eCollege Outlines 2005 and Long-Term Financial Guidance

DENVER, Feb. 3 /PRNewswire-FirstCall/ — eCollege(R), a leading provider of value-added information services to the post-secondary education industry, today announced the signing of a renewed, multi-year agreement with DeVry Inc., one of the largest publicly held higher education companies in North America. eCollege will continue to power all of DeVry University’s graduate and undergraduate online offerings, including programs and courses delivered completely online as well as online supplements for on-campus courses.

“As we see an increasing number of students moving across delivery modes, we believe eCollege’s comprehensive technology and service solution provides a seamless and high-quality experience for our students, while also enabling us to better meet our students’ evolving needs,” said Daniel Hamburger, president and chief operating officer of DeVry Inc. “Our long-term partnership with eCollege has been instrumental in helping us achieve strong growth in our online programs.”

eCollege and DeVry began their strategic partnership in 1997. In 2003, DeVry University standardized all of its eLearning offerings on the eCollege System, making eCollege its sole provider for its growing and diversifying enterprise-wide programs. DeVry University’s standardization provides all students and faculty with a consistent experience whether accessing courses online, on-campus or through a combination of both delivery modes in a hybrid approach. This is especially critical given DeVry University’s emphasis on making its programs and delivery options more competitive for its students, many of whom prefer the convenience and flexibility of having both online and on-campus options.

“DeVry University has established itself as a leader in online education by meeting the diverse needs and growing demand of its students through greater educational opportunities,” said Oakleigh Thorne, chairman and CEO of eCollege. “We are very proud to play a significant role in such a successful online operation, and we look forward to further helping DeVry enhance the learning process for all of its students.”

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