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Vantage Fusion (vFusion) School Intelligence System – Fact Sheet

Statement of Initiative In the spring of 2008, Vantage purchased the source code for the K12net application from Yuce (an IS company headquartered in Turkey). The purpose of the source code purchase was for Vantage to develop a student information system that would be packaged for the US market and sold to states, districts, and/or schools across the country.

The US branding of this application is Vantage Fusion (vFusion) and internationally the application is branded as K12Net. Vantage has the exclusive rights to sell vFusion in the US market and Yuce sells the application internationally.

The contractual agreement is that Yuce would be the developers for this application and Vantage would provide level 1 customer support to customers for this application. Also, Yuce would receive 50% of each subscription fee (to be paid to Yuce monthly once the system is implemented).

Additional detail on Yuce: In addition to developing the K12Net application, Yuce owns 4 private schools (1 Kindergarten, 1 Elementary School and 2 High Schools) which follow the standard curriculum regulated by the Ministry of Education (MoE) of Turkey and they use the K12net application for their SIS and assessment systems. These schools are located together on a large campus with a total of 1500 students in attendance.

Project Contacts Yuce Contacts  Ilhami Sisnelioglu, Business Development Manager - [email protected]; [email protected]; 011 90 505 669 9258  Serkan Pekince, VP of Technology – [email protected]; [email protected]; 011 90 532-525-2195

Technical Specs: The application is build on the following platforms/technologies:  Development: Visual Studio .NET 2008  Backend Database: MS SQL Server 2008  Interface: Browsers powered with Ajax  Object/Relation Mapper: LinQ  Architecture: N-tier Architecture

Implementation Sites (International) As of May 2010:  650 schools in Turkey are using the K12Net application. This is a hosted solution  Over 1M students are in the K12Net system; with almost 500K active registered students

© 2010 Vantage Learning. 1 Vantage Confidential and Proprietary Material For Internal Use ONLY  Yuce charges what would be equivalent to $2.00-$6.00 USD as a subscription fee per student when implementing the K12Net system  When a site wants to migrate data from their old system to the K12Net application, three methods are used (depending on the condition of the current data, the amount of data to be migrated, and the data objects to be migrated): o Via using Excel templates o By using bubble forms o By creating migration tools / applications

Demo Site: The demo site of the vFusion applicaiont is hosted by Vantage. Below are the details:  http://demo.vantagefusion.com  Districts/Sub-districts on the demo site: 170  Schools on the demo site: 199  Students in the application on the demo site: almost 200,000  When there are updates to the application, they are automatically pushed from Yuce servers to the demo site on the Vantage side so that the demo site also has the most up to date features.

Sales: vFusion sales presentations are located on the network and on the resource center for reference.

Each sales person was provided with a customized flow so that they can move through the application seamlessly. They were each assigned their own school, teacher, parent and student accounts (associated with their school) so they can familiarize themselves with the vFusion application and have their own space within the application to use when they are conducting demos/sales presentations.

Reference Materials: All reference materials (overviews, training presentations, technical specs, FAQs, guides and plans, etc.) can be found on the Vantage Resource Center: http://resources.vantage.com/learning/applications/fusion.html