Amesite Announces Contract Renewal with EWIE Group of Companies
June 17 2024 - 7:30AM
Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence
software company offering a cloud-based learning platform for
business and education markets, announced today it is extending its
partnership with EWIE Group of Companies (EGC), a global leader in
commodity management services and supply chain optimization with
over 30 years of experience.
This is the third year that Amesite will deliver enterprise
upskilling needs for EGC’s global teams on EGC’s proprietary
Learning Community Environment®.
“Our training runs smoothly globally with Amesite as our
partner,” said Kasey Braun, Quality Assurance and Training Support
Manager for EGC. “We leverage their technology and services across
the globe, and have seen incredibly high completion rates and
scores in every market. We are very pleased with Amesite’s
support.”
Dr. Ann Marie Sastry, CEO of Amesite, said, “Generative AI and
other AI tools have changed the game in training. Rather than the
same train / test cycle we have seen in play for decades, we are
pushing out solutions that offer employees real-time training,
on-demand. This shortens training cycles, reduces cost and improves
performance. We are excited to expand with companies like EGC.”
The enterprise eLearning market is expected to reach $240.9
billion by 2027.
In partnership with Amesite, EGC has 189 active courses in
eleven (11) countries, with average scores of 94% against a 70%
target for completion.
About EWIE Group of Companies
EWIE Group of Companies and its subsidiaries are global leaders
in commodity management services spanning cutting tools, abrasives,
special tools, industrial supplies and chemical management services
with over 40 years of experience. With global presence in twelve
(12) countries, our services help customers with green field
projects to spend and utilization standardization. For more
information, please visit https://www.theegc.com/
About Amesite Inc.
Amesite Inc., an education tech SaaS company, offers its
proprietary learning platform and content services to deploy
affordable and effective AI for white-labeled online learning
programs for colleges and universities. The company's technology
platform leverages cutting-edge AI to offer an innovative
out-of-the box, AI-powered learning ecosystem, complete with 24/7
learner support, up-to-date content and ready-to-go programs to
quickly deploy and generate revenue. With the announcement of
NurseMagic™, Amesite has entered the B2C AI app
market. Amesite has also announced other apps being developed on
its infrastructure, including a Public Safety app that includes
training and preparedness for active shooter response. For more
information, visit https://amesite.com.
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) concerning the Company, the Company's
planned online machine learning platform, the Company's business
plans, any future commercialization of the Company's online
learning solutions, potential customers, business objectives and
other matters. Forward-looking statements generally include
statements that are predictive in nature and depend upon or refer
to future events or conditions, and include words such as "may,"
"will," "should," "would," "expect," "plan," "believe," "intend,"
"look forward," 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 that 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.
Risks facing the Company and its planned 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 statements, whether as a result of new information,
future events or otherwise.
Investor Relations Contact:
MJ Clyburn
TraDigital IR
clyburn@tradigitalir.com
Sources
https://online.flippingbook.com/view/533072170/12/
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