Caliber, OnlineLearning.net Announce eKnowledge Marketing Alliance.Business Editors BALTIMORE--(BUSINESS WIRE)--March 29, 2000 Caliber Learning Network, Inc. (Nasdaq: CLBR CLBR Costa Linda Beach Resort (Aruba) ) and OnlineLearning.net today announced an agreement to cross-market their respective eKnowledge services and course offerings. Los Angeles-based OnlineLearning.net is a leader in providing e- learning content. The company has the exclusive worldwide electronic rights to distribute courses developed by UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX Extension, the nation's largest single-campus continuing 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. program, as well as academic partnerships with the University of San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. and others. Caliber is a leader in interactive distance learning design and distribution through its WebCORE suite of eKnowledge applications. "This marketing alliance is an excellent fit with our new eKnowledge Consortium strategy," said Caliber 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. and President Chris Nguyen. "Through marketing partnerships with "best in class" providers such as OnlineLearning.net, we can offer our clients a dramatically expanded range of eKnowledge solutions, " he added. "In this case," Nguyen noted, "It allows us to even more effectively help our clients transform their eKnowledge by bringing them OnlineLearning.net's extensive library of courses in business education and information technology." He went on to say that the OnlineLearning.net marketing alliance also gives Caliber rapid access to the small business and consumer markets where OnlineLearning.net is particularly strong. OnlineLearning.net President John Kobara said, "OnlineLearning.net's alliance with Caliber enables us to expand the online learning options we offer our students and provide a total solution for the lifelong learner that delivers results and value. Caliber's WebCORE platform gives us a powerful new broadband distribution tool and we've gained a valuable business to business sales partner with an excellent reputation in the worlds of academic and corporate eKnowledge." Kobara went on to say that OnlineLearning.net will have the opportunity to market to its own customers content developed by Caliber's premier university partners. Caliber's partners include Johns Hopkins University Johns Hopkins University, mainly at Baltimore, Md. Johns Hopkins in 1867 had a group of his associates incorporated as the trustees of a university and a hospital, endowing each with $3.5 million. Daniel C. , the University of Pennsylvania's Wharton School, Columbia University Columbia University, mainly in New York City; founded 1754 as King's College by grant of King George II; first college in New York City, fifth oldest in the United States; one of the eight Ivy League institutions. Teacher's College, the University of Southern California's Marshall School of Business The Marshall School of Business (also known as USC Marshall School of Business) is the business school at the University of Southern California. It is the largest of USC's 17 professional schools. The current Dean is James G. Ellis. , Syracuse University, Georgetown University and others. Under the agreement, Web sites will be linked and cooperative sales and marketing efforts will be developed. About Caliber Learning Network, Inc. Caliber Learning Network, Inc. (Nasdaq: CLBR) is a leader in Internet-based knowledge solutions. Through its WebCORE e-knowledge platform, Caliber enables its clients to transform their traditional training and communications programs into e-knowledge programs, dramatically increasing their reach while simultaneously reducing costs. For more information about Caliber, visit the company's Web site: www.caliber.com About OnlineLearning.net OnlineLearning.net, the leading online supplier of instructor-led continuing adult education, holds the exclusive worldwide electronic rights to classes developed by the renowned UCLA Extension for online delivery. 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. courses are offered in Business & Management, Computers & Information Systems, Education, and Writing. OnlineLearning.net has enrolled more than 11,500 students from all 50 states and 68 U.S. Territories and foreign countries in more than 950 online courses. By combining technological innovation with extraordinary customer service, OnlineLearning.net is committed to helping adult learners around the world access the best in educational resources - anytime, anywhere, at any stage in life. For more information or to enroll, visit www.onlinelearning.net. 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. language: This release may include information that could constitute forward-looking statements made pursuant to the safe harbor provision 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. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission |
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