DMC International to appoint Ballistic Learning as its technology partner

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Updated: 21/10/2009 | 12:00 AM IST

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Wednesday, October 21, 2009 (New Delhi)

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For its educational division

DMC International has announced that the Management has decided to appoint Ballistic Learning established in 2003, and one of the prominent e-learning solutions and services providers in India as its Technology partner for its Educational Division. Ballistic Learning is India's Moodle partner. Ballistic has executed many prestigious e-learning projects in India and abroad.

Ballistic Learning will provide DMC Learning Management System, Content Management System, integra of e-tutoring system, E-Learning content development advisory, E-Learning advisory 6. Payment Gateway(E-Commerce), Managed hosting and Support and Maintenance to cater to its target audiences in India and overseas.

The Company also decided to acquire 20% to 30% equity in Ballislic Learning as strategic investor in e-learning Technology Company. For this purpose, N. Kumar Jain & Associates, Chartered Accountants have been appointed as Valuers for valuation of shares and due diligence.

The company made this announcement during the trading hours today, 21 october 2009.