VANCOUVER, May 22 /PRNewswire/
- NTS Computer Systems Ltd. (TSE: "NTS"), a leading provider of high-quality, technology-based education solutions, announced today its intent to change the Company name to Brainium Technologies Inc. This follows the completion of the acquisition of Brainium.com by NTS, as announced on February 5 2001.
Don Morris, NTS' President stated, "We are entering into a new era at NTS. Aligning the Company's name with one of our core product brands enables us to deliver a clear and consistent message to the marketplace and the investment community about our new strengths and product strategies. We now offer much more powerful learning experiences through the integration of online curriculum with robust, embedded, student friendly portable computers and enhanced user services such as web based lesson plans, all in a wireless environment. The Brainium name enjoys strong brand recognition in the North American education market and we wish to take full advantage of this branding to increase our market presence."
"The Brainium brand was founded on innovation, dedication to students and excellence in learning. By retaining 'Brainium' as part of the new name, we can immediately capitalize on the investment made to develop this brand awareness" said Dr. David Vogt, NTS' Vice President, Business Development.
The name change is subject to shareholder approval at NTS' Annual General Meeting scheduled for June 12, 2001 and regulatory approval. The TSE has conditionally approved the name change. A further press release and TSE Notice will announce the details of the timing of the name and trading symbol change.
About NTS
NTS Computer Systems Ltd. delivers award-winning Internet-based learning solutions for use in classrooms and homes throughout North America and the United Kingdom. Winner of the BETT 2000 ICT Hardware award for Primary Schools (K-7), the Company provides affordable, portable computers to facilitate 24/7 learning opportunities under the brand names DreamWriter(R) and DreamMax(TM). Science Brainium(TM) is NTS' content-rich, engaging on-line science curriculum for K-8 students and teachers. For more information, visit http://www.dreamwriter.com/.

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