Archive for the ‘New Economy’ Category

Virtual Academics Accepted for Listing by Standard & Poor’s

Virtual Academics.com Inc. (OTC Bulletin Board: VADC) announced that the Standard and Poor’s (“S&P”) has approved Virtual Academics for a complete corporate listing and description in Standard and Poor’s Corporation Records. Additionally, Virtual Academics will have its corporate description published in Standard and Poor’s Daily News Section. S&P also will initiate financial coverage of Virtual […]

Learning Tree Announces Preliminary Quarterly Results

Learning Tree International, Inc. (NASDAQ NM:LTRE – news) today released preliminary results for its quarter ended September 30, 2001, and disclosed that its rate of new enrollments had rebounded after the events of September 11. “During the two weeks after the attacks on the World Trade Center and the Pentagon, the disruption of our courses […]

VCampus Announces 5 New Clients and 4 Contract Renewals

VCampus (Nasdaq:VCMP – news) announces the addition of 5 clients to its diverse customer base, as well as the renewal of 4 existing customer contracts. The addition of these customers, as well as the continued retention of the existing client base, provides strong support for VCampus’ fully outsourced, content-neutral e-Learning solution. The new clients announced […]

Portal Provider Notifies Customers It Will Close by Week’s End

Mascot Network, a company that provides student-portal services to dozens of colleges, sent a surprise e-mail message to its customers on Monday: The company is going out of business and the portal service will be shut down by the end of the week.

High tech jobs make Chicago a Midwest Silicon Valley

The Chicago metropolitan area has more high-tech jobs than any other urban area in the country, including Silicon Valley and other reputed high-tech hot spots like Seattle, says a new study from the University of Minnesota.

Virtual Academics Posts Record Revenues and Earnings for Year End

VirtualAcademics.com, Inc. (OTC Bulletin Board: VADC), announced today that the Company has achieved higher earnings than projected for the year ending June 30, 2001. Steven M. Bettinger, CEO of VADC, said today, “For Fiscal 2001, we had a 128.7% increase in earned revenues to $2,632,037 from $1,150,664 for the fiscal year ended June 30, 2000. […]

VCampus Reorganization

VCampus Corporation announced today that its Chief Financial Officer, Michael A. Schwien, will be leaving VCampus on November 1, 2001, to pursue other business interests. In noting the departure, Daniel Neal, President and CEO of VCampus said, “Mike has been a big contributor to the growth and success of VCampus. Though we will miss his […]

Pathlore Secures $10 Million in Strategic Financing

Pathlore recently announced it secured $10 million in its first round of institutional funding from Seaport Capital. The funding will support Pathlore’s future growth plans, including sales force expansion, product enhancements and acquisition opportunities. Pathlore, a privately held company with more than 2,500 corporate customers, has profitably grown every year since its inception in 1995. […]

A crunch of gears

The tech boom did not end last year. It just noisily changed gear

Fewer students seek jobs in Internet startup field

A downtrend in America’s stock market is due to many Internet companies losing money, laying off workers and eventually filing for bankruptcy.