If anybody is still following MC2, it has had a very good run up in Nov/Dec and is holding most of its gains, currently 7.50.
I received the following from the company as an update.
CORPORATE PROFILE
MC2 LEARNING SYSTEMS INC. (CDNX: MCZ.A)
MISSION STATEMENT
To provide a simplified, valued and fused, collaborative platform for network
communities.
CORPORATE INFORMATION
Directors:
Charles L. Ivey
Myles M. McGovern
David G. Anderson
R. Bradley Hurtubise
Dallas Z. Kachan
Yves Desjardins-Siciliano
Corporate Data:
Market----------CDNX
Symbol--------..MCZ.A
52-week range--C$2.30 ? C$8.45
Approx. Shares O/S....17-million
Approx. Public Float...6.5-million
THE COMPANY
MC2 Learning Systems Inc. develops and sells simple, yet powerful,
collaborative solutions for online communities such as schools, universities,
professional associations and business groups worldwide.
INVESTMENT HIGHLIGHTS
- MC2 currently has 8,000 customers, 22,000 servers and over 4.5 million users
in 55 countries.
- Analysts report a 7% worldwide market share for MC2?s groupware products.
- January - 99 - MC2 joins the Dell Education Alliance as a provider of
collaborative solutions for the classroom.
- MC2's current markets are K-12, Higher Education, Distance Learning, Online
Communities.
- The company is exploring new business opportunities in the Computer &
Telephone Integration ("CTI") Sector.
- Strong Management Team:
- Sales management and marketing experience from Xerox.
- Industrial technical expertise from Nortel - Meridian System Architects.
BENEFITS OF MC2 PRODUCTS
FirstClass products (FirstClass Intranet Server and FirstClass Collaborative
Classroom) are highly valued by schools and corporations worldwide for their
cross-platform usability, multi-client login capability, ease of administration
and scalability, as well as their tight integration of superb communication
(email, Internet and Intranet), collaboration and time-management tools. These
robust features make FirstClass products very viable and cost-effective
groupware solutions.
Denmark has recently chosen FirstClass products for its school system's
collaborative environment, linking over 3 million users, including students,
teachers and parents. Rollout has commenced and the system is currently serving
over 100,000 users on a single NT platform server.
The University of Maine uses FirstClass products to create an integrated,
collaborative environment for its students and faculty. There are usually over
600 concurrent users on the same server.
Zebu, an innovative Web server program, lets students, teachers and parents
participate in thriving communities of learners. It enables educators to easily
create collaborative online projects for students in any grade, addressing any
curriculum area, and accessible from any computer using the Internet.
NASA Ames Research Center Projects from Space, and other projects, have
increased MC2's exposure to the educational marketplace.
MC2 is a member of the Dell Education Alliance, a powerful consortium of
hardware and software manufacturers delivering world-class solutions that
benefit teachers and students.
MARKET RECOGNITION
Zebu receives 1999-2000 Award of Excellence from Technology & Learning
FCCC receives 1998-1999 "Top Winner" Award of Excellence from Technology &
Learning
FCCC receives 1998-1999 Districts Choice "Top 100 Products Award" from
Curriculum Administrator
FCIS receives 1999 Blue Ribbon Award from Network World
CUSTOMER TESTIMONIALS
"FirstClass has become one of the most accepted server solutions at the
University-usability and ease of management put it at the top of our list-the
system has doubled every year for the last six years."
Sean Murphy, Emory University - 22,000 Users
"FirstClass Intranet Server is one of the most powerful training tools a
Fortune 500 company can use." Deborah Masten, Manager of HR Development,
JCPenney ? 17,000 Users
"Zebu offers the greatest flexibility because it is content free, yet it allows
the format to be there to support the sharing of information between kids and
teachers, as well as parents and outside experts. There isn't anything else
that I know of that even comes close to doing what Zebu can do." Dr. Marc
Liebman, Marysville Joint Unified School District's Superintendent and former
K-12 education consultant for IBM
Other users include:
Volusia County School District (US)
Toronto District Board of Education (Canada)
York University (Canada)
Open University (UK)
Harvard University (US)
Cupertino Union School District (US)
Houston Independent School District (US)
New York Times (US)
Washington Post (US)
Alaska Airlines (US)
Scotland Yard (UK)
Association of Professional Engineers (US)
SkoleKom (Danish National Education Network)
U-Haul (US)
NEW MARKETS
"Our focus will be on exploring the technology we have and on expanding the
services in three communities where we have a strong value proposition and
offer competitive differentiation. The strategy involves e-commerce and
educational portals in collaboration with bandwidth providers such as telcos
and cable companies and leveraging our telephony expertise with the convergence
of voice and email in the Unified Voice Messaging market."
Myles M. McGovern, President & CEO, MC2 Learning Systems Inc.
FINANCIAL HISTORY
For Year Ended September 30th 1997A 1998A 1999A
Revenue
MC2 Learning Systems Inc. $59,000 $433,000 $2.9M
MANAGEMENT
Myles McGovern, President & CEO
Brian Mitchell, CFO
David Anderson, Executive VP
Tom Kernan, CEO International
Steven Asbury, VP Engineering
Karen Tanaka, VP Marketing
Scott Drossos, VP Sales
Scott Welch, Chief Evangelist
Ann Gordon, VP HR
Natasha Sorobey, Corporate Secretary
ONLINE INVESTOR INFORMATION
MC2's Annual Reports, Quarterly Reports, Press Releases and other relevant
information are available online at: www.mc2learning.com/investors.html
CONTACT INFORMATION
Natasha A. Sorobey
MC2 Learning Systems Inc.
Toll Free: 1.888.448.4424 / Tel: 905.415.7183.
Email: natasha@mc2learning.com
Dan Patience
Noble House Investments Inc.
Toll Free: 1.800.499.2388 / Tel: 403.262.7111
Email: noblehouse@home.com
Zebu and MC2 logo are trademarks of MC2 Learning Systems Inc. FirstClass,
SoftArc, the FirstClass logos and the SoftArc logo are trademarks of SoftArc
Inc. SoftArc is a wholly owned subsidiary of MC2 Learning Systems Inc. All
other trademarks are property of their respective owners. |
