Career Education Corporation and Element K Announce E-Learning Content Partnership.Business Editors HOFFMAN ESTATES Hoffman Estates A village of northeast Illinois, a suburb of Chicago. Population: 49,700. , Ill.--(BUSINESS WIRE)--Oct. 23, 2001 Career Education Corporation (CEC (Central Electronic Complex) The set of hardware that defines a mainframe, which includes the CPU(s), memory, channels, controllers and power supplies included in the box. Some CECs, such as IBM's Multiprise 2000 and 3000, include data storage devices as well. ) (Nasdaq:CECO CECO Council of Engineering Companies of Oregon CECO Cost Estimate Change Order CECO Center for Economic and Community Outreach CECO CENTCOM Engineer Contingency Organization CECO Concrete Engineering Company of Omaha (Ceco Concrete Construction LLC) ) and Element K announced today that they will partner in the development of online IT course content for American Intercontinental University American InterContinental University, commonly called AIU, is an international for-profit university owned by Career Education Corporation (stock symbol CECO). It was founded in 1977 as the American College of Applied Arts. (AIU AIU American Intercontinental University AIU Allegheny Intermediate Unit (Homestead, PA) AIU Atlantic International University AIU Association of Indian Universities AIU Association Internationale des Universités ) Online, CEC's E-learning division. As part of the agreement, AIU Online will license Element K's IT training modules to supplement online content offered in AIU Online's Bachelor of Information Technology A Bachelor of Information Technology degree (abbreviated BIT, BInfTech, BInfoTech or B.ICT) is an undergraduate academic degree that generally requires three to four years of study to acquire. degree program. The Bachelor's of Information Technology degree program at AIU Online was created as a team-based program, and is one of the few degree programs in 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. solely dedicated to providing graduates with cutting-edge IT skills required in today's competitive market. The dynamic curriculum is based on market demand, and designed to keep pace with changing technologies. It combines technology with key business courses, enhancing students' new technical skills with a strong business background. "Ultimately, our students benefit from this partnership. Element K IT content is the best in the industry and, as part of our new degree program, will ensure that our courses remain current with new hardware and software releases," said Nick Fluge, executive vice president and chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. of E-Learning at CEC. "This partnership provides a great foundation for AIU Online's full multimedia course delivery and our collaborative online learning environment." "We're pleased to partner with AIU Online, a leader in degree-focused E-learning, and offer their students the benefits of Element K's best-in-class online IT content," said Terry Nulty, president of Element K. "This partnership further demonstrates Element K's strong presence in the 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. arena." About Element K Founded in 1982, Element K is a leading provider of corporate e-Learning solutions for information technology and business skills training serving Fortune 1000 companies, universities, government organizations and individuals. A pioneer in IT training, courseware development and e-Learning, the company's Web site (www.elementk.com) offers subscribers in 144 countries 24/7 access to more than 800 online courses on a wide range of IT and business topics. These include office productivity, design and media, computer programming, Web development, databases, hardware networks and operating systems Operating systems can be categorized by technology, ownership, licensing, working state, usage, and by many other characteristics. In practice, many of these groupings may overlap. , Cisco internetworking and telephony, as well as e-business, project and business management, and workplace safety. Element K's integrated online solutions feature instructor-led online courses, self-paced tutorials, a comprehensive reference library and dynamic interaction with experts and peers. The company also hosts an online learning environment integrated with a powerful learning management system. More information on the company can be found at www.elementk.com. About AIU Online Unlike a residential college campus, all AIU Online (www.aiu-online.com) operations - including coursework, 100 percent online enrollment and financial aid administration - are available to students 24 hours a day, seven days a week. The AIU Online Virtual Campus includes a personalized Internet portal through which each student can monitor credit hours, course schedules, grades, assignments and the status of their account. Each student also has a personal home page with daily postings of news stories from their field of study, along with general campus-wide announcements. AIU Online's Cybrary (the online library) offers 1,900 full-text journals online, with 15 years of archived materials, a reference room, access to major daily newspapers and librarians who are on call to assist with research questions. Students can access at any time a history of all the online library sites they have visited. About Career Education Corporation Career Education Corporation is one of the world's largest providers of private, for-profit postsecondary education in the career-oriented disciplines of visual communication and design technologies, information technology, business studies, and culinary arts. CEC operates 39 campuses throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada, the United Kingdom and the United Arab Emirates United Arab Emirates, federation of sheikhdoms (2005 est. pop. 2,563,000), c.30,000 sq mi (77,700 sq km), SE Arabia, on the Persian Gulf and the Gulf of Oman. , and offers a full online program through AIU Online, its E-learning division. Total enrollment as of July 31, 2001 exceeded 31,000 students. CEC colleges enjoy long operating histories and offer a wide variety of master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. , bachelor's degree, associate degree and diploma programs. The CEC family includes American InterContinental University (six campuses), the International Academy of Design & Technology (eight campuses), the Katharine Gibbs Schools (nine campuses), Le Cordon Bleu For the Schnitzel variant, see . Le Cordon Bleu (French for "blue ribbon") is an international group of hospitality management and cooking schools teaching French cuisine. Culinary Program North America (seven campuses), and other well-known educational institutions. The forward-looking statements contained in this release are based upon various assumptions, and certain risks and uncertainties could cause actual results to differ materially from those stated. Factors that could cause such differences include costs and difficulties associated with opening new campuses and in integrating acquisitions, costs associated with E-learning operations, changes in the regulatory environment and those matters disclosed in Career Education Corporation's filings with the Securities and Exchange Commission (SEC). Career Education Corporation assumes no obligation to update those forward-looking statements. |
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