New technology, which is eliminating the barriers of time and distance, is also challenging the existence of traditional, geographically based campuses and curriculum based on textbooks. Universities need to update curriculum to conform to changes in the teacher's role from provider of knowledge to facilitator of life-long learning. Technological tools facilitate virtual meetings and group collaboration, and are motivating students to participate in their education. Tools are connecting students to colleagues, teachers, universities and libraries and are improving course quality by widening cohort groups. Technology provides an opportunity to make a university attractive by offering customers a unique service. This literature review paper looks at the four information technology fields (computer hardware, computer software, communications, and information services) which are changing the way people communicate, teach, and learn. It describes the change in the way knowledge is shared and delivered and looks at teachers' new role in education. The paper reviews the new technological tools that are being used to improve course quality and to provide distance education, looking at the advantages and problems that these tools cause. (Contains 67 references.) (Author/AEF)