EduLink, Inc. Appoints New Chief Executive Officer
SANTA MONICA, Calif., Jun 4, 2003 /PRNewswire-FirstCall via COMTEX/ -- EduLink,
Inc. (OTC Bulletin Board: MYIQ) announced today that its Board of Directors has
appointed Mr. Charles Guy III as its new Chief Executive Officer, replacing
Michael Rosenfeld who shall remain as Co-Chairman of the Board of Directors and
Executive Vice President of Business Development. Mr. Guy, while serving EduLink
in a consulting capacity, has led the Company's effort to refine and develop a
more focused approach for applying its core technologies. This new focus is
intended to give prospective customers a simplified and practical description of
the immediate functional and the long- term financial benefits that can be
realized upon implementing this unique core technology, a focus that was
designed to facilitate EduLink's intended evolution from a development stage
company to a fully operational and revenue producing enterprise. This refinement
has led to an initial product line redefinition based upon EduLink's core
technologies now to be branded as its Knowledge Sharing System. The initial
product line will include the Library, the Book Depository, and the Learning
Resource Editor. The initial market for these products will be the K-20
education arena. Additional specialized markets will be developed in the near
term.
Mr. Guy has positioned EduLink with opportunities to participate in a number of
national pilots for the purpose of demonstrating the viability of the Company's
product line, and its revenue-sharing and revenue-producing models. Moreover,
Mr. Guy's involvement with such non-profit research and development
organizations as the US Open eLearning Consortium and JES & Company has provided
EduLink with the opportunity to implement its core technology as an integral
component in the national and international movement to develop common standards
for interoperability of all educational software and learning resources.
Michael Rosenfeld, former CEO and current Co-Chairman of EduLink, stated: "We
are very fortunate to have attracted a man as versatile, creative and
knowledgeable as Charlie Guy. He understands what large communities within the
K-12 education sector require in terms of using technology in the classroom and
the home. He has developed unique and trusting relationships with state and
local leaders who are searching for a technology system which can be implemented
in a constructive and secure manner to manage vast digital educational resources
for the benefit of the student, teacher, administrator and parent. We believe
that his new capacity as CEO of EduLink will facilitate the full use of Mr.
Guy's managerial skills as well as his vast network within the international
education marketplace. I had always contemplated stepping down as CEO of EduLink
once we found an individual who had the intelligence, knowledge, strength,
determination and leadership qualities that could facilitate EduLink's move to
the next level, meaning from a development stage company to a operational and
revenue producing enterprise. We believe that Mr. Guy is that individual."
Mr. Guy, in appraising his new opportunity stated: "I feel truly blessed in
being granted this new opportunity at such a key moment in time facing the
American, as well as the international, educational system. We believe that our
technological solutions will greatly assist state departments of education and
school districts to better meet the challenges and opportunities created by
President Bush's No Child Left Behind education initiatives. Our revised and
unique business model, which focuses on deploying our technology while making
our potential customers true business partners has been well, received in these
financially challenging times."
Science Applications International Corporation (SAIC) the nation's largest
employee-owned research and engineering company, has been the system integrator
and technology developer working with EduLink for more than 3 years. "SAIC has
had a beneficial relationship with EduLink providing our systems integration and
technology services," said Steve Rizzi, SAIC corporate vice president. "We look
forward to working with Charlie Guy in his new role as CEO, and continuing to
provide offerings to meet the increasing demands of technology in the education
sector."
About Mr. Guy: Mr. Guy attended Duke University on a football scholarship,
receiving his B.A. degree. He received his master's degree in education from the
University of North Carolina at Chapel Hill while teaching first grade. Over the
last twenty years, Mr. Guy specialized in developing and managing both national
and regional marketing systems utilizing affinity group strategies with
non-profit organizations including professional and trade associations for
delivery of financial products and services. He assisted in the community
process that led to a Federal Enterprise Zone designation for the City of Tampa.
This community involvement created a rekindled interest in youth and education
issues. He had worked with numerous companies in the education sector, including
serving as Florida Regional Manager for one of the industry leaders in marketing
of 1-1-elearning systems to large school districts and alliances of school
districts.
About EduLink: EduLink was founded with a mission to create a seamless,
integrated, and dynamic Internet-based education service that stores and
retrieves, re-purposes, and distributes vast amounts of different types of
digital assets, such as text, pictures, audio and video files, which can then be
utilized as learning resources for either educational or business purposes.
EduLink's initial and primary goals are to help children learn more effectively
and assist their educators in this quest.
Although paper is still a major medium of today's education and business
environment, the use of information, content, intellectual property, and
intellect in digital form is increasing exponentially. EduLink stands poised to
take advantage of this explosion of digital assets through its proprietary
Knowledge Sharing System which is based on the integration of the three core
foundations for digital asset and knowledge management: Storage & Retrieval,
Repurposing and Distribution.
The primary focus for the use of EduLink's Knowledge Sharing System is currently
the K-20 education environment. Once launched, EduLink's Knowledge Sharing
System will allow any teacher, student and family with a computer to access, on
an affordable basis, engaging multimedia learning resources that meet individual
state educational standards, with supporting student assessment, learning,
collaboration and information tools, whether created by EduLink or by others.
About EduLink
EduLink was founded to create a seamlessly integrated, dynamic Internet
educational service. The company combines quality content which meets or exceeds
applicable state standards, with an affordable service that allows every family
with a home computer to participate. Simply put, EduLink is about helping
children learn and assisting them in reaching their educational potential.
Once completed, the EduLink service will deliver to schools and homes via the
Internet a nationally recognized, standards based 3rd - 12th grade curriculum
with easy to use instructional programs and educational learning tools for
teachers, students and parents. Additionally, EduLink will support a student
assessment and a comprehensive school information management and communication
system. Additionally, EduLink will license its information management and
communication system for various applications outside of the 3-12 education
market.
CONTACT: The official EduLink Investor Relations Website: www.edu-link.com or
call Stuart Smith at 760-643-1946 or email at info@smallcapvoice.com.
This release was issued through eReleases(TM). For more information, visit
ereleases.com.
SOURCE EduLink, Inc.
CONTACT: Stuart Smith of EduLink, +1-760-643-1946,
info@smallcapvoice.com
URL: edu-link.com |
