Online education publisher and assisted learning specialist KNeoMedia (ASX: KNM) has secured a distribution partnership for its KNeoWorld.com learning portal via a pre-approved funding deal with Florida’s Department of Education.
The portal has been accepted as a partner product across the state’s 67 districts which house more than 2470 elementary and middle public schools.
The deal is being funded by the US Federal Government, which approved KNeoWorld on the basis on pre-set educational requirements, namely that it provides access to a well-rounded education; encourages safe and healthy conditions for student learning; and promotes the effective use of technology and digital literacy of students.
Under the terms of the partnership, KNeoMedia will configure the content of online educational games available through KNeoWorld to integrate them with the specific learning systems of each school.
The company is currently engaging with district representatives with a view to locking in seat licence sales based on the number of users and/or devices in each area.
Chief executive officer James Kellett said discussions will be eased by access to available funding.
“To date, [funding] has been our biggest barrier to securing paid seat licence sales,” he said.
“This significantly streamlines [our] process as we are deploying content to an engaged and fully-funded school district or learning facility which does not have funding restrictions.”
Mr Kellett said work is also progressing with public schools within New York’s Department of Education, where KNeoMedia has sold more than 14,500 seat licences since 2017.
Industry research has shown games-based learning to be an integral part of childhood education.
KNeoWorld is an education games portal where students – including those with special needs – can play their way through a futuristic and epic world with games mapped to validated educational content including numeracy, literacy, science, arts, reasoning and memory.
The content delivers extensive analytical performance data to educators and complies with child online privacy protection regulations in the US and Europe.
Florida’s elementary school system is the fourth largest in the US, hosting approximately two million students, of which an estimated 10% require assisted learning.
At mid-afternoon, shares in Kneomedia were trading 61.11% higher at $0.029.