Knowledge House Mindful of Market Potential
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[Halifax, NOVA SCOTIA] Knowledge House Inc. announced today it will acquire all of the outstanding limited partnership units of the Knowledge House Limited Partnership (KHLP) on December 28, 2000 in exchange for the issues of 646,875 common shares from treasury to the current holders of the limited partnership units.
Last month, Knowledge House Inc. was named Canadian training agency for Intel of Canada's Teach to the Future program. Knowledge House, as part of its agreement with Intel, has reviewed and updated Intel's American curriculum to meet Canadian education requirements. The curriculum, which consists of 10, four-hour modules, includes the use of the Internet, Web page design, multimedia and publishing software. Teachers learn how, when and where to incorporate technology tools and resources into their current lesson plans, create assessment tools, and align lessons with provincial standards.
Since its inception in 1998, Halifax-based KHLP has released a suite of transformational new technology-enabled learning programs utilizing the Internet and related technologies. Systems for personal and professional development are also part of the company's product offering. The KEY Certification Program and the advanced studies program, hosted on the company's SmarterTeams e-learning platform, are among the products ready for market.
The KEY Certification Program, conceived in partnership with The Conference Board of Canada, addresses the critical skills gap associated with employability and technology skills in the knowledge and Internet-based economy. Targeted to secondary and post-secondary students, as well as individuals entering, or already in the workforce, the program will be rolled out during the first quarter of 2001.
The company's advanced studies program is an innovative advanced curriculum for Grade 11 and 12 students that meets the outcomes for high school graduation and provides students with the opportunity to qualify for undergraduate university credits and advanced standing.
The two-year program, comprised of eight, fully-integrated modules, built around highly engaging learning challenges, distinguishes itself from other advanced studies programs such as the Advanced Placement Program or the International Baccalaureate by virtue of its multidisciplinary, collaborative, problem-based learning curriculum that leverages the Internet and related technologies. The advanced studies program is currently scheduled to be available for delivery commencing September 2001.
Last week, Knowledge House and McKenzie College confirmed the completion of a series of business transactions, which have resulted in the purchase of the Centre for Distance Education Ltd. by McKenzie College and an investment in McKenzie College by Knowledge House.
The Centre for Distance Education is an education provider specializing in the distance delivery of multimedia and business diploma education programs. Each course is designed to meet the needs of adult students as they adapt to opportunities in the workplace. Its offices and instructors are ho