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Home > Company Index > Consumer Products-Durables  > Consumer Electronics > Gateway Learning Corporation

Gateway Learning Corporation
 NEWS FROM THE STANDARD
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Apr 17 2000 07:29 PM PDT

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Jun 05 1998 12:00 AM PDT

 PROFILE
Hooked on Phonics is back. After filing for bankruptcy protection in 1995, the learn-to-read program was resurrected as Gateway Learning by new owner and CEO Chip Adams. As a partner in Rosewood Capital, Adams helped bring in money to retool the program with the assistance of teachers, writers, artists, and families. An improvement in the product was the inclusion of engaging stories and characters, as opposed to straight phonics drills. Hooked on Phonics was created by John Shanahan, who sold more than 1.5 million copies before his Gateway Educational Products filed for bankruptcy. Gateway Learning also produces Hooked on Math, adult-geared reading programs, and provides educational content for AOL Time Warner.

 COMPETITION
Multi-Media Tutorial Services, Inc. (MMTS)
Scientific Learning Corporation (SCIL)
VTech Holdings Limited (VTKHY)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
1997 Sales (mil.): 150.00
1-Yr. Sales Growth: 0.0%
Employees: 500
Revenue per employee: $300,000.00

 KEY PEOPLE
• Jean McKenzie
    CEO
• Leslie Benson
    CFO

 CONTACT INFO
665 3rd St., Ste. 225
San Francisco, CA 94107
US
Phone: 415-512-7323
Fax: 415-512-7321
Online: Web Site

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