Breakthrough Technology Delivers Accredited College Classes Live Over the Internet to Homes and Businesses.Business Editors/Hi-Tech Writers YONKERS, N.Y.--(BUSINESS WIRE)--Jan. 19, 2000 Professors See and Interact with Students--FREE PCs with Matriculation ma·tric·u·late tr. & intr.v. ma·tric·u·lat·ed, ma·tric·u·lat·ing, ma·tric·u·lates To admit or be admitted into a group, especially a college or university. n. Classrooms Without Walls Finally a Reality The great promise of classroom education over the Internet is here and may radically redefine the way Americans go to college, thanks to a technology company based in Yonkers, New York Yonkers is the fourth largest city in the State of New York (it falls behind New York City, Buffalo, and Rochester), and the largest city in Westchester County, with a population of 196,086 (according to the 2000 census). . Educational Video Conferencing See videoconferencing. (communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications. , Inc. (Nasdaq: EVCI), headed by two Ph.Ds, has cracked the code for delivering a live classroom experience over the Internet. Their unique brand of live, interactive multimedia video conferencing, allows instructors to see and hear students separated by miles, states, and even continents. At the same time, students can see and hear the instructor, and communicate with their teachers and other students over video-enabled desktop computers at work or at home. Already, EVCI can deliver more than 1,000 college and post-graduate courses--leading to more than 100 degree programs--to homes and offices from 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. colleges and universities such as St. John's and Adelphi University Adelphi University (ədĕl`fī), at Garden City, N.Y.; coeducational; chartered 1896 as Adelphi College. Originally in Brooklyn, the school moved to its present location in 1929 and in 1963 achieved university status. . When students enroll, they can receive a free Pentium III The successor to the Pentium II from Intel. Introduced in the spring of 1999 at 500 MHz, the Pentium III architecture was similar to the Pentium II with the addition of 70 new instructions optimized for multimedia (see SSE). computer and free high-speed Internet See broadband. access. "We've opened the door for students to attend colleges anywhere in the world without leaving their homes or offices," says Arol Buntzman, Chairman 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. of EVCI, whose Ph.D. dissertation served as a breakthrough study in educational video conferencing, and whose company has worked since 1997 to unravel the technology to deliver real time video conferencing to multiple points over the Internet. Leapfrogging Tradition EVCI's technology allows for far more than traditional distance learning, which often amounts to e-mail messages sent back and forth between students and teachers. EVCI's technology enables students to sit before their computers, view and hear their instructors and other students in real time. Small, inexpensive video cameras transmit the images at a broadcast quality of 30 frames a second, a huge improvement over "streamed" video with its synchronization problems and stop-frame action. Professors and students at 20 to 30 separate locations can talk and interact with one another just as they would in a real classroom at any major university. The classes offered by EVCI are identical to those taught on campus, an important consideration for colleges and universities participating in the program. As Peter J. Tobin Peter J. Tobin is the former Chief Financial Officer of the Chase Manhattan Corporation. He has led the company through several successful mergers and acquisitions in the course of its history. Mr. Tobin graduated with a bachelor's degree from St. John's University in 1965. , Dean of St. John's College of Business, an EVCI content provider, and formerly the chief financial officer of Chase Manhattan Bank The Chase Manhattan Bank, now part of JPMorgan Chase, was formed by the merger of the Chase National Bank and the Bank of the Manhattan Company in 1955. The bank is headquartered in New York City. explains, "As St. John's College of Business enters the new millennium, it's vital that we provide educational opportunities to a widening circle of students. At the same time, we must retain the same quality, richness and complexities inherent in St. John's live classroom experience. EVCI's technology provides just this opportunity. Students learn from St. John's world-class faculty, interact and communicate with them just as they would if they were sitting in one of our classrooms. The only difference is that the instruction is delivered live over the Internet." How EVCI Works EVCI works as an online educational content aggregator--developing relationships with world-class colleges and training institutions, working with them to provide their content live over the Internet, and providing the technology and know-how to deliver accredited degree programs live over the Internet direct Internet Direct, also known as "Indy", is a free software / open source socket library written in Object Pascal, an object-oriented version of Pascal. It includes clients, servers, TCP, UDP, and raw sockets, as well as over 100 higher level protocols implementations such as SMTP, to the home or office. The steps in the process include: 1. Accredited colleges and institutions contract with EVCI to make their coursework available through EVCI's proprietary technology. 2. EVCI and its partners work to market the courses to students and prospective students in areas where broadband Internet See broadband. or video enabled conference rooms are available. 3. EVCI sets up a video-transmitting room on campus and trains professors in the most effective video-conferencing teaching methods. 