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VCAMPUS CORP Message Board

  • ntsoudis ntsoudis Mar 17, 2006 5:19 PM Flag

    VCMP: Receives Service Pact w/ VA

    VCMP: Receives Service Pact w/Dept. of Veterans Affairs [delayed]

    Ridgeland, MS, MAR 15, 2006 (EventX/ via COMTEX) -- VCampus
    Corporation (VCMP) was awarded a renewal contract for VCampus to continue to
    provide technology and services to support the U.S. Department of Veterans
    Affairs (VA) online training initiatives. The initial value of the renewal
    contract is approximately $1.5 million in the first year with three annual
    renewal options that bring the potential total contract value to approximately
    $5.6 million.

    Under the renewal contract, VCampus will continue to design, deploy and host VA
    Learning Online (VALO), an online learning environment that makes courses,
    including VCampus� certification preparation and other courses from its
    library, readily available to nearly a quarter of a million VA employees
    worldwide The VCampus Enterprise Knowledge Platform and courses offered under
    this program are in compliance with Section 508 of the Federal Rehabilitation
    Act. Under the terms of the renewal, the VA is able to expand the audience for
    the courses that are provided under the contract to include volunteers, medical
    residents, and veterans who are engaged in official VA programs. This expanded
    audience for VCampus� services is estimated to be in excess of 450,000
    people. The incremental revenue for this expanded audience will be in addition
    to the approximate $1.5 million base value of the contract renewal.

    VCampus was awarded this renewal contract as a subcontractor to Amer Technology,
    Inc. under FasTrac, a federal government contracting vehicle for learning
    solutions. Through FasTrac, VCampus provides a wide range of learning
    technologies and courses to government agencies. The VCampus FasTrac solutions
    meet multiple federal training requirements and provide online preparation for
    certifications and continuing education units in information security, project
    management and federal contract management.

0.0010.000(0.00%)Feb 17 1:47 PMEST