Netacademy and Xthreems signs Memorandum of Agreement. 10 March 2005 SIGNING CEREMONY BETWEEN NetAcademy & Xthreem Inc. OFFICIATED by YB Dato' Mohamed Khaled Bin Nordin Minister of Entrepreneur & Cooperative Development 3rd, Oct 2005 Sheraton Hotel, Subang Malaysia NetAcademy hooks up with Xthreem NetAcademy Research Sdn Bhd inked a three-year RM13.19 million deal to provide its product to an English-Polish company Xthreem Inc. Under the agreement, NetAcademy will provide is e-learning portalservices in interactive facilities and online library access to Xthreem members. NetAcademy has developed 1,000 online courses from certificate to PhD levels which include business,information technology and language. "We are pleased to make headway in promoting this technology abroad.This tie-up proves that local developments in this field can match the international standards", chief executive officer Wan Zulkifli Wan Omar said at the signing ceremony in Kuala Lumpur yesterday. Xthreem, a distributor and content provider firm, was founded in Poland and England three years ago and was incorporated in Malaysia over the last 18 months. Xthreem is present in eight countries worlwide and has over 12,000 registered online memebers that use its online e-learning portal. The group offers 500 Web-based courses on basic computing, desktop applications, programming, management and modules development.