News Release
Press Release March 14, 2006
Embanet offers the industry's only e-Learning Insurance solution to help Institutions Maximize ROI
Toronto, March 14, 2006 – Embanet Corporation is the only online solution provider to offer the confidence and stability to institutions against the fluctuations in technology through e-Learning Insurance. Embanet supports eight of the industry's leading non-proprietary learning platforms through its integrated Tier 1 hosting, 24/7/365 level 3 retention support and course development solution for online programs.
"Our clients are always at ease as they know that they are in safe hands," says Jeffrey E. Feldberg, Chairman of Embanet Corporation. “Last year's merger between Blackboard and WebCT created uncertainty in the online learning industry. However, our clients, instead of being distracted by this merger, were concentrating on the goals and strategies for their schools and universities as they knew that the merger would have no impact on their retention rates and return on investment through e-Learning Insurance."
Embanet's e-Learning Insurance enables institutions to seamlessly switch learning platforms free of charge without experiencing down time. Customers can choose from any of the eight leading platforms. In the event that technology changes, prices increase or needs change, institutions are protected and ensured that online courses remain uninterrupted. Institutions further benefit from not being locked into a proprietary learning platform that cannot be hosted externally or supported by other service providers.
"Just a few years ago institutions were patching solutions together from various sources to jump-start their online initiatives but now they find themselves locked in contracts and proprietary platforms," Waleuska L. Lazo, CEO of Embanet Corporation. “With constant changes in the technology - institutions are racing to keep up with these changes and are looking for ways to put everything together in a more cohesive way. At Embanet, our clients are protected against any restrictions which would restrict them from growing and achieving their goals."
About Embanet Corporation
Embanet is the leading provider of fully hosted and supported e-Learning solutions to educational institutions. Embanet's Tier 1 Data Center, 24/7/365 LIVE technical support and course development help achieve high online retention and completion rates. Embanet offers the industry's only "e-Learning Insurance™" to safeguard your investment from changing technologies through the total integration of seven leading and non-proprietary learning platforms. For more information, please visit www.embanet.com/newsalert.