EXO U Inc. announced that it has signed a non-binding Memorandum of Understanding (MoU) with QOMO HiteVision, L.L.C. The MoU sets out the intention of EXO U to provide QOMO a fixed number of licences each year over a three-year commitment term for the EXO U Software on which students, teachers and administrators can learn, communicate, share and create digital content for use on multiple devices. The intent of the parties is to enter into a definitive licence agreement and master distribution agreement setting out the terms and conditions under which EXO U will license its EXO U Software to QOMO. It is expected that these agreements will be finalized by the end of October.

The companies intend to develop their partnership in three areas: Initial go-to-market strategy including training QOMO's reseller network, joint attendance at trade shows and joint presentations to school districts across the US. License Agreement for the EXO U Software to be included with every QOMO's Large Format Display sold into the education sector. Master Distribution Agreement to distribute the EXO U Mobile Engagement Platform on other QOMO technologies and also to distribute to other leading businesses supplying mobile devices to the education sector.