UNION CITY, New Jersey, May 20, 2010 /PRNewswire/ -- Smartlinx Inc. (the Company) today announced an agreement between its wholly owned Indian subsidiary, Smartlinx VOIP Networks Private Limited and Matrusri, a Hyderabad-based educational training Academy, to provide IIT Foundation coaching to various schools. Smartlinx will provide its widely acclaimed LIVE TUTOR virtual learning environment while Matrusri will provide the digital content, hardware infrastructure and its tutor pool as part of the agreement. The program will be jointly marketed by both to the schools while the schools will provide the student side infrastructure.
As part of the deal Smartlinx will install, maintain and support the Live Tutor VLE which includes Live Tutor Connect and Live Tutor LMS for the delivery of classes and will also keep 100% of the connection fee charged to the students while Matrusri will keep the annual tuition fee.
About Matrusri:
MATRUSRI http://www.matrusri.com/ was established more than a decade ago with the intention of creating awareness about career building among students. Quality education to every corner of the country and at the very doorstep of every needy and aspiring student, especially those from rural areas, is our motto. Matrusri is the first Institute in India to impart education through Audio-visual Aids.
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 on the OTC Bulletin Board
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.
For more information contact: Abraham Joy Phone: +1(201)751-0602 Smartlinx Inc. 1400 Kennedy Blvd., Union City, NJ 07087, USA Phone: +1-201-751-0602 Fax: +1-732-453-0026 E-Mail: info@smartlinxinc.com Internet: http://www.smartlinxinc.com
SOURCE: SmartLinx Inc.
CONTACT: For more information contact: Abraham Joy, Phone:+1(201)751-0602; Smartlinx Inc., Phone: +1-201-751-0602, Fax:+1-732-453-0026, E-Mail: info@smartlinxinc.com
Comments