IT Partnerships: New Horizons Renews India Agreements
June 21, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — New Horizons (OTC: NWRZ), an IT training company, said it has renewed agreements with its India partner New Horizons India Ltd., to continue its exclusive arrangement for an additional seven-year period through 2016.
The U.S.-based franchisor began its arrangement, which is a joint venture governed by an exclusive franchise agreement for India, in 2002. Since then, Delhi-based New Horizons India has grown into an IT training firm that operates more than 20 locations nationwide.
Pennsylvania-based New Horizons operates more than 300 centers in 70 countries.
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