Cengage Learning and Greenwood Hall Expand Educational Offerings for Higher Education through Student-Focused Strategic Alliance
Collaborative partnership to help colleges and universities address pressing challenges, offer more personalized learning experiences and real-time learner engagement
Boston, MA, March 3, 2015 — With extensive leadership in student-focused educational content, technology, services and lifecycle management solutions to improve student and academic outcomes, Cengage Learning, a leading education company, and Greenwood Hall (OTCBB:ELRN), an emerging cloud-based education management solutions provider, today announced a strategic partnership to collaborate on the delivery and development of student-focused products and services. The partnership is designed to provide schools with practical solutions to some of higher education’s most significant challenges – improving student success, personalized learning, transparency, financial sustainability, and the deployment of technology enabled tools.
With a shared commitment to providing students with the most engaging, intuitive and streamlined solutions, Cengage Learning and Greenwood Hall will work together to leverage their collective products and services to provide institutions with increased product and content options, technology-enabled support tools and unique service offerings to enhance the student experience. Moreover, this partnership will pool the industry knowledge and expertise across both organizations’ to maximize efficacy and resources for the student end-user.
Through this partnership, Cengage Learning and Greenwood Hall together provide a single-source for institutions looking to build, launch and grow innovative learning solutions. The alliance will focus on enhancing the student experience through more personalized options for students, on-demand services and real-time student lifecycle management – all designed to maximize learner engagement and connect institutions closer to students across all learning delivery methods.
“Greenwood Hall’s commitment to delivering the most efficient management of the student lifecycle integrates seamlessly with our student-focused vision at Cengage Learning. This partnership allows a school to partner with us at every stage in a student’s education experience,” said Pam Snow, senior vice president, director of Strategic Customer Partnerships, Cengage Learning. “At Cengage, our goal is to develop the highest quality learning solutions that help students maximize engagement and reach their full academic potential. Our partnership with Greenwood Hall allows us to engage students in new ways and bring innovation to the full student learning experience, beginning with the recruiting process and financial aid, to on-boarding, retention management, courseware utilization and career placement services.”
“We are very pleased to partner with Cengage Learning, one of the top worldwide providers of educational content,” said Dr. John Hall, Ed.D., CEO of Greenwood Hall. “At Greenwood Hall, we focus on making the entire student experience as engaging, streamlined and accessible as possible. We believe that our alliance with Cengage helps us further advance Greenwood Hall’s mission to develop and deliver turnkey lifecycle and cloud-based solutions that help our university partners enhance learning options, student success and improve outcomes through platforms that offer state-of-the-art flexibility, transparency, cost-benefits and analytics. It also presents a unique opportunity for us to help schools grow, expand, and thrive in a rapidly changing higher education environment.”
Forward Looking Statements
Certain statements contained in this document, including, but not limited to, predictions and projections that may be considered forward-looking statements under securities law, involve a number of risks and uncertainties that could cause actual results to differ materially, including, but not limited to, lack of consumer acceptance and demand for Greenwood Hall (“the Company”, “our”, “we”) products and solution offerings developed with strategic partners, insufficient working capital to expand the Company’s technology and engage in product marketing, intense competition from larger and more well-established companies, and other economic, competitive and technological factors involving the Company’s operations, markets, services, products and prices, and other factors, as described in “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission (“SEC”), as well as in our other filings with the SEC. In addition, actual results may differ as a result of additional risks and uncertainties of which we are currently unaware or which we do not currently view as material to our business. For these reasons, investors are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements we make speak only as of the date on which they are made. Greenwood Hall expressly disclaims any intent or obligation to update any forward-looking statements after the date hereof to conform such statements to actual results or to changes in our opinions or expectations, except as required by applicable law. If we do update or correct any forward-looking statements, investors should not conclude that we will make additional updates or corrections.
About Cengage Learning
Cengage Learning is a leading educational content, technology, and services company for the higher education and K-12, professional and library markets worldwide. The company provides superior content, personalized services and course-driven digital solutions that accelerate student engagement and transform the learning experience. Cengage Learning is headquartered in Boston, MA with an office hub located in San Francisco, CA. Cengage Learning employees reside in nearly 40 different countries with company sales in more than 125 countries around the world. www.cengage.com.
About Greenwood Hall
Greenwood Hall is an emerging cloud-based education management solutions provider that delivers end-to-end services for the entire student lifecycle, including offerings that increase student enrollment, improve student experiences, and help schools maximize operating efficiencies. Since 2006, Greenwood Hall has developed customized turnkey solutions that combine strategy, people, proven processes and robust technology, to help schools effectively and efficiently improve student outcomes, as well as increase revenues and expand into new marketing channels, such as online learning. Greenwood Hall has served more than 40 education clients and over 70 degree programs.