Caliber Partners With The Fantastic Corporation To Expand Delivery Capabilities of Premier eLearning Service
BALTIMORE, 2. August 2000 - Caliber Learning Network, Inc. (Nasdaq: CLBR), the leading developer and global distributor of corporate eLearning solutions, today announced a new technology alliance with The Fantastic Corporation (NEMAX: FAN), a global provider of proven, end-to-end broadband multimedia delivery solutions. This announcement is another step in Caliber's long-term strategy in maintaining core eLearning expertise in-house while partnering with best-of-breed providers to fulfill the complete cycle of its Global 2000 clients' eLearning and distance training needs.
Under the terms of the agreement, Caliber will incorporate Switzerland- based Fantastic Corporation's broadband software solutions into its eLearning services to enable the aggregation, management and distribution of multimedia content over broadband IP networks including satellite, digital terrestrial, cable and xDSL Wireless Local Loop (WLL) networks. Fantastic's solution enables video and audio streaming to any IP-enabled device including PCs, TVs, set-tops and personal digital assistant devices.
"Our software platform empowers exciting delivery models that are driving the broadband market to its next evolution," said David Wilf, CEO of Fantastic USA. "Our relationship with Caliber is a natural fit, and we are pleased to supplement their services as well as incorporate their expertise with our own. The Caliber eLearning platform will add breadth to our own service offering." "The Fantastic alliance allows Caliber the access to broadband multicasting networks, which will be a huge benefit to our Global 2000 clients," said Caliber President and CEO Chris Nguyen. "This alliance will extend our service offerings as we now provide the highest quality eLearning technology platform in the industry."
About Caliber Learning Network, Inc.
Caliber (Nasdaq: CLBR) is the leading global provider of end-to-end corporate eLearning solutions. Its solutions and content are delivered through Internet-based technologies to desktops and a network of learning centers. Caliber enables Global 2000 companies to dramatically increase the reach and reduce the costs of traditional training programs, using technologies spanning a wide spectrum of delivery methods including a fully outsourced hosted service, Internet, Intranet and digital satellite. The company also provides standard and custom content consulting. Selected Caliber strategic content and technology partners: The Wharton School, Johns Hopkins University, Georgetown University, Saba Software Inc., Docent Inc., Digital Island, Primedia Workplace Learning, Novell Inc. and Enron Inc. Headquartered in Baltimore, Caliber was founded in 1996 and has Internet-ready learning centers and production facilities throughout North America and Europe. For more information, visit www.caliber.com.
About The Fantastic Corporation
The Fantastic Corporation (Zug, Switzerland) is the leading provider of software solutions for data broadcasting. This is an emerging communications technology which combines point-to-multipoint digital broadcasting with point-to-point Internet connectivity, in order to deliver rich interactive media content to PCs, digital set-top boxes or handheld devices (including 3G mobile phones) over any broadband IP network.
By merging the inherent bandwidth and speed benefits of broadcasting technologies with the interactivity of the Internet, data broadcast provides superior content distribution and interaction in an increasingly IP-centric world. Fantastic's end-to-end software supports the rapid growth of the "data broadcast" industry.
Fantastic's customers are typically divided into two categories. The first includes network operators, satellite companies and any other company providing broadband data transmission services. The second category consists of content providers, such as media or entertainment companies, or any organisation transmitting large volumes of digital data to target receiver groups quickly and efficiently.
Fantastic is a public company, quoted on the Frankfurt Stock exchange the symbol: FAN
Or visit our web site at www.fantastic.com
BALTIMORE, 2. August 2000 - Caliber Learning Network, Inc. (Nasdaq: CLBR), the leading developer and global distributor of corporate eLearning solutions, today announced a new technology alliance with The Fantastic Corporation (NEMAX: FAN), a global provider of proven, end-to-end broadband multimedia delivery solutions. This announcement is another step in Caliber's long-term strategy in maintaining core eLearning expertise in-house while partnering with best-of-breed providers to fulfill the complete cycle of its Global 2000 clients' eLearning and distance training needs.
Under the terms of the agreement, Caliber will incorporate Switzerland- based Fantastic Corporation's broadband software solutions into its eLearning services to enable the aggregation, management and distribution of multimedia content over broadband IP networks including satellite, digital terrestrial, cable and xDSL Wireless Local Loop (WLL) networks. Fantastic's solution enables video and audio streaming to any IP-enabled device including PCs, TVs, set-tops and personal digital assistant devices.
"Our software platform empowers exciting delivery models that are driving the broadband market to its next evolution," said David Wilf, CEO of Fantastic USA. "Our relationship with Caliber is a natural fit, and we are pleased to supplement their services as well as incorporate their expertise with our own. The Caliber eLearning platform will add breadth to our own service offering." "The Fantastic alliance allows Caliber the access to broadband multicasting networks, which will be a huge benefit to our Global 2000 clients," said Caliber President and CEO Chris Nguyen. "This alliance will extend our service offerings as we now provide the highest quality eLearning technology platform in the industry."
About Caliber Learning Network, Inc.
Caliber (Nasdaq: CLBR) is the leading global provider of end-to-end corporate eLearning solutions. Its solutions and content are delivered through Internet-based technologies to desktops and a network of learning centers. Caliber enables Global 2000 companies to dramatically increase the reach and reduce the costs of traditional training programs, using technologies spanning a wide spectrum of delivery methods including a fully outsourced hosted service, Internet, Intranet and digital satellite. The company also provides standard and custom content consulting. Selected Caliber strategic content and technology partners: The Wharton School, Johns Hopkins University, Georgetown University, Saba Software Inc., Docent Inc., Digital Island, Primedia Workplace Learning, Novell Inc. and Enron Inc. Headquartered in Baltimore, Caliber was founded in 1996 and has Internet-ready learning centers and production facilities throughout North America and Europe. For more information, visit www.caliber.com.
About The Fantastic Corporation
The Fantastic Corporation (Zug, Switzerland) is the leading provider of software solutions for data broadcasting. This is an emerging communications technology which combines point-to-multipoint digital broadcasting with point-to-point Internet connectivity, in order to deliver rich interactive media content to PCs, digital set-top boxes or handheld devices (including 3G mobile phones) over any broadband IP network.
By merging the inherent bandwidth and speed benefits of broadcasting technologies with the interactivity of the Internet, data broadcast provides superior content distribution and interaction in an increasingly IP-centric world. Fantastic's end-to-end software supports the rapid growth of the "data broadcast" industry.
Fantastic's customers are typically divided into two categories. The first includes network operators, satellite companies and any other company providing broadband data transmission services. The second category consists of content providers, such as media or entertainment companies, or any organisation transmitting large volumes of digital data to target receiver groups quickly and efficiently.
Fantastic is a public company, quoted on the Frankfurt Stock exchange the symbol: FAN
Or visit our web site at www.fantastic.com
