for products; collection from customers; relationships with suppliers; product liability; intellectual property; reliance on key personnel; environmental; interest rates; uninsured and underinsured losses; operating hazards; risks of future legal proceedings; income tax matters; credit facilities; availability and terms of financing; distribution of securities; restrictions on potential growth; effect of market interest rates on price of securities; and potential dilution. betterU does not assume any obligation to update any forward-looking statements except as required by law.
CONTACT INFORMATION
For further information, please visit
http://www.betteru.ca/investor-overview/
Jason Burke, CFO
Investor Relations 1-613-695-4100 ex 233
Email: ir@betteru.ca