EXO U expands it's offering in Panama with additional deployments of immersive digital classrooms

MONTREAL, March 27, 2014 /CNW Telbec/ - EXO U Inc. (TSX-V: EXO), a provider of an innovative software suite that enables businesses and educational institutions to securely manage their mobile workforces and students by delivering ubiquitous applications spanning desktop and mobile computing environments, announced today an expansion of its ongoing relationship with the Panamanian government. Specifically, EXO U will be providing its digital classroom solution to three additional entities within the Government of Panama:

• Secretaria Nacional de Ciencia, Tecnología e Innovación ("SENACYT");
• Institute for Scientific Research and Technology Services ("INDICASAT"); and
• University of Panama.

EXO U's digital classroom solution consist of EXOdesks, table-sized, interactive touchscreen devices, for both students and teacher. The devices run the EXO UI that enables users to access educational content and share this information seamlessly with Apple iOS and Mac OS, Android, Linux, and Windows devices within the classroom environment.

This order builds upon EXO U's previous sale of an earlier digital classroom offering to SENACYT as well as the ongoing deployment of EXO U's universal application framework to 100,000 students in Panama. This additional expansion will allow these organizations to continue to develop and deploy tailored applications for their students based upon user-generated content and real-time feedback from both students and teachers.

"We are pleased to be able to provide these additional entire digital classrooms to Panama" said Shan Ahdoot, EXO U's CEO. "We are gratified that Panama is satisfied with our solution and continues to build its capabilities in digital education utilizing the EXO U framework."

ABOUT EXO U

EXO U enables businesses and educational organizations to securely manage information and empower people to communicate their best ideas through application interoperability across desktop and mobile computing environments. We simplify the management of the entire application lifecycle, helping clients manage enterprise mobility and BYOD initiatives, ensure the security and privacy of information, increase productivity, and reduce the total cost of ownership for existing and future IT investments. The EXO U technology agnostic framework offers users a unified collaborative workspace with a unique, secure and attractive experience for current and future digital content and applications. For more information, visit http://www.exou.com and follow us on Twitter http://twitter.com/exo_u.

DISCLAIMER

DISCLAIMER IN REGARDS TO FORWARD-LOOKING STATEMENTS
Certain statements made in this press release that are not historical facts are forward-looking and are subject to important risks, uncertainties and assumptions. The results or events predicted in these forward‑looking statements may differ materially from actual results or events. As a result, readers are cautioned not to place undue reliance on these forward-looking statements. For additional information with respect to certain of these and other assumptions and risk factors, please refer to EXO U's management's discussion and analysis dated September 29, 2013 available under the Corporation's profile on SEDAR at www.sedar.com. The forward-looking information contained in this press release represents EXO U's current expectations. EXO U disclaims any intention and assumes no obligation to update or revise any forward-looking information, except by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts any responsibility for the adequacy of this release.

SOURCE: EXO U Inc

Doug McCollam, Chief Financial Officer, [email protected], [phone]