Archived News Releases, 2004

March 26, 2004

New Euro-U.S. Platform for Polymer Training

Dracut, MA — A new partnership has been agreed between Polymer Training UK Ltd (PTL) Europe’s foremost provider of educational services for plastics and A. Routsis Associates Inc. (Routsis) the plastics industry’s premier provider of interactive training and services. PTL and Routsis have worked with each other since 1997, but this new partnership formalizes the relationship and provides greater strategic direction. The agreement will lead to both organizations expanding their portfolio of computer based training and advanced simulation software by offering the products of the other, the joint development of new computer based programs, and the distribution of PTL classroom based training systems by Routsis in the US and Asia.

“This is a very exciting development,” said Raymond Clarke, Chief Executive of PTL. ’The agreement gives PTL the opportunity to offer a far wider range of services to its existing clients, broaden its geographical markets and reduce the cost of developing state of the art learning materials through co-operation. Our target is to be a global player in what is now a global industry and this agreement is particularly important in relation to that key objective.’

In welcoming the agreement, Andy Routsis, President of A. Routsis Associates, Inc. stated “This partnership will dramatically increase the presence and exposure of Routsis in Europe and the Middle East , and provide a route to market for our highly acclaimed CD-ROM and internet based training. Most importantly, we (PTL and Routsis), will be able to provide the most complete line of commercial and educational training solutions to the ever-growing international plastics forum.”