Aptech signs MOU with FPT-Vietnam

Mumbai: July 5, 2007 - Indian global learning solutions giant, Aptech Ltd. (“Aptech”) signed an MOU with the leading IT Corporation - FPT of Vietnam to open 20 new IT & Multimedia training centres in Vietnam by 2008 and expect the total revenue of education business for 3 year 2007-2009 is over 30 million USD.

05/07/2007

Mr. R. Krishnan, Executive Director, Aptech Ltd., and Dr. Truong Gia Binh, CEO, FPT Corporation, who came as a member of the high-level business delegation accompanying the Vietnamese Prime Minister to India , signed the MOU .

Aptech and FPT fostered a business alliance in 1999 to impart Quality IT Education and Training to create skilled IT workforce for the Vietnam Software Industry. Starting with 2 IT Education Centres under the Aptech Computer Education (ACE) brand, the successful partnership between Aptech & FPT has scaled up the Vietnam operations to 31 Centres, offering the ACCP (Aptech Computer Certified Professional) and AMSP (ARENA Multimedia Specialist Program) curriculum.

Speaking on the occasion, Mr. R. Krishnan, Executive Director - Aptech, said “With Aptech’s cutting edge Technology Curriculum, Quality Systems and Processes and Innovative Methodology, graduates from Aptech have been engaged by IT industry in Vietnam and are performing very well. With the addition of 20 new centres, we would we able to reach IT & Multimedia education to larger number of people in Vietnam .”

Says Dr. Truong Gia Binh , CEO, FPT Corporation “The successful partnership between FPT & Aptech is producing quality Software Engineers to support Vietnam’s IT Industry, which is contributing towards Vietnam’s economy and making Vietnam emerge as an established player in the South East Asian region.”

Given the successful business relationship & the addition of 20 new IT & Multimedia centres, it is envisaged that the system-wide revenues in Vietnam should grow to USD 12 million in 2009 from USD 6 million in 2006 and total revenue for 3 years 2007-2009 is over 30 million.

Aptech Computer Education and ARENA trained 30057 students in Vietnam in the calendar year 2006.

About Aptech Ltd. :

Aptech commenced its IT education & training business in 1986 and has trained over 4.5 million students – globally. Aptech is an ISO 9001:2000 organization and the first IT training and Education company to get this certification for Education Support Services in 1993.

Aptech is successfully maintaining its leadership position through it’s various business lines which include IT, Animation & Multimedia Training (Aptech Computer Education, & Arena Animation) ; Offshore Content Development (Aptech Learning Services) ; e-learning (onlinevarsity.com), Training & Assessment Solutions for Corporates & Institutions (Aptech Training Solutions & ATTEST) Developer Training & Consultancy (Synergetics) and Aviation Training ( Avalon Aviation Academy ) .

For further information on Aptech Limited please do visit our website at www.aptech-worldwide.com

About FPT :

Established in 1988, FPT ( The Corporation for Financing and Promoting Technology), today employs over 8000 people and has offices in Vietnam , Japan and Singapore . The company has strategic partnerships with leading information and telecommunications providers all over the world, and today enjoys the position of being one of Vietnam ’s top leading ICT solutions providers. FPT currently is operating in several domains including Information Systems, Communications, Distribution, Software, Mobile and Education and Training business.

FPT is the first IT organization in Vietnam to be certified with ISO 9001. Subsequently it has obtained the CMM Level 5.

For further information on FPT please do visit www.fpt.com.vn