|By Business Wire||
|September 10, 2013 07:30 AM EDT||
UMeWorld Limited (OTCQB:UMEWF) is pleased to announce that it has filed a patent application with the United States Patent and Trademark Office entitled “Method and System for Adjusting the Degree of Difficulty of a Question Bank Based on Internet Sampling.” The patent application protects the innovative technology used in the Company’s cloud-based adaptive learning educational platform to be launched nationally in China shortly.
“I am very pleased with the filing of this platform patent application in the U.S. This represents a significant milestone for the Company and sets us further apart from our competition,” said Michael Lee, CEO of UMeWorld Limited. “Our platform technology is unique and far more advanced than our competitors’. Furthermore, our personalized approach is universal and can be applied to other countries. The filing of this U.S. patent application has laid down the foundation for exponential growth of the company, currently in China and in the U.S. education market in the near future.”
The UMFun™ (formerly SmartStar) is a cloud based, adaptive learning educational platform. The Platform name UMFun™ in the Chinese language means ‘Full Mark’. It is a cost effective, engaging and fun to use assessment and tutoring platform that can intelligently analyze and adapt to a student’s performance and personalizes the delivery of proprietary educational items according to the student’s learning needs.
UMeWorld's mission is to facilitate the interaction between people -- "You" and "Me," through its digital platforms. Currently, UMeWorld operates UMeLook (www.umelook.com), an online video platform focused on bringing foreign video content to China. UMeLook plans to be a source of foreign video content for the Chinese viewer across any Internet-enabled device in China. UMeWorld intends to focus its future operations on digital media and the digital education market.
Forward Looking Statement
Statements in this press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. Readers are urged not to place undue reliance on the forward-looking statements, which speak only as of the date of this release since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. We assume no obligation to publicly update or revise any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release, even if new information becomes available in the future. For a more detailed description of the risk and uncertainties affecting the Company, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission.
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