Collaboration Agreement between Malvern International Plc and Playware Studios
Malvern International plc (AIM: MLVN), the provider of educational services in the UK, Europe and Asia, is pleased to announce it has entered into a collaboration agreement with Playware Studios Private Limited (“Playware”) whereby Malvern will be able to act as an exclusive sales and marketing partner and distributor for some of Playware’s educational related IT and technology products. In addition, pursuant to the agreement Malvern will receive IT advice which will enable Malvern to fast track some of its IT projects. In return Malvern will pay Playware a royalty on sales receipts achieved on Playware related products, the level of which will vary depending on the nature of the […]