Nokia and Pearson Form Wireless Educational Venture in China

February 1, 2010

LONDON and ESPOO, Finland, February 1 /PRNewswire-FirstCall/ — Nokia
(NYSE: NOK), the world leader in mobility, and Pearson, the world’s leading
education company, today announced the formation of a joint venture, Beijing
Mobiledu Technologies, to accelerate the growth of Mobiledu, the premier
mobile phone-delivered education service, developed by Nokia in China.

Launched in China in 2007, Mobiledu is a mobile service that provides
English-language learning materials and other educational content, from a
variety of content providers, directly to mobile phones. Customers can access
the content through an application preloaded on new Nokia handsets, or by
visiting the service’s mobile website and most other WAP portals in China.

Since its launch, Mobiledu has already attracted 20 million subscribers
in China, with 1.5 million people actively using the service each month.
Mobiledu will continue to be delivered to customers in China through a range
of channels, including Nokia’s Ovi Store.

The new joint venture company will combine the world-class expertise of
Nokia in mobile devices and services, and Pearson’s industry- leading assets
and expertise in education, to deliver a wide range of services to meet the
high demand for education in China. Headed by Angela Long, formerly head of
Mobiledu at Nokia, the Beijing-based company will begin operations

Robert Andersson, Senior Vice President and head of Corporate Alliances
and Business Development at Nokia, said:

“We are proud to have developed a service which is already highly valued.
We believe that through this partnership with Pearson, a global industry
leader in education, we can offer an exciting future for this service and its

John Fallon, Chief Executive of Pearson’s International Education
business, said:

China is the world’s largest mobile phone market and the country with
the largest number of people learning English. This is a great opportunity to
combine Pearson’s English language learning and wider educational services
with the mobile technology capabilities of Nokia to meet this demand and help
a larger number of people achieve their aspirations.”

About Nokia

Nokia is a pioneer in mobile telecommunications and the world’s leading
maker of mobile devices. Today, we are connecting people in new and different
ways – fusing advanced mobile technology with personalized services to enable
people to stay close to what matters to them. We also provide comprehensive
digital map information through NAVTEQ; and equipment, solutions and services
for communications networks through Nokia Siemens Networks.

About Pearson

Pearson (NYSE: PSO), the global leader in education and education
technology, reaches and engages today’s digital natives with effective and
personalized learning, as well as dedicated professional development for
their teachers. This commitment is demonstrated in the company’s investment
in innovative print and digital education materials for preK through
professional learning, student information systems and learning management
systems, teacher development, career certification programmes, and testing
and assessment products that set the standard for the industry. The company’s
respected brands include Scott Foresman, Prentice Hall, Addison Wesley,

Benjamin Cummings, the Stanford Achievement Test series, the Wechsler family
of assessments, SuccessNet, MyLabs, PowerSchool, SuccessMaker and many
others. Pearson’s comprehensive offerings help inform targeted instruction
and intervention so that success is within reach of every student at every
level of education. Pearson’s commitment to education for all is supported by
the global charitable giving initiatives of the Pearson Foundation. Pearson’s
other primary businesses include the Financial Times Group and the Penguin
Group. For more information, go to http://www.pearson.com.


It should be noted that certain statements herein which are not
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others develop or that we license, from claims that we have infringed third
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motivate, develop and recruit appropriately skilled employees; 21) whether,
as a result of investigations into alleged violations of law by some former
employees of Siemens AG (“Siemens”), government authorities or others take
further actions against Siemens and/or its employees that may involve and
affect the carrier-related assets and employees transferred by Siemens to
Nokia Siemens Networks, or there may be undetected additional violations that
may have occurred prior to the transfer, or violations that may have occurred
after the transfer, of such assets and employees that could result in
additional actions by government authorities; 22) any impairment of Nokia
Siemens Networks customer relationships resulting from the ongoing government
investigations involving the Siemens carrier-related operations transferred
to Nokia Siemens Networks; 23) unfavorable outcome of litigations; 24)
allegations of possible health risks from electromagnetic fields generated by
base stations and mobile devices and lawsuits related to them, regardless of
merit; as well as the risk factors specified on pages 11-28 of Nokia’s annual
report on Form 20-F for the year ended December 31, 2008 under Item 3D. “Risk
Factors.” Other unknown or unpredictable factors or underlying assumptions
subsequently proving to be incorrect could cause actual results to differ
materially from those in the forward-looking statements. Nokia does not
undertake any obligation to publicly update or revise forward-looking
statements, whether as a result of new information, future events or
otherwise, except to the extent legally required.


SOURCE Nokia Corporation

Source: newswire

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