Amesite
and NAFEO Announce Addition of New Member Universities to
Alliance
DETROIT, September 15, 2022
-- InvestorsHub NewsWire -- 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
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 Petraglia
TraDigital IR
(917) 633-8980
christine@tradigitalir.com