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Computer Curriculum Corporation Signs Major Agreement with UK's Leading Educational Software Vendor; Firms to Localize Educational Software Content for UK Students.


SUNNYVALE Sunnyvale, city (1990 pop. 117,229), Santa Clara co., W Calif., near San Francisco; settled 1849, inc. 1912. A city in Silicon Valley, its many manufactures include semiconductors; machinery and instruments; electrical, electronic, and aerospace products; , Calif.--(BUSINESS WIRE)--Aug. 27, 1997--Computer Curriculum Corporation (CCC CCC

A very speculative grade assigned to a debt obligation by a rating agency. Such a rating indicates default or considerable doubt that interest will be paid or principal repaid. Also called Caa.
), the leading provider of educational software and services to the school market, today announced an exclusive licensing agreement with Research Machines plc. (RM), the leading supplier of software, services and systems to the UK education system.

Under the terms of the agreement, RM will pay CCC in excess of U.S. $50 million over a ten year period for UK licensing and marketing rights to the company's educational software. The agreement, which is the largest in CCC's history, represents a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 partnership to capitalize on Cap´i`tal`ize on`   

v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>.
 the $220 million education technology market opportunity in the UK.

RM will be distributing both CCC K-12 software and adult-education software from CCC subsidiary Invest Learning Corporation -- both units of Simon & Schuster Simon & Schuster

U.S. publishing company. It was founded in 1924 by Richard L. Simon (1899–1960) and M. Lincoln Schuster (1897–1970), whose initial project, the original crossword-puzzle book, was a best-seller.
, the world's largest educational publisher. The agreement gives RM UK rights to distribute the CCC SuccessMaker and Invest Destinations product lines under license on a royalty basis. More than 46,000 students currently use CCC software in the UK.

"RM has a wealth of experience in the UK education market, having trained thousands of educators and created a specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 business unit to support the sale of educational software. Their local expertise is critical for the successful implementation of educational software in UK schools," said Dr. Ronald Fortune, CCC president 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. . "Working with RM, CCC intends to lead the educational software market in the UK, just as we do in the U.S."

RM, which also sells PCs, networks and productivity software, has developed a special business unit of 40 people who will focus on selling CCC educational software.

As part of the agreement, the companies will work together to modify the software so that it incorporates content that addresses the education needs of the UK market. These changes are expected to include new audio with a British speaker, English 1. English - (Obsolete) The source code for a program, which may be in any language, as opposed to the linkable or executable binary produced from it by a compiler. The idea behind the term is that to a real hacker, a program written in his favourite programming language is  spellings, and the use of English colloquialisms and content.

"RM has successfully pioneered learning software in UK schools. This alliance gives us the opportunity to take the world's best learning software for schools and develop its content in line with the UK's cultural needs. This will be a critical step in achieving universal acceptance of learning software in the UK," said Mike Fischer Mike David Fischer CBE, co-founder of Research Machines.

Mike Fischer graduated with a physics degree from Oxford University.

In 1973, with Mike O'Regan (who had an economics degree from Cambridge), Fischer co-founded Research Machines, a British microcomputer and
, chief executive of RM plc.

Independent studies show that CCC software has had a significant positive impact on student learning in UK schools. In extensive trials run by the National Council for Education Technology (NCET NCET National Center for Experiments in Television
NCET National Council for Education Technology
NCET National Coalition for the Elimination of Tuberculosis
NCET National Coastal Ecosystems Team
NCET North Carolina Educational Technicians
) on behalf of the UK government's Department for Education and Employment, CCC software was shown to deliver the equivalent of a 20 month learning gain in mathematics in just a six month period among pupils who used the software for 15 minutes per day.

CCC's educational software incorporates video, sound and interactive animation into more than 4,000 hours of instruction and learning activities. The CCC SuccessMaker product line includes 50 courses and titles in reading/language arts, mathematics, science, life skills, and English as a Second Language/bilingual, with full-year instruction for grades K-12 and adult learning. The software provides a balanced approach to learning, with fundamentals, open-ended learning and a built-in management system that enables teachers to effectively plan and monitor instruction.

Computer Curriculum Corporation is the leading provider of educational software and services to the school market and a unit of Simon & Schuster. CCC's software is installed in more than 16,000 schools and has been used by more than 10 million students worldwide. CCC has been delivering education technology solutions for 30 years and is extending its reach to a community of learners by offering educational projects over the World Wide Web via CCCnet (www.cccnet.com), adult education solutions through CCC's Invest Learning division and after school education programs through Score@Kaplan nationwide educational centers.

Simon & Schuster, the world's largest educational publisher, is the publishing operation of Viacom Inc. Viacom is one of the world's largest entertainment and publishing companies and a leading force in nearly every segment of the international media marketplace.

Reader Contact Information: Readers can call Computer Curriculum Corporation at 800/455-7910 or visit the company's web site at http://www.cccnet.com . -0-

Note to Editors: The Computer Curriculum Corporation logo and Computer Curriculum Corporation are registered trademarks of Computer Curriculum Corporation. All other trademarks are the property of their respective holders.

CONTACT: Computer Curriculum Corporation

Lorraine Bolster This article is about the pillow called a bolster. For other meanings of the word "bolster", see bolster (disambiguation).

A bolster (etymology: Middle English, derived from Old English, and before that the Germanic word bulgstraz
, 408/541-3951

lorraine_bolster@cccpp.com

or

The Weber Weber, river, United States
Weber (wē`bər), river, c.125 mi (200 km) long, rising in the Uinta Mts., N central Utah, and flowing north and northwest to join the Ogden River at Ogden. The combined stream flows to the Great Salt Lake.
 Group, Inc.

Jill Shanks
For other meanings, see Shanks (disambiguation)


The shanks and tattlers are wading bird species in a number of genera characterised by a medium length bill and long, often brightly coloured legs.
, 415/463-8625

jshanks@ca.webergroup.com
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1997, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 27, 1997
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