Sonic Foundry’s Global Learning Exchange™ Announces Partnership with Penn Foster Group
15 Agosto 2023 - 9:00AM
Business Wire
By combining resources and expertise, the
partnership will advance Global Learning Exchange and Penn Foster
Group’s shared goal of expanding access to quality online education
in underserved markets around the world.
Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video
capture, management and streaming solutions, today announced that
its Global Learning Exchange™ (GLX) business, which provides
students around the world with affordable access to top-tier online
learning solutions coupled with local support resources, has
partnered with Penn Foster Group, a renowned leader in online
education. This partnership will provide Global Learning Exchange
students with a greater variety of program options while enabling
Penn Foster Group to expand its global footprint and reach students
in several emerging markets around the world.
Penn Foster Group boasts over 100 years of history in the
education field and harnesses that extensive experience to deliver
high-quality online education in a broad range of high school,
career skills training, and college-level programs. With a
longstanding commitment to excellence and a custom-built online
learning environment, Penn Foster Group delivers the tools and
resources to empower learners on their journey to success.
Sonic Foundry CEO Joe Mozden, Jr. expressed enthusiasm about the
partnership, commenting, “We are thrilled to join forces with Penn
Foster Group in our mission to democratize education and empower
learners around the world to achieve their full potential. Our
shared dedication to student-focused innovation in online learning
aligns seamlessly, and our whole team is impressed by the range of
programs and extensive support resources that Penn Foster Group
makes available throughout each student's educational journey. This
partnership marks a significant stride towards Global Learning
Exchange’s mission of delivering a greater variety of high-quality
online education options to students and professionals around the
world.”
Penn Foster Group General Manager Stacy Caldwell added, “Penn
Foster Group has helped learners discover their own unique pathways
to opportunity, and we are excited to expand our programs even
further through our partnership with GLX. Access is at our core,
and this partnership will help widen our global footprint, opening
doors to learners who would not otherwise have education
opportunities.”
Global Learning Exchange™ launched its inaugural program in the
Bahamas in 2022 and is currently focused on expanding into African
markets. The launch of GLX Hubs in Johannesburg, South Africa,
Abuja, Nigeria, and Benin City, Nigeria, in August of this year
underscores its commitment to reaching learners in underserved
regions around the world.
For additional information on Global Learning Exchange, visit
www.globallearningexchange.com.
To learn more about Penn Foster and its offerings, visit
www.partners.pennfoster.edu.
About Global Learning Exchange™
Global Learning Exchange™ (GLX) is an innovative education
solution designed to provide highly motivated students and
professionals around the world with cost-effective access to
life-changing higher education opportunities. Through partnerships
with top US Universities and skill-based certification partners,
Global Learning Exchange offers students a unique proposition:
flexible online learning coupled with local, in-person support
resources. In each country where its programs are available, Global
Learning Exchange operates local hub facilities staffed by a team
that provides admission and application assistance, career
development resources, and other student support services. To learn
more about how Global Learning Exchange is connecting students
around the world with the resources they need to pursue their
dreams, visit www.globallearningexchange.com.
About Sonic Foundry
Founded in 1991 and headquartered in Madison, Wis., Sonic
Foundry (NASDAQ: SOFO) is dedicated to transforming how the world
works and learns through innovative and scalable technology
solutions. We help customers maximize the value of their video
initiatives and infrastructure while leveraging our expertise and
global footprint to help unlock a smarter, more connected world for
learners, workers, and entrepreneurs everywhere. Sonic Foundry’s
family of brands includes Mediasite®, Video Solutions, Vidable™ and
Global Learning Exchange™ which are trusted by thousands of
educational institutions, corporations, and health care
organizations in dozens of countries around the world. For more
information on how Sonic Foundry’s solutions can empower you and
your organization to seize today’s opportunities as well as those
of the future, visit www.sonicfoundry.com.
© 2023 Sonic Foundry, Inc. product and service names mentioned
herein are the trademarks of Sonic Foundry, Inc. or their
respective owners.
About Penn Foster Group
At Penn Foster Group, we are transforming online learning to
help learners by bringing together Penn Foster, CareerStep,
Ashworth College, James Madison High School, the New York Institute
of Photography, the New York Institute of Art and Design, and other
education platforms. Our history dates back to 1890 when our
founder, Thomas Foster, pioneered distance education by offering
training by mail for coal miners to get the necessary skills for
safer jobs. Today, with the partners who use our education and
training programs, we continue that mission of providing flexible
training and education for in-demand skills and are building a
workforce that's prepared for the future job market.
Forward Looking Statements
This news release contains forward-looking statements about the
products and services of Sonic Foundry within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. Forward-looking statements include
statements about our products and services, our customer base,
strategic investments, new partnerships, our future operating
results, and any statements we make about the company’s future.
These types of statements address matters that are subject to many
risks and uncertainties. Actual results could differ materially
from the forward-looking guidance we provide. Any forward-looking
statements should be considered in context of the risk factors
disclosed in our periodic forms 10Q, 10K and other filings with the
SEC. These filings can be accessed on-line at www.sec.gov and other
websites or can be obtained from the company’s investor relations
department. All of the information and disclosures we make in this
news release regarding our business, including any forward-looking
guidance, are as of the date given and we assume no obligation to
update or change this information, regardless of subsequent
events.
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version on businesswire.com: https://www.businesswire.com/news/home/20230815009913/en/
Eamon Doyle Sonic Foundry 608-310-5891
media@sonicfoundry.com
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