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Vcampus Corp., a provider of Web-based e-learning solutions, today announced it has completed a $2.2 million private equity placement through the sale of 2,188,919 shares of common stock, together with warrants to purchase 547,230 shares of common stock at $1.792 per share.
FRAMINGHAM, Mass. — The slowing economy is putting a charge into the demand for IT education and training. According to IDC, worldwide IT training revenue will increase at a compound annual growth rate (CAGR) of 13%, from $22 billion in 2000 to nearly $41 billion in 2005. Growth will vary greatly by region. “It might […]
In early 1997, the Minneapolis Public Library began giving its patrons unfettered and unlimited access to the Internet. The librarys First Amendment-inspired policy was intended to provide a needed service to the community. But Wendy Adamson, a reference desk librarian at the library’s central branch, said it effectively made her working life a nightmare, and […]
STUDENTS who visit computer-training centre can be broadly divided into three categories. The first category is of keen learners that comprise 25 per cent of the crowd and want to acquire jobs on its basis. The second 45 per cent bulk category of the learners are the ones who want to learn computers to enhance […]
Sen. Thad Cochran (R-Miss.) and officials from the PBS Ready to Learn Service, WGBH Boston and Mississippi ETV today announced a distinctive year-long project using the Emmy Award-winning PBS Kids program BETWEEN THE LIONS and a variety of related resources and workshops to boost literacy in Indianola, Miss. and the Mississippi Band of Choctaw Indians […]
DESPITE THE RECENT disintegration of premier speech technology company, Lernout & Hauspie (L&H), the technology that it helped pioneer continues to move forward off the desktop PC — which put L&H on the map — and onto mobile devices.
Kelvin Mazara, a seventh grader at the Edison School in Union City, N.J., could not have appeared more engrossed in the morning’s assignment. He and his classmates had been asked to assemble a report about a play they had just read, “A Raisin in the Sun” by Lorraine Hansberry, and Kelvin’s teacher was reviewing the […]
Arel Learning Solutions Inc, a fully owned subsidiary of Arel Communications and Software, Ltd, the world’s leading provider of corporate training solutions, today announcedthat Deborah Gross has joined as the Vice President of Business Development for its Public Sector Division. She will be responsible for both sales and project management for key clients. Gross has […]
As expected, PSINet and 24 of its U.S. subsidiaries have filed for Chapter 11 bankruptcy protection. Its operating subsidiaries in Asia, Europe and Latin America are unaffected.