Lahore: University of Engineering and Technology (UET) Lahore signed a Memorandum of Understanding (MoU) with TechnoSoft Solutions to share relationships and experiences between industry and educational institutions.

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Under the agreement, UET will exchange up-to-date information, experiences, and research, while TechnoSoft will per annum, hire two UET teams, each consisting of five students. TechnoSoft will provide a monthly stipend of Rs 20,000 per team member to the Department of Computer Science after the probation period of three months.

Vice-Chancellor UET, Prof. Dr Syed Mansoor Sarwar said that such industrial linkages would go a long way in producing industry-ready graduates and greatly help in-country march to become a force to reckon with on the map of IT industry of the world. The TechnoSoft team will also directly pay additional bonuses and other benefits to the members. Vice-Chancellor UET and CEO TechnoSoft Solutions Mr Anis UR Rehman Siddiqi signed the documents.