eCollege(SM) and Corinthian Colleges Extend Partnership
14 Juin 2004 - 4:00PM
PR Newswire (US)
eCollege(SM) and Corinthian Colleges Extend Partnership DENVER,
June 14 /PRNewswire-FirstCall/ -- eCollege(SM) (NASDAQ:ECLG), a
leading provider of value-added information services to the
post-secondary education market, announced the signing of a renewed
agreement with Corinthian Colleges, Inc. (NASDAQ:COCO), one of the
largest post-secondary education companies in North America.
eCollege has provided Corinthian with course management software,
hosting and support services for its online programs since 2000,
and through the renewed contract, eCollege will continue to serve
Corinthian's evolving enterprise-wide eLearning needs. "Our online
programs have achieved record growth over the years," said David
Moore, chairman and CEO of Corinthian. "Renewal of an agreement
with eCollege will allow us to continue to focus on building our
online programs and ensuring a high-quality student experience."
Corinthian has built a strong and growing online operation, serving
a diverse group of students. Corinthian's online programs emphasize
real-world training to prepare students for successful employment
in the workplace. Corinthian's online programs center around
marketable fields and include associate's degrees in business
administration, criminal justice, accounting and legal
assistant/paralegal disciplines; bachelor's degrees in business
administration, criminal justice and accounting; and master's
degrees in business administration and criminal justice. "In
meeting the strong demand for its online programs, Corinthian has
done an excellent job providing valuable course offerings that are
relevant to the needs of its students," said Oakleigh Thorne,
chairman and CEO of eCollege. "We are proud to play a role in
Corinthian's online strategy, and we look forward to supporting
Corinthian in driving growth effectively and efficiently through
the continued success of its programs." About Corinthian Colleges,
Inc. Corinthian Colleges, Inc. is one of the largest post-secondary
education companies in North America, and serves the large and
growing segment of the population seeking to acquire
career-oriented education to become more qualified and marketable
in today's increasingly demanding workplace. Corinthian's colleges
offer master's, bachelor's and associate's degrees and diploma
programs in a variety of fields, with a concentration on careers in
healthcare, business, criminal justice and technology. Corinthian
operates 88 colleges and two continuing education centers in 21
states and 45 colleges and 15 corporate training centers in Canada.
About eCollege eCollege (NASDAQ:ECLG) is a leading provider of
value-added information services to the post-secondary and K-12
education markets. The Company's eLearning Division designs, builds
and supports some of the most successful, fully online degree,
certificate/diploma and professional development programs in the
country. The Company's Enrollment Division, Datamark, Inc., helps
institutions build new enrollments and increase student retention.
Customers include publicly traded for-profit institutions,
community colleges, public and private universities, school
districts, and state departments of education. eCollege was founded
in 1996 and is headquartered in Denver. Datamark was founded in
1987 and is headquartered in Salt Lake City. For more information,
visit http://www.ecollege.com/ and http://www.datamark.com/. This
news release contains statements that are not historical in nature
and that may be characterized as "forward-looking statements"
within the meaning of the securities laws. Examples of these
forward-looking statements include statements about: the success,
expected results, and functionality of our products and services;
adequacy of our products and services to support customer
requirements; customer satisfaction with our products and services;
the success of our customers; and any other statements that are not
historical facts. You can identify such statements when you see
words such as "will," expect," "plan," "believe" and similar
expressions. These statements are based on management's current
expectations and are subject to a number of uncertainties and
risks. Actual results may differ materially. Important factors that
could cause actual results to differ materially from estimates or
projections contained in the forward-looking statements include,
but are not limited to: competition in the highly competitive
online learning market; the possibility of failures of our network
infrastructure and computer systems; our dependence on our
customers and third parties to market online programs; the impact
of laws and regulations affecting education and the Internet; and
such other factors as are discussed in our most recent Form 10-Q
Quarterly Report filed with the U.S. Securities and Exchange
Commission, which you are encouraged to review in connection with
this release. We believe that these forward-looking statements are
reasonable; however, you should not place undue reliance on
forward-looking statements, which are based on current expectations
and speak only as of the date of this release. We are not obligated
to publicly release any revisions to forward-looking statements to
reflect events after the date of this release. eCollege is a
service mark of eCollege. All other trademarks or registered
trademarks are the property of their respective owners. DATASOURCE:
eCollege CONTACT: Kristi Emerson of eCollege, +1-303-873-3788, Web
site: http://www.datamark.com/ Web site: http://www.ecollege.com/
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