Investorideas.com breaking new for AI, drones, GPS and technology

Monday, July 15, 2013

China's Online Education Market: Stocks to Watch: UMEWF, EDU, DL, XRS

New York, NY, Point Roberts, WA - July 15, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors issues a sector snapshot of the online China education market and some of the publicly traded companies going after market share.

According to an article in technode.com quoting CEO of New Oriental, “ 40% of China’s Existing Education Market Will Be Online in 3-5 Years.
The online education industry is still in its infancy compared to the potential it represents down the road as China’s hunger for education explodes..
A recent article in Techcrunch.comn said, “ education institutions are now struggling with demand, especially in fast-growing markets like China. Schools there literally can’t build enough buildings to put people in their colleges, he said, and are trying to figure out how to handle issues like students that are sometimes seven hours away from their nearest physical campus. Online education means you can scale immensely without worrying about growing the physical plant and those costs, and it also means students need only a phone to participate, lowering costs immensely."
According to data from MarketResearchReports.Biz,"in China, the market size of the education and training industry soared from RMB610 billion in 2008 to RMB955.4 billion in 2012, with the CAGR of 11.87%."
Wall Street Journal said in its recent article, Online Education, A New Frontier in China , "Changing views of education in China make a shift to more online education inevitable. Chinese students are becoming less fixated on tests. Parents are increasingly sending their children to English-immersion camps abroad rather than classrooms. Today's children are more comfortable with e-learning."
UMeWorld (OTCQB: UMEWF) operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China and has recently branched out into the online education market. The Company just announced the launch of its SmartStar Home Version Subscription Service. The Company is a step closer to commercializing its digital education platform and is on track to becoming a leading education service provider in China.
SmartStar Home Version will be available through a monthly subscription of CNY$75 (US$12), enabling the user to have unlimited service access via the internet. This will initially target students in Grades 5 through 9. The Company will introduce other grades systematically over the coming quarters.
The stock closed at $0.4760, up 0.0360 or 8.18% in Friday’s session.
Investorideas.com Newswire New Oriental Education (NYSE:EDU) will report its financial results for the fourth fiscal quarter ended May 31, 2013, before the U.S. market opens on July 23, 2013.. The company is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence. The stock has a 52 week range of $9.410 $24.15 and is currently trading around its highs .
China Distance Education Holdings Limited (NYSE:DL) online courses are designed to help professionals and other course participants obtain and maintain the skills, licenses and certifications necessary to pursue careers in China in the areas of accounting, law, healthcare, construction engineering, and other industries. The Company also offers online test preparation courses to self-taught learners pursuing higher education diplomas or degrees and to secondary school and college students preparing for various academic and entrance exams. In addition, the Company offers online foreign language courses and offline business start-up training courses. The stock closed at $7.65 on Friday and has had a significant move in the past few months, moving up from a base of around $5.00
Investorideas.com Newswire TAL Education Group (NYSE:XRS) will release its unaudited financial results for the first quarter of fiscal year 2014 ended May 31, 2013, before the market opens on Monday, July 22, 2013.
The company operates www.eduu.com, a leading online education platform in China.
Additional stocks in the sector include China Education Alliance Inc. (OTC:CEAI) and ChinaCast Education Corp. (OTC:CAST)
MarketResearchReports.Biz also note ,"More and More Education Groups and Internet Enterprises Are Tapping Online Education Field. Education institutions are launching online courses covering a wide range of domains, such as foreign language, qualification test, skill education, and tutoring for students at elementary and secondary schools; on the other hand, internet enterprises are making positive efforts in building platform to share education content.
Article sources :
http://technode.com/2013/05/28/40-of-china-existing-education-market-will-be-online-in-3-5-years-ceo-of-new-oriental-education-technology/
http://techcrunch.com/2013/07/11/blackboard-co-founders-says-online-education-set-to-put-price-pressure-on-traditional-schools/
http://www.sbwire.com/press-releases/laetst-research-china-education-and-training-industry-report-2013-2016-at-marketresearchreportsbiz-279609.htm
http://online.wsj.com/article/SB10001424127887324879504578599083482117730.html
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including China stocks, biotech, tech and internet stocks, mining, energy, water, renewable energy, beverage stocks and more.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 - Source - www.Investorideas.com

Wednesday, July 10, 2013

China Social Media Stock Alert: UMeWorld (OTCQB:UMEWF) Unveils SmartStar Home Version Pricing and Charge Cards for Online Education Services in China

HONG KONG - July 10, 2013 (Investorideas.com newswire) MeWorld Limited (OTCQB: UMEWF) is pleased to announce the launch of its SmartStar Home Version Subscription Service. The Company is a step closer to commercializing its digital education platform and is on track to becoming a leading education service provider in China.

