SANAKO and S.C. SIVECO Romania S.A. cooperate in Global Educational Sector

SANAKO and S.C. SIVECO Romania S.A. have signed a strategic business partnership agreement.Both companies will work together to promote and distribute their products to common educational customers worldwide.

SIVECO’s learning content (digital K-12 multimedia interactive content for Math and Science) will now be available from the SANAKO global channel partner network or directly from its online web shop, making it easily accessible for all customers worldwide.

SIVECO’s world class solutions and digital content strengthens and enhances SANAKO offering, providing significant customer benefits and giving SANAKO solutions a major competitive advantage.

In turn, SANAKO’s state-of-the-art educational software and live language learning solutions will complement SIVECO’s total offering.

Both parties expect the strategic partnership to yield significant revenue, sales and marketing benefits.

Developing 21st Century Learning Experiences

Building on their extensive expertise in serving the educational sector, SANAKO and SIVECO Romania will collaborate to provide innovative solutions that improve managed internet-era learning outcomes in the classroom, as well as across campuses and school districts.

Both parties aim to provide customers with complete integrated teaching solutions that include modern learning technology, relevant content and localized customer-oriented services.

SANAKO Executive Vice President Juha Merinen said the strategic partnership with SIVECO – a key player in creating world class digital educational content – will bring teaching into the rapidly evolving era of 21st century learning. “Our goal is to co-operate only with the best quality partners worldwide to provide value-added solutions and services for our customers. We are delighted to announce this long-term strategic partnership with SIVECO, which we believe heralds a new era of best-in-class solutions for educators and students globally.”

SIVECO Vice President Florin Ilia added, “SIVECO has been devoted to creating top line digital learning content for a long time. Now we are closely cooperating with the world’s leading educational solutions provider, SANAKO. I am convinced that this strategic partnership will bring greater benefits to our customers and that it will allow both parties to build on their successes in the global learning market.”

S.C. SIVECO Romania S.A.

Founded at the beginning of 1992, SIVECO Romania is the most important software house from Romania, exporting software products to countries within the European Community, Middle Orient and CSI area. SIVECO Romania’s shareholders include Intel Capital, Polish Enterprise Fund V (Investment fund administrated by Enterprise Investors), and SIVECO Netherlands B.V.

Addressing large and medium companies and the public sector, the company provides efficient EAS solutions, Document Management, Business Intelligence, eLearning, eHealth, eAgriculture, eCustoms and eBusiness solutions, both nationally and internationally. SIVECO Romania has also specialized in developing large and complex IT projects.

SIVECO Romania is the first Romanian company to receive First Prize at the “IT World Championship” (WSIS), receiving numerous nominalizations to the ICT Prizes contest, annually organized by the European Council of Applied Sciences, Technologies and Engineering (EURO – CASE). Its projects in the educational field received “Best Practice” appraisal from the European Commission and “Honorable Mention” at eEurope Awards for eGovernment, being also recommended among the most important achievements in project management worldwide by the International Project Management Association (IPMA). Recently, SIVECO’s involvement in the project for introducing IT into the Romanian educational system was awarded with the European IT excellence Award 2008.

More information about the company and its products are available on www.siveco.ro andhttp://www.advancedelearning.com .