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RoboGroup Penetrates the Chinese Market With its TrainNet
Interactive Distance Learning System
Will Supply the TrainNet System to China's Central Agriculture Broadcast and
Television School
ROSH HA'AYIN, Israel, Aug. 30 /PRNewswire-FirstCall/ -- RoboGroup T.E.K. Ltd.
(NASDAQ:ROBO), today announced that it has signed a contract to supply its
TrainNet distance learning platform to China's Central Agriculture Broadcast
and Television School (CABTS). CABTS will utilize TrainNet to provide
interactive distance-learning to its municipal schools throughout China.
CABTS is one of the largest agriculture distance education schools in the
world, with thousands of provincial, municipal, county and township schools and
classes throughout China. In the first phase CABTS will deploy TrainNet for use
by 300 of its municipal schools.
Gidi Nimoy, Robogroup's VP Sales and Marketing e-learning said," We consider
the Chinese market to be of huge potential for TrainNet. We hope that a
successful deployment of TrainNet by CABTS will provide Robogroup with an
opportunity to expand within CABTS as well as to additional customers in
China."
Mr. Zeng Yi Chun, President of CABTS said: "Using an Interactive Distance
Learning tool like TrainNet will improve the level of our distance education
technology in China. TrainNet will enable us to utilize our experience using
interactive distance learning and to facilitate the dissemination of important
information to the farmer population in rural China. It will play a significant
role in promoting farmer education and training in rural China."
TrainNet is an Interactive Distance Learning system that enables delivery of
multiple, live synchronous e-learning lessons to an unlimited number of
geographically dispersed PC or TV-based classrooms via satellite, Internet or
other communications channels. TrainNet uses a friendly student/instructor
interaction that includes high quality bi-directional video, voice and
educational tools like slide projection, whiteboard, chat and application
projection. TrainNet lessons can be recorded for future re-broadcast, offline
distribution, or on-demand access as part of a virtual campus. TrainNet is an
ideal tool for corporations, governmental organizations and universities that
wish to deliver cost effective and fast training to geographically dispersed
participants without compromising quality or high level interactivity.
About RoboGroup
RoboGroup engages in three business sectors. The first sector is devoted to
RoboGroup's training products and e-learning systems. RoboGroup is a world
leader in engineering and manufacturing technology training systems. The
Company is market driven, deriving its growth from technological leadership,
strong partnerships and management expertise. The second is Yaskawa Eshed
Technology (YET), a joint venture with Japan's Yaskawa Electric Corp., which
provides industrial motion controls, particularly those based on its patented
algorithms. The third is MemCall, a company with a limited operation, which
develops new technology designed to shorten the length of time required to
locate and retrieve information in computer and communications networks. For
more information, visit http://www.robo-group.com/ .
To the extent that this press release discusses expectations about market
conditions or about market acceptance and future sales of the Company's
products, or otherwise makes statements about the future, such statements are
forward-looking and are subject to a number of risks and uncertainties that
could cause results to differ materially from the statements made. These
factors include the rapidly changing technology and evolving standards in the
industries in which the Company and its subsidiaries operate, risks associated
with the acceptance of new products by individual customers and by the market
place and other factors discussed in the business description and management
discussion and analysis sections of the Company's Annual Report on Form 20-F.
Company Contact:
Talia Myron
RoboGroup
+972-3-900-4170
Agency Contact:
Ayelet Shiloni
Integrated IR
+1-866-447-8633
DATASOURCE: RoboGroup T.E.K. Ltd.
CONTACT: Talia Myron of RoboGroup, +972-3-900-4170,
; or Agency Contact - Ayelet Shiloni of Integrated
IR, +1-866-447-8633, , for RoboGroup T.E.K. Ltd.
Web site: http://www.robo-group.com/