SOURCE: Inigral

August 06, 2008 08:30 ET

Inigral Announces Schools, License of an Application for Higher Education Built on the Facebook Platform

Breaking Away From an Advertising Supported Application Model, Schools Is a Secure, Private, Customizable Portal Into Facebook That Can Be Licensed to US Colleges and Universities

SAN FRANCISCO, CA--(Marketwire - August 6, 2008) - Inigral, Inc. today announced their first customer, Abilene Christian University (ACU), for the Fall 2008 limited beta release of their new product, "Schools" on Facebook. Schools is a private application built on Facebook Platform with secure, back-end data integration with Universities. It will be licensed to colleges and Universities throughout the US, offering social features that enrich the students and faculty members' campus social graph and collegiate experience within the accessible and popular Facebook Platform. Inigral is a Founders Fund backed application developer based in San Francisco focusing on the education market.

"Licensing, rather than advertising supported applications, will create new stable, viable revenue models for many developers trying to implement utility or productivity applications within corporate or educational networks," said Michael Staton, co-founder and Director of Product Marketing, for Inigral. "As a thought leader in cross-platform instructional technology, mobile learning and innovative educational delivery, ACU offers fertile ground for the product's first pilot."

Abilene Christian University (ACU), a private liberal arts college in Texas known for its visionary use of instructional technology, signed on as a participant this Fall as Inigral's first campus for the deployment of "Schools." A pilot was launched July 7th to limited summer courses.

"Social networks offer huge advantages to students, but have to be approached with the privacy and safety of students in mind," said Dr. Kyle Dickson, assistant professor of English and scholar in residence for the Adams Center for Teaching and Learning at ACU. "We're excited to integrate Inigral's technology and deploy Schools within select classrooms and student organizations to responsibly provide our students with valuable information and relevant connections in their native habitat -- Facebook."

"Institutions are eager to leverage social applications for better campus connectedness, yet they see the uncontrolled, public atmosphere of existing platform applications as high risk," said Justin Fishner-Wolfson, Principal at Founders Fund. "But, an effective platform tool will emerge as an important part of the university ecosystem. Inigral has developed a unique private portal into popular online communities like Facebook and serves an important niche providing students and faculty with crucial information that improves the educational experience. We are excited with their progress and potential."

Inigral found early success when it launched "Courses" on the Facebook platform. Courses still serves as the most popular Course Management System available on the platform.

About Inigral

Inigral, founded in 2007, specializes in bringing the social web to education. The Company is privately-held, funded by Founders Fund, headquartered in San Francisco, California and primarily builds on Facebook Platform. For more information on Inigral, Inc., visit its website at www.inigral.com or call Michael Staton, Director of Product Marketing, at 650-521-7295.

For more information on ACU's pioneering efforts, visit the university's website at www.acu.edu/connected or contact its public relations office at 325-674-2692.

About The Founders Fund

Based in San Francisco, Calif. and founded in 2005, Founders Fund is a group of four proven entrepreneurs with a shared vision: to change the way venture investments are made. Founders Fund seeks to provide the capital, insights and support required to build a company from the ground up and sustain successful enterprises with a non-traditional, founder-focused approach. Their current portfolio includes Facebook, Geni, Powerset, Ooma, Quantcast, Slide and others. For more information, visit www.foundersfund.com.

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