Isis Introduces Its Claim On The Brain
The Age
Thursday June 24, 1999
The Internet company Isis Communications, soon to list on the Stock Exchange, yesterday launched its online educational service called BrainWave.
The business, an information forum to which students will subscribe, aims to provide all the information associated with school curriculums, plus additional information written by authors signed exclusively to the business.
Isis's managing director, Mr Adam Radly, said BrainWave had secured the authoring agreements with teachers who hold positions at the Victorian Board of Studies and similar authorities in other states.
``It (the site) will contain all the information you need as a student to get a 100 per cent score in your exams, providing you learn it all," he said.
Selected schools had been testing the software before Isis began marketing the product in September in time for the new school year in February, Mr Radly said.
BrainWave would also be a revenue opportunity for schools as they received a percentage of the subscription revenue gained from students at their school.
Isis expected BrainWave to contribute about a third of the company's revenues by December 2000.
Mr Radly said Isis was expected to lodge the prospectus for its $55million capital raising next week.
© 1999 The Age