St. Louis, MO—Siboney Corporation (OTCBB:SBON—news) announced that Siboney Learning Group, its wholly owned subsidiary, has completed the purchase of the publishing assets of The Denali Project, effective May 7, 2001.
The Denali Project, based in Lansing, Michigan, has published Summit Software, a comprehensive instructional software program with over 900 integrated reading and mathematics lessons for grades 3-8 with management and reporting for teachers. After almost four years of development and testing, the product has been very well received by its early users.
Bodie Marx, President of Siboney Learning Group, stated, “We are the perfect home for The Denali Project. We believe there is room for a structured comprehensive software program in our growing portfolio of products that we can sell through our existing sales channels. Because Summit Software is written in Java, we can easily web enable it and deliver it over the Internet to our customers who are looking for web-based delivery. We also have great respect for the development and web-enabling team at Denali, led by Mike Connick, that we will maintain as an ongoing development group in Lansing. In short, we have acquired lots of under marketed content that we can sell and a team that can help us forge into the future.”
Siboney Learning Group is a fast growing publisher of educational software for schools. Its product lines include GAMCO, Orchard: Teacher’s Choice Software, Teacher Support Software and Educational Activities Software.
Contact:
Siboney Corporation, St. Louis
Bodie Marx, 314/909-1670 x110
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