*

Hitt og þetta 20. apríl 2006

Edvantage renews contract with Det Norske Veritas

Nordic Business Report-April 20, 2006-Edvantage renews contract with Det Norske Veritas
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Norwegian venture capital company Northzone Ventures said on Thursday (20 April) that the Norwegian e-learning provider Edvantage had renewed a two-year e-learning deal with the classification organisation Det Norske Veritas (DNV).

DNV has been using e-learning for the last two years as part of the organisation's efforts to effectively train its employees around the world.

The use and acceptance of e-learning has increased dramatically over the last six months and therefore DNV is renewing its e-learning contract with Edvantage.

The contract was valued at NOK1.3m.

One Norwegian krone (NOK) is worth approximately 0.08 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))