Distance Learning - These guys are writing the book
1,000,000 students now using this company's system!! what is a registered user worth?? read this:
thestandard.com
Just signed a deal with the government to Thailand for their E-Education Initiative. freeenglish.com
( BW)(NV-EDUVERSE.COM)(EDUV) eduverse.com Attracts One Million Unique Users to its Internet E-Education Initiative
Business Editors/High-Tech Writers
RENO, Nev.--(BUSINESS WIRE)--July 7, 1999--eduverse.com(TM), (OTC BB:EDUV), today announced its wholly owned subsidiary EDUVERSE Accelerated Learning Systems (Canada), Inc. has reached an agreement with the Ministry of University Affairs in Thailand to provide English language instruction to university and technical school students.
Implementation of EDUVERSE's e-education initiative will result in the installation of the company's ENGLISH PRO language instructional software on over 70,000 workstations currently within Thailand's University Network (UniNet).
UniNet currently supports approximately one million students in 24 public universities and 37 Information Technology campuses throughout the country. Students will spend a minimum of two 30-minute study sessions per week practicing their English pronunciation using ENGLISH PRO. Each week the ENGLISH PRO audience will view 240 million banner advertisements.
On July 15, 1999, the agreement with the Ministry of University Affairs will be signed during an official ceremony in Bangkok, Thailand. Attending the ceremony will be the Permanent Secretary of the Ministry of University Affairs of Thailand, the Canadian Ambassador to Thailand and various government dignitaries from both Canada and Thailand.
Guest speakers will include the above dignitaries and Dr. E.W. Roberts, Professor of Linguistics, Simon Fraser University, Canada. Over 150 special guests, including prominent educators, have been invited to observe the signing and participate in an eduverse.com technology workshop.
"Thailand's commitment to the progressive use of technology in their schools is recognized throughout Southeast Asia," explained Mark E. Bruk, President and CEO of eduverse.com. "Thailand's recognition and adaptation of our educational model and course curriculum is the springboard from which we will launch our e-education initiative throughout Southeast Asia."
UniNet
"We look forward to implementing our joint initiative and working with EDUVERSE to develop additional curriculum under this unique, free educational model," stated a spokesperson from the Office of Information Technology Administration for Educational Development, Ministry of University Affairs, Thailand.
Canadian Embassy
Veena Ngaocharoenchitr, Commercial Officer, Canadian Embassy, Thailand, stated, "The Government of Canada is pleased to assist another successful international joint venture between Canada and Thailand."
Enterprise Thailand Canada
Richard Meiklejohn, manager, Enterprise Thailand Canada (ETC), stated, "I was most impressed with the speed in which EDUVERSE was able to complete the launch of this initiative with the Ministry.
"It not only demonstrates that both organizations are committed to one another, but it also shows that the timing in Thailand is right for such an innovative and cutting edge project that can help Thailand enter the 21st century. ETC and the Canadian International Development Agency (Cida) are very pleased to have contributed to the success of the joint venture."
About Thailand
Thailand, with a population of over 60 million people, not only represents one of the strongest economies in Southeast Asia but is also ranked 17th in the world for gross domestic product. Advertising expenditures in the country have been growing steadily with the top 10 advertisers spending over 250 million dollars in 1996.
About eduverse.com
eduverse.com is a technology-based company focused on developing and marketing the finest in corporate sponsored Internet based education allowing anyone, anywhere to receive an education for free. The company generates advertising revenue through a unique proprietary model by embedding corporate advertisements in its free English language course at www.freeENGLISH.com.
Safe Harbor for Forward-Looking Statements: This news release contains forward-looking statements, which involve risks and uncertainties. Accordingly, no assurance can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. There are a number of important factors that could cause actual results to differ materially from those expressed in any forward-looking statements made by the company. These factors include but are not limited to: the company's success in implementing and maintaining its technology, the availability and commitment of regional advertisers that may be interested in advertising to the company's unique user base, and the degree of student satisfaction and average usage time devoted to using the company's technology within the UniNet network.
The company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements, which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
eduverse.com is based in Reno. For more information on the company, call 775/332-3325 or visit the corporate web site at www.eduverse.com or email info@eduverse.com.
--30--ml/sf* crd/sf
CONTACT: eduverse.com
Investor Relations, 604/623-4869
Toll Free, 877/623-4864
invest@eduverse.com |
