Educational Video Conferencing In Co-Marketing Agreement with We Media
Under the terms of the agreement, We Media will commit to expenditures of at least $1.5 million per year to market the accredited college courses, degree programs and other training programs offered by EVCI in its various electronic and print media properties. Additionally the agreement calls for increased expenditures in increments of $1.5 million per year based on the success of the collaboration.
According to Cary Field, president of We Media, ``The access which EVCI offers to educational and training opportunities through interactive, two way technology fits perfectly with our mission of providing individuals with disabilities access to the information and entertainment which they need to lead full and prosperous lives.'' Mr. Cary said he felt because of the strong synergies between We Media and EVCI, that 15,000 course registrations may be achievable during the first year of We Media's marketing program.
Dr. John McGrath, president of EVCI said, ``Our agreement with We Media is gratifying because we believe it removes the one barrier, location, which traditionally has been most challenging for Americans with disabilities to overcome.'' Dr. McGrath added he felt the clear consumer benefits EVCI could deliver to people with disabilities might allow the company to materially penetrate this important and large market.
EVCI currently delivers college courses and professional training via interactive multi-point video conferencing to Merrill Lynch, Citibank, N.A., Lockheed Martin Corp., and AIG among other Fortune 100 companies as well as community groups and government organizations. Educational institutions that provide content include Adelphi University, Manhattan College, The College of Insurance, Mercy College, Kaplan Educational Centers, Dearborn Institute, Touro College and University (including Touro Law School) among others.
We Media uses a magazine, a web site and radio and television programs to raise disabilities awareness and providing access and choice to information, products and services.