Press: PCS Edventures Announces Learning Center Initiative
PCS EDVENTURES ANNOUNCES LEARNING CENTER INITIATIVE
BOISE, Idaho – February 21, 2012 – PCS Edventures!.com, Inc., (OTCBB: PCSV-News) a leading provider of K-12 programs that focuses on Science, Technology, Engineering and Mathematics (STEM), today announced the signing of a Memo of Understanding on February 10th, 2012, with Sage International Charter School, located in Boise, defining a mutually beneficial partnership.
PCS will provide Sage International, an International Baccalaureate School, with a premier science, technology, engineering, and mathematics (STEM) laboratory in exchange for providing PCS with the ability to offer hands-on learning classes in STEM topics during afterschool, evening, weekend, and summer hours.
“The signing of this MOU marks the official formation of an exciting partnership we have been developing for some time now,” said Robert Grover, CEO of PCS Edventures. PCS conducted market test activities during November and December of 2011 at the Sage facility that enabled both parties to evaluate the partnership. PCS began offering afterschool enrichment courses on February 14th at Sage and continues to expand the laboratory equipment for Sage to use during the day that PCS will use after school.
Don Keller, Principal of Sage International, said, “Sage believes the path to a 21st century education is through partnerships with organizations and industry, and this partnership is an excellent match. Our technology education program has been significantly enriched through the addition of the PCS materials, and parent response to the afterschool and camp offerings has been overwhelming with classes filling very quickly.”
PCS launched a domestic learning center initiative at the beginning of the calendar year, and plans to partner with entities such as Sage International to provide facility and market access in exchange for STEM program materials and support. Globally, PCS develops Learning Center partners, the first International licensee being Kindle Experiential Learning in India. KEL opened their first learning center for test classes in Hyderabad, India this month and are actively planning expansion to additional sites. Their website can be visited at www.creyalearning.com.
“Increasing our attention on Learning Centers is a solid marketing strategy for PCS in the current domestic educational landscape,” said Robert Grover. “School budgets continue to shrink and stagnate. This is an opportunity to create a relationship that is a win-win-win for schools, students, parents, and PCS. It enables us to take our extensive library of STEM related products and content and create a rich learning environment that benefits everyone.”
PCS is focusing more on partner and customer relationships, and reorganizing to accomplish this. To strengthen and improve operational efficiency, PCS recruited Brett Newbold as an operational advisor to the executive management team.
Mr. Newbold, who joined PCS in January of 2012, has extensive executive management experience having served the role of CEO, COO, and CTO for a variety of companies both domestic and international over many years. Mr. Newbold served as a direct report to Larry Ellison (Oracle, ORCL) for eight years as a Vice President of R&D managing market and technology initiatives. “PCS is a good company. The remarkable changes in our education system today will require dedicated and committed professionals like those in PCS. I’m thrilled to be part of this company.” said Mr. Newbold.
About PCS Edventures!
PCS Edventures!.com, Inc. (PCS) designs and delivers educational products and services to the K-16 market that develop 21st century skills, including critical thinking, problem solving, creativity, and communications. PCS programs emphasize hands-on experiences in Science, Technology, Engineering and Math (STEM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries. Additional information is available on the Internet at http://www.edventures.com.
PCS Edventures is headquartered in Boise, Idaho, and its common stock is listed on the OTC Bulletin Board under the symbol “PCSV.”
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934. These forward-looking statements are based largely on the expectations or forecasts of future events, can be affected by inaccurate assumptions, and are subject to various business risks and known and unknown uncertainties, a number of which are beyond the control of management. Therefore, actual results could differ materially from the forward-looking statements contained in this press release. Additional information respecting the factors that could materially affect the Company and its operations are contained in its annual report on Form 10-K for the year ended March 31, 2011 and Form 10-Q for the nine months ended December 31, 2011 as filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statement.
Financial Contact: Leann Gilberg 1.800.429.3110 X 101, firstname.lastname@example.org
Investor Contact: Robert Grover 1.800.429.3110 X 102, email@example.com
Web Site: www.edventures.com