Equus Resources Launches Online Education and Training Division
Tuesday February 14, 4:30 pm ET
ATLANTA, GA--(MARKET WIRE)--Feb 14, 2006 -- Equus Resources, Inc. (Other OTC:EQUR.PK - News) ("Equus") announced today that one of its education and training subsidiaries, American International Technical Institute ("AI Tech"), has developed an online division for the Internet delivery of pre-licensing, pre-certification and continuing education courses in real estate, insurance, health sciences, and business management.
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The first online courses will be offered this Spring and are expected to include 300 continuing education courses in health sciences and business. AI Tech plans to expand significantly the number and variety of its online programs over the next three years and to offer courses both domestically and internationally.
AI Tech's online division is also in late-stage negotiations with one of the country's largest health care service providers to provide specialized medical certification training to 250 employees for a fee of $3,000 per employee. New employees would receive the training as hired. This contract represents just one state, and, if granted to AI Tech, could serve as a springboard for AI Tech to seek the same contract for additional states.
AI Tech has entered into an agreement with eCollege to provide the technical and support services necessary for delivery of its online curriculum. eCollege is the first publicly traded eLearning company primarily focused on serving the needs of the higher education market and designs, builds and supports some of the most successful online degree, certificate/diploma and professional development programs in the United States.
In making this announcement, Dr. John England, President of AI Tech, commented, "We have been working very diligently over the past several months to get our online division ready for launch. I am confident that our many years of experience (since 1978) of offering on ground many of the courses which we will now offer online will enable us to establish a standard of excellence in our online programs superior to our competitors. Furthermore, our partnering with eCollege, the premier provider of online platforms for post secondary distance learning, will greatly enhance our prospects for success."
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