betterU Education Corp., the Canadian Embassy and NASSCOM, Held Discussions Last Week for the Purpose of Partnering to Help
'Skill Up' Millions of People Across India's IT-ITes Sector
OTTAWA, ONTARIO--(Marketwired - May 2, 2017) - Editors note: There is one photo accompanying this press
release.
betterU Education Corp. (TSX VENTURE:BTRU)(FRANKFURT:5OGA) (the "Company" or "betterU") is pleased to announce that it has
entered into discussions with NASSCOM / IT-ITes SSC, for the purpose of partnering to support the country's requirements for
skilling millions of IT professionals across the IT sector. The discussions were held at NASSCOM's head office in Noida, India on
Friday April 28, 2017. In a show of support for betterU and Canada's commitment to bilateral trade, Mr. Brian Parrott, Minister
Commercial and Sr. Trade Commission Services from the Canadian Embassy was also present.
The discussion, led by Mr. Bradley Loiselle, President and CEO betterU Education Corp., was focused on the approach and the
capabilities of betterU to foster an exceptional educational environment by providing befitting skills that would lead to a
better career by bridging the gap between one's existing education and prospective job requirements. Through relevant training
provided via betterU's education marketplace, the learner would benefit not only from advancing their skills, but also accessing
job opportunities. betterU and NASSCOM have now begun the process of exploring a formal agreement, subject to due diligence by
both parties.
There are many global educators looking to participate in the "Skill India" initiative set out by Prime Minister Modi with a
vision to skill up 500 million people by 2022. The reality is that most of them are not established to service the masses simply
because there are too many variables required to meet the individual training needs of everyone. betterU, with thousands of
courses across multiple learning categories plans to address the skill competencies of each learner through pre-and-post
assessments, followed by recommending the best learning options selected across multiple global education programs, all while
integrating their results back into the betterU profile of the learner. betterU's collaborative approach will enable educators,
that are normally focused only on specific types of learning, the opportunity to contribute to a learner's learning path which
might require more than what one individual educator can provide.
betterU's aim is to provide access to relevant quality education from around the world in order 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 ecosystem. "Skilling up millions of
people requires a collective collaborative approach that focuses on bringing together all relevant educational services and
content partners onto one delivery system. Without a collaborative approach, the chance of effectively skilling millions of
people is much more difficult. We have spent years putting together a global education marketplace to support the vision of Prime
Minister Modi and by partnering with organizations such as NASSCOM, we can collectively accomplish this," said Bradley
Loiselle, President and CEO betterU.
About NASSCOM
NASSCOM is the industry association for the IT-BPM sector in India. A not-for-profit organisation funded by the industry, its
objective is to build a growth-led and sustainable technology and business services sector in the country.
Established in 1988, NASSCOM's membership has grown over the years and currently stands at 1,400. These companies represent 95
percent of industry revenues and have enabled the association to spearhead initiatives and programs to build the sector in the
country and globally.
NASSCOM members are active participants in the new
global economy and are admired for their innovative business practices, social initiatives and thrust on emerging
opportunities.
www.nasscom.in/
About betterU
betterU, an online education technology company, aims to provide access to quality education from around the world in order 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 ecosystem. betterU's
offerings can be categorized into four broad functions: to compliment school programs with flexible KG-12 programs preparing
children for next stage of education, 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.
www.betterU.ca and www.betterU.in
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 as a result 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.
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