EDT Learning, Inc. (AMEX:EDT), a leading provider of Web collaboration and virtual classroom software, today announced that it had signed a new contract with the American Hotel & Lodging Association (AH&LA) to provide the Association with iLinc(TM), EDT Learning`s Web conferencing, collaboration, and communication software. The Association plans to use the software to collaborate with its internal staff located in Michigan, Florida, and Washington DC, as well as for their national sales efforts and customer training. AH&LA is a 93-year-old federation of state lodging associations throughout the United States with some 11,000 property members nationwide, representing more than 1.5 million guest rooms. Specific terms of the contract were not disclosed.
“We plan to use iLinc for our internal meetings, sales presentations, and to create an additional revenue stream for our Association by providing online training to our membership,” noted Richard Jackson, vice president and chief information officer for AH&LA. “The cost savings are immediate, the product is powerful, and the increase in our productivity is tremendous. We are always looking for ways to add more value for our members while keeping our costs to a minimum. We estimate that iLinc could save us thousands of dollars every month while increasing productivity and expanding our services to our members.”
AH&LA also purchased i-Canvas(TM), EDT Learning`s proprietary content development software that enables non-technical training professionals to produce self-paced, Web-based training. Content produced in i-Canvas can also be managed and administered through iLinc`s Communication Center. This provides organizations with a centralized solution for synchronous (live) meetings and asynchronous (self-paced) content and documents.
About EDT Learning, Inc.
- Headquartered in Phoenix, Arizona, EDT Learning is a leading provider of software and services that help organizations communicate more effectively and efficiently. The Company provides its products and services to the corporate, government, and education markets in the United States and worldwide through its direct sales efforts and reseller network. EDT Learning`s software products include:
—iLinc(TM) - iLinc is a suite of Web collaboration software that enables organizations to communicate more effectively and efficiently. The suite includes LearnLinc(R), an online training software designed to provide live, instructor-led training and education over the Internet to remote students replicating the instructor-led environment; MeetingLinc(TM), an online meeting software designed to facilitate the sharing of documents, PowerPoint(TM) presentations, graphics, and applications between meeting participants without leaving their desks; ConferenceLinc(TM), a Web casting software designed to communicate in a one-to-many format, providing professional management of Web conferencing events; and SupportLinc(TM), Web-based technical support software designed to give customer service organizations the ability to provide remote, hands-on support for products, systems, or software applications. iLinc is sold in 13 countries with versions available in six different languages including English, Chinese, German, Japanese, Portuguese, and Spanish. LearnLinc, part of the iLinc suite, won first place at the Synchronous e-Learning Shootout held at Online Learning`s Conference in the fall of 2002, winning over such other notable companies as WebEx, PlaceWare, and Interwise.
—i-Canvas(TM) - An award-winning training development software tool that produces Web-based and CD Rom-based courses and software simulations.
—The Executive Training Library - An off-the-shelf online library of content on business-specific topics such as innovation, leadership, and communication, co-developed with respected names in business such as the Tuck School of Business at Dartmouth College.
About the American Hotel & Lodging Association
- AH&LA is a 93-year-old federation of state lodging associations throughout the United States with some 11,000 property members nationwide, representing more than 1.5 million guest rooms. AH&LA provides its members with assistance in operations, education, and communications, and lobbies on Capitol Hill to provide a business climate in which the industry can continue to prosper. Individual state associations provide representation at the state level and offer many additional cost-saving benefits.
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Factors that could contribute to such differences are more fully disclosed in the Company`s reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company`s estimates as of the date of the press release, and the Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company`s estimates of its future financial performance as of any date subsequent to the date of this press release.