The International News Magazine is reporting the Nickelodeon International news in the following article that Literacy Planet, an online learning resource based in Australia's Gold Coast which offers an interactive and fun learning program to assist in childhood literacy development, has announced a partnership with Nickelodeon UK and Nickelodeon Australia:
Gold Coast company taps into Asian marketBrisbane 30 May 2013. A small Gold Coast company is taking online English language skills to more than 65,000 students across the globe after securing several Asian distribution deals.
Minister for Science, Information Technology, Innovation and the Arts Ian Walker said Literacy Planet was a real Queensland success story.
“It’s amazing to think the work of a start-up company based at Varsity Lakes is now being used by students around the world,” Mr Walker said.
“A lot of companies struggle to find investment dollars, but Literacy Planet founder and Executive Director Shane Davis along with CEO Chris Roberts, have raised more than $5 million in private equity through Ellerston Capital and MAP Capital Advisors.
“That is a remarkable achievement and shows what can be achieved when you innovate.”
Literacy Planet provides an online education application teaching English literacy to primary school children, including about 20,000 students in Queensland.
Mr Walker said the company had also recently announced it had struck a deal with FrogAsia, a virtual learning environment used by all Malaysian government schools.
“Through a partnership with MAP Capital Advisors, the company is also distributing its package into government schools in the Philippines,” he said.
Literacy Planet founder Shane Davis said the company hoped to expand even further in the future, after entering into a partnership with Nickelodeon UK and Australia.
“This will open up significant opportunities in Britain. We are also exploring the Chinese market,” Mr Davis said.
