Ambow Education Enters $1.3 M HybriU International Licensing Deal

October 7, 2024

DENVER, Colo., Oct 07, 2024 (247marketnews.com)- Ambow Education (NYSE: AMBO) reported entering into a $1.3 million non-exclusive, annually renewable licensing agreement with Inspiring Futures, which grants licensing authorization for the production of the HybriU AI UniBox and the sale of HybriU in international markets.

Dr. Jin Huang, Ambow’s President, CEO, and acting CFO, commented, “This partnership extends HybriU’s presence in the rapidly growing global digital education sector.

“As more international partners join in the sale of HybriU, we can focus on expanding our presence in key U.S. markets, where we believe HybriU is currently the only available 5-in-1 total solution. It seamlessly integrates AI—empowering five key domains: teaching, learning, connectivity, recording, and management—along with lecture capture, immersive technology, and a comprehensive management platform designed specifically for the education sector. HybriU delivers a unified learning experience that transcends the boundaries of both online and offline education, bridges language and regional divides, and connects academia with industry.”

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