Gurmit Singh, Former Managing Director of Yahoo India and CEO Forbes India enters into agreement to support betterU

OTTAWA, April 23, 2019 (GLOBE NEWSWIRE) -- betterU Education Corp. (the "Company" or "betterU") is pleased to announce that Mr. Gurmit Singh through his firm DAUWAU will work as a consultant in order to support the Company's efforts in providing access to education across India.

Mr. Singh comes to betterU with over 20 years of experience, including most recently as the Managing Director of Yahoo! India Pvt. Ltd. (formerly known as Yahoo! Inc.). Mr. Singh managed Yahoo!'s business in India and was responsible for its growth in the country since 2012. Prior to this, he served as the Chief Executive Officer of Forbes India at Network 18. During his career, he held many leadership roles across consumer products, music, entertainment and media sectors, working for companies such as Sony Music, Hindustan Times, India Today Group, Rajshri Media, Marico Industries and Network 18.  

As India continues to grow and evolve, education plays one of the most critical roles in the country's success. Access to quality education and skills development is one of the country's key priorities. Currently skill initiatives such as the Government's ?Skills India' push has been working to solve the skilling of over 150 million people across all sectors.  Mr. Singh, having overseen the growth of Yahoo! India, has first-hand experience with the high level of content consumption in India. After exiting from his role at Yahoo!, Mr. Singh initiated more in-depth research into the education market, which led him to betterU.  "I was pleasantly surprised to hear of the efforts betterU has been making in India. I believe that what they have been building could pioneer a shift in access to education that could support everyone everywhere. This is only possible by bringing together as many partners that betterU has been able to accomplish. When Brad Loiselle, CEO of betterU and I first spoke, I was excited to not only learn more, but to offer my support in helping them get their company more known," said Mr. Singh.

Online education in India continues to grow at an exponential rate and according to a report by Google and KPMG, by 2021 the Indian online learning market will reach close to $2 billion in revenues.  UNESCO stated that by 2030 there will be a shortage of over 65 million teachers globally. This will have a significant impact on the world's ability to provide access to quality education unless the world's educators come together to solve this problem. "betterU has been focused on this problem for many years and I was thrilled that someone with Gurmit's experience saw the value in what we have been building for India.  My team and I are looking forward to working with Gurmit and advancing betterU's nation efforts in India," said Brad Loiselle, President and CEO, betterU.

About betterU - www.betterU.in

betterU, a global education-to-employment platform, aims to provide access to quality education from around the world 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 education-to-employment ecosystem. betterU's offerings can be categorized into several broad functions: to complement school programs with flexible KG-12 programs preparing children for next stage of education, to provide access to global educational opportunities from leading educators, 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.

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This press release may contain forward-looking statements and information, which may involve risks and uncertainties. The results or events predicted in these statements may differ materially from actual results or events. Factors that might cause a difference include, but are not limited to, competitive developments, risks associated with betterU's growth, the state of the financial markets, regulatory risks and other factors. There can be no assurance or guarantees that any statements of forward-looking information contained in this release will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral statements containing forward-looking information are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Unless otherwise required by applicable securities laws, betterU disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events or otherwise. Readers should not place undue reliance on any statements of forward-looking information that speak only as of the date of this release. Further information on betterU's public filings, including their most recent audited consolidated financial statements, are available at www.sedar.com.

On behalf of the Board of Directors,
betterU Education Corp.
Brad Loiselle, CEO

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