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Salient Cybertech, Inc.
1999 Lincoln Drive
Suite 202
Sarasota , FL 34236
Phone:  (941) 953-6168

www.OTCLIVE.com

Recommended on May 28, 2001 at $0.09

Interview with Paul Sloan, CEO Salient Cybertech

Salient Cybertech Inc. is a holding company with years of experience in both electronics and computer industries. The company plans to acquire a portfolio of emerging growth and development stage companies in the Internet and electronics-related industries. Salient’s two current operating subsidiaries, Gemini Learning Systems, Inc. and Futronix, Inc., are already showing potential as prominent players in their respective industries. Salient has been growing at an exciting rate for most of 2000 and the foundation is being laid for significant company developments in the near future.

Salient Cybertech Inc. current operating subsidiaries:

Gemini Learning Systems, Inc.

www.gemini.com

In September 1999, Salient acquired Gemini, a pioneer in the creation of customized, pedagogically sound eLearning solutions that promote more effective and efficient learning. Over the past decade Gemini has acquired the depth of knowledge, expertise, and understanding that has enabled them to create unparalleled, cost-effective eLearning solutions.

Gemini has brought together the Art and Science of learning to produce a complete eLearning solution. GeMS (Gemini eLearning Management System), SWIFT, SWIFT Author, and SAGE (Sage And Guided Educator), offer everything their clients need to create, deliver, sell, manage, track, and continuously improve adaptive learning over the Internet. Their suite of products has been carefully designed to empower their clients to decrease their time to market, better satisfy their customers, solve problems, and increase return on investment.

Gemini's SWIFT is an Adaptive Learning Environment and Adaptive Testing Engine that is based on years of international research and an award-winning design. Their newest product, SAGE is an XML-based Learning Lifecycle System that leverages investments in content through its re-use for a wide range of supplementary learning resources, applications, and continuous improvement.

Gemini's eLearning solutions are targeted at organizations that create their own specialized training programs and want to evolve into eLearning at their own pace. Intent on building valuable relationships with our clients, Gemini offers solutions and expertise that allow their clients to enter the eLearning market virtually risk free with their Quick Start Program and eLearning ASP (Application Service Provider) Hosting Service. In June of 2000, RAND Worldwide became Gemini's first ASP customer. They now deliver Computer Aided Design Courses to customers worldwide in several different languages.

Gemini has offices in Canada and the United States and has established distributors and strategic partners throughout North America and Europe.

Futronix, Inc.

www.smtrus.com

In May 2000, Salient acquired Futronix, Inc., an established Electronic Contract Manufacturer (ECM) since 1989. The company provides Design and Test Development assistance in conjunction with Manufacturing Services, or can be a stand-alone operation. Futronix Inc. is experienced in all aspects of electronic manufacturing from initial design for manufacturability guidance to procurement and inventory, all the way to quality products delivered on time.

Futronix is an ISO 9002-certified consignment and turnkey ECM, with acquired assets valued at more than $4.7 million. Futronix is fast becoming a substantial competitor in this field with the help of Salient’s support and resources. Futronix’s projected revenues for fiscal 2001 are estimated between $12 to $15 million.

Recent Announcements and News:

Gemini Learning Systems, Inc. and Rand Worldwide(TM), jointly announced recently that they have signed a multi-year licensing agreement to deliver e-learning solutions to clients. RAND Worldwide is focused on providing resources and tools for engineers and becoming a world leader in offering web-based engineering services and technology. This includes providing the training to make these tools effective within multiple engineering disciplines. Gemini is a recognized pioneer in the e-learning industry, and has a strong ten-year record of successful product development and service to clients.

"There are very strong synergies here, for all sides of this equation." commented Brian Semkiw, P.Eng., RAND's Chief Executive Officer. "RAND is gaining Gemini's unquestioned expertise in e-learning; Gemini gains a significantly broader product range; and, for both of our customer bases, we are confident that this is the strongest training service offering available." In addition to providing ASP (Application Service Provider) hosting and technology infrastructure for RAND's courseware delivery requirements, Gemini will also provide consulting expertise to convert RAND's comprehensive library of instructor-led engineering courses.

The company also recently announced that its subsidiary Gemini Learning Systems Inc. has entered into a pilot project agreement with Dole Food Company, Inc., Asia Division, to deliver eLearning to Dole employees using Gemini's eLearning solution. The Dole/Gemini pilot project involves rolling out an internal Dole eLearning training program to 15,000 employees across three Dole Asia Divisions. Depending on the success of this endeavor, there may be an opportunity to expand the number of courses being offered.

According to recent filings, Nortel Networks Corp. is also delivering a proprietary course Gemini has redesigned and converted into SWIFT to approximately 120 people as part of a pilot evaluation that commenced early in the new year. If Nortel is satisfied with the evaluation, including feedback from the employee participants, Nortel plans to convert the course into eight languages and rolling out the course to its employees. Nortel Networks Corp.(NYSE: NT) is a leading global supplier of networking solutions and services, supporting voice, data, and video transmission over wireline and wireless technologies.

Gemini Learning Systems, Inc., has also announced that Dell Canada, a wholly owned subsidiary of Dell Computer Corporation has received a proprietary course Gemini has redesigned and converted into SWIFT for evaluation. Initial response from Dell's management has been positive, and Gemini is currently developing an eLearning Management System for testing and field evaluation. Gemini has been informed that Dell will purchase and sign a maintenance agreement with Gemini for delivery of the System to its management if the test results are positive. Dell Computer Corporation (NasdaqNM: DELL) is the world's largest direct sales computer systems company. Dell Sells its products and services to large corporate, government, healthcare and education customers, small to medium sized businesses and individuals.

Caliber Learning Network, Inc. has also received a proprietary course Gemini has redesigned and converted into SWIFT for evaluation. Initial response from Caliber's management has been positive, and the two companies are currently discussing various products and services offered by Caliber that could use Gemini's technologies, as well as intra-company uses that Caliber could make of the Gemini technology. Caliber Learning Network, Inc. (NasdaqNM: CLBR) produces and supports Internet-based learning and communications services to major corporations, universities, and working adults.

Summary:

Salient Cybertech Inc. (OTCBB: SLEL) is an attractive consideration to both aggressive and conservative speculative investors. At current price levels, SLEL is appealing with its significant potential in a high growth industry with a strong product line, in-process products, and a new emphasis on e-Learning. The company also has affiliations with larger entities such as Nortel Networks Corp, Dell Canada, and Caliber Learning Network Inc.

The stock has been severely beaten to its current level since its high over $9.00 last March. SLEL has been basing at its 52-week low in the range of $0.15 to $0.20 and in the past several days, has been trading heavy with five times its 3-month daily average. The stock appears to have based, under accumulation and now poised for moderate to significant price appreciation in the short term.

 

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