To: Mr Metals who wrote (7405 ) 12/29/1998 11:05:00 AM From: kbert Read Replies (1) | Respond to of 8835
This is one reason why: EDUVERSE to become the Internet's Leading Provider of English Language Training with signing of Marketing Alliance. The strategic marketing alliance is with Street Technologies, Inc., the world's leading provider of network and Internet multimedia software for continuous interactive learning. This agreement reinforces EDUVERSE's position as the premium supplier of English language instruction in the 600 billion-dollar distance education marketplace. RENO, Nev. - (BUSINESS WIRE) - December 28, 1998 - EDUVERSE(TM) Accelerated Learning Systems Inc. (OTC BB: EDUV - news), a technology-based developer, manufacturer, marketer and publisher of educational software products, today announced the signing of a strategic marketing agreement that will make its English language instruction course readily available to millions of global Internet users. The combined volume of Internet customers that Street Technologies, Inc. and its partners can deliver makes EDUVERSE the de facto standard for English language training on the Internet. "To succeed with an Internet vision today, corporations need more than just a web page and a banner ad. Corporations need an information infrastructure that can deliver their services to customers globally while accounting for their culture differences. By being able to provide information services to communities through locally known information providers we create an environment of familiarity and comfort for our users," explained Mark E. Bruk, President and CEO of EDUVERSE. "Street and its partners have local representation in over 40 countries - thus allowing us to obtain this objective. This pay-per-use service allows EDUVERSE to give the global Internet community yet another choice in English language instruction." Street Technology, Inc. represents a breakthrough in Web Based Training (WBT) with its patented StreamMaker technology that allows real time multimedia learning over a standard computer modem connected to the Internet. By deploying this technology, students around the world will be able to learn English online at any time. Street Technology, Inc., founders of the Learning University (www.learninguniversity.com), have been very successful in developing their marketing alliances with industry leaders including IBM, AOL, Bell South, CompuServe and Intuit. These companies represent the caliber of Street's partners who actively promote and resell the Learning University and its course content in over 40 countries under their own name. Under the terms of the agreement, EDUVERSE will make its award-winning English language-training course available to the Learning University and its partners. EDUVERSE, Street and the reseller will share the revenue generated by subscribers of the online English course. The completed course is expected to go live by January 18, 1999. "I am very excited to add EDUVERSE's English language instruction to our Learning University sites," said Steve Gott President and CEO of Street Technologies, Inc. "The demand for English instruction globally could make it one of our more popular courses. We have received considerable interest from our marketing partners in selling a quality English course through the Learning University." EDUVERSE OPEN HOUSE On December 30, 1998 EDUVERSE will be hosting an open house from 2 PM to 4PM with a product presentation and corporate overview at 3 PM. Everyone is invited to attend, refreshments and snacks will be served. The open house is at our Canadian development & marketing office, 2nd Floor 1235 West Pender Street, Vancouver, Canada.