Gilat Communications Partners with Campus Online to Deliver Real Time Interactive Distance Learning Solution in Greater China.Business Editors PETACH-TIKVA, Israel--(BUSINESS WIRE)--March 7, 2001 Gilat Communications, Ltd. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :GICOF), today announced that it reached an agreement with Campus Online Limited, a leading educational application service provider in Asia Pacific to offer the Campus Online Distance Learning Solution in Greater China. The new solution offers a number of award-winning features that ensure instructor control of many content choices, real-time interaction with students, and an all-in-one testing and assessment environment. It powers a web-based virtual classroom where students can receive live e-Learning anytime and anywhere. Under the terms of the agreement, Gilat Communications will contribute its strong expertise in the e-Learning and virtual classroom arena, and Campus Online will leverage its strong e-Learning technology and network in localizing and marketing to the Campus Online Distance Learning Solution in Greater China. It is expected that the terms of agreement will allow the partnership to tap into the rapidly growing corporate learning market in the region. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. U.S. Bancorp You can assist by [ editing it] now. Piper Jaffray Piper Jaffray & Co. (NYSE: PJC), often shortened to just Piper Jaffray or PiperJaffray, is a U.S. middle-market investment banking firm based in Minneapolis, Minnesota and is a focused on delivering financial advice, investment products and transaction execution , the global corporate learning market is enormous. Having exceeded U.S. $11 billion in 1999, this market is expected to grow to over U.S. $46 billion by 2005. The new Campus Online Distance Learning Solution offers an ideal interactive e-Learning platform that enables organizations to reach more students with the best instructors, offer consistent training to a wide geographic audience while reducing training budgets by eliminating travel time and the need for retraining re·train tr. & intr.v. re·trained, re·train·ing, re·trains To train or undergo training again. re·train . Its rich, interactive and virtual features not only allow real time interaction between students and instructors, but also provide an all-in-one and simple-to-use environment for e-Learning testing and assessment. Powered by virtual classroom software from Mentergy Inc., an e-Learning company under Gilat Communications Ltd., Campus Online Distance Learning Solution is divided into two streams: TrainNet(TM) for broadband delivery and LearnLinc(R) for narrowband delivery. Featured highlights of the Campus Online Distance Learning Solution include: - Hand Raising/Floor Control (Live Classroom Control) - a student raises an electronic hand and the instructor passes control of the content so the student may make a comment or ask a question; - Screen Monitoring - allows the instructor to capture individual student screens to correct a problem or view an assignment to monitor students' performance; - Assistant Instructor - while the instructor is running the virtual class, one or more assistant instructors will interact with students individually and monitor student text chat, hand raising and feedback to facilitate learning; - Breakout Groups - instructors can set up breakout groups with selected students or an automatic configuration to facilitate team discussions, role-playing, and brainstorming. Breakout groups can be set up "on-the-fly" to last for a specified time before the students are automatically returned to the instructor-led class; - Record & Playback - Campus Online Distance Learning Solution classes can be recorded and stored for later playback, creating instant self-paced content for student review or for instructor training. All instructor/student audio and screen interactions are recorded, such as hand raises, feedback, text chat and synchronized syn·chro·nize v. syn·chro·nized, syn·chro·niz·ing, syn·chro·niz·es v.intr. 1. To occur at the same time; be simultaneous. 2. To operate in unison. v.tr. 1. courseware; - Q&A - allows instructors or students to write questions in multiple choice or true/false format ahead of time, or compose them spontaneously during a class. The results will be displayed in percentages, which can be shared with other classmates Classmates can refer to either:
reviewed individually; - TestLinc(TM) - allows comprehensive tests to be created, delivered, graded and reported using a standard web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. ; - Application Sharing A data conferencing capability that lets two or more users interactively work on the same application at the same time. The application is loaded and running in only one machine; however, keystrokes are transmitted from and screen changes are transmitted to the other participants. - specially tailored for software skills training allows instructors or students to launch multiple software applications and share mouse and keyboard controls for those applications, or the entire desktop: and, - Streaming Video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. - that enables instructors to deliver live or pre-recorded presentations by content experts or play video clips A short video presentation. over the Internet/Intranet. Sandra Lam, Executive Vice President of Campus Online Limited remarked, "We are extremely delighted to be able to partner with such a reputable international leader as Gilat Communications. By combining our e-Learning technology and strong presence in Asia Pacific with Gilat Communications' proven expertise and track record in interactive distance learning, we are fully geared-up to deliver the most innovative e-Learning solution to multi-national companies, as well as government and educational institutions in Greater China." Boaz Sacks, Director of Sales at Gilat Communications Ltd. in Asia, commented: "We see excellent synergies between Campus Online and Gilat Communications in offering e-Learning solutions in Greater China. Relatively speaking, e-Learning in Greater China is still in its infancy, and we are confident that our terms of agreement with Campus Online will introduce a new standard, and help accelerate the development of e-Learning in that region." About Campus Online Campus Online Limited, a subsidiary of Codebank Limited, is a leading educational Application Service Provider in Asia Pacific. With a clear vision for developing IT in education, Campus Online Limited has introduced the most innovative Internet technology for educational institutions and communities in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. . Since the establishment of eCampus in 1997, Campus Online Limited has been serving over 1,200 schools in Hong Kong Tertiary education
University
