Zi Corporation recently announced that Beijing-based Oztime, its Chinese e-Learning subsidiary, has signed a major contract with China Telecom Corporation Limited to license its e-Learning products and services.
China Telecom, also based in Beijing, has 21 provincial (municipal and autonomous regional) corporations, holding 70 percent of the national trunk-line transmission network assets owned by the former China Telecom. The initial China Telecom contract represents a contract value of CNY 2.1 million (approximately US$250,000), one of the largest single contracts to date for Oztime. Included in the China Telecom project is the provision of Oztime's Amethi Learning Management System, which is enterprise software for corporate training, and systems integration.
"This is a milestone for Oztime and demonstrates that we are ranked among the best e-Learning providers in China," said Tang Zhonghua, President of Oztime. "We were selected by China Telecom, which has strict requirements for its e-Learning solutions, after rigorous evaluation of e-Learning providers through a competitive bidding process involving local and multinational companies. Other wins by Oztime include Peking University Teaching Hospital, Ericsson China and Lenovo (Legend)."