Parchment Diploma Services Enhances Student
Mobility With Print and Digital High School Diplomas
SALT
LAKE CITY, Feb. 27, 2024 /PRNewswire/ -- Today
Parchment, an Instructure company, the leader in academic
credentials management, announced the first and only print and
digital diploma solution for K-12. Parchment Diploma Services makes
it easy for schools, districts, and state agencies to give their
students a traditional graduation experience while communicating
their achievements in today's world with a digital, shareable, and
verifiable diploma.
Parchment now has a way for students to
share their achievements in today's world with a digital and
verifiable diploma.
In the rapidly changing landscape of education and employment
pathways, the ability to showcase and digitally verify what a
student has learned in high school plays a pivotal role in helping
students transition into their post-high school future. The
traditional paper-only high school diploma fails to communicate a
student's accomplishments in a digitally-oriented professional
world. Parchment Diploma Services offers a solution that exceeds
the needs of a traditional graduation ceremony with both a print
and digital diploma. Digital diplomas are an immediately accessible
proof of achievement that can be shared both socially and
professionally, empowering graduates to put their credentials to
use. With Parchment Diploma Services, learners can access their
diplomas in the most widely adopted life-long credential profile,
alongside their high school transcripts and future credentials from
higher education institutions and employers.
Parchment's Diploma Services for K-12 offer numerous benefits
for students, administrators, schools, and districts:
For students:
- Access a digital diploma to share with prospective employers,
as a part of their growing professional profile, or with any third
party
- Receive a high-quality, print diploma to display
- Access Parchment's lifelong Credential Profile, where the
diploma, high school transcript, and future verifiable credentials
are stored
For school/districts:
- Best-in-class print diplomas with custom school, district, and
state branding
- Increased visibility and improved diploma management workflow,
including a history of diplomas issued within the Parchment Award
platform
- Quickly produce replacement diplomas with additionally supplied
branded diploma paper
- Create a memorable graduation experience for on-campus and
remote graduates alike
"Our Diploma Services solution for K-12 offers a way to reduce
the administrative burden associated with print diplomas, while
creating new ways for K-12 to help their students step into the
next stage of their lives," said Jason
Weaver, Vice President, Parchment Product and Technology at
Instructure. "Parchment Award gives schools a single place to
easily manage print and digital diplomas, transcripts,
certificates, digital badges, and dual enrollments, through a
digital experience that meets the expectations of their staff,
students, and parents."
Parchment Diploma Services is available today. For more
information, visit http://parchment.com.
About Instructure
Instructure (NYSE: INST) is an education technology company
dedicated to elevating student success, amplifying the power of
teaching, and inspiring everyone to learn together. Today the
Instructure Learning Ecosystem, comprised of its flagship product
Canvas LMS and several products serving K-12 and higher education,
supports tens of millions of educators and students around the
world. Learn more at www.instructure.com.
Parchment, an Instructure company, believes credentials matter
in the lifelong journey of a learner. Offering the most
comprehensive academic credential management platform and network,
Parchment helps learners, academic institutions and employers
request, verify and share transcripts, diplomas, and other
credentials in simple and secure ways. Learn more at
www.parchment.com.
Forward-looking Statements
This press release contains "forward-looking" statements, which
are subject to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995, including statements regarding
expectations and benefits of the acquisition of Parchment, the
combined company's growth, customer demand and application
adoption, and business strategy.
These statements are not guarantees of future performance, but
are based on management's expectations as of the date of this press
release and assumptions that are inherently subject to
uncertainties, risks and changes in circumstances that are
difficult to predict. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause
actual results, performance or achievements to be materially
different from any future results, performance or achievements.
Important factors that could cause actual results to differ
materially from those expressed or implied by these forward-looking
statements include the following: the ability to timely and
successfully achieve the anticipated benefits and potential
synergies of the acquisition of Parchment; the impact of the
announcement of the closing of the transaction on our business,
employees and suppliers, and on our investors and common stock;
risks associated with the continued economic uncertainty, including
high inflation, labor shortages, high interest rates, foreign
currency exchange volatility, and reduced spending by customers;
failure to continue our recent growth rates; the impact of the
Israel-Hamas war on the macroeconomic and geopolitical environment
and on our business; risks associated with future stimulus packages
approved by the U.S. federal government; our ability to acquire new
customers and successfully retain existing customers; the effects
of increased usage of, or interruptions or performance problems
associated with, our learning platform; the impact on our business
and prospects from pandemics; our history of losses and expectation
that we will not be profitable for the foreseeable future; the
impact of adverse general and industry-specific economic and market
conditions; failure to manage our growth effectively; and changes
in the spending policies or budget priorities for government
funding of Higher Education and K-12 institutions.
These and other important risk factors are described more fully
in the Company's most recent Annual Report on Form 10-K and
subsequent Quarterly Report on Form 10-Q and other documents filed
with the Securities and Exchange Commission and could cause actual
results to vary from expectations. All information provided in this
press release is as of the date hereof, and Instructure undertakes
no duty to update this information except as required by law.
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SOURCE Parchment, an Instructure company