Neologic Animation Inc. Set To Capture Market Share Of China's Booming 7.4 Billion Dollar Online Gaming Industry
HANGZHOU, China, June 25, 2012 /PRNewswire/ - Neologic Animation Inc. (OTCBB:NANI),- (The Company) an educational software Company in the People's Republic of China, announced today plans to secure its market share of China's burgeoning $7.4 billion dollar online gaming industry with its after school training website for primary students, "Naniya World".
The site provides potentially over 100 million primary school students in China the opportunity to cultivate independent learning and creative thinking by using EduCards on the Company's website, "Naniya World". This is a tool to educate children through online games.
Company President and CEO, Dr. Hongxiao Zhang outlined how the Company is "creating the software that emphasizes early childhood development, with a focus on forming good study habits and time management skills." She went on to explain how "the website encourages children to think freely and independently, in stark contrast to China's traditional primary school education, which promotes groupthink and discourages independent thought."
A report released by China's Ministry of Culture indicate the market scale will reach $7.4 billion by the end of 2011; a 34.4 percent increase year-on-year. Predictions of a healthy CAGR of 20.9% over the next five years may result in industry revenues reaching $9.2 billion by 2014.About Neologic Animation Inc. (the "Company") The Company is an educational software development and marketing company; currently developing a website to be marketed as "Naniya World" for primary school students in China. The website's goal is to educate children how to develop and hone their creative skills through interactive educational games that incorporate Adobe Flash. The games incorporate a curriculum that has been developed by some of China's top professors and child psychology experts. It sets itself apart from other after school programs in China because it deviates from the traditional methods of Chinese education. The Company's mission is to inspire every child in China to become the best student they can possibly be by showing them that learning is fun. For more information about the Company please visit our website at www.neologicanimation.com Further information on the Company and its filings can be found at www.sec.gov For further information, please contact:
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV