VANCOUVER, British Columbia, Sept. 07, 2017 (GLOBE NEWSWIRE) -- Moovly Media
Inc. (TSX VENTURE:MVY) (FRANKFURT:0PV2)
("Moovly" or the
"Company”) has experienced strong growth in the first half of 2017 from the educational sector
(educational subscriptions grew over 1200%, (more than 12 times in the first half of 2017)), and Moovly has primed its servers to
cater for further potential growth in this area.
Moovly has always had a strong following in the educational sector due to its powerful video editing tool,
Moovly Studio. This tool has allowed educators to provide their students with a powerful video creation tool, an
essential element in today’s education systems.
Prior to back to school, Moovly primed its registration servers to detect educational domains, offering
registrants automatic upgrades to Moovly’s educational subscription. Moovly’s Educational package is a free subscription
exclusively for staff and students at recognized educational institutions (schools, colleges and universities) thus allowing
students to continue using the platform without having to pay for an unlimited license. The primary difference between the paid
unlimited license and the educational license is a small Moovly watermark which is superimposed on the video of educational
subscribers. Educational subscribers not wishing to have the watermark can always purchase a normal Moovly subscription with a 50%
discount.
Geert Coppens, Co-founder and CTO, commented: “Moovly has always been a popular platform for teachers and
students, enabling them to create videos on educational topics, complete engaging classroom assignments or increase media literacy
and creativity. Moovly also partners with learning platforms and educational publishers to offer single sign-on options, video
content and exercises, curriculum-aligned media libraries and more. While Moovly offers teachers and students free educational
licenses, many of them upgrade to Moovly’s commercial licenses, providing them higher video quality and many additional features
and benefits.”
For additional information regarding Moovly, please refer to its website at www.moovly.com
Files are available for download in press room
Please visit our press room for images of founders, logo files, screen shots and other materials at www.moovly.com/pressroom.
Reader Advisory
This press release contains forward-looking statements and forward-looking information within the meaning of
applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing",
"may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking
information or statements. More particularly and without limitation, this news release contains forward looking statements and
information with respect to Moovly's future business plans and the expected benefits of its products. The forward-looking
statements and information are based on certain key expectations and assumptions made by the Company. Although the Company
believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable,
undue reliance should not be placed on the forward looking statements and information because the Company can give no assurance
that they will prove to be correct.
By its nature, such forward-looking information is subject to various risks and uncertainties, which could
cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. These
risks and uncertainties, include, but are not limited to, Moovly's inability to continue to commercialize its products or demand
for its products decreases or disappears. Other risk factors are set forth in detail in the Company's Management Information
Circular dated March 30, 2016 which is available for review under the Company's corporate profile at www.sedar.com. Some other risks and factors that could cause the results to
differ materially from those expressed in the forward-looking information also include, but are not limited to: general economic
conditions in Canada, the United States and globally; industry conditions, unanticipated operating events; failure to obtain any
necessary third party consents and approvals, if and when required; the availability of capital on acceptable terms; the need to
obtain required approvals from regulatory authorities; stock market volatility; competition for, among other things, capital and
skilled personnel; changes in tax laws; and the other factors. Readers are cautioned that this list of risk factors should
not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary
statement. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date
hereof, and to not use such forward-looking information for anything other than its intended purpose. The Company undertakes
no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events
or otherwise, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For additional information please contact: Brendon Grunewald CEO and Director Office phone: +32 9 398 81 20 Email: press@moovly.com Dan Whittle for investor relations Phone: +1 604-639-4486 Email: daniel.whittle@moovly.com
