Axiologix Education Corp. (AXLX.OB) to Acquire E*pad Intellectual Property
Today before the opening bell, Axiologix Education Corp. announced that it has signed a letter of intent with Edumedia Software Solutions Corp. to acquire all the intellectual property of the E*pad software application. E*pad, an innovative, web based, electronic portfolio, and authentic assessment development application designed for students and educators, provides a research-based approach to structuring the collection, interpretation, and assessment of evidence about student learning. Although Axiologix is already the exclusive worldwide reseller of E*pad, the completion of this acquisition will eliminate the need to pay a margin for the resale of this product as the company will then…