DETROIT, Jan. 20,
2022 /PRNewswire/ -- Amesite Inc. (Nasdaq: AMST), a
leading
artificial intelligence software company offering
a cloud-based learning platform and content
creation services for business, university, nonprofit, and
government agency learning and upskilling, announces today its
partnership with the Innovation Foundation ("IF") to provide
its proprietary online learning platform for all of IF's
education initiatives. Founded by Cathie Wood, the Founder,
Chief Executive Officer, and Chief Investment Officer of ARK Invest,
IF's mission is to educate through the lens of technologically
enabled innovation, preparing
and inspiring students, teachers, and families
to be on the right side of change.
"We believe that education through the lens of innovation will
require novel and forward-looking methods of teaching," commented
Cathie Wood, IF's Founder
and Chairperson. "Built by Amesite, Innovation
Foundation Engage – our online learning platform- uses advanced
technology to enhance education focused on innovation.
Amesite's technology will help us engage all who wish to be a part of our mission. Our plan is to partner
with school districts across the nation, offering teachers and
children the training and education to lean into and benefit
from the explosive and exciting changes fomenting around
innovation."
"The Innovation Foundation's flagship program to provide teachers
and students access to innovation learning opportunities is
very much in line with our mission to provide the
best possible technology to drive online learning through an
intuitive and comprehensive approach that provides users with
a wide range of resources available through a
single platform," commented Amesite's Founder and CEO, Dr.
Ann Marie Sastry. "Cathie Wood is a globally respected and
renowned thought leader and role model in the areas of
innovation and finance. Her bold predictions about the future
have been repeatedly realized.
The Innovation Foundation team is ensuring
that people are ready to embrace the changes that are
improving the human condition. We also share IF's beliefs in the
power of learning
to change lives, and the importance of leveraging partnerships to utilize technology, to do so."
Both Ernst & Young LLP and Deloitte have recently reported
that companies utilizing a software as service or (SaaS)
model, rather than ones that develop physical assets, are
more efficient in their operations and have achieved greater
shareholder return compared with asset-heavy organizations.
Among the advantages are lower costs passed to the end
user, the allowance of categorizing their software investments
as operating expenses rather than
capital expenditures, and easy and rapid scalability as the only requirement around
increased utilization is an expansion of licenses based on the user's changing
business requirements.
About Amesite Inc.
Amesite delivers the world's most effective online learning
systems for employees, students, and job seekers. Artificial
intelligence drives the platform: Amesite delivers clean,
accessible interfaces, best-in-class technology, and
unparalleled scalability and integration
capabilities. Our partners give us the best reviews
in the industry, with customer-branded learning community
environments that integrate with your existing tools – and deliver
outstanding results.
The future of learning is here: Amesite
delivers systems for businesses, universities,
non-profits, and government agencies, branded to you, in as little as 24h. For more information, visit https://amesite.com/.
About Innovation Foundation
Founded in 2021 by Cathie Wood, Chief Executive Officer, Chief Investment Officer,
and Founder of ARK Invest, the Innovation Foundation (IF) is a
501(c)(3) nonprofit organization dedicated to powering
intellect for a changing world. IF's mission is to educate
through the lens of technologically enabled innovation,
preparing and inspiring students, teachers, and families to be
on the right side of change. IF seeks to achieve its mission
through a virtuous cycle of education, mentorship,
partnership, and funding. For additional information,
please visit https://theinnovationfoundation.org/.
Forward Looking Statements
This communication contains forward-looking statements
(including within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended) concerning the Company, the Company's
planned online machine learning platform, the Company's business
plans, any future commercialization of the Company's online
learning solutions, potential customers, business objectives and
other matters. Forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as "may,"
"will," "should," "would," "expect," "plan," "believe," "intend,"
"look forward," and other similar expressions among others.
Statements that are not historical facts are forward-looking
statements. Forward-looking statements are based on current beliefs
and assumptions that are subject to risks and uncertainties and are
not guarantees of future performance. Actual results could differ
materially from those contained in any forward-looking statement.
Risks facing the Company and its planned platform are set forth in
the Company's filings with the SEC. Except as required by applicable
law, the Company undertakes no obligation to revise or update
any forward-looking statement, or to make any other
forward-looking statements, whether as a result of new information,
future events or otherwise.
Investor Relations Contact:
CORE IR
info@amesite.com
516-222-2560
Media Contact:
Jules Abraham
Julesa@COREIR.com
SOURCES
E&Y:
https://www.ey.com/en_us/strategy-transactions/how-asset-light-strategies-and-models-can-boost-business-growth
Deloitte:
https://www2.deloitte.com/ch/en/pages/technology-media-and-telecommunications/articles/saas-enabled-solutions-deliver-win-win-for-companies-and-customers.html
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SOURCE Amesite