eCollege(R) Announces Record First Quarter Revenue of $23.8 Million

May 11, 2005

CHICAGO, May 10 /PRNewswire-FirstCall/ — eCollege(R) (Nasdaq: ECLG), a leading provider of value-added information services to the post-secondary education industry, today announced it achieved record revenue of $23.8 million for the quarter ended March 31, 2005, up 21 percent from $19.6 million for the first quarter of 2004.

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