PGi Partners with Junior Achievement of Georgia to Launch Business Simulation Center
Atlanta Business Leader Opens Business Storefront in JA BizTown®; Program Designed to Enhance Students' Financial Literacy and Work Readiness Skills
ATLANTA, Aug. 20, 2013 /PRNewswire/ -- PGi (NYSE: PGI), a global leader in virtual meetings for over 20 years, today announced its partnership with Junior Achievement (JA). Through financial, volunteer and in-kind contributions, PGi is proud to support JA's efforts to enhance American students' financial literacy and skills for personal and professional success. PGi will sponsor a storefront and integrate its award-winning iMeet® web conferencing solution within the educational experience at the new JA BizTown, one of two interactive venues within Junior Achievement's Chick-fil-A Foundation Discovery Center in Atlanta, located in building C of the Georgia World Congress Center.
Set to open in September 2013, JA BizTown will serve 15,000 Atlanta-area students annually. The experience begins in the classroom with four weeks of JA-provided curriculum that culminates with a day at JA BizTown. During the visit to JA BizTown, students will receive unique job assignments and work in teams at their assigned business. By the end of the simulation each student will have completed a day's work, developed a budget and made educated purchasing decisions.
"True learning comes from doing and experiencing. PGi is passionate about fostering the next generation of entrepreneurs and leaders, and the new PGi storefront at JA BizTown will help students develop skills that equip them for future innovation and success," says Ted Schrafft, PGi President and member of the Junior Achievement of Georgia Board of Directors. "Corporate social responsibility is one of PGi's core values, and we are very proud and honored to be a part of JA's important efforts across the U.S."
The interactive JA BizTown simulations provide sixth grade students with the opportunity to not only learn about finances and careers, but to one day transform into adults who are the sole decision-makers and owners of their personal financial success. Alongside positioning PGi's virtual meeting solutions within the simulated JA BizTown Business-to-Business market, PGi developers created a custom app for students to learn the value of selling software in a Business-to-Consumer environment. The "PGi Funky Photo Lens" app is available for free download at https://itunes.apple.com/us/app/pgi-funky-photo-lens/id684876965?mt=8.
"Now more than ever, for students to be successful they must remain engaged in school, equipped with the skills for the professional world and prepared to navigate the financial complexities of today's economy," says Jack Harris, president of Junior Achievement of Georgia. "Thanks to partnerships with companies like PGi and with our local school systems, Junior Achievement is primed to provide the curriculum, tools and experiential facility to prepare more students to excel at the business of life."
Metro Atlanta is joining communities across the nation in the movement to incorporate financial literacy education and 21st century skills development as components of the core curriculum. Currently, JA BizTown facilities exist in more than 20 cities across the United States. JA of Georgia has developed the next generation of these simulation centers, with the ultimate vision to take the centers statewide.
JA BizTown is offering a sneak peek to media and area business leaders at a private Grand Opening event August 20 from 10 a.m.–noon at the Georgia World Congress Center, Building C.
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About Premiere Global Services, Inc. | PGi
PGi has been a global leader in virtual meetings for over 20 years. Our cloud-based solutions deliver multi-point, real-time virtual collaboration using video, voice, mobile, web streaming and file sharing technologies. PGi solutions are available via desktops, tablets and mobile devices, helping businesses worldwide be more productive, mobile and environmentally responsible. PGi has a global presence in 25 countries and an established base of over 40,000 enterprise customers, including 75% of the Fortune 100™. In the last five years, we have hosted nearly one billion people from 137 countries in over 200 million virtual meetings. For more information, visit PGi at www.pgi.com.
About Junior Achievement's Chick-fil-A Foundation Discovery Center Junior Achievement's Chick-fil-A Foundation Discovery Center is a state-of-the-art financial literacy and career-readiness center located in Building C of the Georgia World Congress Center that will house two interactive venues, JA BizTown and JA Finance Park®. Both simulations will be designed as marketplaces representative of the local business community with storefronts that include AIG, AT&T, Assurant, Atlanta CEO Council, Atlanta Falcons, Atlanta Hawks, Atlanta Tech Village, Advanced Technology Development Center at Georgia Tech, AutoTrader.com, Bank of America, Belk, Bennett Thrasher, Chick-fil-A, The Community Foundation for Greater Atlanta, Delta Air Lines, Elavon, Emory Healthcare, EO Atlanta, Equifax, First Data, Gas South, Georgia Power, Georgia State University, Harry Norman, Hire Dynamics, ING, Jackson Healthcare, KIA Motors, Kaiser Permanente, Kauffman Tire, KSU Coles College of Business, Lockton, Metro Atlanta Chamber, NCR, Newell Rubbermaid, PGi, Post Properties, Publix Super Markets, Purchasing Power, RockTenn, SunTrust Bank, Technology Association of Georgia, United Way of Greater Atlanta, UPS, Walmart and Wells Fargo. While on-site, the students will immerse themselves in reality-based, decision-making processes, addressing common challenges adults experience daily in their personal and professional life. The JA Discovery Center is set to open in the fall of 2013 and will serve more than 30,000 sixth through eighth grade students from Atlanta Public Schools, DeKalb County Schools and Fulton County Schools each year. For more information visit http://www.georgia.ja.org/programs/DiscoveryCenter.php.
Statements made in this press release, other than those concerning historical information, should be considered forward-looking and subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and are made based on management's current expectations or beliefs as well as assumptions made by, and information currently available to, management. A variety of factors could cause actual results to differ materially from those anticipated in Premiere Global Services, Inc.'s forward-looking statements, including, but not limited to, the following factors: competitive pressures, including pricing pressures; technological changes and the development of alternatives to our services; market acceptance of our cloud-based, virtual meeting solutions, including our iMeet® and GlobalMeet® solutions; our ability to attract new customers and to retain and further penetrate our existing customers; our ability to establish and maintain strategic reseller relationships; risks associated with challenging global economic conditions; price increases from our telecommunications service providers; service interruptions and network downtime; technological obsolescence and our ability to upgrade our equipment or increase our network capacity; concerns regarding the security and privacy of our customer's confidential information; future write-downs of goodwill or other intangible assets; greater than anticipated tax and regulatory liabilities; restructuring and cost reduction initiatives and the market reaction thereto; our level of indebtedness; risks associated with acquisitions and divestitures; indemnification claims from the sale of our PGiSend business; our ability to protect our intellectual property rights, including possible adverse results of litigation or infringement claims; regulatory or legislative changes, including further government regulations applicable to traditional telecommunications service providers and data privacy; risks associated with international operations and market expansion, including fluctuations in foreign currency exchange rates; and other factors described from time to time in our press releases, reports and other filings with the Securities and Exchange Commission, including but not limited to the "Risk Factors" section of our Annual Report on Form 10-K for the year ended December 31, 2012. All forward-looking statements attributable to us or a person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We do not undertake any obligation to update or to release publicly any revisions to forward looking statements contained in this press release to reflect events or circumstances occurring after the date of this press release or the date of the statement, if a different date, or to reflect the occurrence of unanticipated events.
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