Renton, Wash. -- April 23, 2010 -- Etelos, Inc. (OTCBB: ETLO), a developer and operator of private-labeled marketplaces for Web-based business applications, announced that MCM Project Management (MCM), a training company at the forefront of a new approach to online education and traditional e-learning, has become an Etelos Syndication Partner. Under the terms of the agreement, the two companies have agreed to share revenues from monthly service agreements providing the popular training program to enterprise and small business customers.
MCM is has announced it is releasing new online courses via its training website named Savvy-U. Savvy-U will be distributed via multiple Software as a Service (SaaS) marketplaces that are based on the Etelos Platform Suite™. Savvy-U gives businesses on-demand training courses delivered over the Web.
"Marketplaces built on the Etelos Platform Suite are designed to deliver a full spectrum of useful software and services," Etelos CEO Danny Kolke said. "With the addition of Savvy-U, we're giving businesses the ability to license, deploy and implement training systems on-demand across their organizations."
Savvy-U offers courses for people continuing their professional education as well as those looking for new tools and techniques they can use to start and manage their business and also manage their various projects. Through a flexible online learning environment, courses can be taken when you have time and at your own pace--whether at home, at work, or at the local coffee shop.
"Being able to offer our training courses on-demand will help businesses get ahead in a tough economic climate," Savvy-U CEO Gilbert L. Maddox said. "By syndicating our application across the Etelos ecosystem, we are able to quickly get our professional education courses into the hands of the employees that can benefit from them immediately."
Etelos is a developer and operator of private labeled Marketplaces for Web-based business applications. The Etelos Platform Suite is the foundation for moving apps from a proprietary model to SaaS and it enables syndication partners, and Etelos, to collect revenue from their applications being made available through multiple private-labeled SaaS marketplaces.
Savvy-U, as part of the Etelos Syndication Partner program, will be made available to a variety of businesses in the manufacturing, service and financial industries.
Savvy-U is now available on the marketplaces that have been built on the Etelos Platform Suite. For more information or to browse those marketplaces, please visit Etelos.com.
About Etelos, Inc.
Etelos is the developer of a Web app distribution platform for delivering Web apps for businesses. Unlike other cloud computing and Platform-as-a-Service (PaaS) solutions, Etelos enables software manufacturers to migrate existing applications or to create new applications, then to package, distribute, host, bill, market and support their Software-as-a-Service (SaaS) enabled applications through a number of third-party branded application marketplaces, all based on the Etelos Platform Suite. Etelos™, the Etelos Platform Suite™, EASE™, Etelos App Server™, Etelos VE™, Etelos Cloud™ and Etelos Marketplace™ are trademarks of Etelos, Inc.; other trademarks are the property of their respective owners. For more information about Etelos, please visit Etelos.com.
About MCM / Savvy-U
MCM Project Management, a company based in Vancouver Washington, is a Project Management Institute (PMI) Global Registered Education Provider (REP #: 1809) and National Management Association (NMA) recognized training partner certifying our courses for both Professional Development Units (PDUs) and Continuing Education Units (CEUs). MCM provides both self-paced, e-learning, and instructor-led classroom training built around PMI's best practices and A Guide to the Project Management Body of Knowledge (PMBOK® Guide) Fourth Edition, currently used in today's fast-paced business environment. Utilizing industry-proven tools and e-learning techniques, MCM delivers project management training to both the novice and experienced individual in government agencies, commercial companies, professional associations, universities, and colleges. For additional information about MCM, please visit www.mcmprojectmanagement.com.
MCM owns and operates Savvy-U, a learning management system (LMS) and training portal for online accredited continuing education and knowledge resources. Savvy-U provides an easy-to-use online learning environment that lets you take multiple courses concurrently, at your own pace, and when you have time. Savvy-U also offers affordable and reusable project management templates that are currently in use by multiple large government and corporate organizations. For additional information about Savvy-U, please visit www.savvy-u.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Etelos' business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Forward-looking statements include, among other things, statements concerning the company's partnership with others, the future financial performance of our company, the acceptance of our products and services, the success and timeliness of our product and platform roll-out and other statements qualified by words such as "anticipate," "believe," "intend," "may" and other words of similar import. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including: Our partnerships with this Partner or others, the future financial performance of our company, the acceptance of our products and services, the success and timeliness of our products and platform roll-out. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's reports that Etelos files periodically with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and Etelos undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.
