eKnowledge and FPHR Consulting Sign Joint Venture Contract to Launch PreventionPoint Human Resources Community.Business Editors and High-Tech Writers CORONA, Calif.--(BUSINESS WIRE)--July 19, 2001 eKnowledge Group Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :EKNO), a leading provider of interactive multi-media training and education over the Internet and on CD-ROM CD-ROM: see compact disc. CD-ROM in full compact disc read-only memory Type of computer storage medium that is read optically (e.g., by a laser). , and FPHR Consulting, a wholly owned consulting subsidiary of Fisher & Phillips LLP LLP - Lower Layer Protocol , one of the nation's largest and oldest labor and employment law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
"This is a wonderful asset for eKnowledge. PreventionPoint will generate millions of dollars of profit for eKnowledge," explained Gary S. Saunders, chief executive officer at eKnowledge. "The results of our market research have been overwhelmingly positive, with some of the nation's largest companies already voicing an interest in becoming PreventionPoint clients." "While many Internet community attempts have stalled, Prevention Point has the advantage of strong relationships with thousands of companies who are clients of Fisher & Phillips looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. HR solutions. PreventionPoint will first be offered to these companies. Companies are looking for ways to save money -- and this is a strong option. "This agreement solidifies eKnowledge's position in the corporate e-learning industry which was a $4 billion market in 2000 and is projected to grow to $12+ billion by 2004." PreventionPoint is an Internet-based human resources community offering products and services in three main areas: 1. Online training programs designed to promote compliance with employment laws and shield companies from legal liability, 2. Interactive online employee handbooks An employee handbook (or employee manual) details guidelines, expectations and procedures of a business or company to its employees. Employee handbooks are given to employees on one of the first days of his/her job, in order to acquaint them with their new company and , forms, and manuals, 3. Vendor referrals for human resource-related vendors. "The PreventionPoint training program content, handbooks, forms and manuals valid in all 50 states have been created by attorneys from Fisher & Phillips. eKnowledge is handling the educational design and technical development for the community," stated Kendall Wilkes, production manager at eKnowledge. "This is a perfect marriage of top quality content and cutting-edge technology. PreventionPoint is the Internet living up to its greatest potential." For more information about this exciting news, listen to the interview with Saunders and Kevin Mead, the vice president of sales of eKnowledge at http://www.smallcapvoice.com/. About FPHR Consulting FPHR Consulting is a wholly owned consulting subsidiary of the law firm of Fisher & Phillips LLP. The company is dedicated to providing human resources consulting, products and services aimed at litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. prevention and risk reduction. About Fisher & Phillips LLP Fisher & Phillips LLP was founded in 1943 and was one of the first U.S. law firms to concentrate its practice exclusively upon representation of employers in labor and employment matters. Representing clients such as Hyatt, Icon Office Solutions, Miller Brewing Co., Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. Bank NA, and Airborne Express Airborne Express (IATA: n/a, ICAO: ABX, and Callsign: Abex) was an express delivery company and cargo airline. Headquartered in Seattle, Washington, its hub was at Wilmington, Ohio. , Fisher & Phillips is now one of the largest national law firms in the increasingly complex field of labor and employment law. More information may be found at www.laborlawyers.com. About eKnowledge eKnowledge takes other organizations' training, education, marketing, and other programs and custom builds them for delivery over the Internet or on CD-ROM. As one of the few providers of custom designed programs featuring video-streaming, eKnowledge handles all aspects of development which the client requires, from video production through hosting of the final products. More information may be found at Standard & Poor or by visiting www.eknowledge.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement under 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: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipates" or similar expressions. Such 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. involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of eKnowledge Group Inc. (the company) to differ materially from those expressed or implied by such forward-looking statements (such factors include, among others, the risk factors contained in the company's Annual Reports and other filings with the Securities and Exchange Commission). In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. The company will remain dependent upon future financing for its growth and development, and for it to successfully implement its business plan. No statement contained herein should be construed as indicating that such financing is or will be available, and if available, will be on terms favorable to the company. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof. |
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