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Versal is a set of Internet based tools that allow teachers to create Internet courses. There are core tools, viewers, and labs, many of which are both useful and creative. A course could be created with text, graphic, and video content; utilizing a number of types of assessment tools; including mathematical simulations, world maps, and other special content. While not complete by any means, Versal is a tremendous start on a course creation tool of the future.
Here is a more detailed review.

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