CollegeNET, Inc. of Portland, Oregon reported today that it securely processed 943,375 web-based admissions applications on behalf of higher ed institutional clients during calendar year 2004. CollegeNET works for institutional clients by serving web admissions forms for one or more schools within the institution–e.g. undergraduate, business, graduate, medical, and law.

The company designs each application form in collaboration with the appropriate admissions office so that it fits with the look and feel of the admissions website. Although CollegeNET serves and processes each form and any corresponding electronic payments, students link to the application from the admissions website operated by the school. According to Anton Leof, vice president of business development for CollegeNET: "2004 was a strong and growing year for all segments of our admission business. Schools appreciate the reduction of paper and the powerful, customer relationship management capabilities of our system."

As more universities jettison paper in favor of the web, security has become an increasingly important issue. According to Leof: "We believe our company is the only major processor of web admissions applications that is doing all processing on a secure, Linux, open-source foundation. Security comes from first-source engineering, open source protocols, and the organizational commitment to adjust systems ahead of evolving hacker methodologies." In addition to processing web admissions applications, CollegeNET processes higher ed tuition payments, housing deposits, parking fees, and on-line donations. The company has been issued 2 patents covering innovations in its underlying e-commerce processing technology.

About CollegeNET, Inc.
CollegeNET, Inc. (corp.collegenet.com) is focused on providing technologies that save institutions money and improve educational access and affordability for citizens. The company provides innovations in event and academic scheduling, admissions, web-based tuition processing, prospect management, alumni development and email management to colleges, universities and nonprofits worldwide. More than 1,000 institutions including University of Washington, University of Kansas, Cal Tech, and Virginia Tech now use CollegeNET e-solutions. The company is headquartered in Portland, Oregon.

For more information, inquiries should be made to: Anton Leof, director of business development, CollegeNET, telephone: (503) 973-5258; facsimile: (503) 973-5252