PLRB Pluribus Technologies Corp

TORONTO, Sept. 19, 2023 /CNW/ - As the world enters a post-pandemic era, there is a notable increase in individuals enthusiastically embracing the opportunity to immerse themselves in diverse cultures and embark on global adventures. Teaching abroad has once again emerged as an alluring pathway for those seeking culturally enriching experiences and a chance to make a meaningful impact on communities worldwide.

Teach Away, a leading portfolio company of Pluribus Technologies (TSXV: PLRB), with a successful 20-year legacy of connecting teachers with schools around the world, has recently observed a remarkable [47%] rise in new registrations on its platform. This surge signifies a growing interest in pursuing teaching opportunities abroad.

Rene Frey, CEO of Teach Away, expressed their commitment to empowering educators and connecting them with life-changing opportunities. He remarked, "The substantial increase in demand for teaching abroad through Teach Away is a testament to the global appeal of such experiences. This surge in interest not only fosters growth for our business but also reaffirms our commitment to providing solutions for educators worldwide."

Moreover, the company has noticed a substantial 75% upswing in applications for teaching jobs overseas, reflecting an escalating demand for these fulfilling opportunities.

A significant demographic driving this trend consists of recent college graduates. These graduates are eager to gain real-life experiences while embarking on international adventures. Motivated by their aspirations to teach abroad, more college graduates are now seeking to earn a TEFL certification to fulfill the requirements for teaching positions overseas. A TEFL certification equips individuals with the necessary skills and knowledge to teach English as a foreign language in classrooms worldwide and through online platforms. Teach Away's TEFL programs provide world-class instruction from highly regarded institutions across the globe.

"The surging demand and heightened interest in international teaching opportunities have supported our revenue objectives. We are optimistic and fully committed to fostering this momentum, expecting further expansion ahead. It not only aligns with our growth strategy but also reaffirms the enduring appeal of global educational experiences" said Richard Adair, CEO of Pluribus Technologies.

For more information on teaching abroad or to explore our internationally recognized TEFL programs, please visit www.teachaway.com and teflonline.teachaway.com.

Founded in 2003, Teach Away has been working to create a world where every student experiences the power of a great teacher. Our journey began as an international recruitment agency and fuelled by our mission to address the global teacher shortage, we have since grown to offer innovative solutions to license, recruit, and expand the power of great teachers worldwide. Today, Teach Away, alongside our sister companies Skooli and Klassroom, works collaboratively to support schools, teachers, and students internationally. Our combined expertise in teacher recruitment, teacher training, online tutoring, and education technology allows us to provide comprehensive solutions to the challenges facing education today. Teach Away is part of Keeson Group, a Pluribus Technologies (TSXV: PLRB) portfolio company. For more information, please visit teachaway.com.

Pluribus is a technology company that is a value-based acquirer of small, profitable business-to-business technology companies in a range of verticals and industries. Pluribus provides its acquisitions access to experienced sales and marketing resources, strategic partnership opportunities, a diverse portfolio of customers in different geographical markets and enabling technologies to create new revenue streams and provide the opportunity for these companies to grow in their respective markets. For more information, please visit: pluribustechnologies.com.

Certain information in this press release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking information in this press release includes, but is not limited to, statements with respect to the business plans of the Company, including the successful completion and pace of future acquisitions, the Company management's expectation on the growth, profitability and performance of its current and future acquisitions, the Company's ability to continue acquiring business-to-business technology companies at reasonable prices and the Company's ability to grow its portfolio companies into significant organizations. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or negatives of these terms and similar expressions.

Forward-looking statements are based on certain assumptions, including the Company's ability to complete acquisitions on favourable terms; the Company's ability to manage a complex portfolio of companies effectively; the Company's ability to scale its management team to support a rapid pace of growth; the Company's ability to raise sufficient financing to continue the pace of its acquisition strategy; the Company's ability to maintain its rapid pace of growth. Other assumptions include industry trends, the availability of growth opportunities, and general business, economic, competitive, political, regulatory and social uncertainties will not prevent the Company from conducting its business. While the Company considers these assumptions to be reasonable based on information currently available, they are inherently subject to significant business, economic and competitive uncertainties and contingencies and they may prove to be incorrect. Forward-looking information speaks only to such assumptions as of the date of this release.

Forward-looking statements also necessarily involve known and unknown risks, including without limitation, risks associated with general economic conditions, including the COVID-19 pandemic, adverse industry events, marketing costs, loss of markets, future legislative and regulatory developments, the inability to access sufficient capital on favourable terms, the Company's limited operating history; ability to complete favourable acquisitions; the technology industry in Canada and internationally, income tax and regulatory matters, the ability of the Company to execute its business strategies, including the ability manage a complex portfolio of companies effectively, competition, currency and interest rate fluctuations, and other risks.

Readers are cautioned that the foregoing is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ from those anticipated. Forward-looking statements are not guarantees of future performance. The purpose of forward-looking information is to provide the reader with a description of management's expectations, and such forward-looking information may not be appropriate for any other purpose. Except as required by law, the Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

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Contact:

Richard Adair
Chief Executive Officer
Pluribus Technologies Corp.
1 (800) 851-9383

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SOURCE Pluribus Technologies Inc.