Amesite launches V5 platform, – GuruFocus.com

DETROIT, June 22, 2022 (GLOBE NEWSWIRE) — Amesite Inc., (AMST), a leading artificial intelligence software company providing a cloud-based learning platform and content creation services for learning businesses, universities, nonprofits, and government and development agencies, announces the expansion of its capabilities to serve larger entities, with the launch of version 5.0 of its e-learning platform based on the AI.

“According to the Department of Labor, there are more than 65,000 medium and large businesses with more than 250 employees in the United States. Our platform is now an out-of-the-box solution for businesses that are onboarding, training, and developing a large number of hardworking people,” commented Dr. Ann Marie Sastry, Founder and CEO of Amesite. “Our biggest customers have told us their needs and we’ve listened – and now we’re thrilled to be able to offer our advanced and proven features to the largest ed-tech markets.”

Version 5.0 of the Amesite Community Learning EnvironmentSM (ECL SM) provides features and service attributes that provide scalability, security, flexibility, and the ability to sell learning products:

  • Scale – Amesite can meet the needs of over 65,000 medium and large businesses in the United States
  • E-Commerce Ecosystem Solution – Customers can sell courses to learners on a single-branded online platform that provides proprietary, custom, or third-party content
  • Best-in-class security – Customers get out-of-the-box security and data privacy
  • Simplified Deployment – Customers can launch a fully customized LCESM in just 24 hours
  • Flexibility – Customers can offer differently branded courses, allowing different parts of an organization to offer their own sub-brands
  • Onboarding pre-registration – Learners are registered and enrolled in a simple, intuitive process that makes deployment easy

The company aims to meet the incredible need for skills development in the United States and around the world. According to Statista, the US workplace training industry was valued at approximately $165 billion in 2020. Global Market Insights forecasts eLearning revenue to reach $1,000,000 by 2028.

About Amesite Inc.

Amesite is an ed-tech, SaaS company with the industry’s most advanced artificial intelligence-based e-learning platform, providing both content creation and world-class infrastructure for marketplaces multi-billion dollar e-learning company in business and education. For more information, visit https://amesite.io/.

Forward-looking statements

This communication contains forward-looking statements (including within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended) regarding the Company, the form of online machine learning provided by the Company. , the Company’s business plans, any future commercialization of the Company’s e-learning solutions, potential customers, business objectives and other matters. Forward-looking statements generally include statements that are predictive in nature and depend on or refer to future events or conditions, and include words such as “may”, “will”, “should”, “should”, “expect to”, “plans”, “believes”, “intends”, “looks forward to”, and other similar expressions, among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions which are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement. The risks facing the Company and its intended platform are set forth in the Company’s filings with the SEC. Except as required by applicable law, the Company undertakes no obligation to revise or update any forward-looking statement, or to make any other forward-looking statement, whether as a result of new information, future events or other.

Contact with Investor Relations:

Christine Petraglia
TraDigital IR
(917) 633-8980
[email protected]

SOURCES:

https://www.bls.gov/web/cewbd/table_e.txt
https://www.statista.com/topics/4896/training-industry-in-the-us/
https://www.gminsights.com/pressrelease/elearning-market

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Norma A. Roth