Wikipedia
LearnStream was an elearning company based in Fredericton, Canada. The company was started in 1998 through a leveraged management buyout of the product development group from its former parent company, FirstClass Systems Corp based in White Rock, BC.
The company was founded by entrepreneurs Ken Reimer, and Phil Lambert, who raised the capital and engineered the management buyout from the parent company. Reimer was previously president of FirstClass Systems Product Development Corporation, and had previous entrepreneurial adventures in Western Canada. Lambert was previously vice president of FirstClass Systems Product Development Corporation and brought extensive experience with large multi-national manufacturers and small start-ups to the venture.