StudentConnect Executes Licensing Agreement to Nueva Tech LLC
Company grants exclusive licensing rights for the State of California
Marietta, GA—March 12th, 2014 – StudentConnect Inc., a wholly owned subsidiary of East Coast Diversified Corporation (OTC.QB: ECDC -), today announced that it has granted exclusive territorial licensing rights for the State of California and the marketing of StudentConnect technologies to Nueva Tech LLC, a California based school services company.
StudentConnect provides free school transportation technology to school districts. The technology utilizes proprietary wireless communication between GPS and RFID to detect student entry and exit from school buses or other anomalies that may occur during student‘s transportation. The system provides real time notification to parents and school officials about student status.
“We are pleased about the new relationship with Nueva Tech. This agreement will expedite deployment of StudentConnect to California schools. Nueva Tech executives bring existing relationships built over a decade with school districts in California to the program” said Kayode Aladesuyi, ECDC Chairman/CEO
“Nueva Tech is excited to partner with StudentConnect to bring important advances in student safety to the state of California. We have prided ourselves in serving the interests of educators and their students, and we look forward to working together with StudentConnect for the benefit of our schools. ” Jason Lewis, CFO
About East Coast Diversified Corporation (ECDC.OB) – ECDC is a holding corporation with a diversified group
of technology companies. Its business portfolio includes companies offering technology for logistics and asset management, school transportation safety and social media applications.
For more information on East Coast Diversified and its group of companies, please visit: www.studentconnect.us www.eastcoastdiversified.com
East Coast Diversified Corporation
For Nueva Tech: