Binovi Technologies continues to execute on its growth strategy as it files its financial statements for the twelve months ended February 28, 2021

Binovi Technologies Corp. said it continues to execute on its growth strategy as it filed its annual consolidated financial statements for the twelve months ended February 28, 2021, related management discussion and analysis and applicable officer certificates. While the impact from the coronavirus (COVID-19) pandemic did result in longer sales cycles than usual, strong momentum and interest in the company's offering resulted in revenue growth of approximately 5%, and going forward, as the company's most important markets - the US and Canada - open up in relation to falling infection numbers, Binovi continues to experience increased momentum in its sales pipeline. Conversion on marketing efforts continue to increase as well, the company added, evident through strong growth in the fourth quarter, in which revenues increase by 25% over the same period in the prior year. READ: Binovi Technologies appoints Tania Archer as interim CEO and board member In a statement, Tania Archer, appointed Binovi interim CEO on July 13, 2021, commented: "I am pleased that despite difficult market circumstances we have managed to show continued growth. We are experiencing strong momentum within key market segments, in particular in the sports performance arena. Going forward, we will continue to focus on building our organization to respond to growing demand." "Furthermore, with a very important education study about to commence with an undisclosed Edmonton School Board, under the leadership of our Scientific Advisory Board member Dr. Sandra Stoddard, we anticipate that later in this calendar year or early in the next calendar year, we will be able to start creating a footprint within the education market more significantly than has been the case to date. In short, while we have work to do to align our organization with market dynamics, we believe we are well-positioned to execute on the numerous growth opportunities ahead of us," she added. Binovi is a best-in-class neuro-visual performance platform designed to test, analyze, track, and report on individual cognitive performance. It combines hardware, software, specialized expert knowledge, and unique data insights to deliver customized, one-on-one training and learning protocols ideal for K-12 Students, Vision Care Specialists, and Sports Performance testing and training. Designed for vision optimization and the enhancement of skills related to cognitive performance, Binovi provides measurable results in less time, and with less effort, and is currently used in over 20 countries. Contact the author at jon.hopkins@proactiveinvestors.com