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Technology Stocks : Internet Capital Group Inc. (ICGE)

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To: Mohan Marette who started this subject8/20/2004 12:00:46 PM
From: bob zagorin   of 4187
 
BBBB seems to have a contract almost every day - too many to post IAE but here's one that sums up...

Blackboard Achieves Three Milestones: More than 600 Blackboard Learning System Licenses More than 1,400 Blackboard Learning System-Basic Edition licenses More than 12 Million Active Users
Tuesday August 17, 6:30 am ET

WASHINGTON, Aug. 17 /PRNewswire-FirstCall/ -- Blackboard Inc. (Nasdaq: BBBB - News) announced today that as of the end of 2003 it surpassed three milestones. Blackboard now has more than 600 Blackboard Learning System(TM) enterprise licenses and more than 1,400 Blackboard Learning System - Basic Edition(TM) licenses. Together these support more than 12 million active Blackboard® learners and educators.
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An enterprise software application for delivering education online, the Blackboard Learning System includes tools for content distribution, assessment, grade book management, communication, collaboration and analysis of learning outcomes. The Blackboard Learning System is part of the Blackboard Academic Suite(TM), a comprehensive family of integrated applications for teaching, learning and knowledge-sharing. The Blackboard Learning System - Basic Edition is a stand-alone, entry level version of the Blackboard Learning System suitable for small-scale implementations

This large community of practice, coupled with the fact that all institutions run a single code base, means that Blackboard clients benefit from the substantial experience represented in these key milestones. Institutions that run a Blackboard license are able to access the same high quality publisher course content. In addition, enterprise clients are able to access more than 100 Blackboard Building Block® extensions available in the Blackboard Building Blocks Catalog(TM). These milestones of adoption benefit both individual clients as well as the entire e-learning community.

"The size of Blackboard's install base shows the level of scalability that is built into our products," said Michael Chasen, President & CEO. "We don't just have 600 clients that have licensed our product. We have 600 live installations of our enterprise software that are being actively used on a daily basis."

Blackboard's enterprise course management solutions have been proven at hundreds of educational institutions worldwide. According to Dr. James Frazee, Associate Director, Instructional Technology Services at San Diego State University, "Scalability and integration with our student information system were key to our success with Blackboard. Our adoption rates have been outstanding. In 1999 we had only six instructors using Blackboard. Now Blackboard is used by more than 700 faculty in over 1,200 classes. We could only support that kind of growth with a scalable system that interacts with other mission-critical systems on campus. Blackboard continues to be our choice for e-learning at SDSU."
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