Australia's KneoMedia rises on education initiative deployment in 11 NYC school districts
28/11/2022 03:19
** Shares of KneoMedia Ltd KNM.AX rise as much as 13% to
A$0.026, their highest since Nov 7
** Software as a service (SaaS) publishing co announces
deployment of "Connect All Kids" education initiative in 11
school districts in New York City
** Says to receive $6 mln on 40,000 Dell Chromebooks linked
to KneoWorld technology
** Says based on ongoing engagement with the New York City
Department of Education, similar-sized deployments are
anticipated throughout CY2023
** Stock posts its biggest intraday pct jump since Nov 11
** Shares of co up 35.3% this year, as of last close
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))