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OpenLearning Limited (ASX:OLL)

ALERT: Price-sensitive ASX Announcement for OLL
Current share price for OLL : $0.017 -0.002 (-10.53%)+
Announcement
Release
11 May 2026 9:45AM
Price at Release
$0.019
Full Release
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Summary
OpenLearning Limited has announced a SaaS agreement with Philippine Normal University (PNU) for deploying their AI-powered learning management system (LMS). This agreement, facilitated by CE-Logic Inc., marks the first Philippine university to adopt OpenLearning's technology under the CE-Logic reseller agreement. The initial one-year contract covers 5,000 PNU students, beginning in June 2026, with the potential to expand to 12,000 students. Despite being financially modest, valued at approximately A$30,000 for the first year, the agreement is strategically important for OpenLearning to establish a stronger presence in the Philippine education sector. The LMS will support PNU's modernization plans, enhancing AI course creation, assessment, and lifelong learning capabilities.
Key Points
  • OpenLearning secures SaaS agreement with Philippine Normal University.
  • Initial one-year agreement covers 5,000 students, starting June 2026.
  • Potential to expand to all 12,000 PNU students post initial term.
  • Agreement facilitated by CE-Logic, validating their reseller strategy.
  • Agreement valued at approximately A$30,000, not financially material but strategically significant.
  • CE-Logic's large pipeline of opportunities in the Philippines.
  • PNU's role as the National Center for Teacher Education strengthens OpenLearning's position.
  • OpenLearning provides a cloud-hosted LMS with AI capabilities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.