4. Students choose and enroll in accredited degree programs and courses, register and pay tuition, all online or by phone. Anyone can browse a list of EVCI partner colleges and accredited programs, as well as executive training courses at www.evcinc.com. 5. Students who enroll in degree programs can receive free Pentium III computers, video cameras, high-speed Internet access and software. 6. Students "attend" classes at designated times. By logging on from their video-enabled computers, between 20 and 30 students see, interact and communicate directly with the professor during the class. 7. The professor sees live, individual images of every student in class, on a large television screen. Instructors can gauge every students' reaction--from comprehension to puzzlement--just as in a traditional classroom. Students may ask questions simply by clicking a "raised-hand" icon on screen, and instantaneously the on-screen on·screen or on-screen adj. & adv. 1. As shown on a movie, television, or display screen. 2. Within public view; in public. image switches from the instructor to the questioning student. 8. Professors can "place" digital information on the "board"--in this case the students' computer screens--so they can view spreadsheets, electronic documents, or even Web pages. EVCI's live video conferencing is delivered via DSL DSL in full Digital Subscriber Line Broadband digital communications connection that operates over standard copper telephone wires. It requires a DSL modem, which splits transmissions into two frequency bands: the lower frequencies for voice (ordinary , ATM, ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. , cable modems, satellite services and other wireless digital telecommunications technologies. No other company currently has the technology to deliver live video conferencing to multiple students and their professor in real time over the Internet. Endless Options and Opportunities EVCI's unique technology opens unlimited educational opportunities. Already, EVCI's expertise is providing: -- Educational access to the disabled. A marketing alliance between EVCI and We Media, Inc., publisher of WE magazine, is providing live, video conferencing educational opportunities to the nation's 54 million disabled individuals, who can now enroll in and attend accredited college programs on their computers from their homes. -- Educational Opportunities to Disadvantaged Americans. EVCI, in a number of alliances with neighborhood church groups, has helped establish community video conferencing facilities to deliver accredited college courses to disadvantaged students. These at-risk students The term at-risk students is used to describe students who are "at risk" of failing academically, for one or more of any several reasons. The term can be used to describe a wide variety of students, including,
showing greater success than otherwise expected due to the technology that allows them to learn inside their community, instead of on college campuses. -- Training and College Courses for Corporations. A number of Fortune 500 corporations such as Merrill Lynch Merrill Lynch & Co., Inc. (NYSE: MER TYO: 8675 ), through its subsidiaries and affiliates, provides capital markets services, investment banking and advisory services, wealth management, asset management, insurance, banking and related products and services on a global basis. , Citibank, N.A., Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corp., and AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group are relying on EVCI and its proprietary technologies to deliver college accredited programs at their video-enabled facilities. -- Continuing Higher Educational Opportunities and Training to Professional Athletes. EVCI's newly launched Sport Division is providing professional athletes the opportunity to continue their college education while pursuing their playing careers. Headed by former New York Giants
Player Development for the New York Jets the New York Jets to an agreement that will allow players, their families and staff to attended accredited college degree programs from video-enabled Jet facilities. -- Worldclass content to industry leaders. Under agreements with Bell Atlantic, Excite @Work and @Home, EVCI is rapidly becoming the preferred provider of college accredited courses to major Internet broadband players. Their interest is firmly grounded on educational content as a cornerstone of the new digital economy that can deliver a range of information and services directly to the home or office over the Internet. About Educational Video Conferencing, Inc. Educational Video Conferencing, Inc. is a leading high-bandwidth and Internet aggregator of educational content. EVCI delivers accredited college courses, certificates and degree programs, as well as professional development programs to corporations, government agencies, community groups, and the public at large. With live interactive multimedia video conferencing, the instructor can see and hear the students as the students see and hear the instructor, and communicate with the instructor and other students over video-enabled desktop computers at work or at home or over group room systems. EVCI clients include Merrill Lynch, Citibank, N.A., Lockheed Martin Corp., AIG, Travelers, among other Fortune 100 companies. Educational institutions that provide content include St. John's University, Adelphi University, Manhattan College, The College of Insurance, Mercy College Mercy College can refer to:
Information in this press release about implementing the business plan of Educational Video Conferencing, Inc. is forward looking and actual results could differ materially from expected results. Factors that could affect results include the risk that there may be insufficient demand for Educational Video Conferencing courses, competition and other factors discussed in EVCI's filings with the Securities and Exchange Commission. |
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