.
This will initially target students in Grades 5 through 9. The Company
will introduce other grades systematically over the coming quarters.UMeWorld is currently in advance stage negotiations with several companies for the national distribution of SmartStar Charge Cards, in CNY$200 (US$33), CNY$500 (US$82) and CNY$1,000 ($163) denominations. These Charge Cards will be used solely as payment for product purchases over the SmartStar platform and will carry a 12 months expiration limit once activated.
About SmartStar
SmartStar is a cloud-based adaptive learning education platform. Unlike traditional online
courseware, SmartStar provides a concept-level assessment and
evaluation of a student's learning progress. It identifies the student's
strengths and weaknesses, their proficiency in a given subject area and
personalizes the delivery of proprietary educational items according
the student's learning needs.About UMeWorld
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platform. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video
platform focused on bringing foreign video content to China. UMeLook is
deployed through a sophisticated CDN (Content Delivery Network) with
broad coverage throughout mainland China, Hong Kong & Taiwan.
UMeLook plans to be a source of foreign video content for the Chinese
viewer across any Internet-enabled device in China. UMeWorld intends to
focus its future operations on digital media and the digital education
market.Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
For more information, please contact:
UMeWorld Limited
E-mail: info@UMeWorld.com
Published at Investorideas.com – Big Ideas for Global Investors
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