PCS Edventures!.com Completes Private Placement

Boise, ID -- (ReleaseWire) -- 12/19/2016 -- PCS Edventures! Inc. (OTCPK:PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the successful completion of a $250,000 private placement.

The investment was from a private investor. The 5,000,000 "restricted" common share placement was an equity investment at a price of 5 cents per share. There were no warrants or convertible debt elements to the placement.

These funds will be used for general corporate purposes.

About PCS
PCS Edventures!.com, Inc. (OTCPK:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com/.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934; actual results could differ materially from such statements.

Contact:
Investor Contact: Mike Bledsoe 800-429-3110, mikeb@edventures.com
Investor Relations Web Site: pcsv.global

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Newegg to Carry Thrust UAV Flagship Drone Riot 250R Pro.

Boise, ID -- (ReleaseWire) -- 12/13/2016 -- Thrust UAV (http://www.thrust-uav.com), a wholly owned subsidiary of PCS Edventures!.com (OTC:PCSV) and a leader in the drone racing market, today announced it will begin selling its products on Newegg.com. Newegg is one of the industry's leading tech-focused online retailers with a customer base of technology enthusiasts and early adopters. Thrust UAV is selling the Riot 250R Pro racing drone on Newegg and will run multiple promotions throughout the holiday season leading up to the Christmas holiday.

"Drones appeal to our tech enthusiast customer base, which includes everyone from recreational hobbyists to competitive racing pilots," said Merle McIntosh, Newegg SVP of Sales & Marketing. "Newegg considers drones to be an important growth category, strategically important to the company as we continue to expand our offering in emerging categories."

"Thrust UAV is excited for the opportunity to sell direct to FPV racing customers across North America on Newegg.com," said Todd Hackett, CEO of PCS Edventures. "Newegg is a great fit for Thrust UAV, and we look forward to promoting sale of the Riot 250R Pro during the holiday season and beyond."

Releasing the Riot 250R Pro through Newegg lets Thrust UAV gain market exposure across North America, part of the company's core strategy of giving the ability to purchase and fly the Riot to as many people as possible. Having Newegg as a national sales platform sets up the Riot 250R Pro sales to grow over time during the holiday season and into 2017.

About Thrust UAV
Thrust UAV, a business unit of PCS Edventures!.com, Inc. (OTCPINK:PCSV) located in Boise, Idaho, builds and manufactures creative innovative, cutting-edge technology solutions for the rapidly expanding FPV (First Person View) drone racing market. Thrust UAV designs and sells FPV race drones, components, frames and high-performance electronic modules applicable to many industries.

Learn more at http://www.thrust-uav.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934; actual results could differ materially from such statements.

About Newegg Inc.
Newegg Inc. is the leading electronics-focused e-retailer in the United States. It owns and operates Newegg.com (http://www.newegg.com) which was founded in 2001 and regularly earns industry-leading customer service ratings. The award-winning website has more than 28 million registered users and offers customers a comprehensive selection of the latest consumer electronics products, detailed product descriptions and images, as well as how-to information and customer reviews. Using the site's online tech community, customers have the opportunity to interact with other computer, gaming and consumer electronics enthusiasts. Newegg Inc. is headquartered in City of Industry, California. Newegg operates Hybrid Centers in City of Industry, CA and Richmond Hill, Ontario.

Contact
Investor Contact: Mike Bledsoe 800-429-3110, mikeb@edventures.com
Investor Relations Web Site: http://www.pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

CEO Todd Hackett Discusses ~$1.7M Thrust UAV Purchase Order

Boise, ID -- (ReleaseWire) -- 11/17/2016 -- Thrust UAV (http://www.thrust-uav.com), a wholly owned subsidiary of PCS Edventures!.com (PCSV) and a leader in the drone racing market, today announced that it had received a blanket purchase order for $1.7MM with Unmanned Aerial Systems Ltd. (UAS) (http://www.riotpro.eu),  a United Kingdom based company delivering products and services to the retail, commercial, and military markets. The agreement specifies order expectations of 5,000 RIOT 250R Pro Series race drones and accessories over the next 14 months.  Each month, subject to the condition of completed sales of Riots by UAS to its retail customers of Riots covered by the blanket purchase order, UAS will give Thrust UAV a purchase order for a specific number of Riots to be delivered that month and counted against the blanket purchase order.

Thrust UAV views this blanket purchase order as an indication of the demand expected by UAS.  These expectations were established from UAS's market research and discussions with their channel partners.  Actual sales to UAS may vary considerably from the blanket purchase order depending on the market's acceptance of the Riot and the success of planned marketing efforts that will be conducted in unison by both companies.

"Thrust UAV has worked tirelessly over the past several months to produce what we feel is one of the toughest, fastest H-Frame racing drones on the market," said Michael Smith, Managing Director for UAS. He continued, "The integrated electronics, white gel coated carbon fiber, and ease of use right out of the box makes this drone the best we have ever seen.  Europe has tremendous purchasing potential, and we intend to continue to work many online and offline retail outlets to meet our sales targets outlined in our blanket purchase order."

Joe Egusquiza, Thrust UAV's Business Manager said, "The hobbyist market feedback we have received indicates that we have developed a one of a kind, tough-as-nails racing drone that can be built right here in the USA."