SmartStar Home Version will be available through a monthly subscription of CNY$75 (US$12), enabling the user to have unlimited service access via the internet. 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
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Monday, July 8, 2013

Mobile Commerce Stock Alert: SAMY Launching in the Middle East - GCC Region and Turkey

DUBAI AND SARASOTA, Fla. - July 8, 2013 (Investorideas.com newswire) via PRWEB - Ignivia Technologies FZCO, a leading services provider, and MobileBits Corp., (OTCBB: MBIT), provider of the SAMYSMmobile marketing and engagement network, today announced they have signed a multi-year, exclusive master agreement to sell SAMY in Turkey and the Middle East's Gulf Cooperation Council Region (GCC), which includes the United Arab Emirates (UAE), Kuwait, Bahrain, Qatar, Oman, Saudi Arabia, Jordan and Lebanon.
SAMY is the award-winning, patent-pending direct mobile marketing and engagement network that enables merchants and shopping centers to extend their brand to popular smartphones and engage with new and existing customers. SAMY also provides merchants an easy way to quickly integrate all the important retail touch points including point of sale (POS), gift cards, mobile offers, loyalty systems and more into one single, synchronized mobile platform.
"MobileBits has been gaining significant inroads in the European and American markets; we are delighted with this partnership and look forward to contributing to its continued success by adding another success story in the Middle East. There is a particularly robust outlook for mobile marketing and engagement solutions and our role will be to bring the best benefits and experience to both retailers and end users," said Mr. Yousef Shreim, President, Igniva Technologies.
According to AT Kearney, four of the Gulf States are in the top 20 countries of the 2013 Global Retail Development index with the UAE ranked fifth (5th), Kuwait ninth (9th), Saudi Arabia sixteenth (16th) and Oman seventeenth (17th).
"The Middle East has emerged as a hotbed of technology initiatives given the aggressive modernization projects being undertaken across the region. We view this as a very important strategic move that will strengthen both MobileBits and Igniva Technologies' presence in the region," added Mr. Yousef Shreim.
"We welcome the teams in the GCC region and Turkey. We believe that our SAMY re-seller model is uniquely designed for partners who have the ability to operate and manage the SAMY program in their country of experience," said Walter Kostiuk, President & CEO of MobileBits. "Ignivia brings an important sales and support component which will enable them to deliver tremendous value to the region's merchants and brands."
The GCC is the third territory where MobileBits has signed agreements with a master reseller partner to distribute SAMY. Earlier, MobileBits signed master agreements with partners in Italy and Russia, who recently expanded their partnership to include Ukraine; bringing the new total number of countries to sixteen (16).
About MobileBits Corporation
MobileBits, provider of SAMY, the fast growing 'Mobile Mall' that provides any merchant, retailer or brand with an out-of-the box, ready to deploy, mobile commerce platform to connect with consumers in their local area and help increase sales in the physical store. The solution provides businesses a complete set of tools to connect with, create and manage mobile campaigns, deals, offers, commerce, loyalty and rewards to a subscribed mobile consumer. For more information, visit http://www.mobilebits.com or http://www.samy.com.
Forward-Looking Safe Harbor Statement:
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially from forecasted results. These risks and uncertainties include our ability to: attract end users; attract advertisers; our ability to successfully implement our current long-term growth strategy; as well as product demand, market competition, fluctuations in advertising payouts, delays in website & application development, technical issues beyond our control, reliance on the various platforms that we build applications on, and risks inherent in our operations. For a discussion of these risks and uncertainties, please see our filings with the Securities and Exchange Commission. Our public filings with the SEC are available from commercial document retrieval services and at the website maintained by the SEC at http://www.sec.gov.
For more information contact:
JoLynn Blatz
MobileBits Corp.
T: 941.225.6103
jolynn.blatz@mobilebits.com
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/7/prweb10898187.htm
Published at Investorideas.com newswire
Disclaimer / Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products Or securities. Investorideas.com was compensated one hundred fifty dollars for this single news release.
http://www.investorideas.com/About/Disclaimer.asp
This site is currently compensated by featured companies, news submissions and online advertising.
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Tuesday, June 25, 2013

