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Business Simulations Company Leverages Alliance with SMGTS to Meet Growing Demand
Philadelphia, PA, August 9, 2006 - Strategic Management Group, Inc. (SMG), the world leader in developing and implementing scenario and numerical business simulations that support change management and improved profitability, has expanded its presence in the growing Chinese market by signing a Global Premium Partner Agreement with SMG Training Systems, Ltd, Pte (SMGTS) and its affiliate SMG Consulting Pte Ltd located in China. The signed agreement extends a partner arrangement which began in 1996. Corporations located in Singapore, Malaysia, the People’s Republic of China, Taiwan, India, Indonesia, Thailand, Vietnam, Hong Kong, and Macau and locally-based professionals can benefit from SMG training courses, delivered by top trainers, in Singapore, Thailand, Beijing and Shanghai.
The contract with SMGTS is one of several recently signed agreements delivering strong international distribution partnerships for SMG since the company was purchased by BTS USA, Inc. in February 2005. SMG now can distribute its premier simulations for business acumen, leadership, project management, and sales with local trainers, in the local language and in local currency.
“We’re proud to renew our affiliation with an invigorated SMG, whose business simulations are unsurpassed in supporting quality learning outcomes and delivering business results to corporations across the globe,” said SMGTS’ Managing Director, Teo Jin Lee.
“This will be our tenth year working with SMGTS. They have a strong reputation in the markets they serve as being the quality leader. We’ve been extremely pleased with the results to date,” said Rommin Adl, president and CEO, SMG. “With the Asia-Pacific market booming, our scenario and numerical business simulations will continue to be in great demand.”
About SMG Training Systems
SMG Training Systems (S) Pte Ltd has been established in Singapore since 1996 with the vision of helping organizations bring out the best in their people and leverage on their human capital. We focus on management and professional development, providing learning solutions, consultancy services, training workshops and learning products to our clients. We have been providing quality training and consultancy to many organizations in the Asia Pacific region. With an excellent track record for quality and innovation, our services have been both well received and have delivered results for our clients.
SMGTS’ combination of experienced professionals, innovative instructional design methodologies, superior customer service, and comprehensive project management provide our clients with state-of-the-art solutions that build experience and create the foundation for continuous improvement and competitive advantage.
SMGTS expanded into the Greater China market, with the establishment of SMG Consulting in January 2003 in Shanghai, China.
SMG Training Systems (S) Pte Ltd is the Global Premium Partner of SMG Inc. SMGTS is located on the web at www.smgts.biz and www.smgcsh.com in China.
About SMG, Inc.
SMG is the world leader in developing and implementing scenario and numerical business simulations that support change management and improved profitability for corporations worldwide. SMG is a fully owned subsidiary of BTS USA, Inc, operating as a stand-alone company under its own SMG, Inc. brand. SMG has provided training for over 50% of the Fortune 500 and is recognized by industry analysts as a world leader; SMG’s simulation technology and implementation processes continue to evolve with innovations that are focused on the ever-changing needs and priorities of business. SMG, Inc. is located on the web at www.smginc.com.
For further information please contact:
Jan Wiedrick-Kozlowski, Activa PR for SMG, Inc.
+1 585 392 7878, jan@activapr.com
Rommin Adl, Strategic Management Group, Inc., tel: +1 484 391 2902, www.smginc.com
Ms Teo Jin Lee, SMG Training Systems
Tel: 65-63238020 , teojl@smgts.biz
3 Lim Teck Kim Road #09-03
Singapore Technologies Building, Singapore 088934
Mr Qian Peng, SMG Consulting (Shanghai)
Tel: 86 21 64412588, qianpeng@smgts.biz
Suite 22B Jinxuan Mansion, #238 East Nandan Road, Shanghai, 200030
People's Republic China
Christian Ankarcrona, BTS Investor Relations, tel: + 46 8 58 70 70 00
About BTS
BTS Group AB is an international training and consultancy company in the field of business acumen. BTS uses tailor-made business simulations to support company managers in implementing change and improving profitability. BTS trains the entire organization to analyze and to make decisions centered on the factors that promote growth and profitability. This generates increased emphasis on profitability and market focus, and supports day-to-day decision-making, which in turn leads to tangible, sustainable improvements in profits. BTS customers are often multinational companies. In 2004, BTS generated revenues of SEK 206 million and prior to the acquisition had 107 employees. BTS has been listed on the Stockholm Stock Exchange since 2001.
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