Todd Hackett, CEO of PCS Edventures!.com (PCSV) said, "This announcement is highly encouraging for PCS Edventures!.com (PCSV) and its shareholders, and shows that the efforts put forth over the past several months to create a commercial version of a high-performance, durable, and uniquely attractive quality product have been successful.  We are enthusiastic as we continue to pursue other promising business opportunities with distributors throughout the world, and we look forward to updating our investors and business partners as negotiations are finalized.  Thrust UAV expects to begin its first production run of the Riot 250R Pro within the next few days."

About PCS
PCS Edventures!.com, Inc. (OTCPK:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market and leads the First Person View (FPV) drone racing market through it's wholly owned subsidiary Thrust UAV. PCS learning programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries. Thrust UAV products are world-class, high-performance drones and components known throughout the drone-racing world.

Learn more about both companies here: http://pcsv.global

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, as amended, and actual results could differ materially from such statements, including the possibility that UAS will be unable to sell the race drones outlined in its blanket purchase order to its customers.

Contact:
Investor Contact: Mike Bledsoe
800-429-3110
mikeb@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCS Edventures!.com announces a complete drone education package for STEM educators.

Boise, ID -- (ReleaseWire) -- 10/20/2016 -- PCS (OTC:PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the upcoming launch of Discover Drones, the latest robotics-based STEM education solution from PCS Edventures!

The Discover Drones program provides a unique STEM education approach that includes modular drones that students construct as they learn the various systems within the drone, a drone flight simulator program license for flight training and practice, a fully developed curriculum using the unique PCS Edventures LABCard format, a classroom license for Droneology, the Edventures digital application that prepares students for real world drone use and more.

Heidi Grover, Director of Development and Marketing at PCS Edventures! said of the program, "We're excited to see this product literally "taking off" next month. The hardware, software, curriculum and other supplies we've sourced and tested over the past six months are wonderful and educators are going to love it!"

The core product in the kit, designed by Thrust UAV, is RubiQ, a modular educational drone platform specifically designed for student use. RubiQ joins the PCS iQ lineup of robotics and engineering products that includes EiQ (Engineering), RiQ (Robotics) and now RubiQ (UAV). A video clip of RubiQ in testing can be viewed here.

Michelle Fisher, PCS Director of Curriculum, recently presented the product package and upcoming release at the Florida After School Alliance (FASA) last week in Orlando. In response to a packed hands-on workshop she said, "It was wonderful to get such a warm reception at the FASA conference. The participants in the workshop were excited to be able to offer their students a hands-on learning experience that encouraged active experimentation and could bring the thrill and camaraderie of team sports to their STEM programs."

The Discover Drones package will be sold through the PCS Edventures direct sales team as well as resellers including School Specialty who has dedicated a full page of their 2017 Frey Scientific catalog to the product. Additional channel sales partners are in discussions with PCS regarding carrying the product which will include a variety of package configurations ranging from a single drone after-school package priced in the sub thousand dollar range to a full classroom solution for around six thousand dollars.

Mike Bledsoe, PCS Treasurer and Vice President said of the upcoming product launch, "The reason I was so excited to join the PCS team this year was for this very reason – we bring education to life through incredibly engaging experiences such as building and flying drones. It just doesn't get any better. And from a business perspective, we realize there are over 25,000 Jr.-Sr. High Schools that are perfect potential customers for this type of product, and we're one of the first providers of a complete STEM-Drone solution. I can't wait to see the market reaction to this new product."

About PCS
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934; actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover 800-429-3110, robert@edventures.com
Investor Relations Web Site: pcsv.global
http://www.edventures.com/investors

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

CEO Todd Hackett Conducts Annual Shareholder’s Meeting

Boise, ID -- (ReleaseWire) -- 10/04/2016 -- PCS Edventures (OTC:PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the successful conclusion of its Annual Shareholder's Meeting held on Friday, September 23rd, 2016 at 10 am at the PCS EdventuresLAB located at 345 Bobwhite Ct. Ste. 200, Boise, Idaho, 83706.

The meeting was called to order by CEO Todd Hackett and results of the voting were announced as follows:

- Pass: Election of Directors Todd Hackett, Mike Bledsoe, and Robert Grover
- Pass: Ratification of M&K as our Auditors
- Pass: Increase authorized shares from 100MM to 150MM shares
- Pass: Increase incentive stock pool from 8MM to 10MM shares

No other issues were brought before the Board for review. Mike Bledsoe, the new VP and Treasurer for PCS spoke briefly about his experience with the Company since he joined in July, his confidence in the team of people assembled and his optimism for the Company's growth.

Following the announcement of results, CEO Hackett provided a high level overview of accomplishments for FY 2016, and highlighted the opportunities and progress underway now for FY2017 as follows:

FY2016 Highlights

- Increased revenue from $2.9MM to $3.3MM
- Successful conclusion of our largest Saudi contract to date
- Largest corporate partner sale to date in Q4
- Established a significant new STEM sales channel with School Specialty
- Significant STEM product advancements - digital platform launched, new curriculum format launched
- Acquisition of drone company Thrust UAV - 30% CAGR drone market opportunity

FY2017 Progress to Date

- Secured an $825K development contract shortly after the Thrust UAV acquisition
- Secured a new Saudi contract for $693K
- Successful wireless video pilot contract conducted
- Expanded our reseller relationship with School Specialty
- Exiting R&D stage for the Riot250RPro and now entering sales stage. Demo units delivering to distributors this week and marketing efforts commencing for Q3

More detailed presentations on Mr. Hackett's highlights were conducted by Robert Grover, Executive Vice President, addressing STEM issues, and Joe Egusquiza, Business Manager for Thrust UAV addressing issues related to the drone market.

