KneoMedia set to receive US$780,000 from third Connect All Kids program in New York as other sales channels open up across US

KNeoMedia Ltd (ASX:KNM) (OTCMKTS:KNEOF) is set to benefit from the third and largest US$3 million Connect ALL Kids education initiative into New York City public schools to help students who have fallen behind in their education during the pandemic as schools have been closed.  A total of US$5 million has now been committed by New York City Councillors to the program, which also includes Dell Technologies and the National Association for the Advancement of Colored People (NAACP).   KneoWorld will receive US$780,000 (about A$994,000) from this third and now largest Connect ALL Kids deployment. The company said other sales channels for KneoWorld were opening up across the US beyond New York, as in-class teaching and learning resume. "Strong precedent for future sales" KneoMedia chief executive officer James Kellett said: “We are very pleased that New York City Councillors have committed to this third Connect ALL Kids deployment. “It clearly shows the traction we are getting with students, teachers and parents and more importantly, it confirms without doubt, that we have now established a dependable sales channel for our technology into this huge education market and it sets a strong precedent for future sales. “With 2.6 million students across New York State, KNM is presented with a major market opportunity to scale up operations and provide urgent education technology to those that require it most. “With growing support from Dell and the NAACP, and growing demand from teachers and students, we believe that the roll-out is just getting started as the demand for equal technology access continues to grow. “We look forward to providing shareholders with updates on operations and more sales in the very near future.” Third deployment The third deployment is reflective of New York City’s growing commitment to the program, given their desire to assist students. With in-person teaching resuming, funding and the roll-out of previously stalled education programs are now ramping up significantly. Given KneoWorld's approved supplier status with the New York City Council and the Department of Education (New York DOE), and Connect ALL Kids is an established program with the DOE, receipt of funds will be seamless. This third deployment coincides with the new school year in New York in August 2021, with funds to be received concurrently. Under the deployment, 5,000 Dell Chromebooks, pre-loaded with the KneoWorld technology, will be provided to a number of New York City public schools and will take the total device numbers to 8,400 in more than 70 schools. Connect ALL Kids still in very early stages Whilst this third deployment is pleasing, KneoMedia reminds shareholders that the Connect ALL Kids roll-out is still in its very early stages. The immediate focus for KneoWorld, Dell Technologies and the NAACP is to more comprehensively penetrate more of New York City’s 1,720 public schools and achieve a presence outside of New York City. Direct-to-school sales of the SaaS-based KneoWorld software is also advancing and this represents a second sales channel in the US, alongside Connect ALL Kids. KneoWorld portal KneoMedia is a SaaS publishing company that delivers world-class education and assessment products to global markets to both special and general education classrooms via its KneoWorld portal. KneoWorld is an education program for use at school, remotely or both. It is an easy Assign & Go program that engages and empowers students through character-centred narratives and gameplay. This unique format of standards-aligned lessons blends language with math instruction and social-emotional learning while embedded analytics measure academic growth.