Amesite Inc. (NASDAQ: AMST) and the National Association for Equal
Opportunity in Higher Education (NAFEO), today announce the launch
of the first pilot program through their alliance. Amesite is
providing the program to Benedict College, a member of the
alliance. The cross-campus pilot offers upskilling in technology,
including internet protocols, data privacy and security and cloud
computing.
Benedict College is one of 12 members who have
joined the Alliance between Amesite and NAFEO, a vehicle that NAFEO
intends to support with a $30M fundraising effort to bring online
learning resources to NAFEO’s constituents, including Historically
Black Colleges and Universities (HBCUs) and Predominantly Black
Institutions (PBIs). Members of NAFEO’s Center for Opportunity and
Equity (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.
Benedict college students will receive Amesite’s
V5 technology platform which offers learners an AI-assist in
explaining challenging concepts and drafting materials, 24/7,
delivering features leveraging GPT-3, the engine for ChatGPT, on
its learning platform, to complement its existing AI
capabilities.
“We are thrilled to kick off this important
initiative with NAFEO to work with Benedict College to provide them
with opportunities to upskill their learners – we expect that it
will be the first of many programs created and delivered through
our alliance with NAFEO. We are also pleased to be delivering this
program with our new AI capabilities,” said Dr. Ann Marie Sastry,
Amesite’s CEO.
“Dozens of our HBCUs and PBIs need effective,
relevant online programs to reach the matriculating and
matriculated learners, alumni and service communities these college
and universities serve,” added Lezli Baskerville, Esq., CEO of
NAFEO. “We are confident that this work will generate incredible
impact and attract investment from both government and private
sources.”
President Roslyn Clark Artis, JD, EdD of
Benedict College commented, “We are thrilled to be selected by the
alliance for this pilot program, and are confident that it will
give our learners and those in our extended service community
additional skills that position them for jobs of the future.
Amesite is providing critical infrastructure and content for us
that eliminates both time and costs associated with outdated
platforms and will accelerate our work in reaching our communities
with high impact learning opportunities.”
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.
About Benedict College
Founded in 1870 by a woman, Bathsheba A. Benedict,
Benedict College is a private co-educational liberal
arts institution, offering 26 competitive baccalaureate degree
programs. The Midlands HBCU welcomes students from all 46 counties
in South Carolina, 30 states across America, and 26 countries
around the world.
There are over 18,000 proud Benedict Tigers
throughout the nation. Benedict College has been a community leader
for over 150 years and is a significant contributor to South
Carolina and the region. Contributing $130 million and 1,218 jobs
in total local and annual economic impact, a Benedict graduate
working full-time throughout his or her working life can expect to
earn $1.1 million in additional income because of their Benedict
College degree. For more information, visit
http://www.benedict.edu/.
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.
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
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