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CHINA: ADDITIONAL INSTALLATIONS IN CHINESE SCHOOLS TO HELP TENGTU ACHIEVE RECORD SALES.(Tengtu International Corp.)(Brief Article)(Statistical Data Included)
IPR Strategic Business Information Database, February, 2002
Tengtu International, Provider of distance learning solutions and educational software, said it has installed some 10,000 Total Solution platforms in schools throughout China and currently has agreements in place to provide information technology products and services to another 91,000 schools in the country over the next two years.
The Company stated it expects to report record sales in its fiscal 2002 second quarter ended Dec. 31, 2001. Tengtu recently announced it had received letters of intent from three more Chinese Provinces to install its Total Solution education platform in approximately 150,000 more schools covering kindergarten through 12th grade (K-12). When its latest agreements are finalized, Tengtu expects to have about 25% of the K-12 e-education...
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