$60 Million to JonesKnowledge.com to Further e-Learning
Denver (August 7, 2000) – JonesKnowledge.com, a subsidiary of Jones International, Ltd., today announced that, based on its business plan, its parent is making $60 million available to further the online education efforts of JonesKnowledge.com. The funding, a portion of which has already been arranged and provided, is being used to fuel the continued growth of JonesKnowledge.com in the online learning market including the development of next generation e-learning technology and online resources for online learners.
JonesKnowledge.com concentrates on global adult education and originates ways to use emerging technologies to support educators, learning institutions, corporate workplaces and life-long learners worldwide. The company currently executes its business through its subsidiaries Jones International University ™ (JIU), The University of the Web™, which is the first fully online accredited university, and JonesKnowledge.com, a leader in the development and deployment of e-learning solutions for corporations and educational institutions worldwide, including its e-education™ software and e-global Library™ solutions.
Jones International University will benefit by using the funds to expand its courses, certificates and degree programs as well as to enhance the online “campus” experience. JonesKnowledge.com will continue to build and integrate the technologies and content to provide “one-stop shopping,” full service learning solutions-the JonesKnowledge Supply Chain-for corporations and educational institutions.
“New technologies and the power of the Internet are enabling timely and accessible learning resources that are revolutionizing the way the world learns,” says Jones International Chairman and CEO Glenn R. Jones. “JonesKnowledge.com is democratizing education through the use of technology, and extending to people the freedom to learn.”
Jones International has spent three decades extending the reach of education through technology – first by bringing education through cable television to American homes and now by fusing education with the Internet to deliver education to lifelong learners worldwide. Along the way, Mr. Jones has pioneered Internet technologies, authored several books and created more than 20 technology companies in the Internet, e-commerce, software, education, entertainment, radio and cable television programming industries.
About JonesKnowledge.com
(www.jonesknowledge.com) Since 1987, Jones International has focused on educational pursuits such as academic and student services, distance education delivery systems, online software, and higher education content development. JonesKnowledge.com concentrates on global adult education and originates ways to use emerging technologies to support educators, learning institutions, corporate workplaces and life-long learners worldwide. The company currently executes its business through its subsidiaries Jones International University ™ (JIU), the first fully online accredited university, and JonesKnowledge.com, a leader in the development and deployment of e-learning solutions for corporations and educational institutions, including its e-education™ software and e-global Library™.
About Jones International University
(www.jonesinternational.edu)
Founded in 1993 and launched online in 1995, Jones International University (JIU), The University of the Web™, is the first fully online university to receive accreditation from a nationally recognized regional accrediting agency in the United States, the North Central Association of Colleges and Schools (March 5, 1999). In addition to offering 28 certificate programs and more than 80 courses, JIU also offers bachelor’s and master’s of arts in business communication degree programs, as well as a master of business administration degree with seven areas of specialization.
