AvePoint Awarded $37 Million SGD to Deploy SaaS Training Management Platform for Six Institutions of Higher Learning in Singapore

JERSEY CITY, N.J., Nov. 09, 2021 (GLOBE NEWSWIRE) -- AvePoint, Inc. (NASDAQ: AVPT), the largest data management solutions provider for Microsoft 365, today announced it has been awarded a $37 million SGD contract from lead agency Temasek Polytechnic to deploy an integrated SaaS training management platform for career professionals. The platform will be powered by AvePoint EduTech and available to six institutions of higher learning (each, an IHL) in Singapore as part of the government’s drive to build relevant future skills through Continuing Education and Training (CET).

Available by 2023, the platform will give over 100,000 learners access to a catalogue of 44,000 courses designed to teach them a variety of professional skills in both digital and hybrid learning environments. Within the platform, learners, educators, and administrators alike will have a comprehensive digital learning experience that includes a streamlined admissions and enrollment process, personalized course scheduling features, and secure assessment delivery. In addition, the platform will organize learner profiles to equip them with their graduation status, certifications, and recommend new course offerings as they embrace continuous professional learning in their careers.

“The platform we’re deploying for Singapore’s IHLs will reimagine how both learners and educators experience training, upskilling, and continuous learning, which is vital for success in today’s evolving workforce,” said Dr. Tianyi Jiang (TJ), CEO and Co-Founder, AvePoint. “Especially as Microsoft Cloud adoption continues to accelerate globally, our directly integrated platform is uniquely positioned to replace the fragmented digital learning solutions that exist today.”

The new platform will be powered by AvePoint EduTech, one of the first holistic SaaS learning experience platforms directly integrated with Microsoft Cloud. Globally launched in February 2021, many premier IHLs in Singapore already leverage AvePoint EduTech to facilitate impactful digital learning for students. Now, professionals enrolling in courses through the IHLs of Temasek Polytechnic, Republic Polytechnic, Institute of Technical Education, Ngee Ann Polytechnic, Singapore Polytechnic and Nanyang Polytechnic will also experience the benefits of AvePoint EduTech technology.

“Our six IHLs are very much in the forefront of Singapore’s SkillsFuture movement that places emphasis on lifelong learning and skills mastery,” said Anita Kuan, Deputy Principal of Temasek Polytechnic and Co-Chair of the Shared CET Training Management System Project Steering Committee. “With this integrated AvePoint EduTech and Microsoft Cloud technology, CET learners and administrators will be able to leap digitally into a seamless online training experience. This will help IHLs sharpen our focus on delivering high quality training to meet the growing needs of the economy.”

Today, nine out of ten Singapore workers see an urgent need to upskill. By investing in a training management platform, Temasek Polytechnic and the five additional IHLs cement their dedication to providing quality continuous education as part of the overall Singapore goal.

“We are proud and humbled by the creative ways our partners, like AvePoint, adapt and build-on our technologies – allowing learners, educators and school leaders to achieve more,” said Larry Nelson, Regional General Manager, Education, Microsoft Asia. “Technology enables educators to accelerate learning through easy-to-access high-quality digital experiences in the classroom, in the back-office empowering educational institutions, and certainly by addressing the increased need for skills development through life-long learning. We look forward to seeing the success of the platform for professionals who are seeking to upskill themselves in the digital economy.”

To learn more about AvePoint EduTech, which will be powering the training management platform for Temasek Polytechnic and the five additional IHLs, please visit: https://www.avepoint.com/edutech/.

About AvePoint

Collaborate with confidence. AvePoint is the largest Microsoft 365 data management solutions provider, offering a full suite of SaaS solutions to migrate, manage and protect data. More than 8 million cloud users rely on our solutions to make their organizations more productive, compliant and secure. Our SaaS solutions are also available to managed service providers via more than 100 cloud marketplaces, so they can better support and manage their small and mid-sized business customers. Founded in 2001, AvePoint is a five-time Global Microsoft Partner of the Year and headquartered in Jersey City, New Jersey. For more information, visit https://www.avepoint.com.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking statements,” including with respect to future performance of the SaaS training management platform powered by AvePoint EduTech. These forward-looking statements are, by their nature, subject to significant risks and uncertainties and are based on the beliefs of AvePoint’s management as well as assumptions made by and information currently available to AvePoint’s management. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of AvePoint including those set forth in the Risk Factors section of AvePoint 's registration statement on Form S-1 and related prospectus and prospectus supplements filed with the SEC. Copies of these and other documents filed by AvePoint from time to time are available on the SEC's website, www.sec.gov. AvePoint undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Media Contact

Nicole Caci

AvePoint, Inc.

Nicole.caci@avepoint.com

201-201-8143