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Microcap & Penny Stocks : EDUV - Eduverse.com

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To: RAYS who wrote (505)5/3/2000 9:30:00 AM
From: Ron Struthers  Read Replies (1) of 515
 
Article posted on Raging Bull

Asia Pulse coverage of news....

asiapulse.com

(must be registered to read enclosure)

Tuesday, May 2 2000 - 12:50

CHINA S SCHOOLS TO ADOPT EDUVERSE.COM EDUCATIONAL SOFTWARE

BANGKOK, May 2 Asia Pulse - Canadian online English as a
Second Language publisher eduverse.com has signed an agreement
in Beijing with the China Central Educational Technology Center
(CCETC) to provide software to the country's primary and
secondary school system, a statement said.
The CCETC, responsible for introducing new technology to
benefit China's educational system, operates directly under the
Ministry of Education. Currently, China's schools have a
student population of 220 million, 10 percent of which have
access to a computer. Publicly-listed eduverse.com, whose
Asian operations are run out of Bangkok, has developed a
revenue model that allows corporations to place their
advertisements in front of select student audiences. This
system makes it easier for educational ministries and
corporations to afford online learning systems, while enabling
eduverse.com to acquire users at a cost far less than the
industry standard, the statement said.
Under the new agreement, the two groups will tailor the
software to Ministry of Education approved course curriculum
within the bounds of eduverse.com's business model, sharing the
advertising revenues generated by the project.
"This partnership will make eduverse.com one of the major
suppliers of educational software to schools in China," said
Mark E. Bruk, President and CEO of eduverse.com.
Eventually, the partnership will be extended from select
primary and secondary schools to the higher education sectors
in China, the statement said.
eduverse.com also has e-education partnerships in Thailand
and Malaysia installing the ENGLISH PRO language tutorial
software on Thailand's University Network
and
in
Malaysia's
SJK(C) Smart School Project.
ASIA PULSE
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