Sequiam and Blackboard Announce Building Blocks Agreement
Thursday July 15, 7:35 am ET
ORLANDO, Fla., July 15 /PRNewswire-FirstCall/ -- Sequiam Corporation (OTC Bulletin Board: SQUM - News), a leading information management and software technology company specializing in Web-based application services for enterprises, print service providers and the education and travel industries and Blackboard Inc. (Nasdaq: BBBB - News) today announced a definitive agreement wherein Sequiam will interface its Print It, 123!, Scan It, 123! and Print It 101 Web-based print job submission solutions into Blackboard Transaction System(TM) via Blackboard Building Blocks.
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"We are very pleased to be working with Blackboard," said David Dobkin, President of Sequiam Software. "Blackboard has approximately 1,500 colleges and universities as clients with varying student populations. A typical major university has about 30,000 students on its campus. On average, each student produces about fifty pages per month. A student who chooses the new offering creates new revenue opportunities for both companies."
Kathy Turany, Vice President, Corporate Development of Blackboard said, "Our relationship with Sequiam further expands the interface capabilities we are able to offer all of our Blackboard Transaction System clients. As a hosted service, Sequiam's solutions set will be able to meet the growing demand from our client base for an easy-to-use, Web-based print job submission solution that bears no up-front costs."
As a result of this agreement, Sequiam will offer services that comprehensively manage the printing and document management needs for universities and school systems in a convenient and cost-effective manner. Additionally, this new interface will enable a convenient and cost-effective methodology for student printing on university campuses, with the cost of printing being automatically paid using student debit card systems.
With Print It 101, students will be able to initiate a print request from any computer with Internet access, using their university debit card to obtain services using the most appropriate printing resource at the most attractive prices. And with Print It, 123! and Scan It, 123!, faculty and staff at educational institutions will be able to easily access the institution's print shop or outsourced provider as though it were a locally connected printer, saving time and money, and improving productivity.
About Sequiam
Founded in 1999, Sequiam Corporation develops, markets, and supports a portfolio of proprietary security, biometric, Internet and print enterprise-class software and hardware products that enable users to secure, acquire, manage, personalize, and present information. Sequiam provides application service provider ("ASP") hosting of its Internet-enabled solutions, as well as consulting, application integration, and custom Web development and software development services. Sequiam's hosting facility located in Orlando FL provides processing, print, mail, archival, and Internet delivery of documents as an outsourced service.
About Blackboard, Inc.
Blackboard is a leading provider of enterprise software and services to the education industry. The Company's product line consists of five software applications bundled in two suites, the Blackboard Academic Suite(TM) and the Blackboard Commerce Suite(TM). Blackboard's clients include colleges, universities, schools and other education providers, as well as textbook publishers and student-focused merchants that serve education providers and their students. Blackboard is headquartered in Washington, D.C., with offices and staff in North America, Europe and Asia.
For further information, please contact: Investors, Michael Mason of Allen & Caron Inc., +1-212-691-8087, michaelmn@allencaron.com, for Sequiam Corporation; or Nick VandenBrekel, CEO of Sequiam Corporation, +1-407-541-0773, investor@sequiam.com. |