China Social Media Stock Alert: UMeWorld's (OTCQB:UMEWF) Video Platform Reaches 2.7 Million Unique Visitors

HONG KONG - June 25, 2013 (Investorideas.com newswire) Chinese Internet Stock Alert : MeWorld Limited (OTCQB: UMEWF) is pleased to announce that UMeLook.com, an online video platform focused on bringing foreign video content to China, has reached 2.7 million unique visitors since launching the newly redesigned site on May 24, 2013. UMeLook.com also enjoyed over 9.4 million page views in the same period. The page views have been steadily increasing to over 500,000 a day.

"I'm enormously pleased that UMeLook.com has reached this impressive milestone," said Michael Lee, President & CEO of UMeWorld. "This traffic number is all the more impressive given that it has been achieved in just over one month. However, this is just a sign-post on the way to UMeLook.com becoming a global e-commerce platform assisting small and medium brands worldwide to expand into the Chinese market."
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
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Thursday, June 20, 2013

Chinese Internet Stocks to Watch: (BIDU), (UMEWF), (YOKU) and the Chinese Online Video Market

New York, NY / Point Roberts, WA - June 20, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors issues a snapshot for the online Chinese video market and some of the publicly traded companies in the space. The big players are targeting the growing online and mobile market in China with acquisitions and strategic partnering, while new start-up company UMeWorld (OTCQB: UMEWF) is aiming for its audience with foreign content.

Search engine company Baidu, Inc. (NasdaqGS: BIDU), currently with the largest online video platform, announced in May its acquisition of the online video business of leading Internet video provider PPS for US $370 million.
Baidu and PPS expect the transaction to close in the second quarter of 2013, subject to customary closing conditions. Upon completion of the transaction, the PPS online video business will be consolidated into Baidu's financial statements. PPS's online video business will be merged with Baidu's own video platform iQiyi.
UMeWorld (OTCQB: UMEWF) 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 within China. UMeWorld intends to focus its future operations on digital media and the digital education market.
According to a recent press release from the company, "China has a population of 550 million "webizens," many of whom are glued to tablets or smartphones as they make their daily commute; mobile Web users last year totaled 420 million, an increase of nearly 18% from the previous year. However, the competition for "eyeballs" is fierce. Unlike many local online video companies who focus on local TV series and movies, UMeLook is uniquely positioned to provide foreign UGC video content of 3 to 8 minutes duration. UMeLook is targeting Chinese viewers between the ages of 18 and 45 years old who are interested in foreign information, products and brands.”
A recent report from www.iresearchchina.com notes, "Revenue of China online video attained 2.42 billion Yuan in Q1 2013, with a year on year growth of 39.5% and a quarter on quarter drop of 11.0% influenced by decreasing seasonal advertising. As the online video markets are gradually driven by multi-devices, commercialization of mobile internet will affect whole video industry in the future.”
Youku Tudou (NYSE: YOKU) recently signed a deal with SINA Corporation (NasdaqGS: SINA) to promote its video content on PC and mobile platforms.
Youku Tudou reported, "Under the deal, in exchange for access to Youku Tudou's video library, SINA will leverage their PC and mobile platform to promote Youku Tudou's licensed content to its users on Weibo. The multi-screen strategic collaboration also draws on huge gains in mobile traffic for both companies – 76% of Weibo's daily active users access Weibo through mobile devices, while Youku Tudou counts 170 million daily mobile views.”
Investorideas.com Newswire Research report link:
http://www.iresearchchina.com/views/4905.html
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more.
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month
BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894
800-665-0411 -  Source – www.Investorideas.com

