Akamai and eKnowledge Group Strategic Alliance Announced at Online Learning 2000 Conference.Business Editors OnLine Learning 2000 DENVER--(BUSINESS WIRE) Sept. 27, 2000-Today at the Online Learning 2000 Conference, eKnowledge Group, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EKNO), a leading provider of interactive video based training and education over the Internet, announced its strategic alliance with Akamai Technologies Akamai Technologies, Inc. (NASDAQ: AKAM) is a company that provides a distributed computing platform for global Internet content and application delivery, headquartered in Cambridge, Massachusetts. , Inc. (Nasdaq: AKAM AKAM Akamai Technologies, Inc. (stock abbreviation) AKAM Automated Key Access Machine ) to provide streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. services for the eKnowledges test preparation programs. Akamai is a leading, global provider of high-performance services for the delivery of Internet content, streaming media, and applications. With the release of our latest five programs (SAT, ACT, GMAT GMAT abbr. 1. Graduate Management Admission Test 2. Greenwich Mean Astronomical Time GMAT n abbr (US) (= Graduate Management Admissions Test) → , LSAT LSAT abbr. Law School Admissions Test LSAT (US) n abbr (= Law School Admissions Test) → Zulassungsprüfung für juristische Hochschulen and GRE (Generic Routing Encapsulation) A tunneling protocol developed by Cisco that allows network layer packets to contain packets from a different protocol. It is widely used to tunnel protocols inside IP packets for virtual private networks (VPNs). ), we are anticipating millions of test takers using our preparation programs, stated S. Kendrick Hildebrandt, Sr. Vice President of Academics at eKnowledge. Akamais delivery method allows us to handle such a high flow of traffic. Serving over 2,100 customers, Akamai is the foremost provider of global, high performance services for the delivery of Internet content. Akamai has the broadest deployment of servers for content, with more than 4,200 servers in 50 countries directly connected to 225 different telecommunications networks. Online Learning 2000 is the largest gathering of Web Based Training experts and practitioners, said Kevin Mead, VP of Sales and Marketing for eKnowledge. We are pleased to make an announcement of this magnitude at this event. In addition to their corporate training and graduate-school preparation courses, eKnowledge continues their Corporate Scholarship Program for SAT/ACT test takers. By partnering with corporate sponsors, eKnowledge provides two 40+ hour video streamed SAT and ACT preparation courses free of charge to all of the nation's high school students. To date over 225,000 students have been provided ability to use the SAT and ACT programs free of charge. With offices in Corona, California and Leesburg, Virginia, eKnowledge Group is a leader in utilizing cutting edge technology to deliver training and education programs via Internet interactive video streaming. To facilitate current expansion, eKnowledge recently moved into an 8000+ Corona, California facility with offices soon to open in Dusseldorf, Germany, and Zurich, Switzerland. Though its 6 divisions, eKnowledge Group provides supplemental learning programs over the Internet for users of all types and ages. For more information, visit www.eknowledgegroup.com 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. Statement under 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: The statements contained herein which are not historical fact are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays in testing and evaluation of products and other risks detailed from time to time in eKnowledge Group's filings with the Securities and Exchange Commission. |
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