eCollege and Element K Partner to Provide Faculty with IT and Business Content
DENVER – January 15, 2003 – eCollege(SM) [Nasdaq: ECLG], a leading provider of technology and services for online higher education programs, today announced a partnership with Element K®, a leading provider of eLearning solutions for business and technology skills. The partnership provides eCollege’s customers the opportunity to incorporate Element K’s extensive information technology and business content into their online courses.
“This partnership builds on our continued commitment to provide our customers access to the most relevant resources to meet their online course and program needs,” said Oakleigh Thorne, chairman and CEO of eCollege. “Many of the online students served by our post-secondary education customers are working adults striving toward a degree that will help them secure a better job. Not only can Element K’s high quality IT and business content be directly applied to their current jobs, it can also help prepare these students for what lies ahead in the workplace.”
Program administrators and faculty using the eCollege AU+(SM) teaching platform can select content from Element K’s library of more than 800 online courses. The content can serve in several different capacities. First, the content can be incorporated as a complete package into an existing online course. Second, the content can be used as a standalone topic. Finally, the content can provide a starting point to jump-start the development of new online courses.
“Element K has over 20 years of experience in developing and delivering instructionally effective content focused on learner success. Today, we continue to focus on course content that is results-oriented, engaging, and learner-centered,” said Paul Krause, executive vice president of Element K. “We believe eCollege’s unique suite of student-centered eLearning technology and services will ideally complement our offerings.”
About Element K
Element K is a leading provider of eLearning solutions for business and technology skills serving Fortune 1000 companies, universities, government organizations and individuals. Element K has a 20-year history in computer training, and is a pioneer in courseware development and eLearning. The company launched its eLearning offering in 1996, making it the first company to offer interactive IT content on the Web. Today, Element K offers more than 800 online courses in information technology and business skills and powers a fully-hosted learning management system (LMS). The company’s integrated online learning solution features KnowledgeHub™, a next-generation, fully hosted LMS that provides a highly personalized and easy-to-manage learning environment, instructor-led courses and self-paced tutorials. Element K’s professional services include learning management consultants to assist with deployment and a participation development team to help maximize participation and return on investment.
eCollege [Nasdaq: ECLG] is a leading eLearning technology and services provider to educational markets. The Company designs, builds and supports some of the most successful, fully online degree, certificate/diploma and professional development programs in the country. eCollege’s customers include publicly-traded for-profit institutions, community colleges, public and private universities, school districts, and state departments of education. The Company was founded in 1996 and is headquartered in Denver. For more information, visit www.eCollege.com.
This release may contain forward-looking statements, as well as historical information. Forward-looking statements may involve known or unknown risks, uncertainties and other factors that may cause the company’s actual results and performance to differ materially from the company’s outlook. These factors include whether our partnership with Element K will be accepted by our customers; whether our customers will use Element K materials in their online courses; whether using Element K products will allow our customers to more efficiently create eLearning programs; and such other factors as are discussed in our most recent Form 10-K Annual Report filed with the U.S. Securities and Exchange Commission (“SEC”), which you are encouraged to review in connection with this release. We believe that these forward-looking statements are reasonable, however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release.
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