Clemson University Will Offer Non-Credit, Continuing Education Courses for Executives at EVCI's Interboro Institute Site.Business Editors/Hi-Tech Writers YONKERS, N.Y.--(BUSINESS WIRE)--July 14, 2000 Interboro, 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.'s wholly owned subsidiary, to host Clemson's continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). and executive seminars. Coursework to be broadcast live via video conferencing to sites around the country. South Carolina-based Clemson University will offer executives non-credit continuing education and corporate-training courses for the textile industry and other business sectors beginning in September from the campus of Interboro Institute, at 456 West 56th St. in mid-town Manhattan, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Creating a platform for wider dissemination of Clemson's highly respected body of non-credit educational content is a first step towards offering specialized, non-credit, industry-related coursework using the facilities of Interboro Institute, 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 Educational Video Conferencing, Inc. (Nasdaq: EVCI; PCX (1) A bitmapped graphics file format that handles monochrome, 2-bit, 4-bit, 8-bit and 24-bit color and uses RLE to achieve compression ratios of approximately 1.1:1 to 1.5:1. Images with large blocks of solid colors compress best under the RLE method. See PC Paintbrush. : EVI Evi (ē`vī), in the Bible, Midianite king. ; BSE See Bombay Stock Exchange. BSE See Boston Stock Exchange (BSE). : EVI). EVCI is a leading technology provider, aggregator and distributor--via live interactive conferencing systems--of 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. college courses and degree programs, as well as non-credit corporate training, professional development and continuing education programs. EVCI acquired Interboro Institute in early 2000. Clemson is in the forefront of university continuing professional education. Clemson's seminars and conferences have been offered to Fortune 1000 and emerging growth companies on-site throughout the U.S. for more than 40 years. Clemson at present offers about 250 non-credit programs serving more than 18,000 students. Clemson is recognized as having particularly strong corporate-training programs in the area of textiles, among others. "The textile industry historically has been a key industry for New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. and Clemson's home state," noted Dr. John J. McGrath John J. McGrath was born in Limerick, Ireland, July 23 1872, died August 25 1951. He was a U.S. Representative from California, 1933-39. He was a Democrat. , EVCI's president. "By linking the Clemson University's resources with the instructor resources of New York City--and making the Clemson non-credit coursework available via high-speed, real time interactive video conferencing--we are laying the groundwork for new e-knowledge network." "We are delighted to serve as the host institution for the Clemson University's prestigious continuing education courses," said Stephen H. Adolphus, Interboro's president. "This continues our ongoing quest to make our 112-year-old Institution a university of the future by leveraging the best technologies available to deliver the coursework that is in demand, regardless of where the students are located." More About Clemson University A public institution, Clemson University was founded in 1889 and is dedicated to education, research and public service. Approximately 16,500 students, including 3,800 graduate students, are enrolled at Clemson University. More About Interboro Institute Interboro Institute, founded in 1888, is a two-year college at 456 West 56th St. in mid-town Manhattan, New York. It is currently authorized by the New York State Board of Regents An independent governing body that oversees a state's public Colleges and Universities. All 50 states have governing bodies that oversee the administration of public education. to grant several degrees, including Ophthalmic Dispensing, the Associate of Occupational Studies Degree in Business Administration (accounting and business management), Paralegal Studies, Administrative Secretarial Arts (executive, legal, correspondence or medical secretary) and Security Services and Management. It also offers a concentration in computer technology in its business management major. The student body primarily consists of non-traditional students who pay their tuition using federal (PELL) and New York State (TAP) tuition grants. More About Educational Video Conferencing, Inc. EVCI is deploying its proprietary broadband network design which, using Internet Protocol infrastructure technology, permits EVCI to provide two-way, multi-point, multi-media voice, video and data transmissions over a high speed Internet. Using its broadband network, EVCI can deliver educational content at 30 frames per second (broadcast quality) through 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, T-1 lines, cable modems or satellite. EVCI's services turn remote distance learning into a real-time, interactive exchange that re-creates the live classroom experience on a computer or large screen. The instructor can see and hear the students live, just as the students see, hear and talk with other students at multiple locations. Educational content is currently being delivered by EVCI over high speed point-to-point or multi-point digital data lines (T-1 or ISDN ISDN in full Integrated Services Digital Network Digital telecommunications network that operates over standard copper telephone wires or other media. ). EVCI corporate clients include Merrill Lynch, Citibank, N.A., Lockheed Martin Corp., 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 and Travelers, among other Fortune 100 companies. EVCI also has contracts with the New York City Board of Education and the National Football League Players Association The National Football League Players Association, or NFLPA, is the labor union of players in football's National Football League. It was founded in 1956, but only achieved recognition and a collective bargaining agreement several years later. , among others. Educational institutions that provide content include St. John's University, Adelphi University, Clemson University, Manhattan College, The College of Insurance, Computer Generated Solutions, Inc., Mercy College, Concordia College, Golden Gate University, Kaplan Educational Centers, TRA TRA Training TRA Transfer TRA Transition TRA Tennessee Regulatory Authority TRA Telecommunications Regulatory Authority (Oman) TRA Tax Reform Act (1976, 1984, or 1986) TRA Teachers Retirement Association (Telecommunications Research Associates) and Touro College/Touro University International (including Touro Law School). In order to gain a significant first-mover advantage, EVCI has developed co-marketing relationships with organizations that have a strong interest in increasing usage of their services by being able to offer EVCI's education and training content and delivery technologies and services. EVCI's co-marketing multi-year agreements with Bell Atlantic and @Home Network give it marketing access to a large number of major corporations and to more than 75 million U.S. households. EVCI's multi-year co-marketing agreement with We Media, Inc. gives it marketing access to 54 million Americans with disabilities Americans with disabilities comprise one of the largest minority groups in the United States. According to the Disability Status: 2000 - Census 2000 Brief [1], approximately 20% of Americans have one or more diagnosed psycho-physical disability. , their families and friends. Other co-marketing agreements include those with edcor, Computer Generated Solutions and Corporate Scenes, Inc. For more information on EVCI see our website at www.enterclass.com. The forward-looking statements in this news release about EVCI's plans to reach wider audiences by offering Clemson University's non-credit continuing education courses for professionals from Interboro Institute's (a wholly owned EVCI subsidiary) New York City campus, and content originating with various other universities, reflect management's current views with respect to future events and are subject to certain assumptions, risks and uncertainties. These include: marketing efforts may not be successful; competition is likely to increase; EVCI's success may depend on its ability to obtain substantial additional financing; and the other specific risk factors described in EVCI's filings with the SEC, including its Form S-3 registration statement effective June 2, 2000 (file No. 333-34190). Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated by any forward-looking statement. EVCI undertakes no obligation to update the information in this press release. |
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