Amesite Announces FERPA and COPPA Compliance
15 March 2023 - 10:30PM
Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence
software company offering a cloud-based learning platform for
business and education markets, announces today that its
white-label platform is delivering COPPA and FERPA compliant
learning programs for its partners around the nation. Compliance
requirements are designed to protect children’s safety and personal
data online, providing for parental consent for children under the
age of 13 who use online platforms. Amesite has achieved this
compliance by developing a system which requires parents to give
explicit consent for enrollment of their children under the age of
13 and providing avenues for parents to manage their child’s access
This compliance allows Amesite's Customers to sell learning
products into 16,800 school districts in the United States,
educating 49.5 million K12 learners [1,2]. The ability for Amesite
and its partners to scale and drive revenue through schools is
tremendous, with Amesite’s subscription-based model.
“By providing our Customers with our compliant platform, we are
enabling all of them – universities, museums, and corporations – to
deliver learning programs into K-12 schools that are paid for by
donors, by schools or by direct government support,” said Amesite
CEO Dr. Ann Marie Sastry. “Non-profits can scale their delivery of
learning by offering sponsored programming in schools – which is
central to their missions.”
“Subscription in K-12 learning is one of the greatest
opportunities for our Customers to grow their digital learning
programs,” commented Brandon Owens, Amesite’s Vice President of
Sales. “K-12 sales represent multimillion-dollar revenue-generating
opportunities for our Customers, and for Amesite. Our Customers can
use their systems to deliver both adult and children’s
President Biden’s FY 2023 Innovation and Improvement Budget for
2023 is $1.5B .
President Biden’s FY 2023 Career, Technical, and Adult Education
for 2023 is $2.3B .
Amesite previously announced that its V5 Customers now have the
option to offer learners GPT-3, the engine for ChatGPT, on its
learning platform, to complement its existing AI capabilities, and
offering engagement and scalability for large user bases.
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
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