To: kbert who wrote (142 ) 2/2/1999 5:22:00 PM From: kbert Read Replies (2) | Respond to of 564
TOPFUEL, do something, nobody is reading your thread!!! Just kidding. So, I am still on EDUV: Company Press Release EDUVERSE to Immediately Capture US Market Signing Strategic Alliance to Launch a Televised Campaign Aimed at the Largest Segment of the More Than 30 Million Non-English Speaking Americans RENO, Nev.--(BUSINESS WIRE)--Feb. 2, 1999--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 marketing agreement which will make EDUVERSE's award-winning English as a Second Language (ESL) instruction software program available across America. ''The American market is receptive to innovative solutions that meet its ESL requirements and ENGLISH PRO fulfills those requirements,'' stated Mark E. Bruk President and CEO of EDUVERSE. ''With a solid direct marketing initiative, utilizing the power of TV, our market penetration and product awareness will be instant. Our initiative with EduVenture Learning Corporation will bolster awareness for EDUVERSE's products and further stimulate our North American retail sales efforts.'' ''ENGLISH PRO presents unlimited opportunity in the American market,'' stated Tim Bramwell, President of EduVenture Learning Corporation. ''The need for quality educational products, at a reasonable price, is a winning formula for success in any market. We are beginning script production for our television commercial immediately and expect to air by April.'' Under the terms of the agreement, EduVenture has an exclusive reseller license to market EDUVERSE's product line to the Hispanic community using 1-800 (direct response) and infomercial advertising in the US for the next 6 months. Commercial production, airtime buys and product fulfillment are the responsibilities of EduVenture. ABOUT EDUVENTURE LEARNING CORPORATION EduVenture Learning Corporation is a privately held company focusing on marketing and distributing best-of-breed educational software applications in North and South America. EduVenture develops and manages user-responsive traditional and non-traditional channel and strategic partnerships by promoting the best qualities of innovative, market-ready products. EduVenture management has developed a significant wealth of knowledge through promoting software products for nearly two decades in North America, South America, Europe and Asia. ABOUT EDUVERSE ACCELERATED LEARNING SYSTEMS, INC. EDUVERSE Accelerated Learning Systems, Inc. is a technology-based company focused on developing and marketing educational software products. By combining the highest quality in educational course curriculum with an advanced learning process known as Mental Mapping(TM), EDUVERSE produces ENGLISH PRO(TM) - a software program with award-winning technology proven to teach anyone spoken English up to 5 times quicker, regardless of their native tongue. In defining the educational model for the new millennium, EDUVERSE has launched freeENGLISH.net. freeENGLISH.net is a vertical web site devoted exclusively to providing the finest in English language instruction for FREE to the Internet-enabled marketplace. At the heart of freeENGLISH.net is freeENGLISH, a premium English as a Second Language (ESL) program. The freeENGLISH application streams lessons and advertisements over the Internet. In identifying future opportunities within the rapidly-emerging distance education market, EDUVERSE has also committed its leading-edge technical expertise to the development of proprietary software called EVOVE(TM). EVOVE is a 100% pure Java programming environment that allows a single application to deliver educational course curriculum across a multitude of operating systems and hardware platforms. Safe Harbor for Forward-Looking Statements: Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, risk inherent in the company's domestic and international operations, imprecision in estimating product reserves and the company's ability to replace and expand its holdings. EDUVERSE Accelerated Learning Systems, Inc. is based in Reno, Nevada. For more information on the company, call 775.332.3325 or visit the EDUVERSE Accelerated Learning Systems, Inc. web site at www.eduverse.com or email info@eduverse.com. Contact: