CCHZ

Career College Holding Company Inc, formerly Worldsage Inc., is engaged primarily in the development of a broadcasting network over the Internet, including streaming services, integrated e-commerce solutions, a customized media player and simulated live Internet-only radio stations. In May 2001, the Company made a voluntary assignment in bankruptcy under the Canadian Bankruptcy and Insolvency Act. The Company offers a streaming media broadcast solution to radio and other content providers and Internet sites through its network associate program. The centerpiece of its broadcast network solution is the Company's Player, a streaming media player built for the Company by RealNetworks, Inc. and further developed by the Company. It enables Internet users to experience multimedia content streamed over the Internet. Using its media player, Internet users can stream live and simulated live audio, video and other multimedia content, such as radio feeds.