prime mover a muscle that acts directly to bring about a desired movement. benefits in many Asia Pacific countries. Campus Online is actively participating in the development of China and the establishment of Internet technology for schools in many major cities. Apart from assisting with the rapid development of information technology in China, Campus Online has been a gateway to the synergy of global educational resources. www.CampusOnline.org About Codebank Limited Codebank Limited is the leading Internet Platform Provider (IPP (Internet Printing Protocol) A protocol for printing and managing print jobs over the Internet using HTTP. Initially conceived by Novell, Xerox and others, the IETF made it a standard in 2000 that includes authentication and encryption. See printing protocol and LPD. ) in Asia Pacific. With deep and broad management expertise, aggressive investment in information technology, and a clear vision, Codebank is positioned to be the pioneer and expert in creating and managing the most diverse Internet platforms network of Internet companies: CBIT CBIT Center for Business Information Technologies CBIT Continuous Built-In Test CBIT Center for Business/Industry Training (Brazosport College) CBIT Computer Based Interactive Training Corp - Internet Technology Provider, Campus Online - Education Application Service Provider, and MAP - Multiple Application Platform Provider. With corporate headquarters in Hong Kong and strategic investment across Greater China, Asia and worldwide, Codebank offers winning solutions to empower dot-coms, corporations and the government sectors in a wide spectrum of industries--business, education, family, and community. www.code-bank.com About Gilat Communications Gilat Communications, Ltd. (NASDAQ:GICOF), is a global leader in using advanced, blended e-Learning techniques and technologies. Gilat Communications formed Mentergy, its e-Learning operation, by merging Allen Communication with LearnLinc Corporation. Allen Communication has provided advanced courseware development services and technology-based authoring and design tools for almost 20 years to more than 60% of the Fortune 500. LearnLinc Corporation features live, collaborative Web-based training via the LearnLinc(R) virtual classroom, which is used by hundreds of organizations around the world and interactive distance learning (IDL (1) (Interface Definition Language) A language used to describe the interface to a routine or function. For example, objects in the CORBA distributed object environment are defined by an IDL, which describes the services performed by the object and how the data ) solutions worldwide. TrainNet(TM), Gilat Communications' comprehensive broadband IDL solution allows organizations to conduct instructor-led or self-paced sessions utilizing computers, telephone, Internet connections and broadband communications. John Bryce John Bryce (14 September 1833 – 17 January 1913) was a New Zealand politician from 1871 to 1891 and Minister of Native Affairs from 1879 to 1884. In his attitudes to Maori land questions, he favoured strict legal actions against Maori opposed to alienation, and he personally Training is Gilat Communications' European IT training and content company, and is one of the leading providers of IT training services in Europe and the Middle East. www.gilat.net About Mentergy Mentergy, Inc. is a Gilat Communications, Ltd. (NASDAQ:GICOF) e-Learning company that provides a comprehensive set of e-Learning products, consulting and courseware development services for large enterprises through its LearnLinc and Allen Communication properties. With over 21 years of expertise in the learning industry, Mentergy assists businesses worldwide in making a cost-effective shift from traditional learning, with its inherent expense and loss of productivity, to a blended approach, which includes technology-based training solutions or "e-Learning." Mentergy's customers range from mid-size companies to Global 2000, including Aetna US Healthcare, WorldCom, Made2Manage, Citibank, Countrywide coun·try·wide adv. & adj. Throughout a whole country; nationwide: launched a fundraising campaign countrywide; a countrywide search. Adj. 1. , Rockwell-Collins, Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia, headquartered in Philadelphia, Pennsylvania, is responsible for the Third District of the Federal Reserve, which covers eastern Pennsylvania, southern New Jersey, and Delaware. , Intel and other industry leaders. For more information, visit http://www.mentergy.com. About John Bryce Training John Bryce Training is a leading IT training company in Israel and Europe and a fast-growing enterprise in this field since 1994. The company offers over 200 different programs and courses, each tailor-made to suit its clients' rapidly changing needs. John Bryce trains IT professionals, managers, developers and infrastructure personnel in a wide range of subjects, and is an authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: training solution provider for companies such as Microsoft, Oracle, Sun Microsystems Sun Microsystems, Inc. (NASDAQ: JAVA[3]) is an American vendor of computers, computer components, computer software, and information-technology services, founded on 24 February 1982. , Cisco, Novell, and others. Mentergy(TM) is a trademark and LearnLinc(R) is a registered trademark of Gilat Communications. All other brand names, product names, or trademarks belong to their respective holders. Certain statements made herein that are not historical are forward-looking within the meaning 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. The words "estimate" "project" "intend" "expect" "believe" and similar expressions are intended to identify forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. . These forward-looking statements involve known and unknown risks and uncertainties. Many factors could cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements, including, among others, changes in general economic and business conditions, inability to maintain market acceptance to the Company's products, inability to timely develop and introduce new technologies, products and applications, rapid changes in the market for the Company's products, loss of market share and pressure on prices resulting from competition, introduction of competing products by other companies, inability to manage growth and expansion, loss of key OEM (Original Equipment Manufacturer) The rebranding of equipment and selling it. The term initially referred to the company that made the products (the "original" manufacturer), but eventually became widely used to refer to the organization that buys the products and partners, inability to attract and retain qualified personnel, inability to protect the Company's proprietary technology and risks associated with the Company's international operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. and its location in Israel. For additional information regarding these and other risks and uncertainties associated with the Company's business, reference is made to the Company's reports filed from time to time with the Securities and Exchange Commission. |
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