OTTAWA, May 19, 2017 (GLOBE NEWSWIRE) -- betterU Education Corp. (TSX VENTURE:BTRU) (FRANKFURT:5OGA), (the
"Company" or "betterU") is pleased to announce that Kevin Harrington, a globally renowned entrepreneur, has joined the betterU
Board of Advisors in the company’s effort to support management as it builds entrepreneurship programs to support small and medium
size businesses across India.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/5a2541ce-710b-43aa-a2f3-58b5edfaa06b
In a growing country such as India, there are unfortunately more people than there are available jobs, which is
what usually creates the ecosystem for entrepreneurship to thrive. While small and medium (S&M) size businesses make up most of
a counties’ GDP, it would only make sense that there were educational programs to support these budding entrepreneurs. “Being
an entrepreneur for more than 20 years, I understand the challenges faced with inadequate entrepreneur support. With betterU, we
want to not only provide access to quality education, but also help bring together global leaders in key industries to help support
India’s advancement. Having such a well-known entrepreneur like Kevin joining our team will help drive forward more awareness,
increased support and access to better entrepreneur education for India,” said Brad Loiselle, President and CEO of
betterU.
Over the last 10 years across North America, national reality entrepreneurship TV shows such as ‘Dragon’s Den’
in Canada and ‘Shark Tank’ in the USA have showcased, created awareness and brought a spark to the life of an entrepreneur. These
TV shows consisted of a panel of highly successful entrepreneurs willing to invest their own money into new ideas presented by the
budding entrepreneurs. The ‘Dragons or Sharks’ as these judges would be called, would evaluate the ideas, work to understand the
stage of the business and determine if the budding entrepreneurs had what it took to drive the business to success. What made these
shows so successful was that they showcased the reality of what it takes to build a business and the struggles that an entrepreneur
would face. Shark Tank made its debut in India January 2016. Colors Infinity, which is the English entertainment channel of
Viacom18 Media Pvt. Ltd. has launched a comprehensive marketing campaign for the show. The show is very much in line with the
direction of the country and the ‘Start-up’ and ‘Make in India’ Initiatives launched by Prime Minister Modi. “Being an
entrepreneur is one of the most difficult careers to enter into, but also so rewarding. Education and ongoing leadership support
for budding entrepreneurs will help increase the chance of success. Working with betterU I am excited to provide my decades of
experiences to support India’s growth,” said Kevin Harrington, serial entrepreneur and business executive.
About Kevin Harrington
Kevin Harrington has been a successful entrepreneur over the last 40 years. He is an Original Shark on the ABC
hit, Emmy winning TV show, “Shark Tank.” He is also the Inventor of the Infomercial, As Seen On TV Pioneer, Co-Founder of the
Electronic Retailers Association (ERA) and Co-Founder of the Entrepreneurs’ Organization (EO). Kevin has launched over 20
businesses that have grown to over $100 million in sales each, has been involved in more than a dozen public companies, and has
launched over 500 products generating more than $5 billion in sales worldwide with iconic brands and celebrities such as Jack
Lalanne, Tony Little, George Foreman, and the new I-Grow hair restoration product on QVC. Kevin has extensive experience in
business all over the world, opening distribution outlets in over 100 countries worldwide. His success led Mark Burnett to hand
pick Kevin to become an Original Shark on Shark Tank where he filmed over 175 segments.
Kevin currently operates a private consulting firm where he works with companies to increase distribution;
analyze electronic retailing opportunities; effectively market on digital, social media, TV, radio, or print; source manufacturing;
celebrity relationships; open up his rolodex; and has been able to 10 X the stock price of several public companies. In today’s
competitive world, companies cannot operate the way they have in the past because of the advancements in technology and the digital
marketplace. Kevin provides the advice and expertise on how to navigate the constant changing distribution and marketing outlets.
Kevin also brings his rolodex and relationships to all companies he works with, including help in financing, like he did with
Russell Simmons and Celsius: http://www.bizjournals.com/southflorida/news/2015/04/21/celsius-lands-16m-celebrity-investment.html.
Kevin got his start as a young entrepreneur in the early 80’s when he invested $25,000 and launched Quantum
International. This turned into a $500 million per year business on the New York Stock Exchange and drove the stock price from $1
to $20 per share. After selling his interest in Quantum International, he formed a joint venture with the Home Shopping Network,
called HSN Direct, which grew to hundreds of millions of dollars in sales. Entrepreneur Magazine has called him one of the top
Entrepreneurs of our time.
Aside from speaking to audiences across five continents, Kevin’s influence has reached over 100 million people
through his multi-media presence and industry dominance. A prominent business thought leader, he is often featured and quoted as a
business leader in the Wall Street Journal, New York Times, USA Today, CNBC, Forbes, Inc., Entrepreneur, Fortune, The Today Show,
Good Morning America, CBS Morning News, The View, Squawk Box, Fox Business, and more. He is a regular contributor to Forbes.com,
Inc.com, and has published acclaimed books like Act Now! How I Turn Ideas Into Million Dollar Products as well as the best seller,
Key Person of Influence.
He is a co-founder of the EO (Entrepreneurs Organization), which has grown to 45 countries and thousands of
members, generating over $500 billion of member sales. In 1990, he co-founded the global direct to consumer organization and trade
show, the Electronic Retailers Association (ERA). Today ERA is the exclusive trade association to represent a global $350-billion
direct-to-consumer market place, encompassing 450 different companies in 45 countries.
The true value of Kevin is not only the 40 years of his knowledge of building businesses but also what he can do
for other companies in many industries with his global rolodex and his ability to solve problems.
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 their 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.
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.
betterU cautions you that statements included in this press release that are not a description of historical facts may be
forward-looking statements. Forward-looking statements are only predictions based upon current expectations and involve known and
unknown risks and uncertainties. You are cautioned not to place undue reliance on these forward-looking statements, which speak
only as of the date of release of the relevant information, unless explicitly stated otherwise. Actual results, performance or
achievement could differ materially from those expressed in, or implied by, betterU's forward-looking statements due to the risks
and uncertainties inherent in betterU's business including, without limitation, statements about: the progress and timing of its
clinical trials; difficulties or delays in development, testing, obtaining regulatory approval, producing and marketing its
products; unexpected adverse side effects or inadequate therapeutic efficacy of its products that could delay or prevent product
development or commercialization; the scope and validity of patent protection for its products; competition from other
pharmaceutical or biotechnology companies; and its ability to obtain additional financing to support its operations. 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/ Investor contact: Bruce Chick, MBA VP Corporate & Investor Relations 1-613-695-4100 Ext. 233 Email: ir@betteru.ca
