ProsoftTraining.com Added to Russell 2000 Index
AUSTIN, Texas--(BUSINESS WIRE)--July 11, 2000--ProsoftTraining.com (Nasdaq:POSO - news), the global leader for Internet certification, training and courseware, today announced that it has been added to the Russell 2000® Index and Russell 3000® Index, published by the Frank Russell Company.
Jerry Baird, Chairman and Chief Executive Officer of ProsoftTraining.com stated, ``Since realigning our business strategy in late 1998, Prosoft has focused on building and developing a global distribution network for our products and services. With five quarters of sequential growth in revenue and profitability in the past three, we are pleased that investor confidence has afforded us a strong share price and a spot in the Russell indexes. We expect to continue to build our brands, develop new strategic alliances and strengthen the Certified Internet Webmaster (CIW) credential as we focus on further increasing shareholder value.''
Following the completion of the pending acquisition of ComputerPREP, Inc. from Drake International, Prosoft will be one of the largest North American publishers of courseware for information technology training, offering more than 1,000 titles covering topics such as CIW certification, A+ certification and Linux. Announced strategic alliances include relationships with Intel, Arthur Andersen, Hewlett-Packard, Smartforce, Fujitsu's KnowledgePool, Productivity Point International and IBM.
About ProsoftTraining.com
ProsoftTraining.com is an e-learning company that sells education and certification programs for Internet and Linux professionals. The company's industry-leading CIW certification program creates and certifies the skills that today's workforce needs to support the growth of B2B and B2C applications. Prosoft education programs include Internet, Linux, security, and networking topics. Each topic is developed using a design methodology that allows courseware materials to be delivered in several online and classroom formats. Using a B2B model, the company distributes its products through one of the largest classroom and e-learning networks in the industry. Programs are offered worldwide through an extensive network of authorized training partners. The network includes leading educators on the Web and in the classroom. Prosoft's Internet certification programs have the endorsement of the 8,500-member Association of Internet Professionals and the 14,000-member International Webmasters Association. Certification testing is available through the Prometric and VUE testing networks. Learn more about Prosoft at www.prosofttraining.com. Learn more about the CIW program at www.CIWcertified.com.
Except for historical information contained herein, the matters discussed in this press release are statements of a forward-looking nature that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, without limitation, the Company's dependence on the timely development, introduction and acceptance of courses and products, the impact of competition and downward pricing pressures, the effect of changing economic conditions, the Company's ability to attract and retain key management and other personnel, risks in technology development, continued adoption of Internet technologies, and the other risks and uncertainties outlined in the Company's filings with the Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10K. The Company undertakes no obligation to update this forward-looking information.
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AUSTIN, Texas--(BUSINESS WIRE)--July 11, 2000--ProsoftTraining.com (Nasdaq:POSO - news), the global leader for Internet certification, training and courseware, today announced that it has been added to the Russell 2000® Index and Russell 3000® Index, published by the Frank Russell Company.
Jerry Baird, Chairman and Chief Executive Officer of ProsoftTraining.com stated, ``Since realigning our business strategy in late 1998, Prosoft has focused on building and developing a global distribution network for our products and services. With five quarters of sequential growth in revenue and profitability in the past three, we are pleased that investor confidence has afforded us a strong share price and a spot in the Russell indexes. We expect to continue to build our brands, develop new strategic alliances and strengthen the Certified Internet Webmaster (CIW) credential as we focus on further increasing shareholder value.''
Following the completion of the pending acquisition of ComputerPREP, Inc. from Drake International, Prosoft will be one of the largest North American publishers of courseware for information technology training, offering more than 1,000 titles covering topics such as CIW certification, A+ certification and Linux. Announced strategic alliances include relationships with Intel, Arthur Andersen, Hewlett-Packard, Smartforce, Fujitsu's KnowledgePool, Productivity Point International and IBM.
About ProsoftTraining.com
ProsoftTraining.com is an e-learning company that sells education and certification programs for Internet and Linux professionals. The company's industry-leading CIW certification program creates and certifies the skills that today's workforce needs to support the growth of B2B and B2C applications. Prosoft education programs include Internet, Linux, security, and networking topics. Each topic is developed using a design methodology that allows courseware materials to be delivered in several online and classroom formats. Using a B2B model, the company distributes its products through one of the largest classroom and e-learning networks in the industry. Programs are offered worldwide through an extensive network of authorized training partners. The network includes leading educators on the Web and in the classroom. Prosoft's Internet certification programs have the endorsement of the 8,500-member Association of Internet Professionals and the 14,000-member International Webmasters Association. Certification testing is available through the Prometric and VUE testing networks. Learn more about Prosoft at www.prosofttraining.com. Learn more about the CIW program at www.CIWcertified.com.
Except for historical information contained herein, the matters discussed in this press release are statements of a forward-looking nature that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. Such risks and uncertainties include, without limitation, the Company's dependence on the timely development, introduction and acceptance of courses and products, the impact of competition and downward pricing pressures, the effect of changing economic conditions, the Company's ability to attract and retain key management and other personnel, risks in technology development, continued adoption of Internet technologies, and the other risks and uncertainties outlined in the Company's filings with the Securities and Exchange Commission, including but not limited to the Company's Annual Report on Form 10K. The Company undertakes no obligation to update this forward-looking information.
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