Learning Priority, Inc. (fka LRNP)

[Investolator]

Following news of MYIQ was posted on RB, I pasted it here for your reading.

Genesis Technology Group Signs Two US Companies; Education and Energy Major Concerns of the Chinese
06/17 7:01 am (PR)
Story 0306 (GTEC, MYIQ, ARGY)

BOCA RATON, Fla., June 17 /PRNewswire-FirstCall/ -- Genesis Technology Group, Inc. (OTC Bulletin Board: GTEC), the first US-based Trust Member of the Shanghai Technology Stock Exchange, announced the signing of contracts with two US companies: EduLink, Inc. (OTC Bulletin Board: MYIQ) and Alternate Energy Corporation (OTC Bulletin Board: ARGY).

Genesis and EduLink have agreed that Genesis will oversee EduLink's educational initiatives in China. Genesis and EduLink are in the process of constructing a master license and joint venture, which would make Genesis responsible for conducting all sublicensing activities in China, as well as providing all required support and maintenance. In return for Genesis' payment to EduLink of an advance against license fees which would be payable under the intended joint venture agreement, EduLink has agreed to refrain from entering into discussions with any other party during the next 90 days to the extent those discussions involve the implementation of EduLink's technology in China.

The subject of the agreement is the implementation of EduLink's Knowledge Sharing System in China, a system which is based on the integration of the three core foundations for digital asset and knowledge management: Storage & Retrieval, Repurposing and Distribution. The primary focus for the use of EduLink's Knowledge Sharing System is currently the K-20 education market. EduLink's suite of software was developed with the assistance of Science Applications International Corporation (SAIC), its system integrator and technology developer for over the last three years. SAIC is the nation's largest employee-owned research and engineering company.

Genesis President Dr. James Wang said, "Our initial market research suggests a substantial demand in China for online distance education that is growing to a billions-of-dollars industry per year in China. We believe EduLink can penetrate the Chinese education market with their technology and we intend to work diligently to work out the terms of a joint venture and then move to bring EduLink's unique system into China."

EduLink Executive Vice President Michael Rosenfeld said, "EduLink's entry into the China markets must be carefully mapped out and executed. Genesis offers an extensive network in China. We certainly will use our best efforts to work out the details with Genesis over the next few months since we are confident that Genesis is the right company to lead us in our China initiatives."

Genesis will assist ARGY in fundraising and conduct China initiatives for technology transfer and licensing. Alternate Energy Corporation's (AEC) patented technologies provide this increased power through reclaiming heat energy that is typically lost to the environment when producing electric power and reducing the cost. AEC technologies can enable the North American electric utility industry to produce more power without changing the industry's current level of operating costs. AEC plans to collect a percentage of the new revenues generated by these utilities.

Dr. Wang said, "China is taking measures to promote energy conservation technologies to meet a tremendous demand for high-quality energy. China's annual consumption of coal, which accounts for 76 percent of the country's total energy resources for commercial use, is expected to triple by 2020, along with a rapid increase in the use of petroleum products."

AEC CEO Mr. Blaine Froats stated, "We at AEC are looking forward to a long and profitable relationship with the Genesis Technology Group, Inc."

About Genesis Technology Group, Inc.

Genesis Technology Group is a business development firm that fosters bilateral commerce between companies in the United States and Europe with those in China. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China at both national and provincial levels. For more information, visit http://www.genesis-technology.net.

About EduLink, Inc.

EduLink was founded with a mission to create a seamless, integrated, and dynamic education service that stores and retrieves, re-purposes, and distributes vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can then be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help children learn more effectively and assist their educators in this quest. For more information, visit http://www.edu-link.com.

About Alternate Energy Corporation (AEC)

AEC owns patented technologies that enable electric utility companies and large multi-national industrial companies (petroleum, chemical, mining, steel, pulp and paper, manufacturing, etc.) to increase their power output in some cases by up to 50% with significant decrease in cost. This is accomplished without increasing the amount of fossil fuel that is used, which provides two additional benefits: less dependency on imported fossil fuels and lower fossil fuel pollution levels. Both the cost and availability of fuel, and protecting the global environment are currently two of the highest profile issues on North American agendas.

For more information, visit http://www.alternateenergycorp.com (it is under construction.)

This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results is included in the Company's filings, available via the United States Securities & Exchange Commission.

Contact:

Genesis Technology Group, Inc.


Kenneth Clinton, Executive Vice President

Genesis will assist ARGY in fundraising and conduct China initiatives for technology transfer and licensing. Alternate Energy Corporation's (AEC) patented technologies provide this increased power through reclaiming heat energy that is typically lost to the environment when producing electric power and reducing the cost. AEC technologies can enable the North American electric utility industry to produce more power without changing the industry's current level of operating costs. AEC plans to collect a percentage of the new revenues generated by these utilities.

Dr. Wang said, "China is taking measures to promote energy conservation technologies to meet a tremendous demand for high-quality energy. China's annual consumption of coal, which accounts for 76 percent of the country's total energy resources for commercial use, is expected to triple by 2020, along with a rapid increase in the use of petroleum products."

AEC CEO Mr. Blaine Froats stated, "We at AEC are looking forward to a long and profitable relationship with the Genesis Technology Group, Inc."

About Genesis Technology Group, Inc.

Genesis Technology Group is a business development firm that fosters bilateral commerce between companies in the United States and Europe with those in China. Genesis has created successful profit centers in product development, manufacturing, distribution, joint ventures and operational services. Genesis has established effective working relationships with various governmental agencies, public institutions, and private industries in China at both national and provincial levels. For more information, visit http://www.genesis-technology.net.

About EduLink, Inc.

EduLink was founded with a mission to create a seamless, integrated, and dynamic education service that stores and retrieves, re-purposes, and distributes vast amounts of different types of digital assets, such as text, pictures, audio and video files, which can then be utilized as learning resources for either educational or business purposes. EduLink's initial and primary goals are to help children learn more effectively and assist their educators in this quest. For more information, visit http://www.edu-link.com.

About Alternate Energy Corporation (AEC)

AEC owns patented technologies that enable electric utility companies and large multi-national industrial companies (petroleum, chemical, mining, steel, pulp and paper, manufacturing, etc.) to increase their power output in some cases by up to 50% with significant decrease in cost. This is accomplished without increasing the amount of fossil fuel that is used, which provides two additional benefits: less dependency on imported fossil fuels and lower fossil fuel pollution levels. Both the cost and availability of fuel, and protecting the global environment are currently two of the highest profile issues on North American agendas.

For more information, visit http://www.alternateenergycorp.com (it is under construction.)

This announcement contains forward-looking statements that involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the company's limited operating history, the limited financial resources, domestic or global economic conditions -- especially those relating to China, activities of competitors and the presence of new or additional competition, and changes in Federal or State laws, restrictions and regulations on doing business in a foreign country, in particular China, and conditions of equity markets. More information about the potential factors that could affect the company's business and financial results is included in the Company's filings, available via the United States Securities & Exchange Commission.