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Wednesday February 16, 8:30 am Eastern Time
Company Press Release
Salient Cybertech Discloses International Retail Distribution Agreements
SARASOTA, Fla. & CALGARY, AB, Canada--(BUSINESS WIRE)-- Feb. 16, 2000--
Consumers Worldwide ''getWise'' with Courseware Powered by
Gemini Learning Systems
Salient Cybertech, Inc. (OTC BB: SLEL - news) and its subsidiary Gemini Learning Systems, Inc. (Gemini), developers of adaptive learning technologies, today disclosed the global retail distribution of its courseware technology through its UK partner, GST Technology Limited (GST).
The expansion into the international retail market follows the successful Q4 launch of GST's ''getWise'' brand of training programs, which is based on innovative content and technology developed by Gemini, whose computer based training programs offer users a uniquely personalized learning experience.
The ''getWise'' software line, which includes training courses for Microsoft's (NASDAQ:MSFT - news) Office 2000 and '97 suites, made its entry into retail--and Internet--distribution, through Dixon's and PC World, the UK's largest home computing chain, during the last quarter of 1999. On the heels of the launch, GST has now signed with WH Smith, the well-known UK-based bookseller, as well as other retail distributors in the U.S., Australia, Scandinavia, Holland and South Africa.
Jeff Fenton, CEO of GST explained, ''We believe there is a huge opportunity for both the international home and OEM markets for these high quality, affordable, CD-ROM-based courses, and we are very confident in our ability to reach them.''
Gemini President and CEO Kim Adolphe was extremely pleased with the launch of the ''getWise'' product line. ''GST's successful promotion of the ''getWise'' brand puts Gemini's revolutionary and personalized technology in the hands of a worldwide audience. We strongly support GST, and commit to our mutual success with newer products and even more innovative technology in the future.''
About Salient Cybertech, Inc.
Salient Cybertech's mission is to leverage existing and emerging technologies to enhance corporate and professional technical training. Toward this end Salient acquired Gemini Learning Systems in October 1999. Salient trades on the OTC BB (Symbol SLEL). Investor relations information can be found on the web at: www.salientcyber.com
About GST Technology Limited
GST, a worldwide provider of desktop publishing and graphics software technology, was founded in 1979. The company is best known as the developer of the innovative Timeworks Publisher. GST has produced and licensed over 200 variants of its main line software for prestigious international clients including Canon and Fuji. Company information can be found at www.gst.co.uk
About Gemini Learning Systems
Established in 1990, Gemini Learning Systems develops adaptive learning technology for the distance education and computer-based-training industry. Gemini's SGML/XML Adaptive Learning Environment and Learning Manager deliver highly interactive, personalized courses over the Internet, within corporate Intranets and on CD-ROM. Gemini's worldwide clients include government agencies, corporations and educational institutions. Gemini is a wholly owned subsidiary of Salient Cybertech, Inc. Gemini can be found on the Web at www.gemini.com.
Forward Looking Statements: This news release contains certain ''forward-looking'' statements within the meaning of the Private Securities Litigation Reform Act of 1995, which provides a new ''safe harbor'' for these types of statements. To the extent statements in this news release involve, without limitation, product development and introduction plans, the Company's expectations for growth, estimates of future revenues, expenses, profits, cash flow, balance sheet items, sell-through or backlog, forecasts of demand or market trends for the Company's product categories and for the industries in which the Company operates, or any other guidance on future periods, these statements are forward-looking statements. The Company assumes no obligation to update forward-looking statements.
All trademarks, trade names, service marks and logos referenced herein belong to their respective companies.
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Contact:
Salient Cybertech, Inc.
Paul Sloan, President and CEO
Email: ceo@salientcyber.com
Telephone: 941-349-6583 |
