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Weekly News Digest

September 3, 2001 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.

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Reed Elsevierís Harcourt Unit to Acquire Classroom Connect

Harcourt, Inc. (http://www.harcourt.com), the U.S.-based K-12 education business recently acquired by Reed Elsevier, has announced that it will acquire Classroom Connect, Inc. (http://www.classroom.com), a U.S. market leader in the provision of online teacher training and development, and original, standards-based online curriculum. Financial terms of the agreement were not disclosed.

According to the announcement, online professional development for teachers, as provided by Classroom Connect, is a natural extension of Harcourt's e-learning services and fits closely within Harcourt's overall e-learning strategy. Classroom Connect will operate as a business unit within the Harcourt Education group and will be a focal point for the development of the group's technology-enabled learning activities.

Tony Lucki, CEO of Harcourt Education, said: "Classroom Connect brings our group the strength of a leadership position in the discipline of technology-enabled professional development for teachers, an area that we believe will be increasingly important in the future of the education sector."

Judy Hamilton, president and CEO of Classroom Connect, said: "The link with Harcourt ensures that we will remain in the vanguard of e-learning developments and will enable us to expand our services for K-12 educators and their students so that they can obtain real benefit from their use of the Internet."

Classroom Connect is headquartered in Brisbane, California, with offices in El Segundo, California; Minneapolis; and Abilene, Texas. Classroom Connect has more than 170 employees. Its primary brands include Connected University (online professional development), Classroom Today (online classroom curriculum), The Quest Channel (online adventure learning expeditions), Connected Conferences (live, nationwide events), Connected Workshops (live seminars), and Classroom Connect Newsletter (monthly Internet education journal).  

Sources: Reed Elsevier and Classroom Connect, Inc.



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