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  • KNeoMedia has secured a sale of its educational program which will see another 2000 NYC school students use it
  • The company released the program under a joint initiative with Dell Technologies and the National Association for the Advancement of Colored People
  • KNeo’s share price is remaining flat today, currently sitting at $0.039 apiece

KNeoMedia has secured a sale of its educational program which ensures it will be used by an additional 2000 New York school students, as classes resume.

The company released the program, KneoWorld, under the Connect All Kids initiative, which tech-giant Dell and the National Association for the Advancement of Colored People (NAACP) are involved in.

Company CEO James Kellett said: “It is very encouraging to see our KneoWorld content having such strong take-up in the United US general education market which is much larger, easier to fund and easier to access.”

KNeo explained its program has been steadily gaining traction in The States, giving it access to 1.25 million students in 2300 schools within the New York City boroughs.

If the program is able to branch across the entire nation it could potentially reach up to 23 million primary school students.

“Together with NAACP and Dell Technologies, it is evident our story-based content has wide appeal to kids in general education based on the fact that it is not only educational but clearly very engaging,” James said.

Each student who uses the program receives a personalised experience which is tailored to their individual needs. This includes help with maths, literacy, arts and science.

The program uses a “sophisticated analytics dashboard that monitors progress,” to assess how each child is performing and tailor the program where needed.

The company will receive $150,000 from the current sale, which falls under a three-year agreement.

KNeo’s share price is remaining flat today, currently sitting at $0.039 apiece, as of AEST 1:41 pm.

KNM by the numbers
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