MARIETTA, GA--(Marketwired - Jun 25, 2014) - StudentConnect Inc., a wholly owned subsidiary of East Coast Diversified Corporation (OTC Pink: ECDC) (
More than 10 Georgia Counties and School Districts requested or scheduled meetings to discuss deployment of StudentConnect on their buses. Several other districts express interest and plan to schedule meetings to discuss the program. StudentConnect joined the Verizon Partner Program in 2013. In addition to our joint marketing efforts, StudentConnect devices will operate exclusively on the Verizon network.
StudentConnect provides school transportation and School attendance technology to School districts at no cost. Services provided by StudentConnect will utilize its proprietary GPS and RFID technology to identify student's entry and exit on school buses or other anomalies that may occur during student's transportation. The program is funded by corporate advertisers; sponsors' messages are delivered to the parents with notification about student's status.
"The reception was a strong validation of our business and product; this was the first public showcase of StudentConnect and the response was the same as we have seen across the country, very high. Partnering with Verizon on this product has been one of the key milestone accomplishments for StudentConnect and the result was evident at the conference last week," said Kayode Aladesuyi, CEO, ECDC.
About East Coast Diversified Corporation (OTC Pink: ECDC) (
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SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.