Investee Company Update

RNS Number : 2682U

FastForward Innovations Limited

06 April 2016

 

06 April 2016

FastForward Innovations Limited

("FastForward" or the "Company")

Investee Company Update: Schoold appoints Richard Moran to Board of Directors

Lorne Abony CEO of FastForward an AIM listed company trading under the symbol FFWD, takes this opportunity to highlight that investee company Schoold has today appointed education expert and Venture Capitalist Richard Moran to Board of Directors:

Menlo College President Appointed to Schoold's Board

Business, Technology and Educational Expert Richard Moran
Teams to Help Schoold Redefine College Search

San Francisco, Calif., April 6, 2016 - Schoold, a new innovative college and career lifecycle planning startup, announces today that Richard Moran, President of Menlo College, has joined its Board of Directors. This expansion positions Schoold for its next stage of growth.  Schoold provides a college and career-planning app that helps young people and their families plan their future education. Its app is designed to take the guesswork out of the college planning process by giving high school students personalized recommendations and insights.

"I'm pleased to join Schoold's Board of Directors.  The company and team bring a fresh and innovative approach coupled with an strong vision of how to redefine college search and career planning," noted Richard Moran. "I look forward to working with Schoold's Board to make a real impact."

A noted San Francisco based business leader, venture capitalist author and social scientist, Richard previously served as CEO and Vice Chairman at Accretive Solutions, as a Partner at Venrock, Chairman of the Board at Portal Software and as a Partner at Accenture. He serves or has previously served on the boards of numerous highly regarded business, non-profit and technology organizations, including The Council of the National Trust for Historic Preservation, Joint Venture Silicon Valley and Glu Mobile.

"We are grateful and ecstatic that Richard is joining Schoold's Board. He is a distinguished and esteemed business leader who brings a wealth of experience spanning business, technology and education. Richard's vision and expertise will make a real contribution right out of the gate to helping grow Schoold, providing us with exceptional insight and a formidable advantage," said Lorne Abony, Schoold's Chairman of the Board.

Launched in late February of this year in the Google Play Store, its namesake app Schoold vaulted to the number one top free college search app. This was followed up with the release of its iOS app just last week, which also climbed quickly to hover as a top 15 free app in the App Store. Schoold's app has an average rating of more than 4.5 stars and is available for free download in the App Store and Google Play.

ABOUT SCHOOLD

Schoold is a private education technology company that empowers students through knowledge and personalized information to enable their decision-making. Students face many challenges today, and with Schoold, students get the information they need to help them lead happy, successful lives, creating a brighter future for everyone. Learn more at www.schoold.co.

For further information please visit www.fstfwd.co or contact:

FastForward Innovations Limited Tel: [phone] Elysium Fund Management Limited

Beaumont Cornish Limited (Nomad) Tel: [phone] James Biddle / Michael Cornish

Peterhouse Corporate Finance Limited (Broker) Tel: [phone] 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.

 

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