DEV.L Regulatory News (DEV)

Dev Clever Holdings plc

("Dev Clever" or "the Company")

Commercial Agreement Announcement

Dev Clever, a leading developer of career guidance and development platforms, is pleased to announce an agreement with Lenovo, the world's largest supplier of educational technology.

This agreement allows Dev Clever's innovative careers guidance platforms, Launchpad and VICTAR, to be pre-installed on Lenovo VR Classroom devices and sold as a complete solution to educational institutions across the UK, in support of the delivery of the mandated Gatsby Benchmarks for career guidance. This complete solution, including hardware and support, will be offered to educational institutions at an exclusive rate directly by the Company and Lenovo's nominated resellers.

The agreement also defines the commitment to collaborate on a strategy that will enable the Company to rollout the complete solution globally, in partnership with Lenovo, via Lenovo's dedicated global vertical sales team for education, commencing with North America from the 2nd quarter of 2020.

Key Highlights:

·; Lenovo is the World's number one technology manufacturer and provider to the educational sector.

·; This agreement enables Launchpad and VICTAR to be sold as a complete solution, including Lenovo equipment and support, to UK institutions at an exclusive rate.

·; The agreement defines the commitment to collaborate on a strategy to rollout the Company's technology across North America from the 2nd quarter of 2020.

·; Both parties will collaborate in the marketing of the complete solution across the sector

·; Launchpad and VICTAR will be offered exclusively as a complete careers' guidance product as part of Lenovo's VR Classroom solution.

About Launchpad and VICTAR:

Launchpad and VICTAR is a pioneering online and virtual reality careers guidance platform that brings refreshing innovation to the careers education sector. Supported by key partnerships and credible resources both Launchpad and VICTAR take the young person through a guided journey to discover their personality, interests and explore environments and careers that suit them the most. Once they arrive at their chosen career, they can see LMI statistics and information about the career such as how much they could earn, the predicted growth by region as well as a video of a person who works in that career with insights into their work environments.

As the world's 1st interactive virtual reality careers platform and a next level engagement tool, VICTAR is designed to excite the user in a virtual world of employment possibilities.

VICTAR is a personal, independent careers guide here to help young people launch their future career by using virtual reality to immerse and engage them in careers content. VICTAR can match young people, their personality, and interests to careers that suit them the most. Working in parallel with Launchpad, VICTAR is designed specifically to follow the government mandated Gatsby Benchmarks and to support the delivery of an embedded careers guidance program within schools across the UK.

Chris Jeffries, CEO Dev Clever said:

"This agreement underpins our strategy to offer our revolutionary careers guidance platform to educational institutions globally. It provides the Company with access to the infrastructure, routes to market and support to rollout our solution at scale across the UK and other territories starting with North America next year. The agreement with Lenovo, who are the largest global manufacturer and provider of technology and innovation to the global education market, is a testament to the revolutionary innovation our platform brings to the sector and I am delighted to be partnering with a company which shares our excitement and commitment to global education."

Rich Henderson, Director, Global Education Solutions at Lenovo, said:

"At Lenovo, we are focused on introducing smarter technology for all - and it is very exciting to be partnering with DevClever to bring an immersive and engaging experience to students. Virtual Reality is so powerful at helping individuals see the world through a different lens and engaging youth in their future career choices will impact them for generations ahead."