Amesite and NAFEO Announce Addition of New Member Universities to Alliance
15 September 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 that five new member
universities have joined their collaborative alliance with the
National Association for Equal Opportunity in Higher Education
(NAFEO). New members include:
- Alabama State University
- Allen University
- Benedict College
- Clark Atlanta University
- University of the District of Columbia
which have agreed to join NAFEO’s Center for Opportunity and
Equity (COE), a vehicle that NAFEO intends to support with a $30M
fundraising effort to bring online learning resources to a first
group of NAFEO’s constituents, including Historically Black
Colleges and Universities (HBCUs) and Predominantly Black
Institutions (PBIs). Members of NAFEO’s COE will have the
opportunity to utilize NAFEO’s planned Learning Community
Environment®, powered by Amesite, to deliver eLearning to build
professional skills. The NAFEO members collectively enroll more
than 700,000 students, and have over 7 million living alumni, all
of whom are anticipated to benefit from the COE.
Lezli Baskerville, Esq., CEO of NAFEO,
stated, “We are growing this alliance to deliver
critical online learning infrastructure to our members through
NAFEO’s Center for Opportunity and Equity because it is the most
efficient way to build enrollments and impact. Each university
building its own infrastructure would take a great deal of time and
be an inefficient use of resources. By working together and
leveraging the strong history of trust and collaboration within
NAFEO to engage and uplift our members, we ultimately intend to
deliver millions of effective and affordable elearning
opportunities. These will advance our constituencies economically,
while enabling our universities to retain their storied brands and
build greater impact.”
Amesite Founder & CEO Dr. Ann Marie Sastry
commented, “We are thrilled with the speed that this
alliance within NAFEO is growing, honored to serve as their
technology, content and services provider, and believe that it will
lead to exponential growth in Amesite’s ability to serve NAFEO’s
106 member HBCUs and 81 PBIs. We are delighted to support this
ambitious effort with our enterprise-scale platform, and expect to
be extremely active in setting up services and delivering learning,
as NAFEO gathers resources to support vitally needed online
programs.”
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 StatementsThis 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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