i-vu starts spending its money…
Adrian J Cotterill, Editor-in-Chief
Following on from the terrific fund raising round that i-vu announced a few months ago, we have all been waiting with baited breath as to when, how and where they would spend it. Well as usual you hear it her first.
In a US filing of unaudited financial results for the three and nine months ended September 30, 2007, Broadband Learning Corporation announced, amongst other things, that “In Q2 and Q3 the Company completed a USD 500,000 sale of equipment to i-vu UK which was similar to that used in the i-vu USA installations’
Broadband Learning Corporation produces, distributes, supports and manages distance-learning content needed by professionals, corporations and, ultimately, consumers. Broadband Learning uses proprietary technology and nationwide distribution capabilities. Broadband Learning provides the professional development market with a patented Internet-based learning system with on demand flexibility, rich multimedia educational resources, and administrative management capabilities. This enables training companies, instructors and content providers to protect their intellectual properties and realize a significant expansion of their reach. Broadband Learning serves North America and many points around the world from its offices in Salt Lake City, Utah. Many of Broadband Learning’s products are delivered under the “Broadband University” trade name.