Smartlinx Announces Milestone for the Campaign to Enroll 10,000 Online Tutors Across South IndiaExplore related topics
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UNION CITY, NEW JERSEY, Mar 19, 2010 (Marketwire via COMTEX) -- Smartlinx Inc. is pleased to announce that its wholly owned subsidiary, Smartlinx VoIP Networks Pvt. Ltd, today crossed a major milestone in their tutor recruitment campaign across South India.
The campaign to enroll in excess of 10,000 tutors for Smartlinx's Live Tutor education platform, through aggressive advertisement campaigns across media including Radio, social networks, print, online as well as Out of Home (OOH) campaigns, has shown good results.
The target group for the campaign - "Teach, Learn and Connect" - includes professionals, professional teachers, students of higher education and housewives.
The campaign that began from 1st February 2010 has already enrolled 1,500 teachers as to date. Smartlinx plans to reach the target of 10,000 by May 2010 when summer vacation starts for the schools, provided that the private placement which was announced earlier is completed.
A tutor who is willing to teach an average of 9 hours a week and 3 students at a time, using Smartlinx's one-to-many model, can earn around Rs 10,125 ($225) per month while Smartlinx will charge a connect fees of 2,700 ($60) per month.
The student (Class X, IX, XII) just spends Rs 120 ($2.67) per hour which is almost what he/she spends for the transport to have supplementary education in metros now.
Based on the calculation above, the completion of this campaign gives Smartlinx the basis to target a turnover of Rs 324 Million ($7.2 million) per year only from this segment of its business.
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 /quotes/comstock/11k!smlk (SMLK 0.41, -0.05, -10.87%) .
This news release may contain, in addition to historic information, forward-looking statements. These statements may involve known and unknown risks and uncertainties and other factors that may cause the actual results to be materially different from the results implied herein. In particular, there is no assurance that the Company will be able to: (i) complete its campaign to hire approximately 10,000 tutors; (ii) enroll a sufficient number of students; (iii) achieve any estimated or projected revenues and (iv) complete the private placement. Readers are cautioned not to place undue reliance on the forward-looking statements made in this press release.
SOURCE: Smartlinx Inc.
Smartlinx Inc.
Abraham Joy
+1.201.751.0602
investor@smartlinxinc.com