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Eleutian Technology of Ten Sleep, Wyoming wins funding, may add jobs

A newly formed joint venture between a Ten Sleep company and two South Korean firms could mean more than 100 new jobs in Powell and additional jobs in other communities around the Bighorn Basin.

Eleutian Technology http://www.eleutian.com/ employs more than 150 certified teachers in Wyoming for conversational English instruction using high-speed video teleconferencing with students in South Korea.

The company announced Thursday that it has received $1.5 million in venture capital from Skylake Incuvest, a South Korean investment fund specializing in the technology sector.

By RUFFIN PREVOST
Gazette Wyoming Bureau

Full Story: http://www.billingsgazette.net/articles/2008/05/09/news/wyoming/21-tensleeps.txt

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