March 22, 2002

Knowledge Factor developing systems to make e-learning more effective for students

LAFAYETTE ? What is knowledge?

?We don’t know what it is, but we know where it is ? in the heads of people,? said Patrick Engstrom, president and chief executive officer of Knowledge Factor Inc.

Engstrom and three others started the Lafayette-based company last year with $75,000 in personal funds from family, friends and themselves – to investigate better ways of developing and delivering e-learning information via the Internet.

The company projects $1 million in revenues for 2001-2002 and is looking for outside investors. Engstrom declined to give the company’s 2000-2001 revenues.

?We like to extend beyond the e-learning box…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
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