Xiao-i and Actura Sign MOU for Strategic Partnership

SHANGHAI,Sept. 4,2018 -- Shanghai Xiaoi Robot Technology Co. Ltd("Xiao-i"),a leading developer of artificial intelligence technology and industry application platforms in China,has signed a Memorandum of Understanding ("MOU")with Actura International ("Actura"),an Australia-based global provider of STEAM (Science,Technology,Engineering and Mathematics) in-class and out-of-class learning solutions. Actura has a strong presence in Australia,New Zealand,Taiwan,Southeast Asia as well as operations in other regions.

Through the collaboration,Xiao-i will establish a foothold for its expansion into the Southern Hemisphere,an important part of its internationalization progress. Under the agreement,Xiao-i will use its competitive advantages and expertise in AI to enrich Actura's products and services. A conversational AI solution will be implemented into Actura's customer portal and sales and marketing channels to innovate the customer engagement process. In addition,Actura will work on including the Xiao-i conversational AI engine in the CASE Robotic Curriculum and incorporating its features into Actura's FlipRobot,a key element in delivering the company's comprehensive robotic learning solution.

Max Yuan,Co-Founder and Chairman,Xiao-i said,"We are excited to be signing this MOU which includes a number of developmental areas within the strategic partnership. STEAM learning is becoming a primary focus in education and with Actura,we are partnering with one of the leading providers and pioneers in the industry. Our AI solutions will enhance the interactivity of FlipRobot and the inclusion of our conversational AI engine in the robotic curriculum content is also testament to our caliber."

Charles Chung,CEO,Actura said,"In the next 30 years,75% of the fastest growing professions will require STEAM-related skills. Our mission is to empower youth to master the critical transportable skills for their future success. The partnership with Xiao-i is a very important step to further our cause and realize our dream to become the most trusted STEAM education solution provider."

About Xiao-i

Xiao-i develops world-class AI technologies and applications that revolutionize business operations and provide meaningful progress to people's lives. Since establishment in 2001,Xiao-i has become an industry pioneer,integrating its AI applications across multiple sectors. Over 1,000 businesses and government organizations in China have used Xiao-i applications to improve their operations and deliver greater value to more than 800 million users. Xiao-i has become a leader in the business-to-business space and is extending this success into consumer applications and solutions. Xiao-i's major investors include Alibaba Group,China Everbright,BlueFocus,Haiyin Capital and Huatai Securities.

Official website: http://www.xiaoi.com/

Linkedin page: https://www.linkedin.com/company/xiaoi/

About Actura

Established in Australia since 2014,Actura provides the leading STEAM learning solution spanning from out-of-class and in-class environments. Actura is the exclusive global partner of the California Association for STEAM Education (CASE) providing the CASE Space School International Study Program to students. The FlipRobot range provides the ultimate robotic STEAM learning solution for the in-class environment. Actura has offices in Sydney,Melbourne,Auckland,and Taipei with further expansion to new countries in progress.