A Memorandum of Understanding was signed, between St. Mary's University (SMU) and the sister companies Florida University Southeast (FUSE) and Placid Solutions and Consulting (PSC) on January 17, 2023 at St. Mary’s University.

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The objective of this Memorandum of Understanding (MOU) is to lay down the basis for running joint programs of studies, conducting research, and building institutional capacities, including training and development activities and related matters by facilitating inter-organizational linkage between the two institutions based on the principles of mutual benefit. 

 Certified trainer of Placid Solutions and Consulting, Dereje Anteneh (PhD), and Asso. Professor Wondwosen Tamirat (PhD), President of St. Mary’s University, have signed the agreement.  

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The agreement is hoped to collaboratively generate a good result. In line with this the university showed its readiness to work with Placid Solutions and Consulting on knowledge transfer, Professional and Capacity Development, Project and Program Management Support, and Integrated Information Technology Solutions.