Buisness Editors
ORLANDO, Fla.--(BUSINESS WIRE)--Oct. 2, 2002
Training Systems Network, LLC and Educational Satellite Services,
Inc. Team to Bring Innovative and Practical Business Training to
Businesses and Government Organizations Beginning October 1, 2002
The Professional Development Channel is a private, digital, satellite channel broadcast exclusively by Educational Satellite Services, Inc. TSN is in the process of acquiring the Professional Development Channel from its current owners, National Technological University (NTU) and Sylvan Ventures, the investment arm of Sylvan Learning Systems, Inc.
TSN will feature over 100 hours of broadcasting on professional development topics such as Leadership, Change Management, Customer Service, Communications, Wellness in the Workplace, Diversity, Stress Management, and Safety just to name a few.
Each week TSN will feature a different theme to enhance the learning experience. In its inaugural year, TSN will provide 24 new programs to its growing customer base. In addition, TSN will feature its weekly premier talk show called Success @ Work, a two-hour, interactive broadcast that will highlight "real life heroes" on the job. Host Nancy Mercurio will provide a glimpse of what it is like to be a part of a success story as she features top organizations and people from around the globe.
TSN will also feature Alexander Haig each week as he hosts the Weekly Business Review. In-depth topics featuring some of today's foremost executives will be discussed in this weekly panel discussion.
Diane Kunkel, TSN's Vice President and Executive Producer who spent 13 years in production with PBS The Business & Technology Network (NTU), was quoted as saying: "We are very excited to be able to continue to bring world-class business practices to our corporate and government customers. We are looking forward to providing innovative and entertaining ways for everyone in an organization to learn how to work smarter and more productively."
Torgun Lovely, ESS' Manager of Sales and Support, said that "ESS is pleased to be selected as the exclusive broadcaster of The Professional Development Channel. The ESS network now reaches hundreds of corporate and government organizations. We are thrilled to partner with TSN as we believe that demand for their high-quality programming will help us drive the growth of our network to the next level".
About Training Systems Network
Training Systems Network, LLC ("TSN") (www.trainingsystemsnetwork.com) designs, produces, and delivers high-quality satellite programming. The management team has over 20 years of combined experience in satellite programming, and more than 30 years combined experience in designing and delivering professional development programs.
About Educational Satellite Services
Educational Satellite Services, Inc. ("ESS") (www.esatservices.com) is a leading broadcaster of educational content to corporations and government organizations. For the past 17 years, ESS' satellite technology has provided managed satellite services for National Technological University, the largest and most sophisticated distance learning network in the United States. ESS was spun off from NTU in February 2002. Both ESS and NTU are in the process of being acquired by Sylvan Ventures, the investment arm of Sylvan Learning Systems, Inc.
ESS provides a comprehensive line of products and services including private satellite network engineering/design, space segment, uplink services, network management, studio services, videotaping, and hardware sales/service.
About Sylvan Learning Systems
Sylvan Learning Systems, Inc. (www.sylvan.net) is the leading provider of education services to families and schools worldwide. Sylvan Ventures, Sylvan's research and investment vehicle, focuses on bringing emerging technology solutions to the education and training marketplace. The Sylvan Learning Center business provides personalized instruction services to K-12 students through direct consumer relationships. Sylvan Education Solutions provides tutoring and related services under contract to school systems. Sylvan provides courses to adult students throughout the world in the areas of teacher training, and accredited university offerings through Online Higher Education and Sylvan International Universities. Sylvan International Universities is pioneering the largest and most ambitious network of post-secondary education institutions worldwide.
Forward-Looking Statements
This release includes information that could constitute forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements may involve risk and uncertainties. Political, economic, currency, tax, regulatory, technological, competitive and other factors could cause actual results to differ materially from those anticipated in the forward-looking statements. Additional information regarding these risk factors and uncertainties is detailed from time to time in the Company's filings with the Securities and Exchange Commission, including but not limited to our most recent Forms 10-K and 10-Q, available for viewing on our website. (To access this information on our website, please click on "Investor Relations," "SEC Filings").