eCollege(R) System Supports Record One Billion Usage Minutes to Date in 2007
March 05 2007 - 10:19AM
PR Newswire (US)
Metrics Demonstrate Strength of On-Demand Model in Serving
High-Growth Market DENVER, March 5 /PRNewswire-FirstCall/ --
eCollege(R) (NASDAQ:ECLG), a leading provider of value-added
information services to the post-secondary education industry,
today announced that the eCollege System hit an all time high on
Friday, March 2, 2007, supporting a record one billion usage
minutes since January 1, 2007. The Company achieved this record
high user load, which represents hundreds of thousands of students
and instructors, while continuing to provide the highest levels of
system performance, uptime and reliability. "Today's achievement
demonstrates the uniqueness of our on-demand solution in supporting
a high-growth market," said Oakleigh Thorne, chairman and CEO of
eCollege. "We are hitting these impressive metrics at a much faster
pace than ever before, and despite the dramatic increase in usage,
we continue to build on our track record of providing unparalleled
scalability and availability. This is critical to our customers'
large and fast-growing programs, as it helps drive student
satisfaction and retention, and overall program success." eCollege
has long tracked usage metrics to ensure its capacity plans align
with and stay well ahead of anticipated growth as its customers'
programs evolve. According to eCollege's historical metrics, it
took three years from 2001-2003 for eCollege to first reach just
over one billion usage minutes, compared to approximately six
months to achieve one billion minutes in 2005, and two months in
2007. Additionally, since the current eCollege System launched in
mid-2000, eCollege has supported more than 10 billion usage
minutes. eCollege runs a single instance of its on-demand, software
application, allowing customers to focus on delivering a high
quality academic experience, while eCollege focuses on delivering a
highly available online environment. The eCollege System is backed
by multiple levels of redundancy, and is constantly monitored
minute-by-minute from numerous locations around the world to ensure
a positive user experience. The Company continually invests in its
system, recently upgrading its database infrastructure to meet the
evolving needs of its customers. About eCollege eCollege
(NASDAQ:ECLG) is a leading provider of value-added information
services to the post-secondary and K-12 education industries. The
Company's eLearning Division designs, builds and supports some of
the most successful, fully online degree, certificate/diploma and
professional development programs in the country. The Company's
Enrollment Division, Datamark, Inc., helps institutions build new
enrollments and increase student retention. Customers include
publicly traded for-profit institutions, community colleges, public
and private universities, school districts and state departments of
education. eCollege was founded in 1996 and is headquartered in
Chicago, with the eLearning Division headquartered in Denver.
Datamark was founded in 1987 and is headquartered in Salt Lake
City. For more information, visit http://www.ecollege.com/ and
http://www.datamark.com/. This news release contains statements
that are not historical in nature and that may be characterized as
"forward-looking statements" within the meaning of the securities
laws. Examples of these forward-looking statements would include
statements about the expected levels of system usage, the expected
reliability of the Company's system, the timing of product or
service releases, the expected benefits to customers of our
products or services, the expected impact on customers of upgrade
deployments and any other statements that are not historical facts.
These statements are based on management's current expectations and
are subject to a number of uncertainties and risks. Actual
performance and results may differ materially from those reflected
in these forward-looking statements due to general financial,
economic, regulatory and political conditions affecting the
Company's industries as well as the more specific risks and
uncertainties facing the Company, including those identified in the
Company's reports on Form 10-K, Form 10-Q and Form 8-K filed with
the U.S. Securities and Exchange Commission ("SEC"), which you are
encouraged to review in connection with this release. You should
not place undue reliance on forward-looking statements, which are
based on current expectations and speak only as of the date of this
release. We are not obligated to publicly release any revisions to
forward-looking statements to reflect events after the date of this
release. eCollege is a registered trademark of eCollege.
DATASOURCE: eCollege CONTACT: Kristi Emerson of eCollege,
+1-303-873-3788, Web site: http://www.ecollege.com/
http://www.datamark.com/
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