Contact Information: Contact Information: Financial Contact: Janelle Conaway 1.800.429.3110 X 101 Investor Contact: Anthony A. Maher 1.800.429.3110 X 102 Web Site: www.edventures.com
PCS Edventures! Announces Partnership With MINDS-i
| Source: PCS Edventures!.com, Inc.
BOISE, ID--(Marketwire - September 24, 2009) - PCS Edventures! (OTCBB : PCSV ) today announced the
execution of two sales and distribution agreements with MINDS-i, Inc., of
Liberty Lake, Washington. MINDS-i is the maker of advanced motorized and
non-motorized construction systems for the education, hobby, and retail
marketplace that provide a high level of interoperability and strength for
advanced building and design applications.
Michael Marzetta, President of MINDS-i and the inventor of the system, said
"MINDS-i is delighted to form this alliance with PCS Edventures! We have
been collaborating and exploring synergies now for nearly a year and have
seen the extraordinary capabilities PCS has in the education marketplace.
In our time working together, MINDS-i has been profiled and introduced to
hundreds of educators in multiple states and countries as PCS gathered
market feedback. We couldn't be more pleased with our partnership."
The recently signed agreements between PCS and MINDS-i address mutual sales
and distribution points that provide MINDS-i with support and preferred
access to PCS robotics technology for integration with MINDS-i systems, and
provide PCS with the exclusive, worldwide educational distribution rights
for MINDS-i products. In addition, PCS has the exclusive distribution
rights of MINDS-i for both retail and educational markets in 15 Middle
Eastern countries.
Richard Mussler-Wright, PCS Edventures! Director of Curriculum Development
and manipulative expert known worldwide for expertise in LEGO, KNEX,
fischertechnik, and other systems, evaluated the system over the past nine
months and said, "This system is outstanding and provides the strength,
versatility, and flexibility needed for advanced engineering applications.
For truly sophisticated and robust design work, this system is superior to
anything else on the market." International partner Dr. Tony Pugatschew
from Australia called MINDS-i a "tough, robust and innovative construction
system for a new generation of robotics and engineering students" and Dr.
Mohammed Yasser Refai, Managing Director of PCS Middle East, referred to it
as "an extraordinary system that offers capabilities beyond anything on the
market today."
More details and pictures can be viewed online by visiting the PCS
Corporate Blog at http://www.pcsedu.com/news
About MINDS-i
Empowering personal creativity and imagination is the goal of MINDS-i. The
MINDS-i system of interchangeable construction elements enables users to
create, modify, and re-create non-motorized and extreme motorized
inventions of their own design. From simple, static structures to
large-scale, high-performance race-ready vehicles and robots, the
innovative MINDS-i system unleashes the creative potential in users that
range from the beginner to the most experienced enthusiast. Learn more
about MINDS-i at http://www.mymindsi.com.
About PCS Edventures!
PCS Edventures! is the recognized leader in the design, development and
delivery of educational learning labs bundled with related technologies and
programs to the K-12 market worldwide. The PCS suite of products ranges
from hands-on learning labs in technology-rich topics in Science,
Technology, Engineering and Math (STEM) to services rich in imagination,
innovation, and creativity. PCS programs operate in over 6,000 sites in
all 50 United States as well as in 17 countries Internationally.
Additional information is at http://www.edventures.com
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Act of 1934. These forward-looking statements are based largely
on the expectations or forecasts of future events, can be affected by
inaccurate assumptions, and are subject to various business risks and known
and unknown uncertainties, a number of which are beyond the control of
management. Therefore, actual results could differ materially from the
forward-looking statements contained in this press release. Additional
information respecting factors that could materially affect the Company and
its operations are contained in its annual report on Form 10-KSB for the
year ended March 31, 2009 and Form 10-Q for the three months ended June 30,
2009 as filed with the Securities and Exchange Commission.