Thinkific Launches the Thinkific App Store For Online Course Creators

• Thinkific App Store to directly connect developers with 50,000 Thinkific course creators, fuelling the USD $350 billion online education market
• Course creators provided access to new range of best-in-class tools to run and scale their businesses
• Thinkific making significant investments to build engagement and momentum in new developer community

VANCOUVER, BC, May 4, 2021 /PRNewswire/ -- Thinkific Labs Inc. ("Thinkific" or the "Company") (TSX: THNC) , a leading platform for creating, marketing, and selling online courses, today announced the official launch of the Thinkific App Store.

Thinkific's App Store is the first marketplace of its kind to address the surging online course industry, and an ambitious new component of Thinkific's growing commerce ecosystem. It represents a new and key advancement for the Company, one which it intends to invest in and scale extensively to ensure its course creators have access to best-in-class tools to run and scale their businesses and capitalize on the growing USD $350 billion online education market.*

Developers can now create and sell custom applications for the Thinkific . In doing so, they access a global market of more than 50,000 active course creators across 165 countries who earned over USD $275 million in revenue from direct course sales on the platform in 2020 alone.

"We remain relentlessly focused on enhancing the course creator experience and providing them with the tools they need to grow their businesses and deliver world-class courses to their communities," said Greg Smith, Co-Founder and CEO of Thinkific. "With the launch of the Thinkific App Store we're seriously advancing this ambition, connecting developers directly to our customers who can now even more easily, and with no technical experience, build the vision they have for their business and supercharge their growth."

Through the Thinkific App Store, course creators are now able to more fully customize their courses and other learning products, market their businesses, and simplify their processes. The store and all apps are managed through the Thinkific platform, which has been designed for ease of use and seamless integration. This ensures that course creators can easily customize their courses to include unique and sophisticated functionality without technical knowledge.