OAT Named One of 2016's "Trendsetters with Traction"

WOODSIDE, CA--(Marketwired - Jul 26, 2016) - Open Assessment Technologies Corp. (OAT) -- the leading provider of open source assessment solutions for K12, Higher Education and Professional Learning -- today announced it has been named a "Trendsetter with Traction" by the Software & Information Industry Association (SIIA). Open Assessment Technologies and its TAO™ assessment platform will be featured at the 2016 Education Industry Symposium (July 25-27 in Denver, CO), as SIIA showcases its "Trendsetters with Traction: 9 to Watch" program, highlighting the accomplishments of nine education-focused companies breaking new ground in their respective market segments.

"We are honored to be recognized by the SIIA as a Trendsetter with Traction," said Marc Oswald, Co-Founder and CEO of OAT. "This distinction recognizes our growing presence in the testing and assessment market, and validates our strategy for enhancing the TAO platform as a foundation for adaptive learning. By combining open source with open standards and open APIs, we're creating the kind of open learning environments that educators require to offer personalized learning experiences."

Companies nominated for the Trendsetters with Traction: 9 to Watch program were required to demonstrate revenue or valuation of at least $1.5M, and must have been in business for no more than five years. Nominees were evaluated based on their products' sound educational principles and innovative technology -- and most importantly, their ability to capture interest among students, educators and EdTech companies.

The TAO platform is a comprehensive assessment solution supporting K12 state and district assessment programs, higher education, as well as corporate and other testing environments. This modular, open source assessment platform ensures the utmost flexibility in how it can be customized and deployed to suit the needs of each user. TAO is designed to deliver a diverse range of both traditional and next-generation assessment types; and leads the industry in interoperability, making it easy and cost-effective to migrate and integrate testing components to and from other systems.

For more information about OAT and its TAO assessment platform, visit http://www.taotesting.com.

About OAT

Open Assessment Technologies (OAT) is home of TAO, the complete assessment platform serving prominent customers worldwide, from ACT to the United Nations. Leveraging the power of Open Source, Open Standards and Open APIs, TAO makes the disaggregation of content and platform a reality, giving customers complete ownership of their assessment assets, easy interoperability, flexible customization, and significant cost savings.

TAO, the TAO logo, and the OAT logo are registered trademarks of OAT in the United States and other countries. All other trademarks are trademarks or registered trademarks of their respective owners.