I think the latest news indicated that TUTR has made significant progress in gaining new business. CEO was very positive about the future. I hope his statements reflect the truth.
<<Aug. 5, 1997--TRO Learning announced today a series of
significant accomplishments that solidify its position as the
leading worldwide provider of computer-based training and education
products for young adult and adult learners. The company has recently
received major contracts from clients throughout the world for its
PLATO courseware products, and has established key strategic
partnerships for distribution of PLATO products and services via the
Internet. In commenting on the company's progress, Chairman of the
Board,President and CEO, William R. Roach, commented, ``Significant
sales in both our traditional and Internet markets continue to
demonstrate PLATO's superiority in the eyes of our clients. We have
worked diligently over the past several months to identify and
implement alternative distribution channels for PLATO on the Internet,
initiate and complete key product development projects, and to acquire
distribution rights for new third-party courseware to complement our
PLATO offerings.
All-in-all, we have made dramatic progress toward our strategic
long-term objectives and I am very pleased with what we have
accomplished in such a short period of time.
The company's accomplishments include:
PLATO on the Internet
TRO Learning signed a major contract with BC TEL Interactive, a
subsidiary of BC TEL of British Columbia, to distribute PLATO on the
Internet to schools and homes throughout the province. This
partnership represents the first strategic partnership between TRO
Learning and a regional telephone company to create an electronic
distribution channel for PLATO. The initial pilot was launched
during the last week in July to select consumers. The official
province-wide launch is scheduled for September 1, 1997. .....................>>
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