| Horizon is a live distance learning system that blends the best of classroom and computer-based training live over the Internet or a corporate intranet. It represents a new way to conduct interactive forums that goes beyond existing text chat for both marketing and corporate communications purposes. |
| The Horizon software runs within a standard web browser over regular phone lines, and allows organizations to provide training courses and sales presentations around the globe in a cost-effective, timely manner. Presenters can speak live audio and push slides to students; students can type in their questions and responses. The Horizon system is easy to learn and has all the features necessary to give a live or pre-recorded course. |
| Developed to meet the global training needs of a large multinational company, Horizon's technology has broad implications for reducing costs, improving performance, and realizing the promise of the Internet for the full spectrum of training and communications uses. |
| But Horizon is more than software. The company provides comprehensive services that spare instructors and other program managers from technical infrastructure and set-up efforts, including conversion of content, hosting and course administration. |
| The goal is to build a national brand that becomes an acknowledged alternative to phone or conference calls, Web sites, memos, video conferencing, stand-up training, computer-based training, and physical travel. |
| The company currently is seeking financing. Its plan was presented by Bob Clyatt, an entrepreneur with a strong track record as founder and CEO of I/O 360. A panel of venture capital and business experts critiqued the plan and provided suggestions, as did the audience. |
| DATE: |
Wednesday evening, April 8, 1998 |
| PLACE: |
Chase Manhattan Bank, 270 Park Ave. (47th St.), NYC. 11th Floor |
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