Interested investors and shareholders who missed the meeting can view the recording at the following URL: www.youtube.com/watch?v=-t2rSI6wosQ

About PCS
PCS Edventures!.com, Inc. (OTCPK:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934; actual results could differ materially from such statements.

Contact:
Investor Contact:
Robert Grover
800-429-3110
robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: UPTICK Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCS Edventures!.com Completes Private Placement

Boise, ID -- (ReleaseWire) -- 10/03/2016 -- PCS (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the successful completion of a $330,000 private placement.

The investment was from a group of private investors. The 5,076,922 "restricted" common share placement was an equity investment at a price of 6.5 cents per share. There were no warrants or convertible debt elements to the placement.

These funds will be used to fund inventory needs associated with the manufacturing of the Riot 250R Pro, the flagship racing product from Thrust-UAV and the RubiQ education drone, the Company's exciting and engaging STEAM education drone.

Joe Egusquiza, Thrust-UAV Business Manager said, "With the feedback we have received from our potential distributors our production numbers could be significantly greater than our initial expectations. The team has been working hard to produce the premiere, top-of-the-line race drone and we think we have done that. The value of being developed and built right here in the USA gives us the ability to closely monitor quality and bring the consumer an almost-ready-to-fly drone that is unrivaled anywhere. It's a very exciting time to be in this industry. "

Todd Hackett, CEO of PCS said, "We are looking forward to bringing these two products to market and know from early feedback from retail distributors and educational customers that we have an exciting product. I want to assure shareholders that we are using every resource available to minimize dilution but getting this product to market now is critical. "

About PCS
PCS Edventures!.com, Inc. (OTCPK:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com/

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934; actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover 800-429-3110, robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

An Invitation to Attend the PCSV Annual Shareholders Meeting

Boise, ID -- (ReleaseWire) -- 09/21/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today released a letter from the CEO, Todd Hackett, inviting friends and shareholders to attend the annual shareholder's meeting on Friday, September 23rd.

Dear Friends and Shareholders,
Greetings from PCS Edventures! and Thrust UAV as we celebrate our own "Year of the Drone" company update. This week we count down our last few days until our annual shareholder's meeting which will be held this Friday. Here are the details for attending physically or virtually:

Date:  Friday, September 23rd
Where: Boise EdventuresLAB, 345 Bobwhite Ct. Ste. 200
When: 10-11 a.m. Mountain
Register for Online Access:  www.attendee.gotowebinar.com/register/8598008681977733636

Our agenda will cover voting results for this year and presentations on the company's business plan and progress through FY2016 as well as a presentation on Thrust UAV. Products will be on display for shareholders to see and experience and, after the meeting, local attendees are invited to attend a tour of our new production and warehouse facility to see drone production and testing in action!

Please note, if you are unable to attend (physically or virtually) at the scheduled time the meeting broadcast will be recorded for viewing at your convenience. It will take a few days for post-production but it will be available for viewing and distribution next week.

Thanks to you all for your enthusiasm and continued support for PCSV. I look forward to seeing you all in person or online this Friday.

Sincerely,
Todd Hackett, CEO
PCS Edventures!

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCPink:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering and Math (STEM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries. Additional information on our STEM products is available at www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact

Investor Contact:
Robert Grover
1.800.429.3110
robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: UPTICK Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Company Announces New BrickLAB Product Configurations and Retail Opportunity

Boise, ID -- (ReleaseWire) -- 09/08/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced new product packaging and configurations for its popular BrickLAB product line that will expand its market potential.

The PCS BrickLAB product line is based around a high-quality plastic building block compatible with other major building systems including LEGO®, K'NEX®, Megablox® and others. PCS educators and product designers have worked together for a number of years to evolve the product into the perfect manipulative for hands-on STEM education. The new packaging configurations and expansion of colors streamline fulfillment operations for schools and also opens up new potential retail markets.

Heidi Grover, Director of Marketing and Development, said "We have been in pursuit of the 'perfect brick' it seems for years and we love this new product. We designed it with slightly rounded corners so there is less risk of sharp edges cutting students and teachers. We selected resins that are slightly softer and have less 'clatter' to them which makes for a quieter classroom experience. We selected a broad range of primary and vibrant colors that provide a colorful, engaging experience and appeal to all students. We engineered the clutch strength to be slightly higher than competitive products to enable more sophisticated building challenges. And we designed a very specific inventory of sizes to provide a rich platform for classroom projects. Finally, the new packaging for the BrickLAB BrickPACK is beautiful for retail display and configures the product into smaller modules for educators looking to expand their building inventory in smaller purchases."

Jim Schmidt, Ed.D. who leads professional development initiatives at PCS Edventures said, "I have had the pleasure of working with educators and educational researchers now for a number of years, and the BrickLAB is one of the most versatile and useful STEM products on the market. In addition to the many volumes of curriculum that embed STEM education into the classroom and after-school settings, we have documented university research that shows how this product helps elementary teachers to become more comfortable with introducing STEM topics into the classroom."

