NEWS!!!
Neologic Animation, Inc. Growth Opportunity - Part One; Expansion to other Asian Markets
8:30a ET December 3, 2012 (PR NewsWire) 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 it starts with part one of three press releases commenting on the growth opportunities present to the Company. Part one discusses the Company's possible expansion to other Asian Markets.
From the inception and through the development of the Company's business model, the development of the Chinese ELearning website set up by the Company is an international project that will target the whole world and not just China. However, more immediately, the Asia market is regarded as a key market and focus, because Asia is the gathering place for the overseas Chinese. In the world, there are about 35 million overseas Chinese, of which 73% of them are in Southeast Asia. The partial reason for this is that the ASEAN 10+1 national strategic framework agreement enables borderless commerce and trade cooperation, between China and other Asian Countries so it is also important that language bridges are built as well.
The Company is eager to enter two other markets: Korea and Japan. As both Japan and Korea are the birth place of the animation industry, the number of their animation fans and practitioners are more than other Asian countries. As a game carrier of MMOG and proponents of providing a high standard of education for their children, it can be expected that Naniya will take root in Japan and Korea as well.
Meanwhile, Japan and Korea outside ASEAN also belong to key markets, because China is the key area of the two countries' commerce and trade. "The Company will make efforts to complete the building and development of its Chinese ELearning Website by the first quarter of 2013, the Company plans to fully promote the ELearning website and set up points of sale in overseas Chinese gathering places in ASEAN 10+1 countries. According to current predictions, the Company will try to set up more than 20 points of sale and develop 20,000 members in the region. It is expected that the next few years will see a rapid increase in our business of ELearning throughout the Asia markets", states, Dr. Zhang, the Company's CEO.
