THE WOODLANDS, Texas, March 21, 2011 /PRNewswire/ -- Eric Ottens, CEO of Apptech Corp, announced that AppTech has signed a Letter of Intent (LOI) with SuperStar Learning Company (www.superstarlearning.com), to make a strategic investment in SuperStar Learning Company (SSLC.) The investment is all cash and will not include AppTech issuing any new stock to SSLC. "We are delighted to announce that, together with SuperStar Learning, we are committing to develop apps that will target the education markets. In some instances this will be in the form of game applications that will entertain and educate. SSLC has the resources for numerous mobile applications as part of their product line. Moreover, Apptech is exploring ways to work with SSLC in developing these mobile apps in a way that will be beneficial for both companies. This particular segment within the education community has potential for unlimited growth and SuperStar Learning is one of the world's leading pioneers in online and social media education. We look forward to developing some exciting apps that will captivate users throughout the world."
John Stippick, President of SuperStar Learning, added: "AppTech's relationships in Latin America and Brazil will enable us to accelerate an aggressive market penetration campaign outside of the United States, not only for our education apps, but also for our 21st Century social learning platforms."
About SuperStar Learning: Our current main thrust with AppTech is to develop these education intensive apps and expand our international outreach particularly with Room 21™. This is our flagship online social learning platform where all the members of the learning community (Students, Parents, Teachers, and Administrators) become engaged in the 21st century learning process.
John Stippick, added: "We are at right place at the right time. Our team just presented our technology at a conference in Palm Springs, CA. There were thousands of teachers from all across the nation in Palm Springs on Thursday and Friday for the conference called "Computer Using Educators," or "CUE" for short. Teachers are learning new technology they can use in the classroom. More than 3,000 teachers and tech experts participated and spent the day trying to create a 21st century classroom. Our company has developed and is rolling out a face-book-like website for students to learn the distinct advantages of Room 21 that takes concepts that kids are used to, like Facebook, and puts learning into it. Instead of taking kids away from what they like to do 24-hours-a-day, we're incorporating it, saying if this is where you like to play, this is a place where you can also learn. And what is often a teacher's worse nightmare - the cell phone - is now being touted as one of the best educational tools around. We have to change what we're doing to adapt to the today's student says Stippick. It's not the same student from the 60s or 70s. There is no chalkboard. The student of today is walking around with a cell phone, and this is where they want to be. And all the information in the world is already available in there. We were also very fortunate to be one of the few exhibitors to be interviewed by the local news station KESQ, ( www.kesq.com) and featured as an innovator of education with Google Education and Apple Computer. This additional visibility further enhances our exposure."
About AppTech Corp: AppTech Corp is developing mobile application market places serving emerging markets in Latin America, Brazil and the USA. AppTech is focused on multi-platform mobile apps designed to run on device operating systems such as Apple Iphone and Google's Android. In addition, through its wholly owned subsidiary, Oronoco Telecom, AppTech is working on securing agreements with top communication companies in Central America, South America and The Caribbean.
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SOURCE AppTech Corp