Learn more about the BrickLAB BrickPACK and associated accessories and curriculum at the PCS Edventures website. Click here for a direct link to the BrickPACK product.

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCPink:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering and Math (STEM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEM products is available at http://www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover
800-429-3110
robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: UPTICK Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Dahlton Grover, Director of Business Development, Speaks at Think Big

Boise, ID -- (ReleaseWire) -- 09/07/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the Company's recent participation in the Think Big Festival held in Coeur d'Alene, Idaho.

Think Big is an annual event that educates and empowers entrepreneurs by focusing on the speed at which technology is moving and the role of business and innovation in its progression. Held on August 26th & 27th, the event highlighted the field of robotics and hosted brilliant minds from Microsoft, Boeing, Johns Hopkins APL and others. Participants attended an annual think tank focused on providing social, economic and ethical guidance to the world regarding the robotics revolution. Dahlton Grover, Director of Business Development for PCS Edventures, participated and spoke at the event addressing the rise of drone technology, its application to STEM environments and the potential psychological impacts from the use of First Person View technology in drone applications such as racing.

Dahlton Grover said "The event was an extraordinary experience and rich with opportunities for PCS Edventures and Thrust UAV as I met with leading roboticists, thought leaders, consumer electronics experts and many others who can open doors for more business for us. In addition, the event itself was incredible as I had the opportunity to meet with technology leaders and visionaries who are changing the world for the better. I am very grateful to have attended."

Todd Hackett, CEO of PCS Edventures said, "This was an outstanding event for us as we came home with new information and new business development opportunities that we are following up on now. There is no doubt that the demand for robotics and drone technology will continue to expand rapidly and PCS Edventures and Thrust UAV have a strong focus on both innovation and immediate application of these technologies to growing markets."

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCPink:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering and Math (STEM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEM products is available at http://www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover
800-429-3110
robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: UPTICK Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCS Edventures’ Discover Robotics Curriculum Expanded

Boise, ID -- (ReleaseWire) -- 09/01/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the formal release of its newest robotics curriculum, Discover Robotics II LABCards.

The PCS Edventures Discover Robotics product line engages students in relevant topics through hands-on robotics activities in computer science and physics. Robotics I LABCards provide 4 foundational curriculum units that introduce students to mechanical engineering, basic electrical concepts and computer programming concepts. Now, Robotics II enables users of the Discover Robotics system to go much further using advanced procedural programming, the integration of sensors and variable driven behaviors. As students complete the series they are challenged to program robots with behaviors that emulate human behaviors by adding a certain level of unpredictability to their programs!

As with all the LABCards series, Discover Robotics II is designed to be student-driven using project-based learning techniques that rapidly build skills using a combination of step-by-step projects and challenges. By using the PCS Edventures designed RiQ robot coupled with the interactive programming software Cortex, students of a variety of ages can be quickly building and programming their own robot.

Michelle Fisher, Director of Curriculum Development at PCS Edventures said, "This release of our advanced robotics curriculum enables students to go much deeper with the application of sensors and variables. Our curriculum team did a remarkable job on the series and it is already in use in some classrooms as well as on our EdventuresLAB floor. Sales and marketing will be announcing it officially to all of our existing classroom and after-school customers this month as an awesome upgrade to their existing system!"

The Discover Robotics II curriculum is available for sale now and can be ordered through the PCS Edventures website at www.edventures.com.

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCPink:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering and Math (STEM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEM products is available at http://www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover
800-429-3110
robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCSV Thrust UAV Discusses Riot Performance at US Drone Nationals

Boise, ID -- (ReleaseWire) -- 08/31/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today released a statement on recent brand-building developments and activities at Thrust UAV relating to the Riot 250R-Pro, Thrust's flagship product FPV racer.

The Drone Racing Association (DSA) conducted US Drone Nationals at Governors Island in New York City on August 5-7th, 2016. Over 100 pilots from around the country gathered to compete in four categories including individual drone racing, freestyle, team and fixed wing. The Thrust UAV business development and sales team was present for the entire event as well as two Thrust pilots, Conrad Miller and Sorrel Miller who competed in the event flying Riot 250R Pro FPV racers.

Joe Egusquiza, Business Manager for Thrust UAV, said, "This was an incredible event and clearly represents the rapid growth taking place in the FPV drone racing market. We feel we are well positioned to be a leader in this market based on the performance of the Riot and the ongoing growth of the racing movement."

Conrad Miller, Thrust UAV pilot and product support specialist, placed 4th in the FPV individual drone racing category qualifying him as one of the top 5 DSA pilots in the United States invited to compete at Drone Worlds in Hawaii October 17-25th.

Conrad Miller said, "The Riot 250R Pro handled like an absolute dream at Nationals. It was the largest craft in the category and the size and weight of the design allowed for smooth flight on the largest drone racing course the US has seen. This was a huge contributor to making it into the final four."

Media coverage of the event was extensive and included live broadcasting of the entire event by ESPN3. Thrust UAV aired a commercial for the Riot 250R Pro throughout the coverage and Dahlton Grover, Director of Business Development, spent time on-air with ESPN broadcasters discussing Thrust UAV and the parent company PCS Edventures and its STEM education initiatives including the formation of a high school drone racing league.