Tuesday, June 11, 2013

Mobile Payment Stock Alert: CALPIAN'S (OTCQB:CLPI) Money-on-Mobile Serves over 53 Million Unique Users

Dallas, TX - June 11, 2013 (Investorideas.com mobile payment stocks newswire) Calpian, Inc. (OTCQB:CLPI) announced today that, as of May 31, 2013, the Money-on-Mobile service offered by its Indian subsidiary is now being supported by 138,711 retail locations, increased from 134,200 on April 30, 2013. Additionally, Money-on-Mobile was accessed by approximately 53 million unique phone number customers as of May 312013, up from the 49 million reported from the previous month. Processed transaction volume for May 2013, which is measured in Indian rupees, was slightly over 887.3 million INR – an approximate 36 million increase over April 2013 processed volume. At current exchange rates, May processed transaction volume was approximately $15.6 million.

According to Calpian CEO, Harold Montgomery, "It has now been slightly over a year since our initial investment in Money-on-Mobile and the company has outperformed our expectations. Money-on-Mobile’s consistent growth each month indicates to us that the service has considerable room to grow in what is one of the largest consumer markets in the world."
About Calpian, Inc.
Calpian, Inc. (CLPI) is a publicly traded company with corporate offices in Dallas , Texas , operating centers in Georgia , New York and Illinois and mobile payments emerging-market operations through its subsidiary in India.
Calpian's Indian subsidiary offers Money-on-Mobile, a pre-paid mobile payment solution, to more than 134,200 Indian retail locations. Calpian's management team has over 70 years in combined experience in the payments business. Calpian's CEO, Harold Montgomery, is a recognized industry leader who has provided expert testimony to the U.S. Congress and Federal Reserve Bank on payments-related issues and regularly appears in numerous industry publications, such as Transaction World Magazine. Please visit our website at www.calpian.com for more information.
Contact:
Calpian, Inc.
Cynthia Bailey, 214-758-8600
Chief Marketing Officer
cbailey@calpian.com
or
Company Contact:
Harold Montgomery, 214-758-8600
CEO
haroldmontgomery@calpian.com
or
Investor Relations Contact:
John Liviakis, 415-389-4670
john@Liviakis.com
Published at Investorideas.com newswire
Disclaimer/ Disclosure: The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure : Calpian ( OTC:CLPI) compensates Investorideas.com for news publishing and distribution and company profile : effective December 19th 2012 : five thousand per month and restricted 144 shares. http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894

Monday, June 10, 2013

Social Media Stock News: UMeLook (OTC: UMEWF) Prepares to Launch SmartStar Cloud-Based Adaptive Learning Education Platform

HONG KONG - June 10, 2013 (Investorideas.com newswire) UMeWorld Limited ( OTCQB: UMEWF) is pleased to announce the beta launch of SmartStar in China, a cloud-based, adaptive learning education platform, under its digital education business division. Unlike traditional online courseware, SmartStar provides a concept-level assessment and evaluation of a student's learning progress. It identifies the student's strengths, weaknesses, their proficiency in a given subject area and personalizes the delivery of proprietary educational items according to the student's learning needs. SmartStar is also capable of providing scoring and statistical analysis of exams and evaluations and to provide administration of local and nationally standardized exams. It is ideal for schools and teachers.

SmartStar will be available through a monthly subscription, enabling the user to have unlimited access via the internet. UMeWorld is in discussions with several national distributors who will offer SmartStar pre-paid cards that can be used against a monthly subscription.
"SmartStar is on track to become a leading education service provider in China," said Michael Lee, CEO of UMeWorld. "The K-12 education system in China is the largest in the world comprising 230 million students and 12 million teachers. Chinese families spend more discretionary income on education than anything other expense, except for housing. The educational landscape in China is highly competitive. Schools dictate entrance requirements for students. This motivates parents to ensure that their children have access to the best educational tools. SmartStar is one such tool."
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 newswire
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising. Disclosure: UMEWF compensates Investorideas.com for news publication and syndication : two thousand per month http://www.investorideas.com/About/Disclaimer.asp
BC Residents and Investor Disclaimer: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894