Reposting to make it more readable:
Thursday April 16, 8:29 am Eastern Time
Company Press Release
SOURCE: UOL Publishing, Inc.
UOL Publishing and Newbridge Networks Form Strategic Partnership
Alliance To Distribute UOL's Web-Based Training Courses to Newbridge Networks Employees and Channel Partners
McLEAN, Va., April 16 /PRNewswire/ -- UOL Publishing, Inc., (Nasdaq: UOLP - news), a publisher of interactive and on-demand Web-based courseware for the corporate training and education market, and Newbridge Networks (NYSE: NN - news; TSE: NNC. - news), a leading global supplier of networking solutions and services, today announced a collaborative agreement to distribute UOL's online courseware content to Newbridge Networks employees and channel partners over the Internet.
As part of the agreement, UOL Publishing developed and launched the Newbridge(R) VCampus(TM), an online interactive system of education for delivery over the Internet and corporate intranets. The Newbridge VCampus, which was launched earlier this month, offers a wide range of telecommunication courses from UOL's extensive content library to Newbridge employees. Newbridge expects to provide additional UOL training courseware through the Newbridge VCampus over the next several months. Newbridge Networks has 6,000 employees on five continents.
Carl Tyson, President and Chief Operating Officer of UOL Publishing commented, ''We are delighted to have the opportunity to partner with Newbridge Networks, a leading Fortune 500 organization that recognizes the benefit of delivering ongoing education and training to their employees. Importantly, our efforts will provide Newbridge employees the ability to access high-quality market-tested courseware in a cost effective manner without regard to geographic location.''
''The VCampus enables us to leverage one of the key strengths of the World Wide Web -- the ability to deliver information in the form of electronic courseware -- anytime, anywhere,'' said Mike Smith, Director of Technical Training for North and South America, Newbridge Networks. ''We have a worldwide client base that needs on-demand access to a wide variety of training material and information. We believe that the VCampus is the delivery vehicle that best suits our customers' needs for product and technology information.''
As evidenced by this strategic agreement, large corporations continue to select UOL Publishing to provide their employees with high quality, interactive, Web-based courseware. Other agreements with corporations announced include: Autodesk, Graybar Electric Company, Global One, MetLife, Lucent Technologies and Wescott Communications, among others.
Newbridge Networks (NYSE: NN - news; TSE: NNC. - news) designs, manufactures, markets and services networking solutions to organizations in more than 100 countries. Newbridge leverages its relationship with 15 Affiliate companies, and strategic alliances with Siemens and 3Com Corporation to deliver seamless, end-to-end solutions. Newbridge customers include the world's 250 largest telecommunications service providers and more than 10,000 corporations, government organizations, and other institutions. Founded in 1996, the company employs more than 6,000 people on five continents. News and information are available at www.newbridge.com.
UOL Publishing is a publisher of high quality, interactive and on-demand courseware for the corporate training and education markets. UOL offers its courseware through the World Wide Web on its proprietary VCampus, an online courseware delivery system and environment that facilitates development, management and administration of training and education over the Internet and corporate intranets. UOL also offers its courseware through more traditional media, including on-site and classroom training, diskettes, CD ROM and printed formats.
With the exception of the historical information contained in the release, the matters described herein contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements involve a number of risks and uncertainties including but not limited to economic, competitive, governmental and technological factors outside the control of the Company. For more information regarding these risks and uncertainties see the Company's Registration Statement on Form S-1 and other SEC filings, copies of which are available upon request from the Company. |