Dahlton Grover said, "The media coverage for the event was incredible and our efforts at Nationals have definitely built significantly more brand awareness for Thrust UAV and the Riot 250R Pro. In addition, the simple fact that we now have ESPN coverage developing around FPV drone racing indicates that the 'Sport of the Future' is already here. We're at a perfect point in this burgeoning marketspace to be a US designer and manufacturer of a premium quality FPV racer. I think it's going to be a 'go-to' product for new FPV racers as well as experienced pilots looking for track-proven gear."

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCPink:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering and Math (STEM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEM products is available at http://www.edventures.com

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover 800-429-3110, robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCS Edventures!.com Completes Private Placement for Thrust-UAV Product Launch

Boise, ID -- (ReleaseWire) -- 07/21/2016 -- PCS (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the successful completion of a $500,000 private placement.

The $500,000 investment was from a group of private investors that included Todd Hackett, CEO, and Mike Bledsoe, Treasurer and Vice President of PCS. The 6,250,000 "restricted" common share placement was an equity investment at a discounted rate of 20% to market. There were no warrants or convertible debt elements to the placement.

These funds will be used to fund inventory needs for the Company for STEM product sales and the ramp up expenses and inventory associated with the manufacturing of the Riot 250R Pro, the flagship racing product from Thrust UAV launched in May of this year.

Joe Egusquiza, Thrust-UAV Business Manager, said "This product is incredible in performance and quality and we're excited to ramp up the manufacturing processes. We have an awesome product design and great suppliers and production partners now in place. Our team is ready to go. Watch for our marketing launch and ESPN ads at US Nationals at Governor's Island in a few weeks – we can't wait!"

Todd Hackett, CEO of PCS said, "Our shareholders can rest assured that we are spending these funds carefully and our people are using every resource at their disposal to keep costs under control while releasing a high quality product on schedule."

About PCS
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934; actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover
800-429-3110
robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: UPTICK Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

Thrust-UAV Racing Drones to Air on ESPN in Sponsorship Agreement

Boise, ID -- (ReleaseWire) -- 07/14/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced a sponsorship agreement with Drone Sports Association (DSA) that will promote the launch of the Thrust-UAV 250R Pro FPV racer.

DSA produces the U.S. National Drone Racing Championships including an August 5-7 event in New York City broadcasting live on ESPN3.  The Thrust-UAV sponsorship includes 30 second ESPN spots throughout the 3 day event, a product exhibition area in the racing village, and participation to share their vision in DSA's Sports Desk's special segments on the drone racing industry.

Dr. Scot Refsland, DSA Board Chairman said, "we are thrilled to be partnering with Thrust-UAV, a company positioned to be a leader in this sport.  We're very excited to be aligned to companies like PCS Edventures! who are also committed to bringing drone sports to education and a broader audience."

Dahlton Grover, Director of Business Development and DSA relationship manager said, "our involvement in professional drone races, like the Governor's Island event, establishes Thrust-UAV as a leading racing brand.  Our goal is to be the top racing drone manufacturer in the world with a commitment to world-class engineering and US-based design and manufacturing.  Also, events like this yield experience applicable to racing solutions used in STEM education programs.  PCS Edventures! is a leader in STEM and we apply the adrenaline packed FPV racing experience to hands-on programs that engage students."

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover 1.800.429.3110, robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCSV Discusses Middle East Business Growth

Boise, ID -- (ReleaseWire) -- 06/15/2016 -- PCS Edventures!.com Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the receipt of a Contract Awarding notice in the amount of $693,689.10 from a client in the Middle East.

The project focuses on the production and installation of customized STEM learning environments based on the PCS EdventuresLAB program and is estimated to be a six-month project once commenced. The result of lengthy tendering process, the Company received the award notice on June 9th and is working with the client to finalize mutually acceptable contract terms and timelines.

Robert Grover, PCS Executive Vice President, said of the award, "The Company has developed many relationships in the Middle East over the past decade and deployed projects in the UAE, Saudi Arabia and Egypt in that time. Many of these projects were foundational in the sense that they laid groundwork for expansion and this Award is a good example. We anticipate continued growth in business from the Middle East and are excited to announce this latest good news."

Todd Hackett, CEO, said "Our shareholders have watched with keen interest our development in the Middle East and I'm happy to say that our strategy there is working. We recently closed out previous contracts there and we are ready to start working on this and other projects now in the International pipeline. It should be noted that our STEM expertise, curriculum, and systems are unique and serve a global need."

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com

Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover
800-429-3110
robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCSV Announces Director and Management Additions.

Boise, ID -- (ReleaseWire) -- 06/14/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced changes to its Executive Management team and the expansion of its Board of Directors.

The Company accepted the resignation of Russelee Horsburgh as Vice President and Treasurer. Russelee will remain an employee focused on financial analysis, reporting, and supporting the new incoming VP and Treasurer.

Michael Bledsoe will join the Company on July 1st as the new Vice President and Treasurer. Mr. Bledsoe has over 27 years of experience in the investment industry including managing institutional equity and fixed income portfolios, conducting asset allocation studies and developing investment policy for pension plan sponsors and foundations. He received a BBA in Quantitative Management, Finance Emphasis, and an MBA from Boise State University. He has been a CFA Charter holder since 1994.

The Company appointed two new Directors to its Board, Michael Bledsoe, and Robert Grover, Executive VP of PCSV and former Director.

