Neologic Animation Inc. Signs Deal With Prominent Dongying Youth Training Base
Published on Thursday, 09 August 2012 10:19 Written by TradersHuddle Staff
HANGZHOU, China, Aug. 9, 2012 /PRNewswire/ - Neologic Animation Inc. (OTCBB: NANI),- (The Company), an educational software company in the People's Republic of China, announced today that the Company has signed a letter of intent to co-operate with the prestigious Dongying Youth Palace Training Base (Dongying) in the heart of Shandong Province.
Founded over 50 years ago, Dongying can provide more than 20,000 students a day with training from the "Naniya World" website. In addition, the base is set to become the exclusive agent for the Company in the Dongying region, distributing its eduCards for the website as well as serving as an off-line training base.
"This is a very exciting day for the Company," said President and CEO Hongxiao Zhang. "With over 12,000 primary schools and 1.2 million primary school students in Shangdong Province, this agreement with the prestigious Dongying Youth Palace Training Base can give the Company direct access to this rapidly growing market."
The region is home not only to the Shengli oil fields; the second largest in the country, but it is also the birthplace of Confucian culture and home to the great social Chinese philosopher, Confucius. Development in the region will pave the way for future endeavors.
About Neologic Animation Inc. (the "Company")
The Company is an educational software development and marketing company; currently developing a website to be marketed as "Naniya World" for primary school students in China. The website's goal is to educate children how to develop and hone their creative skills through interactive educational games that incorporate Adobe Flash. The games incorporate a curriculum that has been developed by some of China's top professors and child psychology experts. It sets itself apart from other after school programs in China because it deviates from the traditional methods of Chinese education. The Company's mission is to inspire every child in China to become the best student they can possibly be by showing them that learning is fun.
For more information about the Company please visit our website at www.neologicanimation.com
Further information on the Company and its filings can be found at www.sec.gov
For further information, please contact:
Investor relations: Morningstar Corporate Communications
USA toll free 1(888) 603-3330 or NY local 1(646) 224-6902
Forward Looking Statements
Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words "plan", "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Neologic Animation Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Neologic Animation Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
SOURCE Neologic Animation Inc.
- Neologic Animation Inc. Implements Cross Marketing Strategy to Target and Reward 300,000 Safe Drivers in Anhui Province with "Naniya World" EduCards
- Neologic Animation Inc. Is Ready to Promote its Chinese Learning Module to 30 Million Foreigners
- Neologic Animation Inc. is Cooperating Countrywide with a National Public Institution of the Government of China
- Neologic Animation Inc. Is Ready to Enter the Global eLearning Market which is expected to Reach $107.3 Billion by 2015
- First China then the world - Neologic Animation Inc. to establish plans for expansion into markets outside China; Worldwide eLearning market to reach $49.9 billion by 2015
- China's Largest Driver Club Signs-On as Sales Agent for Neologic Animation Inc.; 50,000 Educards Projected To Generate $3.9 Million in Sales From This Agent
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