The NAFEO-Amesite Alliance Announces Strategic Five-Year Partnership to Enhance Workforce Education with Drake State Community College
Amesite Inc. (NASDAQ: AMST),
artificial intelligence software company offering a cloud-based
learning platform for business and education markets, announces a
five-year partnership with Drake State Community and Technical
College. This collaboration is notable as Drake State is the first
community college and the first higher education institution in
Alabama to leverage the NAFEO-Amesite Alliance.
This partnership represents a strategic move for Drake State,
allowing it to extend its educational reach beyond traditional
classroom settings. It aligns with the college's commitment to
working with regional businesses and addressing local workforce
Dr. Ann Marie Sastry, CEO of Amesite, commented on the new
partnership. "NAFEO, as the Nation’s only advocacy and membership
organization for all HBCUs and predominantly Black institutions,
has created an efficient and effective way of engaging the most
economically significant cohort of institutions that impact
workforce diversity in the United States. We are proud to be part
of this Alliance, and to work with members like Drake State. This
collaboration is an important step for us in Alabama. Our goal is
to extend our learning solutions to NAFEO's members. This agreement
with Drake State is an important part of our commitment to
enhancing education through technology."
Dr. Lezli Baskerville, CEO of NAFEO, said, “The Alliance that we
have established with Amesite is yielding favorable results. During
this season in particular, when it is so critical for professionals
to have certifications that enable them to advance economically, we
are looking forward to engaging other NAFEO members, including 106
HBCUs and roughly 70 PBIs. To engage the most diverse cohort
possible, NAFEO and our members must be effective online,
delivering 95% retention with Amesite technology.”
"Partnering with Amesite enables us to expand our educational
capabilities and reach," said Dr. Patricia Sims, President of Drake
State. "This collaboration aligns with our goal to meet and adapt
to the changing educational and workforce training requirements in
The partnership will focus on developing customized learning
platforms to meet the specific needs of the regional workforce,
offering accessible and high-quality educational resources to
support professional development and skills enhancement.
About Amesite Inc.
Amesite is an ed-tech, SaaS company with the most advanced
artificial intelligence driven online learning platform in the
industry, providing both content creation and a best-in-class
infrastructure for the multi-billion-dollar online learning markets
in business and education. For more information, visit
The National Association for Equal Opportunity in Higher
Education (NAFEO) is the 501(c) (3)-membership association of the
nation’s 106 HBCUs and roughly 70 PBIs. NAFEO serves as “the voice
for blacks in higher education.” NAFEO members enroll more than
700,000 students, 72,000 faculty, and 7 million alumni worldwide.
HBCUs have a $15 billion short-term economic impact. They graduate
50% of African American public school education professionals; 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.
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)
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