Bulle & Baer Research: Educational India Bets on Smartlinx's E-Learning Software

UNION CITY, New Jersey, May 19, 2010 /PRNewswire-FirstCall/ -- Experts from Bulle & Baer Research recommend speculative medium- and long-term oriented investors buy into shares of India's leading E-Learning Service Provider Smartlinx Inc.

(OTCBB: SMLK.OB / WKN: A0YBZP) located in Union City / USA.

As from May, Smartlinx's E-Learning Client "Live Tutor" will be intensively marketed to currently 6 million broadband subscribers of strategic partner and telecom giant BSNL for the first time.

The company's objective is breaking into India's 6 billion USD tutoring market and become an aggressive price leader in the online-tutoring segment. In a market with annual growth of 15% and with broadband access rising by a staggering 48% annually as well, the "Live Tutor" brand shall be expanded into the "Ebay for Education". The company is targeting a turnover of 136 million USD with an EBIDTA-margin of 40% by 2015.

For financing aggressive, price-lead growth, the company is offering 5 million shares @ 0,40 USD in the international marketplace. Each share includes a free option for buying another share @ a base price of 0,50 USD.

A tutor campaign started in march has already resulted into 1,500 registered tutors after 30 days. The cross-media consumer campaign (starting in may) will kick off targeting Indian pupils, followed by national students and working professionals and finally targeting international students.

In the future anyone will be able to tailor his own individual online-timetable choosing from a wide range of subjects - for just 2,67 USD an hour.

In the face of 1.5 million Indian schools and universities, as well as 250 million students, E-Learning providers in India are facing exceptional growth prospects.

Because the "Live Tutor E-Learning Environment" locks perfectly into market needs - offering pupils, teachers, students, households and the overall economy multiple benefits - we are expecting a successful growth story.

Because of this perception we also expect the completion of the Smartlinx-share offer, accompanied by a constantly favourable newsflow for Smartlinx shareholders.

Bulle & Baer Research recommends speculatively oriented investors buy into Smartlinx shares until the 0.50 Euro price level.

Click here for a free download of the complete company study

http://www.bb-research.com/Bulle_Baer_1006_Smartlinx_en.pdf

About Bulle & Baer Research:

The team of Bulle & Baer Research, based in London / UK has many years' experience with exposure in listed small caps. The analysts and authors are professionals and can assess the potential of a company founded and identify the risk factors. Depending on the sector and theme can be used by specialists for the studies to a portfolio.

About Smartlinx:

Smartlinx has partnered with Bharat Sanchar Nigam Limited (BSNL), the largest telecom company in India, to provide video-based learning using Voice and Video Over Broadband (VVOBB) to students in India and abroad under the brand/service name Live Tutor. Live Tutor is made available as a value added service of BSNL broadband.

Smartlinx Inc. shares are quoted in the United States on the OTC Bulletin Board (OTCBB: SMLK)

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    Smartlinx Inc.
    1400 Kennedy Blvd.,
    Union City, NJ 07087,
    USA
    Phone: +1-201-751-0602
    Fax: +1-732-453-0026
    E-Mail: [email protected]

    Internet: http://www.smartlinxinc.com

SOURCE SmartLinx Inc