FastForward Innovations Limited Investee Company Update: Schoold
April 08 2016 - 1:00AM
RNS Non-Regulatory
TIDMFFWD
FastForward Innovations Limited
08 April 2016
FastForward Innovations Limited
08 April 2016
FastForward Innovations Limited
("FastForward" or the "Company")
Investee Company Update: Schoold App featured in Apple App
Store
Lorne Abony CEO of FastForward, an AIM listed company trading
under the symbol FFWD, is pleased to announce that, on Thursday,
April 7(th) 2016, investee company Schoold announced that it has
had its App categorised as a 'Best New App' in Apple's (US) App
Store. FFWD has a 9.1% equity interest in Schoold.
App store features are highly coveted, Lorne Abony, said "with
millions of Apps available to consumers, being one of the Best New
Apps is a major milestone that only a fraction of App companies
ever reach, we are grateful that Apple's team was in support of the
Schoold App and its ability to significantly support students in
their quest to find the best higher education choice.
Lorne continued, "The App store feature is a testament to
Schoold's vision of making the college decision process easy for
the next generation of students, we anticipate that the App Store
feature will allow Schoold to organically reach an even wider
audience almost immediately, and we are excited to be invested in a
company who is innovating in such a valuable space".
"Our teams have been working non-stop to build the best app
experience for students and parents, reaching 500,000 downloads in
our first 30 days was a significant milestone for us and we
couldn't be more thankful that Apple has taken notice" said Sourabh
Ahuja, Schoold CEO.
Apple's App Store generates over $20 billion (USD) in annual
sales and counts over 1.5 million Apps. The App store only features
a small number of App's in its "Best New" category, which is
displayed to App store users prominently.
About Schoold
Schoold is a private technology company empowering students to
make informed decisions. Students face many challenges today, and
with Schoold, students get personalized information they need to
help them lead happy, successful lives, creating a brighter future
for everyone. Learn more at www.schoold.co.
END.
For further information please visit www.fstfwd.co or
contact:
FastForward Innovations Limited Tel: +44 1481 810 100 Elysium
Fund Management Limited
Beaumont Cornish Limited (Nomad) Tel: +44 (0) 207 628 3396 James
Biddle / Michael Cornish
Peterhouse Corporate Finance Limited (Broker) Tel: +44 (0) 20
7469 0930 Guy Miller / Lucy Williams
CAUTIONARY STATEMENT
The AIM Market of London Stock Exchange plc does not accept
responsibility for the adequacy or accuracy of this release. No
stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein. All
statements, other than statements of historical fact, in this news
release are forward-looking statements that involve various risks
and uncertainties, including, without limitation, statements
regarding potential values, the future plans and objectives of
FastForward Innovations Limited and the companies in which it
invests. There can be no assurance that such statements will prove
to be accurate, achievable or recognizable in the near term.
Actual results and future events could differ materially from
those anticipated in such statements. These and all subsequent
written and oral forward-looking statements are based on the
estimates and opinions of management on the dates they are made and
are expressly qualified in their entirety by this notice.
FastForward Innovations Limited assumes no obligation to update
forward-looking statements should circumstances or management's
estimates or opinions change.
This information is provided by RNS
The company news service from the London Stock Exchange
END
NRAUBUBRNRASRAR
(END) Dow Jones Newswires
April 08, 2016 02:00 ET (06:00 GMT)
Kuala Innov (LSE:KUL)
Historical Stock Chart
From Apr 2024 to May 2024
Kuala Innov (LSE:KUL)
Historical Stock Chart
From May 2023 to May 2024