from DSSResources.comeCollege(R) advances data-driven decision making with next release of Program Intelligence ManagerDENVER, CO, Oct. 19, 2005 -- eCollege(R) (Nasdaq: ECLG), a leading provider of value-added information services to the post-secondary education industry, today announced the release of Program Intelligence Manager v1.5, an interactive data analysis toolset that enables institutions to easily identify and act on key drivers affecting student satisfaction, course and program quality, and completion and retention rates. The new functionality further supports data-driven decision making by providing institutions with increased analysis capabilities to assess the trends driving program success and profitable growth. "Program Intelligence Manager has been very well received by the market as institutions realize the importance of data analysis and our unique approach of providing valuable insight into an extensive data set," said Oakleigh Thorne, chairman and CEO of eCollege. "The release of Program Intelligence Manager v1.5 advances the data-driven decision making process, allowing administrators to leverage more current and historical information to better understand program performance and make the improvements necessary for the institution's long-term growth and success." Program Intelligence Manager, which launched during the 2005 summer term, enables institutions to turn data into actionable information. Program Intelligence Manager v1.5, which provides institutions greater access to a wider range of data and enhanced analysis capabilities, is being released in phases during this fall term. Advancements include: * Multi-Dimensional Activity Analysis: enables user activity analysis by day at a high level across multiple courses, programs and schools in order to assess trends and establish best practices for continual improvement * Multi-Dimensional Search Capabilities: provides greater flexibility in referencing data in order to more efficiently analyze and report on course and program metrics Program Intelligence Manager is a cornerstone of eCollege's eLearning product strategy, which focuses on student retention, operating efficiencies and program reporting to help an institution drive its top and bottom line growth and support regulatory compliance. eCollege plans to evolve Program Intelligence Manager by providing administrators greater data analysis and reporting capabilities. Program Intelligence Manager v2.0, which is scheduled for release in late 2006, will provide the following advancements: * Expanded Key Metrics: enables administrators to gain insight into student grade data and instructor responsiveness data across courses, programs and schools, and assess the impact these variables have on overall performance * Administration Dashboard: enables administrators to centrally view a program's key performance indicators, as well as create and reference strategic reports eCollege will be leading a presentation at this week's Educause conference whereby participants will learn more about the ways in which effective data collection and analysis can provide them with the necessary insight to make data-driven decisions about their online programs, fueling higher student retention and improved learning outcomes. The presentation, "Data Driven Decision Making: Using Analytics to Drive Retention and Student Outcomes," will take place on Thursday, October 20, 2005 at 3:55 p.m. Eastern time in Meeting Room W204A of the Orange County Convention Center in Orlando, Fla. About eCollege eCollege (Nasdaq: ECLG) is a leading provider of value-added information services to the post-secondary and K-12 education industries. The Company's eLearning Division designs, builds and supports some of the most successful, fully online degree, certificate/diploma and professional development programs in the country. The Company's Enrollment Division, Datamark, Inc., helps institutions build new enrollments and increase student retention. Customers include publicly traded for-profit institutions, community colleges, public and private universities, school districts and state departments of education. eCollege was founded in 1996 and is headquartered in Chicago, with the eLearning Division headquartered in Denver. Datamark was founded in 1987 and is headquartered in Salt Lake City. For more information, visit http://www.eCollege.com and http://www.Datamark.com. This news release contains statements that are not historical in nature and that may be characterized as "forward-looking statements" within the meaning of the securities laws. Examples of these forward-looking statements would include statements about the expected benefits to customers of our products or services, the timing of any product releases and any other statements that are not historical facts. These statements are based on management's current expectations and are subject to a number of uncertainties and risks. Actual results may differ materially. Important factors that could cause actual results to differ materially from estimates or projections contained in the forward-looking statements include, but are not limited to: the difficulty in predicting future growth due to the early stage of and rapid changes in the market for our products and services; our eLearning customers' ability to continue to build, grow and market their online programs; the difficulty in predicting changes in the marketing budgets and the mix of marketing products and services employed by customers of our Enrollment Division; substantial competition, including pricing competition, in the online education and enrollment and retentions services markets; technological developments, emerging industry standards and government regulations, and customer requirements, which continually require us to improve our software and services; a significant portion of our revenue is generated from a relatively small number of customers; our debt obligations could adversely affect our financial health and our ability to obtain financing and react to changes in our business; the possibility that we may not be able to achieve continued growth or profitability, or maintain current levels of revenue; our ability to protect our intellectual property and other proprietary rights from infringement; the impact of laws and regulations affecting education and the Internet; the ability of the Company to retain key executives at eCollege and Datamark; our lengthy sales cycle; our network infrastructure and computer systems failing; the vulnerability of our network to security risks; the possibility that we may not be able to raise additional capital on acceptable terms; Datamark's ability to develop and sustain long-term customer relationships; the cost of marketing activities, including mailing lists, materials and postal rates; and such other factors as are discussed in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q filed with the US Securities and Exchange Commission, which you are encouraged to review in connection with this release. We believe that these forward-looking statements are reasonable; however, you should not place undue reliance on forward-looking statements, which are based on current expectations and speak only as of the date of this release. We are not obligated to publicly release any revisions to forward-looking statements to reflect events after the date of this release. eCollege is a registered trademark of eCollege.
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