HONG KONG, Feb 18, 2014 (BUSINESS WIRE) -- UMeWorld Limited (OTCQB: UMEWF) is very pleased to announce that UMFun will be used exclusively to power 60,000 cloud terminals delivered to schools across the Guangdong Province. The schools in the City of Maoming will immediately receive 6,000 sets. It is anticipated that each cloud terminal will serve between 10-15 students in a typical school.
A cloud terminal has many advantages over a traditional computer. It can be purchased at a fraction of the cost of a PC, with less maintenance and support. Its’ energy consumption is about 5% of a PC and has a smaller footprint. It is essentially just a monitor with keyboard. With cloud computing, individual terminal software licenses are not required. Instead, a cloud terminal uses a simple, license free OS, with interface software. In this educational platform, UMFun becomes the main user interface (UMFun desktop) that allows the school to control which activities, applications and websites a student can use. A student or teacher must have a UMFun account in order to login to the cloud terminal. Third party providers wishing to market Apps to UMFun clients must be integrated into the UMFun desktop.
Michael Lee, President and CEO commented, “This is a huge opportunity for us in that it sets us apart from the competition. We will be first to provide an online educational assessment tool for students, teachers, schools and district administrators. It sets the stage for UMeWorld to become a dominant online educational service provider in China. We are now able to offer a cost effective solution to digitizing school content. We are in discussions with regional school equipment distributors to market UMFun bundled cloud terminals to their school clients. Looking ahead, I see an explosive growth potential for UMFun bundled cloud terminals in 2nd and 3rd tier cities, resolving cost concerns which to date have been the major hinderance to the implementation of e-learning and educational assessment tools in these communities.”
The K-12 education system in China is the largest in the world, comprising 230 million students. UMeWorld is on track to becoming a leading educational service provider in China. UMeWorld is also committed to becoming China's largest provider and repository of e-portfolios for students.
About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," -- through its UMeLook, UMFun and UMeGame business divisions.
UMeLook.com, an online video platform focused on bringing foreign video content to China, is deployed through a sophisticated CDN (Content Delivery Network) with broad coverage throughout mainland China, Hong Kong & Taiwan. UMeLook.com plans to be the go to source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMFun.™ is a cost effective, engaging and fun to use assessment and tutoring platform that can intelligently analyze and adapt to a student’s performance and personalizes the delivery of proprietary educational items according to the student’s learning needs. UMeGame.com is a mobile game developer seeking to capitalize on the fast growing mobile gaming market through the sourcing, development and publishing of the best mobile games, applications and services.
Forward Looking Statement
This release may contain projections and other forward-looking statements that involve risks and uncertainties. Forward-looking statements are projections reflecting management's judgment and assumptions based on currently available information and involve a number of risks and uncertainties that could cause actual results to differ materially from those suggested by the forward-looking statements. These forward-looking statements can be identified by terminology such as “will,” “expect,” “anticipate,” “future,” “intend,” “plan,” “believe,” “estimate,” “confident” and similar statements. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties that may cause actual results to differ materially from expectations. Future performance cannot be assured. Readers are referred to the documents filed by UMeWorld with the Securities and Exchange Commission (SEC), specifically the most recent reports which identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements.
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