The authors surveyed faculty and students in Association to Advance Collegiate Schools of Business-accredited U.S. business colleges on their use of information technologies in distance education and their perceptions of the technologies' effect on productivity and technology preference. The authors collected data from 140 professors across the nation and 300 students from 4 states. The findings indicated that faculty and students used Internet-based tools heavily and perceived them as productivity enhancers. However, significant differences existed between faculty and students (e.g., although significantly more instructors preferred using TV-based live video and audio, significantly more students preferred using Internet live video and audio). (Contains 5 tables.)