|By PR Newswire||
|December 3, 2012 08:31 AM EST||
HANGZHOU, China, Dec. 3, 2012 /PRNewswire/ - Neologic Animation Inc. (OTCBB:NANI),- (The Company), an educational software company in the People's Republic of China, The Company is reaffirming to its shareholders its positive and optimistic opinions on the opportunity it pursues in the large ELearning market. Today it starts with part one of three press releases commenting on the growth opportunities present to the Company. Part one discusses the Company's possible expansion to other Asian Markets.
From the inception and through the development of the Company's business model, the development of the Chinese ELearning website set up by the Company is an international project that will target the whole world and not just China. However, more immediately, the Asia market is regarded as a key market and focus, because Asia is the gathering place for the overseas Chinese. In the world, there are about 35 million overseas Chinese, of which 73% of them are in Southeast Asia. The partial reason for this is that the ASEAN 10+1 national strategic framework agreement enables borderless commerce and trade cooperation, between China and other Asian Countries so it is also important that language bridges are built as well.
The Company is eager to enter two other markets: Korea and Japan. As both Japan and Korea are the birth place of the animation industry, the number of their animation fans and practitioners are more than other Asian countries. As a game carrier of MMOG and proponents of providing a high standard of education for their children, it can be expected that Naniya will take root in Japan and Korea as well.
Meanwhile, Japan and Korea outside ASEAN also belong to key markets, because China is the key area of the two countries' commerce and trade. "The Company will make efforts to complete the building and development of its Chinese ELearning Website by the first quarter of 2013, the Company plans to fully promote the ELearning website and set up points of sale in overseas Chinese gathering places in ASEAN 10+1 countries. According to current predictions, the Company will try to set up more than 20 points of sale and develop 20,000 members in the region. It is expected that the next few years will see a rapid increase in our business of ELearning throughout the Asia markets", states, Dr. Zhang, the Company's CEO.
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 [email protected]
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.
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