ALeNet Selects VCampus to Deliver Internet-Based e-Learning Solutions to Its Clients.Business Editors/Hi-Tech Writers RESTON, Va. & CORAL GABLES Coral Gables, city (1990 pop. 40,091), Miami-Dade co., SE Fla., SW of Miami; inc. 1925. Founded at the height of the Florida land boom, Coral Gables is a noted planned city, with tree-lined boulevards and Mediterranean-style buildings. , Fla.--(BUSINESS WIRE)--Oct. 16, 2000 VCampus Corporation (Nasdaq:VCMP VCMP Vice City Multi-Player (gaming, Grand Theft Auto Online Mod) VCMP Voice Call Management Protocol ) announced today that ALeNet will be a certified reseller partner to provide e-Learning solutions for all of its global customers using the "ALeNet Learning Express" powered by VCampus. ALeNet will utilize VCampus's 400+ course library that includes soft skills, IT and Telecom courses. AleNet will link its campus to its website to provide easy accessibility for its partners and customers. VCampus Corporation is a leading e-Learning Application Service Provider (ASP) that develops, manages and hosts turnkey, web-based learning environments. The VCampus full-service learning solutions include internet-based, computer-based, instructor-led, asynchronous Refers to events that are not synchronized, or coordinated, in time. The following are considered asynchronous operations. The interval between transmitting A and B is not the same as between B and C. The ability to initiate a transmission at either end. and synchronous Refers to events that are synchronized, or coordinated, in time. For example, the interval between transmitting A and B is the same as between B and C, and completing the current operation before the next one is started are considered synchronous operations. Contrast with asynchronous. venues for corporations, government agencies, and higher education higher education Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. institutions. ALeNet is a virtual solution provider that provides clients accessibility to their applications, corporate information, and infrastructure in a secure, global manner, through a variety of delivery mediums, including Internet, Client Server, Wireless, and Satellite. ALeNet's customer base includes small to midsize corporations and organizations in both the commercial and government market space. As a Virtual Solution Provider partners and customers will have 24 x 7 hour access to needed curricula through their VCampus in support of their businesses' strategies. The ALeNet VCampus, which will be functional by November 1st, will offer complete training curricula that will work hand-in-hand with the customer's virtual technology solution environment. ALeNet will also customize courseware and the interface design of each campus using the VCampus Custom Courseware Development Team of instructional design Instructional design is the practice of arranging media (communication technology) and content to help learners and teachers transfer knowledge most effectively. The process consists broadly of determining the current state of learner understanding, defining the end goal of experts, multimedia specialists, and subject matter experts. VCampus President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Daniel Neal Daniel Neal (December 14, 1678–April 4, 1743) was an English historian. Born in London, he was educated at the Merchant Taylors' School, and at the universities of Utrecht and Leiden. , expressed his enthusiasm by stating, "VCampus is very pleased to partner with ALeNet, a fast-growing VSP VSP - Very Simple Prolog+. , to serve its need for a robust, highly scalable and fully web-enabled e-Learning platform that delivers high-value content to ALeNet end-users. VCampus itself has operated as an ASP for over 4 years, and fully understands the power and value of the ALeNet business model. We are excited about having the opportunity to be part of the broad array of services ALeNet offers its customers." ALeNet President and CEO Sebastian Alegrett remarked, "The partnership between ALeNet and VCampus provides customers and prospects the ability to utilize ALeNet's Virtual Solution delivery mechanism for not only technical business solutions but also in the enhancement and enrichment of personnel in all corporations and organizations large or small. VCampus and ALeNet are both innovators and those innovations will change the landscape of computing in the future." About VCampus VCampus Corporation (Nasdaq:VCMP) is a leading e-Learning Application Service Provider (ASP). The company develops, manages and hosts turn-key, web-based learning solutions for corporations, higher education institutions, and government agencies. VCampus enables organizations to offer global distance learning solutions to their customers, employees, distributors, and students. VCampus' e-Learning solutions help clients improve the performance of their distribution channels; measure and develop their employees' knowledge, skills, and abilities; and increase their customers' satisfaction and loyalty. VCampus distributes a courseware library of more than 400 web-based courses and has delivered more than 1,000,000 courses to over 350,000 adult learners Adult learner is a term used to describe any person socially accepted as an adult who is in a learning process, whether it is formal education, informal learning, or corporate-sponsored learning. . VCampus Corporation is headquartered in Reston, VA. For more information, call 800/915-9298, or visit the VCampus Web site at http://www.vcampus.com. About ALeNet Inc. ALeNet, Inc. is a leading Virtual Solutions Provider (VSP) and innovator supplying clients of all sizes with the most comprehensive integrated suite of virtual solutions available today. A Microsoft Certified Solution Provider and member of ASP Industry Consortium (Application Service Provider Industry Consortium, Wakefield, MA) A now disbanded trade organization founded in 1999 dedicated to research and standards in the application service provider (ASP) industry. , AleNet's three solution services (ALeNet Express, ALeNet Enterprise and ALeNet Custom Build Your Own ASP) supply accessibility to applications, corporate information and corporate infrastructure through a variety of delivery mediums, including Internet, intranet, wireless and satellite. Located in Coral Gables, Fla., ALeNet's expert staff of management consultants, e-business consultants and Internet Web designers/developers offer end to end Virtual Solutions in a hosted facility or on your premises. For more information on ALeNet, Inc., please contact 305/461-0012 attn: Sales, email info@alenet.com or visit the Web site at www.alenet.com. With the exception of the historical information contained in the release, the matters described herein contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. that are made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements involve a number of risks and uncertainties including but not limited to difficulties in managing rapid growth (including future capital needs), development of its target market, risks associated with acquisitions, and 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. |
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