ArticuLearn and Akamai to Deliver Streaming Media to the Online Education Market.Business Editors and High-Tech high-tech also hi-tech adj. Informal Of, relating to, or resembling high technology. high-tech Adjective same as hi-tech Adj. 1. Writers AUSTIN Austin. 1 City (1990 pop. 21,907), seat of Mower co., SE Minn., on the Cedar River, near the Iowa line; inc. 1868. The commercial and industrial center of a rich farm region, it is noted as home to the Hormel meatpacking company, whose Spam Town museum , Texas--(BUSINESS WIRE)--Oct. 23, 2000 Through Use of Akamai's Streaming Services, ArticuLearn Enhances Delivery of Educational Content, Engages the Learner ArticuLearn(TM), Inc., a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of VTEL VTEL Video Teleconferencing (R)Corporation (Nasdaq: VTEL), today announced that it has selected FreeFlow Streaming(SM) services from 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 ), the foremost provider of global, high-performance services for the delivery of Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the content, streaming media See streaming audio, streaming video and digital media hub. , and applications, adding state-of-the-art streaming capabilities to ArticuLearn's e-learning solutions. "As an industry leader, Akamai brings forth superior quality and expertise in the global streaming market," said Bill McCauslen, chief executive officer of ArticuLearn. "Through our relationship with Akamai, our customers will have direct access to a robust video distribution network and the freedom to create engaging e-learning content through the use of streaming media without worrying about network performance or other operational logistics." Through the utilization of Akamai's FreeFlow Streaming service, ArticuLearn will be able to offer high-quality delivery of its e-learning content, a component of its comprehensive e-learning program that enables organizations to incorporate streaming media content into the production of their custom online courses. ArticuLearn's streaming capability will be enhanced by the unprecedented speed and reliability of Akamai's network of more than 4,200 servers worldwide. "Online learning is a tremendous growth market," said Sanjay Srivastava, vice president, enterprise services, Akamai. "Our streaming delivery services and globally distributed network will help ArticuLearn provide media-rich e-learning solutions to its customers. We're excited to be a critical component of ArticuLearn's offering as the company moves into new market segments." About Akamai Akamai is the foremost provider of global, high performance services for the delivery of Internet content, streaming media and applications, serving over 2,100 customers. Akamai has the broadest deployment of servers for content, streaming media, and applications delivery with more than 4,200 servers in 50 countries directly connected to 225 different telecommunications networks A telecommunications network is a of telecommunications links and nodes arranged so that messages may be passed from one part of the network to another over multiple links and through various nodes. . Akamai (pronounced AH kuh my) is Hawaiian for intelligent, clever and cool. About ArticuLearn ArticuLearn, a wholly owned subsidiary of VTEL(R) Corporation, is an e-learning solutions provider dedicated to making education and training over the Internet easy, affordable and effective for its clients. ArticuLearn creates custom e-learning portals for the commercial, education and healthcare markets that allow organizations to author, deliver and manage their course content directly online. More information on ArticuLearn can be found at www.articulearn.com. This release may include projections and other 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 involve a number of risks and uncertainties and as such, actual results in future periods may differ materially from those currently expected or desired. Additional discussion of these and other risk factors affecting VTEL's business and prospects is contained in the company's periodic filings with the SEC. VTEL, the VTEL logo and ArticuLearn are trademarks of VTEL Corporation. (c)2000, VTEL Corporation. All rights reserved. VTEL Corporation, 108 Wild Basin Road, Austin, Texas, 78746. Phone: 512/437-2700, Fax: 512/437-2792. |
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