StudentConnect Inc., a wholly owned subsidiary of East Coast Diversified Corporation (OTCQB: ECDC), today announced that it has executed a 5 year agreement with its first school district client in the State of California.
"We continue to expand our reach in the school transportation space. We are deploying services across the country as we lay the ground work for the next school year, Helping school districts improve the quality of safety in their transportation plan while saving money is a key objective for StudentConnect," said Kayode Aladesuyi, ECDC Chairman/CEO.
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. StudentConnect is offered to school districts, parents no cost. The system now includes free routing software for participating schools.
About East Coast Diversified Corporation (OTCQB: ECDC)
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.eastcoastdiversified.com or www.studentconnect.us
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:
The statements contained in this release which are not historical facts are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. These risks and uncertainties include the Company's entry into new commercial businesses, the risk of obtaining financing, recruiting and retaining qualified personnel, and other risks described in the Company's Securities and Exchange Commission filings. The forward-looking statements in this press release speak only as of the date hereof, and the Company disclaims any obligation to provide updates, revisions or amendments to any forward-looking statement to reflect changes in the Company's expectations or future events.
CONTACT:
East Coast Diversified Corporation
Media Relations
770-953-4184
866-503-9316
investorsrelation@eastcoastdiversified.com
SOURCE: East Coast Diversified Corp.
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ECDC_4-23-2014_LST_ETL.docx
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