Mumbai-headquartered Core Project & Technologies Ltd (CORE) has informed that it has received a prestigious contract from Karnataka State Open University (KSOU) to implement FAIM, its Admissions and Examinations Management System Software.

FAIM is an integrated solution for the administration of courses, examinations and assessment, including both vocational and academic structures.

FAIM is Core's flagship product, presently being used successfully in eight African countries, three Caribbean countries and more than 25 institutions in the UK.

KSOU is a pioneer in the sphere of distance education in India, which caters to the training & development needs of over 60,000 students across the country in diverse disciplines of Arts, Science, Commerce, Business Administration, Information Technology, Journalism etc.

The University has more than 100 programs which are delivered through 250 study centers across the country.

CORE Projects provides end-to-end solutions in the education domain worldwide. Presently, the company holds market cap worth Rs 2270 crore and its scrip closed on Friday at Rs 274, down 4% compared to its previous close of Rs 285.