Patron Store™ and MyVRSpot to merge to provide schools and districts with mission-critical technologies funded through shared revenue model
PORTLAND, Ore. (Sept. 19, 2012) – The Patron Company, developers of socially responsible e-commerce networks, announces today the acquisition of MyVRSpot from FTC Family of Companies to expand its suite of services for schools. The company will continue to operate MyVRSpot, the leading educational multimedia-sharing site with more than 1.2 million users, and plans to create a blended offering this fall.
The Patron Company has created and manages more than 2,900 custom online platforms for schools. Its flagship service, Patron Store is an expandable e-commerce platform that helps schools increase parental and community involvement, while raising funds with minimal time and resource investment. The platform fosters an online network of education supporters and provides a revenue model for schools to fund mission-critical technologies.
“We are bringing together our innovative fundraising network with the vibrant online community and engaging technologies in MyVRSpot to create a self-sustaining, scalable model for 21st century education,” said Roy Rose, CEO of the Patron Company. “Schools will soon have equitable access to effective technology resources that prepare students for college and their future careers.”
Connecting technology and curriculum, MyVRSpot provides students and educators with a safe online space to create and share their content, manage their online presence, and develop academic expression through various mediums. The platform is CIPA and COPPA compliant.
“We built MyVRSpot to fill a significant gap in education for educationally relevant user-generated content in a safe, social networking environment,” said Michael Kessler, CEO of FTC Family of Companies. “We believe the merger with the Patron Company will enable MyVRSpot to become the online destination for students, educators, and parents, and a platform for business leaders and other community members to come together to support education and transform student learning through interactive online experiences.”
About Patron Company
Patron Company strengthens communities nationwide by empowering schools and nonprofits through socially responsible e-commerce networks. Combining years of business development expertise with a solid technology foundation, Patron Company provides schools and nonprofits with a complete, customized fundraising solution, Patron Store™, that expands to meet their evolving needs. The result is a new type of social network – organizations and their patrons, actively engaged in shaping their communities, connected with like-minded businesses. Visit www.patronstore.com to learn more.
About FTC Family of Companies
For more than 18 years, FTC Family of Companies has developed and published high-quality educational products and services that help K-12 schools and districts stay ahead of the technology curve. With their continued work with the MyVRSpot system, to their award-winning interactive game series and newly released Teacher Gaming Network, FTC will continue to lead the way in developing new technologies to help teachers engage students and get them excited about the curriculum being taught. For more information, visit www.ftcomp.com.
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