Announced to the ASX on 28 March 2019

The Board of Gooroo Ventures Ltd (“Gooroo”, the “Company”) is pleased to advise that it has signed a commercial agreement with Microsoft Corporation, USA.

The agreement covers Phase 1 of a global program that could involve the future rollout of Gooroo technology to universities, colleges and schools around the world.

The scope of Phase 1, which is already underway, involves Microsoft paying Gooroo to test and refine the Company’s career planner application with a selection of Microsoft’s local and international partner universities.

Phase 1 is planned to be complete by 30 June 2019. The aim will be to have an agreed approach for commercial release and model for large-scale delivery in place by July 2019.

Gooroo’s Career Solutions technology uses artificial intelligence (AI) and applied neuroscience to understand a student’s skills, passions and mindset preferences to produce personalised career paths and recommendations that help build confidence in taking the next step.

This deal signifies how Gooroo’s unique technology and human thinking science is being applied to address a globally recognised problem that effects millions of students each year. Most students are uncertain about the career options available to them and where they are most likely to thrive.

Both parties are working on further details about this program and any relevant information will be made available in due course.

About Gooroo Career Solutions

Gooroo Career Solutions is an intelligent platform that can be deployed to help people make more informed decision about their options for personal development, careers, jobs and training. Gooroo data models and algorithms are also available via a suite of APIs that can be used by third parties to build solutions and experiences that leverage Gooroo technology. Gooroo Career tools can be directly applied to inform how schools, colleges and universities help to equip and prepare their students for the future world of work.

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