Wednesday, October 21, 2009

China Education Technology Designed a New Generation of Data Collector and Sensor | Reuters


China Education Technology Designed a New Generation of Data Collector and Sensor Reuters:

"GUANGZHOU, China--(Business Wire)--
China Education Technology Inc. (OTC Bulletin Board: CEDT) ('CEDT'), a Chinese
leader in school lab experiment products, announced it had designed a new
generation of data collector and sensor, and was now applying for 4 utility
model patents, 5 design patents, 2 software copyrights. The new generation of
product is made to improve diversity and accuracy.

'Our products have always been widely recognized by clients,' said Yanbin Guo,
'I believe the new generation will also be quite welcome by the market.'

The newly developed product is specially designed to be in conformity to the new
standard of experimental classes of science courses in China and will mainly be
used by students of grade 7-12. The system uses the advanced technology of data
collection, sensor, wireless control and video image with handy appearance.
There are two secondary schools in Beijing which have the intention to adopt the
lab experiment products in the near future. And they will be fully promoted in
Beijing thereafter. This may bring $7.4 million (RMB 50 million Yuan) of sales
for CEDT with a profit of $2.2 million (RMB 15 million Yuan) in the next two
years. As the only company who`s subsidized by the State Science and Technology,
CEDT has the overwhelming leadership in the industry."