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MCM is has announced it is releasing new online courses via its training website named Savvy-U. Savvy-U will be distributed via multiple Software as a Service (SaaS) marketplaces that are based on the Etelos Platform Suite™. Savvy-U gives businesses on-demand training courses delivered over the Web.
"Marketplaces built on the Etelos Platform Suite are designed to deliver a full spectrum of useful software and services," Etelos CEO Danny Kolke said. "With the addition of Savvy-U, we're giving businesses the ability to license, deploy and implement training systems on-demand across their organizations."
Savvy-U offers courses for people continuing their professional education as well as those looking for new tools and techniques they can use to start and manage their business and also manage their various projects. Through a flexible online learning environment, courses can be taken when you have time and at your own pace--whether at home, at work, or at the local coffee shop.
"Being able to offer our training courses on-demand will help businesses get ahead in a tough economic climate," Savvy-U CEO Gilbert L. Maddox said. "By syndicating our application across the Etelos ecosystem, we are able to quickly get our professional education courses into the hands of the employees that can benefit from them immediately."
Etelos is a developer and operator of private labeled Marketplaces for Web-based business applications. The Etelos Platform Suite is the foundation for moving apps from a proprietary model to SaaS and it enables syndication partners, and Etelos, to collect revenue from their applications being made available through multiple private-labeled SaaS marketplaces.
Savvy-U, as part of the Etelos Syndication Partner program, will be made available to a variety of businesses in the manufacturing, service and financial industries.
Savvy-U is now available on the marketplaces that have been built on the Etelos Platform Suite. For more information or to browse those marketplaces, please visit Etelos.com.
About Etelos, Inc.
Etelos is the developer of a Web app distribution platform for delivering Web apps for businesses. Unlike other cloud computing and Platform-as-a-Service (PaaS) solutions, Etelos enables software manufacturers to migrate existing applications or to create new applications, then to package, distribute, host, bill, market and support their Software-as-a-Service (SaaS) enabled applications through a number of third-party branded application marketplaces, all based on the Etelos Platform Suite. Etelos™, the Etelos Platform Suite™, EASE™, Etelos App Server™, Etelos VE™, Etelos Cloud™ and Etelos Marketplace™ are trademarks of Etelos, Inc.; other trademarks are the property of their respective owners. For more information about Etelos, please visit Etelos.com.
About MCM / Savvy-U
MCM Project Management, a company based in Vancouver Washington, is a Project Management Institute (PMI) Global Registered Education Provider (REP #: 1809) and National Management Association (NMA) recognized training partner certifying our courses for both Professional Development Units (PDUs) and Continuing Education Units (CEUs). MCM provides both self-paced, e-learning, and instructor-led classroom training built around PMI's best practices and A Guide to the Project Management Body of Knowledge (PMBOK® Guide) Fourth Edition, currently used in today's fast-paced business environment. Utilizing industry-proven tools and e-learning techniques, MCM delivers project management training to both the novice and experienced individual in government agencies, commercial companies, professional associations, universities, and colleges. For additional information about MCM, please visit www.mcmprojectmanagement.com.
MCM owns and operates Savvy-U, a learning management system (LMS) and training portal for online accredited continuing education and knowledge resources. Savvy-U provides an easy-to-use online learning environment that lets you take multiple courses concurrently, at your own pace, and when you have time. Savvy-U also offers affordable and reusable project management templates that are currently in use by multiple large government and corporate organizations. For additional information about Savvy-U, please visit www.savvy-u.com.
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Etelos' business which are not historical facts may be "forward-looking statements" that involve risks and uncertainties. Forward-looking statements include, among other things, statements concerning the company's partnership with others, the future financial performance of our company, the acceptance of our products and services, the success and timeliness of our product and platform roll-out and other statements qualified by words such as "anticipate," "believe," "intend," "may" and other words of similar import. These statements are neither promises nor guarantees, but involve risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements, including: Our partnerships with this Partner or others, the future financial performance of our company, the acceptance of our products and services, the success and timeliness of our products and platform roll-out. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's reports that Etelos files periodically with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement, and Etelos undertakes no obligation to update publicly any forward-looking statement for any reason, except as required by law, even as new information becomes available or other events occur in the future.
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