Todd Hackett, CEO, said, "I am excited to announce these changes. Russelee Horsburgh has done a tremendous job developing reporting and accounting processes and we are fortunate to have her continued expertise. Mr. Bledsoe has deep experience in financial markets and a passion for STEM education that we feel perfectly complements our Management Team and our Board. Robert Grover continues to support the Company in all initiatives with enthusiasm, dedication, and the experience he has gained in over twenty years of experience in STEM education."

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com.

Forward-looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover 800-429-3110, robert@edventures.com

Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCSV CEO Discusses Balance Sheet and His Long Term Outlook for PCSV.

Boise, ID -- (ReleaseWire) -- 06/13/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today released details of the restructuring of $1.4MM in short term debt into long term notes due in 2018 and 2019, and $340K into a short term note due December 31, 2016, significantly improving operational cash flow requirements for the company. This relieves the Company of a significant near term debt deadline.

Todd Hackett, CEO, described the transaction, "I was happy to restructure this debt into instruments that are more advantageous to the Company at this time, due to the progress we are making on projects and the ground we have gained over the past 12 months."

The Company recently released an update on FY2016 Q4 and an overview of what to expect for FY2016 results.

"I see the long term opportunity for the company to be enormous," concluded Todd Hackett, "We have outstanding STEM products at a time when demand for STEM education is at an all time high, a significant STEM distribution channel developing with School Specialty, and on the drone side of the business we are perfectly positioned to become a leader in the rapidly growing FPV drone racing market. This company is absolutely in the right place at the right time, and we are focused on executing our plan to take advantage of the timing."

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com.

Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover 800-429-3110, robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

CEO Discusses Upcoming 10-K.

Boise, ID -- (ReleaseWire) -- 06/06/2016 -- PCS Edventures!.com, Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today released an update on Company progress and preliminary, unaudited financials for FY2016, ended March 31, 2016. Full, audited financials will be released on or around June 14, 2016 with the filing of the 10-K Annual Report.

"Shareholders continue to ask for updates on Company initiatives and performance so I am sharing some early results from FY2016 and a brief update on the status of our ongoing initiatives," said Todd Hackett, CEO. "First, FY2016 Q4 was a great quarter for PCSV with $1,189,000 (unaudited) in revenue dropping $192,160 (unaudited) in profit to the bottom line. In total, our unaudited revenues for FY2016 were $3,335,612, an increase of 15% compared to last year's $2,901,113. Although we lost $424,455 (unaudited), it is a significant improvement from FY2015 in which we reported a loss of $1,447,820. Significantly, we accomplished this while decreasing cost of sales by 21% and executing an asset purchase of Thrust-UAV, a new unit that we have funded with additional personnel, R&D equipment, and a new, expanded location for manufacturing and fulfillment. Our Thrust UAV business unit will be announcing distributors, product news, and ship dates later this month. Other Company improvements include expanding our STEM products and sales channels, the development of our digital platform, refining our EdventuresLAB, and exporting STEM programs Internationally. We appreciate your continued support of PCSV."

Initiative Updates

Thrust UAV presently has three initiatives underway, the launch of the FPV racing drone, the Riot and contracted projects with two separate clients for wireless video, and a retail technology product based on drone technology.

The Riot: We had a highly successful product launch the weekend of May 20th in Virginia. Chris Haskins, one of our Thrust UAV design engineers, took 2nd place at the event flying a Riot. The weekend was filled with networking, developing relationships with several distributors, and introducing the Riot to the world. We are now moving into production of the Almost Ready to Fly (ARF) version of the product and June will be a very busy month as all of the R&D efforts come together to fire up the assembly line and get the first several hundred units of the Riot out to our distribution partners. At this time we are ordering production inventory, the retail packaging designs are complete, and we are running final tests on the power distribution board and the flight controller board prior to the first production run.

Contract Initiatives: Both contract projects are still underway, but behind schedule, one due to client scheduling delays, and the other due to some increased R&D requirements. We have confidence that both contracts will be successful endeavors for the Company and will release updates on these as they develop.

The PCS STEM group generated over $600,000 in domestic curriculum program sales and in excess of $400,000 from International STEM programs in Q4. With the addition of major sales channels like School Specialty, Inc., we anticipate expanding exposure and continued growth. Our curriculum development group has been conducting a complete product line overhaul, improving the curriculum and the classroom experience, while simultaneously maintaining a rigorous discipline for controlling our product cost of goods. Our new and upgraded BrickLAB curriculum, manipulatives, and packaging have been very well received by our partners and customers, and we anticipate it being very successful across all of our channels.

Finally, our STEM group is developing a drone based STEM education package that is being reviewed by state education officials, technology education specialists, flight experts, and engineers – we have a tremendous amount of interest from schools and education programs around the country for this product and are working to establish ourselves as a leader in the drone education space. Part of this product includes our new digital learning platform into which we will migrate all of our curriculum and programs. Testing of this product begins today, June 6th, at our Boise EdventuresLAB location. We are excited to see it in action.

Regarding Company operations, we are now fully migrated to our new warehouse and production facility in Boise. The new facility has afforded the opportunity to improve processes and overall efficiency and we are fulfilling product orders faster than ever.

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934; actual results could differ materially from such statements.

