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PurpleTrain Chairman launches new courses via webcast
"The Informatics Group is already an internationally recognised name in training
and education, expansion into e-learning is a natural progression. We want to
position ourselves at the forefront of this new mode of learning."
In his webcast over PurpleTrain.com, Dr Wong Tai, Chairman and CEO of
PurpleTrain.com spoke about the significance of the growth of e-learning and the
importance of it for the Group as he launched three new courses to add to
PurpleTrain's portfolio of existing courses.
Dr Wong started off the webcast emphasising the trend that has seen e-learning
become a major delivery method in the field of education and training. Citing
research statistics , he said the web-based training market is expected to grow
95% between 1997 and 2002 to be worth US$ 5.5 billion. Web-based learning will
also account for 50% of the way education is delivered, up from 25% presently.
As the fastest growing segment in the education industry, the potential for the
growth of training delivered over the internet is tremendous. Dr Wong spoke
about the need for the Group to ride this trend and position itself at the
leading edge of this new way of learning.
" We will do it through PurpleTrain.com. PurpleTrain will be the global
e-learning portal and service provider. It is positioned as an on-stop learning
portal that brings students, business, educational institutes and content
providers together. It provides the environment that facilitates anywhere,
anytime learning, " said Dr Wong.
In his speech, Dr Wong also took the opportunity to introduce several new
courses that " breaks new ground within the industry". These courses score the
distinction of being the first of its type to be introduced online.
Touching on them briefly, he said the introduction of the NCC-certified Diploma
in E-commerce and International Advanced in Computer Studies, and the IT
training courses were the result of the synergies between the Group's strong
heritage in teaching IT and business courses and PurpleTrain's experience and
position as the leader in e-learning.
He concluded his webcast by calling on all employees to take full advantage of
the opportunities this new mode of learning opens for the Group and in doing so
achieve the goal of making PurpleTrain a leading global e-learning portal.
(The webcast of Dr Wong Tai's speech can be found on the PurpleTrain website,
www.purpletrain.com.)
About PurpleTrain
PurpleTrain.com is an e-learning portal offering a one-stop service for business
and IT education programmes, corporate training courses and education-related
services.
By combining innovative technology with world-class training content,
PurpleTrain.com offers companies and individuals a high value, quality and
effective online training solution. About 200 online courses are available, from
degree, diploma, certificate to corporate IT training programmes. Our online
learning community now stands at over 23,000 users.
PurpleTrain.com is a 100%-owned venture of Informatics Holdings Limited, a
leading training and education provider listed on the Singapore Stock Exchange.
About Informatics
For the financial year ended March 31 2000, Informatics attained a Group
turnover of S$159.7 million, an increase of 10% over FY 1998's turnover of
S$145.2 million. Its Group Net Profit jumped by 29% from S$10.0 million in the
previous year to S$12.9 million due to an increase in demand for IT training and
education services. Overseas operations accounted for 61% of the Group's
turnover and 58% of the Group's Profit Before Interests and Taxes.
Building on its strength in Asian markets, Informatics made inroads into Europe
through its 100% acquisition of NCC Education Limited (previously named as NCC
Education Services Limited). NCC is the accreditation centre for computer
courses worldwide. In the following year, it acquired CTEC (Computer Training
and Education Centre Limited) which has since been re-named Informatics CTEC.
It has also acquired 30% of Institute of IT Training in UK which is a standards
setting body for "Train the Trainers Programme". In 1999, Informatics partnered
with the University of Nottingham to establish Informatics Institute of
Information Technology in the University. In the same year, through Informatics
Investments Limited, its 60% owned subsidiary, it further acquired 60% equity in
Cornerstone Sweden Aktiebolag and increased its stake by another 20% in March
2000.
Informatics has trained over 450,000 students annually worldwide. It currently
has partnerships with universities and training establishments such as The
University of Nottingham, the University of Cambridge Local Examinations
Syndicate, RMIT University, Curtin University of Technology, University of
London and University of Wales. To further strengthen its products offering and
services, Informatics continues to look into new collaborations with renowned
education partners and international IT vendors.
For more information, please contact :
Adeline Cheong
Marketing & PR Manager
Tel : (65) 568 0810
E-mail : acheong@purpletrain.com
Websites : www.purpletrain.com
www.informaticsgroup.com
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All trademarks and registered trademarks are property of their respective owners. Certain of the statements in this press release are forward-looking in nature and, accordingly, are subject to risks and uncertainties. The actual results may differ from those described or contemplated.
Copyright © 2002. All Rights Reserved. PurpleTrain.com Pte Ltd.
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