Neologic Animation Inc. Well Positioned to Benefit from the Booming Virtual Community Gaming Industry; $5 Billion Generated in 2011
HANGZHOU, China, July 18, 2012 /PRNewswire/ - Neologic Animation Inc. (OTCBB:NANI),- (The Company), an educational software company in the People's Republic of China, is benefitting from the booming Massive Multiplayer Online Role-Playing Game (MMPORG) industry in China with its interactive afterschool training website, "Naniya World".
Designed to support a market estimated at 100 million primary school students in China, the website engages students by adapting Flash games to explain key subject matters. The website's success lies in innovatively combining learning and having fun. Designed to be interactive, the game cultivates a student's independent learning capacity as well as develops, and fosters, creative thinking and thought processes.
"The virtual, multi-player game industry generates over $5 billion in revenue in China at the moment and will only continue to flourish," said CEO Hongxiao Zhang. "The Company is set to secure its share of the market by creatively combining education with entertainment in 'Naniya World'."
The following articles provide insight into the growing MMPORG gaming
industry in China:
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:
Investor relations: Morningstar Corporate Communications
USA toll free 1(888) 603-3330 or NY local 1(646) 224-6902
Forward Looking Statements
Some information in this document constitutes forward-looking statements or statements which may be deemed or construed to be forward-looking statements, such as the closing of the share exchange agreement. The words "plan", "forecast", "anticipates", "estimate", "project", "intend", "expect", "should", "believe", and similar expressions are intended to identify forward-looking statements. These forward-looking statements involve, and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (financial or operating) or achievements to differ from the future results, performance (financial or operating) or achievements expressed or implied by such forward-looking statements. The risks, uncertainties and other factors are more fully discussed in the Company's filings with the U.S. Securities and Exchange Commission. All forward-looking statements attributable to Neologic Animation Inc., herein are expressly qualified in their entirety by the above-mentioned cautionary statement. Neologic Animation Inc., disclaims any obligation to update forward-looking statements contained in this estimate, except as may be required by law.
SOURCE Neologic Animation Inc.