Contact:
Investor Contact: Robert Grover 800-429-3110, robert@edventures.com
Investor Relations Web Site: pcsv.global
Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCSV Thrust-UAV discusses Covington, VA Events and Riot Product Opportunities.

Boise, ID -- (ReleaseWire) -- 05/19/2016 -- PCS Edventures! Inc., (PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced the official launch event for the Riot 250R Pro, a high performance First Person View (FPV) racing drone being released in an Almost Ready To Fly (ARF) product format – something that consumers will be able to purchase and fly, out-of-box, in amateur and professional FPV racing leagues.

The Riot 250R Pro – Thrust UAV's flagship FPV racing drone is launching this week in Covington, Virginia, on May 20th at the Flying Circus FPV Festival, one of the largest FPV events on the East coast this year. The Riot, well known for its racing performance in hobby circles, is the primary product focus for Thrust-UAV in its core business focus of FPV racing technology. FPV drone racing is taking the world by storm as organized racing events continue to expand rapidly to accommodate this explosive, high-energy sport that is running high-stakes races such as the recent World Drone Prix in Dubai that offered $1MM in prize money to racers. Now the FPV drone racing experience is making its way to major network exposure with ESPN through partnerships with growing league organizations such as the International Drone Racing Association (IDRA).

Dahlton Grover who directs Channel Partner Development at PCS Edventures will be on site in Covington all week working with the Thrust-UAV development team who will be racing in the Flying Circus events. Thrust UAV is a major sponsor for the event and will be hosting a launch party Friday night prior to evening racing through the underground caverns in an event called the "Riot Underground!"

More details on the events can be found at the event website, http://www.flyingcircusfpvfestival.com/

EJ Duarte, Director of R&D for Thrust-UAV said of the product launch, "Wow – we are so excited to be here and the Riot 250R Pro is amazing. We've been working on this product for months. We took two years worth of flying experience, experimenting, and prototyping and rolled it into a blow-your-mind, ready-to-fly racer that customers are going to love. We are thrilled to be here and thrilled to be a major sponsor for the Flying Circus FPV Festival!"

Dahlton Grover said of the event, "This is what we have all been waiting for – the official launch of the Riot! To all of you racers, resellers, distributors, and drone lovers – this really is the drone you've been looking for – contact me ASAP if you are interested in reselling the Riot, it's going to be a long waiting list if you show up late for the party!"

Chris Haskins, Development Engineer for Thrust-UAV, Drone Racing League (DRL) pilot, and one of the lead designers of the Riot said "This racing venue is incredible – we have thousands of feet of illuminated caverns and have spent hours stringing lights through the course. The experience at this event will blow racers away, as will the Riot! I can't wait to compete."

Joe Egusquiza, Business Manager for Thrust UAV said, "I can't say enough about the hard work that everyone has contributed to get us to this point. The Riot is a game-changing product in an exploding market, and I think our timing is perfect. Our current operations group is working on scenarios related to keeping up with anticipated demand, which is an awesome problem solving challenge for our people.Honestly, I don't think our timing for entering this industry could be better. Seven months ago would have been too early, six months from now would be too late, and we are coming on to the scene with an outstanding product, outstanding support plan, and an outstanding long term strategy at the perfect moment. I can't wait to see what happens next."

Todd Hackett, CEO of PCS Edventures!, said of the Riot product launch. "I have believed in this product and this market opportunity since it was presented to me last year and I'm glad to see this moment arrive. To our shareholders and supporters, thank you for being part of this company, part of this incredible product, and part of a historic moment as we all contribute to a major new sport that is capturing the imagination of people around the world. I've invested time, energy, and an extraordinary amount of capital to make this dream a reality. I believe in it and the people behind it. Thanks to you all."

About Thrust UAV
Thrust-UAV is a Boise-based business unit owned and operated by PCS Edventures! focusing on creating innovative, cutting-edge technology solutions for the exploding FPV drone racing market. Thrust-UAV monetizes these innovative technology solutions through the production of racing drones and precision, high-performance electronic modules applicable to many industries.

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at http://www.edventures.com

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact:

Investor Contact: Robert Grover 800-429-3110, robert@edventures.com

Reseller and Distributor Contact: Dahlton Grover, dahlton@edventures.com

Investor Relations Web Site: pcsv.global

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm

PCSV discusses pilot program, contract production, and Riot release date

Boise, ID -- (ReleaseWire) -- 04/28/2016 -- PCS Edventures!.com, Inc., (OTCQB:PCSV) a leading provider of K-12 Science and Engineering (STEM) programs and leader in the design and manufacturing of precision technology for drone racing and robotics today announced updates on the status of Thrust-UAV, a business unit acquired in February that focuses on the design, development, and manufacturing of-high performance, first person view (FPV) racing drones.

"A number of our shareholders have been asking for updates on progress so we thought it was timely to release a progress report," said Robert Grover, Executive Vice President for PCS Edventures! "It has been just over two months since we announced the acquisition of Thrust-UAV, and over the past 70 days the company has established a facility for R&D and assembly, announced contract work for $825K, and a $48K pilot program on wireless video applications in industry. Investors who have inquired about the company borrowing funds over the past 70 days need to be aware that orders and contracts of this nature require fulfilment prior to collection of funds – and fulfillment requires R&D, inventory, and operations infrastructure. All of these items are coming together rapidly, and the following is a status update on the three recently announced initiatives from our Thrust-UAV business unit."

