Bulle & Baer Research: Educational India Bets on Smartlinx's E-Learning Software
By Smartlinx Inc, PRNETuesday, May 18, 2010
UNION CITY, New Jersey, May 19, 2010 - Experts from Bulle & Baer Research recommend speculative medium- and
long-term oriented investors buy into shares of India's leading E-Learning
Service Provider Smartlinx Inc.
(OTCBB: SMLK.OB / WKN: A0YBZP) located in Union City / USA.
As from May, Smartlinx's E-Learning Client "Live Tutor" will be
intensively marketed to currently 6 million broadband subscribers of
strategic partner and telecom giant BSNL for the first time.
The company's objective is breaking into India's 6 billion USD tutoring
market and become an aggressive price leader in the online-tutoring segment.
In a market with annual growth of 15% and with broadband access rising by a
staggering 48% annually as well, the "Live Tutor" brand shall be expanded
into the "Ebay for Education". The company is targeting a turnover of 136
million USD with an EBIDTA-margin of 40% by 2015.
For financing aggressive, price-lead growth, the company is offering 5
million shares @ 0,40 USD in the international marketplace. Each share
includes a free option for buying another share @ a base price of 0,50 USD.
A tutor campaign started in march has already resulted into 1,500
registered tutors after 30 days. The cross-media consumer campaign (starting
in may) will kick off targeting Indian pupils, followed by national students
and working professionals and finally targeting international students.
In the future anyone will be able to tailor his own individual
online-timetable choosing from a wide range of subjects - for just 2,67 USD
an hour.
In the face of 1.5 million Indian schools and universities, as well as
250 million students, E-Learning providers in India are facing exceptional
growth prospects.
Because the "Live Tutor E-Learning Environment" locks perfectly into
market needs - offering pupils, teachers, students, households and the
overall economy multiple benefits - we are expecting a successful growth
story.
Because of this perception we also expect the completion of the
Smartlinx-share offer, accompanied by a constantly favourable newsflow for
Smartlinx shareholders.
Bulle & Baer Research recommends speculatively oriented investors buy
into Smartlinx shares until the 0.50 Euro price level.
Click here for a free download of the complete company study
www.bb-research.com/Bulle_Baer_1006_Smartlinx_en.pdf
About Bulle & Baer Research:
The team of Bulle & Baer Research, based in London / UK has many years'
experience with exposure in listed small caps. The analysts and authors are
professionals and can assess the potential of a company founded and identify
the risk factors. Depending on the sector and theme can be used by
specialists for the studies to a portfolio.
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 (OTCBB: SMLK)
Bulle & Baer Ltd 145-157 St John Street, London, EC1V 4PY, UK info@bb-research.com www.bb-research.com 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: www.smartlinxinc.com
Bulle & Baer Ltd, 145-157 St John Street, London, EC1V 4PY, UK, info at bb-research.com; SmartLinx Inc., 1400 Kennedy Blvd., Union City, NJ 07087, USA, Phone: +1-201-751-0602, Fax: +1-732-453-0026
Tags: India, May 19, new jersey, Smartlinx Inc, Union City