Centra (NASDAQ:CTRA)
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Centra Software, Inc. (NASDAQ: CTRA), a leading provider
of software and services for online learning and training, today
announced that Capitol College, a leading independent college
dedicated to engineering, computer sciences, information technologies
and business, has adopted Centra as their core eLearning tool for all
graduate programs. Centra's solution for online learning and training
is a blended eLearning delivery solution that helps organizations
lower training costs, enhance productivity and accelerate knowledge
transfer across the extended enterprise.
By implementing Centra's online learning solution in 2002 as their
key teaching tool for graduate studies, Capitol College has increased
the number of online classroom sessions from 1-2 per night to a
maximum of 10 classroom sessions per night. This has allowed Capitol
College to expand their overall course offerings, while also improving
the quality of the online classroom sessions. With the freedom to
offer multiple sessions per night, Capitol College now limits the
number of session attendees to 25 students, allowing for a more
personalized classroom experience. "Having fewer students attend each
Centra session gives us the opportunity to mirror the in-classroom
experience to a greater degree," explained Dianne Veenstra, Vice
President for Information and Outcomes Assessment at Capitol College.
"The smaller sessions give instructors more of a chance to foster
one-on-one relationships with students, which was our goal when we
initially chose Centra as our online learning solution."
Now that Capitol College has firmly established its online
learning structure for all graduate programs, the college plans to
offer a hybrid learning environment for undergraduate studies this
summer. Capitol College will offer an advanced math course where the
face-to-face sessions will alternate between Laurel, Maryland and
their satellite campus in Southern Maryland. This hybrid online course
will be taught this summer, alternating each week between Capitol
College's main campus and their satellite campus using Centra. "Centra
provides us with a sense of dependability that other Web conferencing
solutions did not offer," said Veenstra. "Knowing that our students
can easily adapt to using Centra has opened the door for us to expand
online courses to our undergraduate classes."
Not only have Capitol College administrators and instructors
embraced Centra for online learning sessions, students have flocked to
the college specifically to enroll in their graduate programs. Since
implementing Centra nearly three years ago, Capitol College has seen
an upsurge in online classroom attendance which Veenstra credits to
the reliability and functionality of Centra's software. Graduate
student Melissa Grill, who is currently pursuing her Master's degree
in Information Telecommunications Systems Management, -has found great
success during the past two years in the Capitol College graduate
program .. "Centra is such an exciting platform to use. The sense of
the 'real' classroom experience is exactly what I need," explained
Grill. "The interactivity of the Centra sessions addresses my need to
converse with classmates and to ask questions of the instructor, just
like in a real-time classroom environment. And, since I can attend the
sessions at home, it provides me with the flexibility to work
full-time while simultaneously working towards my graduate degree."
Centra is designed as a complete eLearning delivery solution for
continuous individual development and accelerated knowledge transfer.
Centra's online learning and training solution provides capabilities
that capture, share and manage information and skills in a variety of
formats to meet the requirements of specific learners or job tasks.
Centra enables customers to gain knowledge of new products and
services and solves critical collaboration requirements around
corporate eLearning programs, corporate universities, new employee
orientation, soft skills training, executive education and HR benefits
and policy updates.
About Capitol College
Capitol College is a small, independent college in Laurel,
Maryland, providing innovative programs integrating engineering
foundations, technology and business applications. Founded in 1927,
Capitol has a student body made up of goal-oriented students and
working professionals with focused academic and career interests.
Capitol's education integrates knowledge and its application in a
supportive environment of expert faculty, staff and fellow students.
Graduates from Capitol College are leaders in business, government and
the community because they leave Capitol with a solid understanding of
academic theory as well as a practical ability to make things happen.
Learn more about Capitol College at www.capitol-college.edu.
About Centra
Online learning and training solutions from Centra create
workforce efficiencies and enable organizations to share and exchange
business-critical information with geographically distributed
customers, partners, prospects and employees. Centra enables groups to
work faster and more effectively by automating critical learning and
training initiatives online through virtual classrooms, online
meetings and Web conferences. From enterprise-application training and
support to workforce development and more, Centra's software and
services help organizations deliver critical information and skills to
support their most challenging business initiatives. Currently
available in nine languages, Centra solutions can be deployed as
on-site software or through its ASP service. Organizations across
every major industry and market sector choose Centra, including
Wyndham International, Weyerhaeuser, Underwriters Laboratories, BMW
and Stanford University. Headquartered in Lexington, Massachusetts,
Centra serves a worldwide customer base throughout the Americas,
Europe, Asia and Australia. For more information, visit
www.centra.com.
Safe Harbor Statement Regarding Forward-Looking Statements
With the exception of the historical information contained in this
release, the matters described herein contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, including but not limited to, statements about the
beliefs and expectations of management regarding the Company's future
performance, the Company's strategic initiatives, its ability to
achieve and maintain a leadership position in conferencing and
collaboration, demand for the Company's software services and
management's goals and objectives regarding future results of
operations. These statements reflect management's beliefs and
expectations as of the date of this statement, and involve risk and
uncertainties that may cause actual results, events and performance to
differ materially. These risk factors include, but are not limited to,
risks associated with the Company's ability to successfully execute
its strategic plan, the effect of the Company's cost-cutting measures
on its operations, uncertainty of market reaction to the Company's
sales and marketing efforts, product demand for and market acceptance
of the Centra 7.5 platform, the possibility of defects in our
products, which could delay or prevent market acceptance of such
products, the Company's ability to sell and deliver its online
learning and training solutions, add-on modules and other future
products, the effect of economic conditions generally on the market
for IT spending and for the Company's products, the impact of
competitive products and pricing, technological difficulties or other
factors outside the control of the Company.
There is no assurance that the Company will be able to implement
its growth and operating plans as anticipated, or achieve its revenue
and earnings goals. For a description of additional risks, and
uncertainties, please refer to the Company's filings with the SEC,
including its Annual Report on Form 10-K for the year ended December
31, 2004 and its Form 10-Q for the three months ended March 31, 2005,
which are available at www.centra.com/investorrelations. Readers are
cautioned not to place undue reliance on the forward-looking
statements contained herein, which speak only as of the date hereof.
The Company undertakes no obligation to release publicly the result of
any revisions to these forward-looking statements that may be made to
reflect events or circumstances after the date hereof or to reflect
the occurrence of unanticipated events.
Centra is a registered trademark of Centra Software, Inc. All
other trademarks referenced herein are the property of their
respective owners.