DPEC Receives $3 Million Commitment From River Cities Capital; New Venture Funding Enables DPEC To Increase The Pace Of Its Web-based Course Development.COLUMBUS, Ohio--(BUSINESS WIRE)--March 29, 1999--DPEC, the number-one Web-based training provider of self-paced, real-time interactive IT courseware, announced today that it has secured $3 million in venture funding from River Cities Capital. The funds will enable DPEC DPEC Drug Policy Expert Committee (Australia) DPEC Directive on Privacy and Electronic Communications (European Union) DPEC Dairy Process Engineering Centre (Australia) to increase the pace of its Web-based course development and expand its ISP (1) See in-system programmable. (2) (Internet Service Provider) An organization that provides access to the Internet. Connection to the user is provided via dial-up, ISDN, cable, DSL and T1/T3 lines. WebShare Partner and Affinity Channel Partner Programs. "DPEC has clearly defined a leadership position in the rapidly emerging market of interactive Web-based training," said Murray Wilson Murray Wilson (born November 11, 1951 in Toronto, Ontario) is a retired Canadian ice hockey forward. Murray started his National Hockey League career with the Montreal Canadiens in 1972. He would spend six years in Montreal before being traded to the Los Angeles Kings. , a partner at River Cities Capital. "The company's depth of experience, quality of courses, and leadership in partnering with new training channels make DPEC a very attractive investment." Industry analysts agree that the Web-based training market has great investment potential. Senior research analyst at Aberdeen Group Aberdeen Group is a provider of business-related research services. It has its headquarters in Boston, Massachusetts and belongs to the Harte-Hanks group. Founded in 1988, Aberdeen's research is used by over 2. , Jim Ayube, verifies, "Corporate training is in the midst Adv. 1. in the midst - the middle or central part or point; "in the midst of the forest"; "could he walk out in the midst of his piece?" midmost of revolutionary changes. As technology improves, Aberdeen continues to see more enterprises transition to a mixture of traditional and technology-based training. As a result, the Web-based training market is currently experiencing dramatic growth, which should continue for at least the next few years. DPEC appears to be committed to making Web-based training accessible and convenient for individuals and small businesses, and its courses and channel model make it a company with high-growth potential." President of DPEC, Carol Clark, is proud to find that "Small, medium and enterprise businesses alike, are increasing their investment in Web-based training due to its quality, flexibility and cost effectiveness. River Cities Capital's investment in DPEC is further evidence that we are positioned to succeed." DPEC offers the most efficient, valuable, and easy-to-use Web-based IT, desktop, and professional development training courses available. Because they are self-paced, interactive, real-time and many are Microsoft Certified Professional See Microsoft certification. Approved Study Guides and Microsoft Office Microsoft's primary desktop applications for Windows and Mac. Depending on the package, it includes some combination of Word, Excel, PowerPoint, Access and Outlook along with various Internet and other utilities. User Specialist courses, students learn by doing, using high-quality courseware to provide the training needed just in time, anywhere, at any time. DPEC offers 200+ popular courses with topics including Java, HTML HTML in full HyperText Markup Language Markup language derived from SGML that is used to prepare hypertext documents. Relatively easy for nonprogrammers to master, HTML is the language used for documents on the World Wide Web. , the Internet, Microsoft Office, C++, Quicken, Paint Shop Pro, A+ and many others. About DPEC Founded in 1981, DPEC Inc., is the number-one Web-based training provider of self-paced, real-time IT courseware. The company was the first to offer interactive IT courses designed for Web browsers and is the only vendor offering all of its courses for use over the Internet and Intranets. A pioneer in partnering with Internet service providers Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. , DPEC boasts the largest base of exclusive ISP affiliates - over 800 worldwide. DPEC's courses are used for ongoing IT and Web training and just-in-time reference by consumers and businesses ranging in size from startups to multi-national corporations, including over 1000 of the Fortune 2000. DPEC is headquartered in Columbus, Ohio. For more information visit the DPEC Web site at www.dpec.com. DPEC, WebShare Partner Program, Affinity Channel Partner Program and the DPEC logo are the property of DPEC, Inc. All other brands and product names are the property of their respective holders. |
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