|
|
Press Releases
For
Immediate Release
February 28, 2001
Gemini Takes Equity Stake in Leading Graphic Communications Training Company
Calgary, Alberta, Canada, and Sarasota, Florida, USA - Gemini Learning Systems Inc.
("Gemini") and IO Technologies ("IO") have announced that they will partner
to deliver on-line competency-based training, testing and certification
courses for the graphical communication and arts industry.
IO, who are backed by distribution partners that include
Canon U.S., Heidelberg, Digital Art Exchange (DAX) and Tech Services International
(TSI), have created an entire series of process-based certification training
programs aimed at core processes in color imaging, printing, digital workflow
and other key areas that we believe are the first of their kind in the
industry.
''We went to the market looking for a technology partner
that would ideally suit our requirements and were courted by a number
of very large players,'' said Eric Kenly, President and CEO of IO. Gemini's
SWIFT Technology combined with their business philosophy, won hands down.
Not only does Gemini's SWIFT Technology outperform their closest competitor,
their overall eLearning solution and hosting capabilities allows us to
go to market much faster then we originally anticipated. We now expect
to have the first modules available March 1, 2001.''
''This partnership marks Gemini's entrance into the content
arena with competency-based training and testing that capitalize on our
technology strengths,'' said Kim Adolphe, President and CEO of Gemini.
''It is my belief that most eLearning courseware in the market today do
not produce measurable outcomes. This is largely due to the fact that
courseware is created based on what the developer knows instead of what
the learner needs to know, as well as the limited adaptive and testing
capabilities of the underlying technology itself.''
About Gemini Learning Systems Inc.
Established in 1990, Gemini is a pioneer in the eLearning industry. Over the last ten years the company has focused on the research and development of eLearning technologies and products. Based upon an award-winning design, the company created SWIFT, an Adaptive Learning Environment and Adaptive Testing Engine. GeMS (Gemini eLearning Management System), SWIFT, SWIFT Author, and SAGE (Sage And Guided Educator), offer everything organizations need to create, deliver, sell, manage, track, and continuously improve adaptive learning over the Internet. The company provides the first end-to-end solution that delivers highly flexible, scalable, adaptive eLearning with XML-based content creation, comprehensive testing, tracking and management features. Gemini is a wholly-owned subsidiary of Florida-based Salient CyberTech, Inc. SWIFT is a trademark of Gemini Learning Systems Inc.
About IO Technologies
A content development and training company committed to the creation
and distribution of process oriented educational assets tailored to the
needs and trends of the Graphic Communications Industries. Founded in
1997, the firm is committed to the use of any media for the dissemination
of educational assets and works with qualified partners in the development,
maintenance and distribution of educational materials.
Forward Looking Statements This news release contains
certain ''forward-looking'' statements within the meaning of the Private
Securities Litigation Reform Act of 1995, which provides a new ''safe
harbor'' for these types of statements. To the extent statements in this
news release involve, without limitation, product development and introduction
plans, the Company's expectations for growth, estimates of future revenues,
expenses, profits, cash flow, balance sheet items, sell-through or backlog,
forecasts of demand or market trends for the Company's product categories
and for the industries in which the Company operates, or any other guidance
on future periods, these statements are forward-looking statements. The
Company assumes no obligation to update forward-looking statements.
All trademarks, trade names, service marks and logos referenced herein
belong to their respective companies.
Press Contacts:
Gemini Performance Solutions Inc.
Kim Adolphe
(403) 263-8649
|
