|By PR Newswire||
|December 5, 2012 08:20 AM EST||
HANGZHOU, China, Dec. 5, 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 the Company provided its third and final Press Release on its growth opportunities; expansion through M&A.
To gain all-round development in technology and education, and maintain customer resource, the Company will look at mergers and acquisitions in order to be able to merge some relevant enterprises in stages, which include the following verticals:
- The Company will look at acquiring a game development company, with the purpose of enhancing the Company's technical platform as a means to keep on developing innovating game modes to meet the demands of the market;
- Education training company: although online learning is convenient and not limited by time and space, it still has certain disadvantages, because some special subjects and learning methods cannot be explained clearly and thoroughly. Therefore, merging the companies with certain educational training abilities can not only increase the number of online members, but also provide better service to members and allow the Company to evolve its brick and mortar business. Because experts can teach learning methods face to face and increase the interaction and exchange among members through offline training classes and in turn increasing the sense of community and learning.
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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