AUSTIN, TX — (Marketwired) — 02/05/15 — (OTCQB: SIBE), (the “Company” or “Sibling Group”), an educational technology company, announced today that its newly acquired subsidiary Urban Planet Mobile (“UPM”) has launched a partnership with India-based Trio Tech, a mobile solutions company, and VMS India, a subsidiary of VMS Communications. It is Urban Planet Mobile–s first distribution partnership in India.
VMS India and Trio Tech intend to market Urban Planet Mobile–s full suite of products to governments and corporate clients, with several proposals and partnerships already underway for launching Urban Planet Mobile–s signature language learning service, Urban English®.
“We are thrilled to be Urban Planet Mobile–s partner to distribute Urban English in India,” says Rajesh Kaul, Chief Executive Officer and Co-Founder of Trio Tech. “We are seeing incredible growth and demand for digital education solutions in India, particularly on the mobile phone.”
India is one of the largest and fastest growing mobile markets in the world. According to the IDC, during the quarter ending June 2014, the overall India mobile handset market stood at 63.21m units with a 5% quarterly growth, while smartphone shipments grew 11% quarterly and 84% year-on-year.
India has 22 Official Languages, a dozen of which are each spoken by 10 million people or more. Urban English teaches English to speakers of over 25 global languages, including Hindi speakers and Bengali speakers, which are spoken by an estimated 400 million people in India.
“Urban Planet Mobile–s learning solutions are a key part of our growth strategy in India because of interest from local, regional, and national governments, and the need to help educate India–s citizens, especially in English,” says Divye Ratna Dixit, Managing Director, VMS India. “We plan to promote not just Urban English but also 333 Words and Blended Schools Network as well, based on the needs of the client.”
Urban Planet Mobile was recently featured in the Inter-American Development Bank–s 2014 report titled “The Broadband Effect: Enhancing Market-based Solutions for the Base of the Pyramid” for its success in distributing learning technology that has a social impact on Base of Pyramid (BoP) populations around the world.
“We have seen the transformative power that learning English can have on people–s lives in countries throughout the world. In India, English is truly seen as a language of empowerment. We are honored for the opportunity to work with governments to empower their citizens, bringing English language learning to the Indian mobile users,” said Brian OliverSmith, CEO of Sibling Group and Co-founder of Urban Planet Mobile.
Sibling Group Holdings, is an educational technology company with two wholly owned subsidiaries, the Blended Schools Network (BSN) and Urban Planet Mobile (UPM), together uniquely positioned in the burgeoning global eLearning and mEducation markets. BSN provides benchmark quality online curriculum for the K-12 marketplace, complete hosted course authoring tools, professional development for teachers and a learning management system (LMS) environment. UPM–s products and platform are utilized in over 40 countries and remains one of the only education companies to offer products for delivery across all mobile and digital platforms.
This press release contains forward-looking statements that involve risks and uncertainties concerning the plans and expectations of Sibling Group–s Urban Planet Mobile partnership with India-based Trio Tech, a mobile solutions company, and VMS India, a subsidiary of VMS Communications. Actual events or results may differ materially from those described in this press release due to a number of risks and uncertainties. The potential risks and uncertainties include, among others, that the anticipated partnership between Urban Planet Mobile, Trio Tech and VMS India may not be completed or the expectations of future growth may not be realized. More information about potential factors that could affect our business and financial results is included under the captions, “Risk Factors” in the company–s Annual Report on Form 10-KT for the transition period ended June 30, 2014 which has been filed with the Securities and Exchange Commission (“SEC”) and available at the SEC–s website at .
Sibling Group Contact:
Richard Marshall
Chief Development Officer
Email:
Phone: (512)-329-1905
You must be logged in to post a comment Login