Autodesk and UOL Publishing announce merchant partners for virtual campus system; UOL Publishing recently filed for IPO.SAN RAFAEL San Rafael (săn rəfĕl`), residential city (1990 pop. 48,404), seat of Marin co., W Calif., a suburb of San Francisco on the northern shore of San Francisco Bay; inc. 1913. , Calif.--(BUSINESS WIRE)--Oct. 15, 1996--Autodesk Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ADSK ADSK Autodesk, Inc. (NASDAQ stock symbol) ) today announced that nine partners have signed agreements to participate as Merchants in the Virtual Campus it is developing with UOL UOL Universo Online (Brazilian internet provider) UoL University of London UOL Ultima on Line (multiplayer role-playing game) UOL Unit of Learning UOL Upper Operating Limit UOL Underwater Object Locator Publishing Inc. (UOL). The Autodesk Virtual Campus system will serve as a location where Web users can purchase training software, learning resources and online courses for Autodesk(R) 2D and 3D design, modeling and animation software over the Internet. The Autodesk virtual campus will consist of two primary components, a system ("the Classroom") that provides computer-managed training courses on Autodesk software from Autodesk developers, publishers, business partners as well as the education community, and a system ("the Store") that allows Autodesk value-added software developers to advertise and sell their training products and services. The Merchant program enables partners to create their own spaces in the Campus Store where their products and services can be displayed and sold. The nine partners are: Technical Software, At A Glance Software Inc., CAD CAM Centre International, University Of Advancing Computer Technology, Object Reality Consultants, Republic Research, AIDEX Corporation, Journey Education Marketing Inc. and KIS Software. Serving as one of the anchor stores on the Virtual Campus, Journey Education Marketing will offer a full product line consisting of 1,000 of the most popular software items from 50 different manufacturers including Autodesk, Microsoft and Adobe. The software, which will be marketed and sold to qualified college and high school students at up to 75% off the regular retail price, focuses on CAD, animation, desktop publishing desktop publishing, system for producing printed materials that consists of a personal computer or computer workstation, a high-resolution printer (usually a laser printer), and a computer program that allows the user to select from a variety of type fonts and sizes, , business and web publishing Creating a Web site and placing it on the Web server. A Web site is a collection of HTML pages with the home page typically named INDEX.HTML. Web sites are designed using Web authoring software which provides a graphical layout capability or by hand coding in HTML or both. . Journey Education Marketing's reason for expanding to the Virtual Campus is a natural evolution from its existing marketing avenues, noted Mike Fischler, 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. . "There are more than seven million college students with Internet access See how to access the Internet. and as North America's largest distributor of educational software to students, we need to be where they can find us." Other merchant partners, who traditionally offer live classroom training of Autodesk's AutoCAD programs, will serve the Virtual Campus as content providers of condensed con·dense v. con·densed, con·dens·ing, con·dens·es v.tr. 1. To reduce the volume or compass of. 2. To make more concise; abridge or shorten. 3. Physics a. training to users of these same programs. Described as "courselets" for on-line training, the interactive instruction customizes Autodesk's AutoCAD software so that CAD market professionals like architects, drafters and designers can conveniently learn specifically what they need to know to get the software up and running quickly to improve their job performance. "Our course offerings will be targeted toward seasoned AutoCAD users working in a production environment," noted Cal Avary, president of CAD/CAM CAD/CAM in full computer-aided design/computer-aided manufacturing. Integration of design and manufacturing into a system under direct control of digital computers. Centre International. "Due to project demands and consultant deadlines, these professionals are simply unable to attend instructor-led, structured classes. With our virtual partnerships with UOL, architects, engineers, designers and drafters will now be able to tap into a bundle of just-in-time, productivity training tools - anytime and anywhere." According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Hugh Bathurst, president of At A Glance Inc., "This is an excellent opportunity to take our existing training material to people outside North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. who don't have on-site access to our sessions. It also offers another alternative to the traditional classroom environment." Michael Vaughn, manager of industry services for University Of Advancing Computer Technology, observed, "Now that the Internet has grown and UOL with Autodesk have created a viable outlet for learning online, this Virtual Campus offers us a new and alternative marketing opportunity." Said Greg Malkin, president of Technical Software, "While running our traditional classroom training which teaches users how to customize Autodesk's AutoCAD program, we've experienced companies that do not allow their employees to leave the workplace. Now these same employees can learn on their own time at their own pace." UOL Publishing recently filed its registration statement with the Securities & Exchange Commission for its initial public offering (IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. ). UOL Publishing Inc. is a leading publisher of high quality educational courseware for the on-line education and training market through the World Wide Web. UOL Publishing offers interactive distance education courses in business, finance, management, technology and basic technical and developmental skills. UOL Publishing has also partnered with such major corporations as Dun and Bradstreet Inc. and Autodesk Inc., to serve the growing ranks of non-traditional working students by providing convenient access to the accredited accredited recognition by an appropriate authority that the performance of a particular institution has satisfied a prestated set of criteria. accredited herds cattle herds which have achieved a low level of reactors to, e.g. programs. For more information, check out the home page (http://www.uol.com) or contact Robert J. Manfredi of UOL Publishing Inc. at 703/533-7500 or manfredi@uol.com. Autodesk is the world's leading supplier of PC and UNIX-based design software and PC multimedia tools. The company's 2D and 3D products and data management tools are used in many industries for architectural design, mechanical design, film and video producers, video/game developers, and Web content developers. Its Kinetix division is the leader in PC-based 3D modeling and animation software, providing a full range of products for digital media and design professionals. The fourth largest PC software company in the world, Autodesk has three million customers in nearly 130 countries. Autodesk products are sold through Autodesk Systems Centers, Dealers and Distributors worldwide. For more information on Autodesk, please call 415/507-5000, type GO ADESK on CompuServe or visit its World Wide Web site at http:\\www.autodesk.com. Kinetix can be reached by calling 800/879-4233 or through its World Wide Web site at http:\\www.ktx.com. Autodesk shares are traded on the NASDAQ national market under the symbol ADSK. Except for historical information contained herein, the matters discussed in this news release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those projected, including the timely development and acceptance of new products, the impact of competitive products and pricing, and other risks detailed from time to time in the company's SEC reports, including the report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. filed in April 1996. Autodesk and the Autodesk logo are registered trademarks of Autodesk Inc. Compuserve is a registered trademark of H&R Block. CONTACT: UOL Publishing, Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most Bob Rinklin/Dave Singer, 212/725-4500 or Autodesk Inc. Barbara Brown, 415/507-6093 |
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