|By Marketwired .||
|July 14, 2014 02:29 PM EDT||
FAIRFIELD, NJ and TAIPEI, TAIWAN -- (Marketwired) -- 07/14/14 -- Timecruiser Computing Corporation (TCC), a leading cloud solution provider for educational institutions, announced it has secured substantial funding from Wistron Corporation, a multinational, original design manufacturer for information and communication technology products based in Taiwan. The additional capital will allow Timecruiser to solidify and expand its footprint and development in the US higher education marketplace.
In addition to the capital investment, Wistron Corporation will also license TCC's CampusCruiser product line to enter the global education market. To capture this opportunity, a joint venture between Wistron Corporation and Timecruiser Computing Corporation has been created and based in Hong Kong.
"We are pleased to be partnering with Wistron Corporation on this new endeavor," said Anthony Ma, newly appointed Chief Executive Officer of CampusCruiser, and one of the original co-founders. "This is exciting for us and allows us to both continually drive growth within the US, while simultaneously explore new global markets." Mr. Ma stepped into the CEO role in addition to his current role as the Chief Creative Officer. He brings his vision and deep understanding of the product and educational marketplace to lead the company in this new phase. James Wang, another of Timecruiser's co-founders has entered into the role of Chief Operating Officer (COO). Timecruiser co-founder and former CEO, Allen Wang will be leading the global market initiative as the president of the new Joint Venture.
About Timecruiser Computing Corporation
Since 1995, colleges have relied upon Timecruiser Computing Corporation to deliver innovative solutions, backed by unrivaled customer service and technical support. Timecruiser's products are used by over 2.5 million users to
- Improve Campus Communication
- Implement Effective Course Management
- Build Cohesive Campus Communities
- Increase Efficiencies Campus-wide
In 1996 the company received multiple patents for its innovative web calendaring technology, which is now an integral offering of our award winning CampusCruiser® products. As an education technology partner, Timecruiser provides essential technologies that lead institutions into the new frontier of institutional branded online solutions. For more information, please visit www.campuscruiser.com
About Wistron Corporation
Wistron Corporation is a Fortune Global 500 company and a Technology Service Provider supplying ICT (information and communication technology) products, services and systems to our global customers. We are devoted to increasing the value of our services through developing innovative solutions in the areas of green recycling, cloud and display vertical integration. For more information, please visit: www.wistron.com.