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Knowledge Transfer Systems, Inc.
(OTCBB: KTSI) *** |
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Editors Note:
On September 6, 2002 we brought you an in-depth profile (Click
Here) on Knowledge Transfer Systems that highlighted
their consistent development of training courses and branded titles:
250 to date.
KTSI released news today about expanding the length of its agreement
with a major distributor and the distributor expanding the eLearning,
KTSI technical training courses and most notably, the "Skills
In Demand" series.
The management at KTSI seems like they they are always on the
move and at Stockupticks, we like that!
Today's press release follows and we think you'll agree that
it fits in with KTSI's business model and main strategy-- growth.
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***TODAY'S
BREAKING NEWS*** |
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Tuesday September 10, 9:07 am ET
Knowledge Transfer Systems Announces Expansion
of Innovative Software Technologies ''Skills in Demand'' eLearning
Platform
OAKLAND, Calif.--(BUSINESS WIRE)--Sept. 10, 2002--Knowledge
Transfer Systems, Inc. (OTCBB:KTSI - News) today announced
the expansion of its five year distribution agreement with Innovative
Software Technologies, Inc., (IST), (OTCBB:INIV - News). IST has
chosen to expand the technical training course offering in the
distribution agreement so that "Skills in Demand" will include
hundreds of new titles.
Skills in Demand is a series of interactive, multi-media e-Learning
courses for computer-software learning and Information Technology
(IT) certification programs. Originally designed for IT professionals
including PC technicians, network engineers, administrators, and
IT managers, the computer-based courses incorporate proven training
methods aimed toward the highest rate of information retention
for each student.
"Expanding Skills in Demands' course list to hundreds of new
titles will offer current and future clients a much wider spectrum
of certification and desktop application courses from which to
choose; tools that they need to compete in today's IT marketplace,"
said Shane Hackett, IST's president and CEO. "The depth and quality
of Knowledge Transfer System's eLearning courses, convinced us
to select them as our leading provider".
Innovative Software will launch an extensive online marketing
effort to not only reach its traditional Skills in Demand customer
base -- IT professionals -- but will also target the broad consumer
market; with special emphasis placed on targeting individuals
who have been recently affected by corporate restructurings, and
are motivated to acquire new skills in order to work in the lucrative
Information Technology market.
"We're excited with the expansion of Skills in Demand platform
and encouraged that IST has so quickly implemented the addition
of the application titles to the Skills in Demand product offering,"
stated Steve Burke, KTSI's CEO.
About Knowledge Transfer
Systems
Knowledge Transfer Systems,
Inc. (OTCBB:KTSI - News) designs, publishes and markets e-learning
courses and solutions. They are an industry leader in developing
high quality, engaging courses that map to the respective industry
certifications in the Information Technology sector. Customarily
these products are then private labeled for publishers and marketed
through their distribution channels in addition to resellers,
integrators and e-learning companies. The company, which is headquartered
in Oakland, California markets products through its resellers
and distribution partners in over 50 countries around the world.
In addition, KTSI develops custom multimedia marketing and training
solutions for Fortune 100 companies. The corporate website is
www.knowledgetransfersystems.com. For additional information,
call 800/395-9991 or send an e-mail to info@knowledgetransfersystems.com.
About Innovative Software
Technologies, Inc.
Based in Riverside, Missouri,
Innovative Software Technologies, Inc. (OTCBB:INIV - News; Berlin
Stock Exchange:IVR) specializes in the distribution of business-to-business
and business-to-consumer informational and educational software
solutions and consulting services, including: Skills in
Demand (www.skillsindemand.com), eTaxNet (www.etaxnet.com), and
Financial Toolkit 1.0 (www.toolkit1.com). The corporate website
is located at www.ist-co.com.
This press release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. The words "estimate", "possible"
and "seeking" and similar expressions identify forward-looking
statements, which speak only as to the date of the statement was
made. The Company undertakes no obligation to publicly update
or revise any forward-looking statements, whether because of new
information, future events, or otherwise. Forward-looking statements
are inherently subject to risks and uncertainties, some of which
cannot be predicted, or quantified. Future events and actual results
could differ materially from those set forth in, contemplated
by, or underlying the forward-looking statements. It should be
further noted that Innovative Software Technologies is a shareholder
in Knowledge Transfer Systems. The risks and uncertainties to
which forward-looking statements are subject include, but are
not limited to, the effect of government regulation, competition
and other material risks.
Contact:
Knowledge Transfer Systems,
Inc., Oakland
Steve K. Burke, 510/251-6230
Source: Knowledge Transfer
Systems
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***
ABOUT KTSI *** |
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Knowledge Transfer Systems, Inc. designs, publishes and markets
eLearning courses and solutions. The company markets products
through its resellers and distribution partners in over 50 countries
around the world. In addition, KTSI develops custom multimedia
marketing and training solutions for Fortune 100 companies.
Knowledge Transfer Systems partners with some of the leading
publishing and instructor-led training companies to source content.
KTSI takes source materials (books, instructor guides or CDs),
and creates derivative works in the form of rich multimedia training
courses.
To date, KTSI’s focus, through its wholly owned subsidiary, KT
Solutions, Inc., (www.ktsolutions.com)
has been in the IT industry and has developed over 250 courses
covering all of the popular desktop applications and IT certifications.
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***
LINKS *** |
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To Get A Current Stock Quote On KTSI, Click
Here
To Visit An Archive Of News Releases On KTSI, Click
Here
To Review SEC Filings From KTSI, Click
Here
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***
CONTACT *** |
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Knowledge Transfer Systems Inc.
110 Broadway
Oakland, CA 94607
800-395-9991
Corporate Web Sites:
www.knowledgetransfersystems.com
www.ktsolutions.com
info@knowledgetransfersystems.com
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is no guarantee of future results. This report is a paid advertisement
and is for information purposes only and should not be used as
the basis for any investment decision. International Monetary
Resources Inc have granted MP the rights to an option to purchase
200,000 shares of KTSI for $0.03 a share for a 90 day period beginning
08/27/02. This constitutes a conflict of interest as to MP’s ability
to remain objective in its communication regarding the subject
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Correction:
On
September 06, 2002, in a report on Knowledge Transfer Systems,
Inc. (OTCBB: KTSI), we erroneously reported that we had been compensated
$15,000 by Mezzanine Capital Ltd. for distribution services.
In fact, we have been compensated for that report as stated above,
by International Monetary Resources Inc., which granted MP a right
to an option to purchase 200,000 shares of KTSI for 3 cents per
share for a 90-day period beginning August 27, 2002. Also,
in our report dated September 09, 2002 on Star E Media, Inc. we
reported that we had received $15,000 from Mezzanine Capital Ltd.
We actually have contracted with Mezzanine to receive $21,000
for that report and distribution as well as for additional advertising
services. |
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