The Riot 250R FPV Race Drone
The Riot 250R – our flagship FPV racing drone is scheduled for an official product launch in Covington, Virginia, on May 20th that will take place at the FPV Flying Circus, one of the largest FPV events on the East coast this year. The Riot, well known for its racing performance in hobby circles, is the primary product focus for Thrust UAV in its core business focus of FPV racing technology.

In order to take the Riot from a labor intensive, hand-built product, to a fully manufactured solution, the Thrust UAV business unit needed to establish the necessary infrastructure for ramping which included a warehouse and assembly location, assembly line equipment, software for design and support, marketing and design consulting, and additional staff including electrical engineering, administrative and support personnel. All of these systems and people are in place and working hard to bring the Riot 250R to fruition. For example, the engineering process for the 250R involves consolidating much of the electronics used in an FPV racer into one consolidated circuit board. This requires electrical engineering design, prototyping, testing, and refinement until a final product is produced. We are in the final stage of the prototyping and testing for the 250R and plan on having the first product run available for distributors, resellers, reviewers, and others by the May 20th product launch.

Wireless Video Technology Pilot
On March 9th we announced a purchase order for $48,156 which initiated a pilot program for the design, development, deployment, and testing of a specialized wireless video application for a non-drone related industrial use. The R&D invested in this program has been intensive with our engineering team conducting extreme range testing under extreme environmental conditions to perfect the solution. The pilot program has gone very well with an initial testing implementation taking place on March 30th with the client. Based on this field testing and hands-on environmental test the system has been undergoing a final set of refinements and is scheduled for deployment within a few days. The company is very excited about this product as it has far-ranging implications for a large industry and it solves a commonplace problem seen at work-sites around the world. Upon the completion of the pilot and initial implementation the product will be publicly announced and made available for other customers and applications. The company looks forward to releasing details about this exciting technology solution.

Contract Product Development
On February 23rd 2016 we announced an $825K contract with Drones ETC, a Salt Lake City drone distribution company. The 12-month contract was executed on February 22nd and involves the R&D and production of hardware as well as the creation of a supporting IOS/Android app with widespread application to the drone market. The contract commits to the purchase of a minimum quantity over the 12-month contract for $825,000. If volume projections are higher than anticipated by the client, this number could increase. Sales for the product are expected to continue after the 12-month period with additional purchases by the client.

As of today, this project is nearing the completion of the product R&D phase with the electronics design and software now out of the design phase and into the prototyping and testing phase. Packaging is complete, client relations are positive, and indications are that the initial volume projections will indeed be higher than we originally reported. The $825K minimum order was just the minimum, obviously there is no maximum. Upon the official release of this product we will update investors on the status of the contract and an updated forecast on revenues for the product.

Joe Egusquiza, Business Manager for the Thrust UAV group within PCS Edventures, reported "I am beyond impressed with our Thrust UAV technical team and the financial, administrative, and strategic support we have received from the rest of the PCSV family in the past two months. If someone would have asked me - is it possible to set up a manufacturing facility, recruit people, implement multiple new systems, support some very diverse clients, as well as do the complete engineering design process for three very different products in such a short span of time, I would have said no. But the reality is, we are getting it done. I'm looking forward to the formal announcement of all three of these initiatives coming to life and getting to market."

EJ Duarte, Director of R&D for Thrust UAV and the original founder of the business said, "I would have to agree with Joe that the impossible is getting done here and it's because of the quality of the team we've assembled. The entire engineering team is working together beautifully with precision and efficiency and we look forward to seeing these amazing products hit the market in the coming days. Thanks to all of our investors out there who have believed in us, and hang on, we are just getting started!"

Todd Hackett, PCS CEO, said "I want to thank everyone in the company for the work that has been done in the past few months to get this new business group running as quickly as it has. Further, regarding financing, over the past 70 days investors have noted that I have continued to loan the company money. This is short-term bridge funding I am willing to provide based on the opportunity presented by these projects. My intent is not to dilute the company stock further with any of these recent short term loans, rather to provide the critical funding needed while we wait for the revenues associated with these projects to begin flowing. That appears to be in the near future, at which time we will arrange for my repayment in a manner that will not disrupt the growth of the company."

About Thrust UAV
Thrust-UAV is a Boise-based business unit owned and operated by PCS Edventures! focusing on creating innovative, cutting-edge technology solutions for the exploding FPV drone racing market. Thrust-UAV monetizes these innovative technology solutions through the production of racing drones and precision, high-performance electronic modules applicable to many industries.

About PCS Edventures!
PCS Edventures!.com, Inc. (OTCQB:PCSV) is a Boise, Idaho company that designs and delivers technology-rich products and services for the K-12 market that develop 21st century skills. PCS programs emphasize experiential learning in Science, Technology, Engineering, Arts, and Math (STEAM) and have been deployed at over 7,000 sites in all 50 United States and 17 foreign countries.

Additional information on our STEAM products is available at www.edventures.com

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934, actual results could differ materially from such statements.

Contact
Investor Contact: Robert Grover 800-429-3110, robert@edventures.com
Investor Relations Web Site: pcsv.global

Source: Uptick Newswire

For more information on this press release visit: http://www.releasewire.com/press-releases/release-3.htm