Press release from Business Wire India
Source: Smartlinx Inc.
Wednesday, January 06, 2010 06:27 PM IST (12:57 PM GMT)
Editors: General: Consumer interest; Business: Advertising, PR & marketing, Banking & financial services, Business services, Education & training, Financial Analyst, Information technology, Telecommunications; Technology
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Smartlinx Signs Agreement with Polsani Group for LIVE TUTOR Virtual Learning Environment
Union City, New Jersey, United States, Wednesday, January 06, 2010 -- (Business Wire India) -- Smartlinx Inc. (the "Company") is pleased to announce that its wholly owned subsidiary, Smartlinx VOIP Networks Private Limited, has entered into an agreement (the "Agreement") with Polsani Group, which operates six educational institutions in India.
Under the Agreement, Smartlinx has agreed to provide the Live Tutor Virtual Learning Environment which includes Live Tutor LMS and Live Tutor Connect to Polsani Group for implementation across their different educational institutions. In consideration of providing these services, Polsani Group has agreed to:
-- pay subscription fee for three years of the Live Tutor Virtual Learning Environment, by June 1, 2010;
-- pay connect fee per user/per hour of Live Tutor Connect.
The term of the agreement will continue until it is terminated by either of the parties.
About the Polsani Group
The Polsani Group is a diversified business group with extensive interests in education industry. Polsani Group operates six educational institutions with a total of 6,000 students and 250 faculty members.
About Live Tutor Virtual Learning Environment
Live Tutor Virtual Learning Environment ("VLE") is a virtual classroom service, equipped with audio and video infrastructure, being developed by the Company. The Company's VLE service unitizes its Live Tutor Learning Management System ("Live Tutor LMS") and Live Tutor Connect service.
About Smartlinx
Smartlinx has partnered with Bharat Sanchar Nigam Limited (BSNL), the largest telecom company in India, to provide video based learning using Voice and Video Over Broadband (VVOBB) to students in India and abroad under the brand/service name Live Tutor. Live Tutor is made available as a value added service of BSNL broadband.
Smartlinx Inc. shares are quoted in the United States.
This news release may contain, in addition to historic information, forward-looking statements. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. There is no assurance that the Company will be able to: (i) complete the pilot implementation of Live Tutor Virtual Learning Environment; or (ii) realize revenues from the implementation of Live Tutor Virtual Learning Environment. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.
CONTACT DETAILS
Abraham Joy, Smartlinx Inc., (201) 751-0602, joy.etc@googlemail.com
KEYWORDS
CONSUMER, MARKETING, BANKING, BUSINESS SERVICES, EDUCATION, Financial Analyst, IT, TELECOMMUNICATIONS, TECHNOLOGY
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