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Sunday, May 30, 2010

STG inks MoU with Top Chalks

Myiris news - Live News - STG inks MoU with Top Chalks

Source: IRIS (18-MAY-10)
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Software Technology Group International (STG) and Top Chalks, a pioneer in the field of digital education have come together in a strategic tie up to make available `technology based` test preparation for IITJEE /AIEEE /XI /XII.

STG and Top Chalks share common vision of empowering every aspiring student and professional to succeed in their educational and career pursuits

The inadequacy of our school system in providing quality education and also the severe competition in getting admissions in to the quality higher educational institutions provides a market opportunity for supplemental learning and or coaching/tuition Private education test preparation market is expected to grow at 100% to USD 33 billion in the next 3 years.

The technology used to make this vision a reality is based on a simple philosophy of moving the time- tested instructor-led class-room learning to the powerful and highly scalable digital medium such as the Internet, CDs or locally over LANS (local area networks).

Shares of the company gained Rs 0.08, or 1.23%, to trade at Rs 6.58. The total volume of shares traded was 4,150 at the BSE (3.05 p.m., Tuesday).


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