Amesite and NAFEO Announce Major Collaboration to Provide Professional Learning Support to Historically Black Colleges and Universities
29 August 2022 - 09:30PM
GlobeNewswire Inc.
Amesite Inc., (NASDAQ: AMST), a leading artificial intelligence
software company offering a cloud-based learning platform for
business and education markets, announces it has partnered with the
National Association for Equal Opportunity in Higher Education
(NAFEO) to deliver a complete Enterprise Learning Community
Environment® (LCESM) for Historically Black Colleges and
Universities (HBCUs).
NAFEO’s LCESM will deliver everything from first outreach
in learner enrollment to certificates of completion – in one
streamlined system – allowing HBCUs to expand partnerships with
business, academic, and community organizations to identify and
address professional skills gaps, as well as support upskilling
needs of expanding alumni markets. The best-in-class, AI-powered
LCESM will be offered to NAFEO’s membership for their use in
scaling learning programs with efficiency and effectiveness.
Lezli Baskerville, Esq., CEO of NAFEO,
stated, “For 53 years, NAFEO has championed the
interests of HBCUs in the legislative, executive, and judicial
branches of government, before international organizations, and
with heads of state. With this collaboration, NAFEO will leverage
its deep ties in government, academia, and philanthropy, to scale
offerings by HBCUs for professional learners who so critically need
them. Amesite is uniquely capable of supporting this mission
because of their technology, services, and track record. Their
LCESM can support NAFEO and its partner HBCUs in delivering
their own branded and sustainable programs to reach millions of
learners around the globe.”
- NAFEO is “the voice for blacks in higher education,” as the
nation’s only membership and advocacy association for the 106
public, private and land-grant, 2-and 4-year, graduate, and
professional Historically Black Colleges and Universities and 80
Predominantly Black Institutions.
- NAFEO members enroll more than 700,000 students, they have
72,000 faculty, and 7 million alumni worldwide.
- HBCUs have a $15 billion short-term economic impact.
- HBCUs graduate 50% of African American public school education
professionals and in excess of 40% of African Americans who earn
advanced degrees in the sciences, technology, engineering, and
mathematics (STEM); 60% of African American health professionals;
52% of African Americans in agriculture and sustainability
disciplines, and 44% of African Americans with Communications
Technology degrees.
Amesite Founder & CEO Dr. Ann Marie Sastry
commented, “This collaboration will rely on the
technology and service capability of our V5 platform to
deliver professional learning for NAFEO’s partners at scale,
remaining true to these storied universities’ missions, visions,
and values and honoring their brands. Serving as NAFEO’s technology
partner means that together, we will be able to deliver affordable
learning programs at scale that are effective and sustainable for
NAFEO and its HBCU member universities.”
About Amesite Inc.
Amesite delivers its scalable, customizable, white-labeled
online learning platform to universities, businesses, museums, and
government agencies, enabling them to deliver outstanding digital
learning. Amesite provides a single system that combines eCommerce,
instruction, engagement, analytics, and administration using
best-in-class infrastructure to serve multi-billion-dollar online
learning markets. For more information, visit www.amesite.io.
About NAFEO The National Association for Equal
Opportunity in Higher Education (NAFEO) is the nation’s only
national membership association of all of the nation’s Historically
Black Colleges and Universities (HBCUs) and Predominantly Black
Institutions (PBIs). Founded in 1969, by the presidents and
chancellors of HBCUs and other equal educational opportunity
institutions, NAFEO is a one of a kind membership association
representing the presidents and chancellors of the public, private,
independent, and land-grant, two-year, four-year, graduate and
professional, HBCUs and PBIs. NAFEO is a voluntary, independent 501
(c ) (3) association. For more information, visit
www.nafeonation.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:Christine
PetragliaTraDigital IR(917) 633-8980christine@tradigitalir.com
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