eCollege(SM) Executives Purchase Company Shares

February 28, 2001

DENVER, Colorado — eCollege(SM) (Nasdaq: ECLG – news) today announced that it is filing Form 4s with the Securities and Exchange Commission disclosing that three members of its executive committee, Oakleigh Thorne, chairman and CEO; Charles Schneider, president and chief operating officer; and Douglas Kelsall, executive vice president and chief financial officer, purchased 66,500 shares in the open market.

About eCollege

eCollege (Nasdaq: ECLG – news) is an eLearning software and services provider. Comprised of educators and technologists, eCollege partners with colleges, universities, schools and corporations to design, build and support high quality learning communities. eCollege’s Educational Partners include such institutions as National University; Seton Hall University; University of Colorado; DeVry University, Inc.; Kentucky Virtual High School; and Microsoft Faculty Center. The company was founded in 1996 and is headquartered in Denver. For more information, visit

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