BELLEVUE, WA – March 18, 2002 - Click2learn (NASDAQ: CLKS) announced today that the WorldWide Retail Exchange (WWRE), the world`s premier business-to-business exchange for retailers and suppliers, has selected Aspen Enterprise Learning PlatformTM for a global training initiative targeted at the WWRE`s global membership base.
Aspen will enable the WWRE to offer its members highly specialized training on group purchasing, auction circuits, private label orders and other global procurement programs. Retailers and suppliers can use Aspen to record and share information and experiences related to WWRE`s global procurement systems and processes, and WWRE can capture and analyze this feedback for continuous improvement.
"Click2learn`s Aspen platform offered the best single-source solution for creating, deploying and tracking global training. Hosting the program with Click2learn also allows us to launch our program more quickly, while giving us the flexibility to scale the program as we grow. But Aspen also goes far beyond the traditional training systems on the market today, offering us unique collaborative features that will allow members of supply chains to share information. This is a critical element for process improvement and something we`re quite excited about," said Colin Dyer, chief executive officer of the WWRE. WWRE has purchased the full Aspen product suite, enabling the organization to take advantage of Aspen`s integrated learning management (LMS), learning content management (LCMS) and collaborative capabilities.
Aspen`s LCMS technology will enable the WWRE to develop its content in-house, saving time and costs associated with creating and updating training programs. Aspen makes it easy for business professionals without special programming skills to work with developers to create interactive content based on learning objects. This modular content is especially useful for large-scale learning programs, and for customizing learning tracks for to specific member organizations or geographic regions.
This content will be distributed worldwide via the Aspen Learning Management ServerTM. WWRE will use Aspen`s capacity for tracking skills and competencies to assess how well the training is working, and refine training to meet the needs of different companies and different learners. In addition, the platform will be hosted through Click2learn, allowing WWRE to minimize IT system maintenance and quickly scale their learning program as membership rises. Described by industry analysts as the new model for enterprise learning technology, Click2learn`s Aspen Enterprise Learning Platform is designed to facilitate the capture, management and dissemination of corporate knowledge to improve productivity and business performance.
The platform has an open architecture and is made up of three modular but independent components that are designed to work as an integrated system. The Aspen Learning Management Server (LMS) is used for competency management, skills-gap analysis, tracking of assessments and resource management for either e-Learning or instructor-led training. The Aspen Content Development Server (CDS) is used to rapidly author highly effective e-Learning content and manage large, team-based content development projects. And the Aspen Learning Experience Server (LXS) delivers a personalized learning experience to improve knowledge transfer and facilitate knowledge exchange with a community of peers and experts.
About the WWRE®
The WWRE® is the premier Internet-based business-to-business exchange in the retail e-marketplace. The Exchange was created with the fundamental purpose of reducing costs and improving efficiencies throughout the supply chain, employing product and service solutions typical of a global procurement and supply operation. Designed to facilitate and simplify trading between retailers, suppliers, partners and distributors, the WWRE® currently consists of 59 retail members from Africa, Asia, Europe, North America and South America with combined sales of over U.S. $845 billion. To date, the WWRE® has saved its members over $300 million through the use of online negotiations, its first product offering. For more information, visit the website at www.wwre.org or www.worldwideretailexchange.org
Click2learn (NASDAQ: CLKS) is a provider of enterprise software for Global 2000 organizations seeking to capture, manage and disseminate knowledge throughout their extended enterprise. Using Click2learn`s Aspen Enterprise Learning Platform, organizations can deploy highly interactive, personalized learning initiatives to achieve strategic business objectives. Many of the world`s best-known corporations use Click2learn`s technology and award-winning content development services to improve workforce performance, educate customers, and publish large volumes of learning content. Click2learn`s clients include Microsoft, Fidelity Investments, Wells Fargo, Symantec, Prudential, American Airlines, ADC Telecommunications, Ernst & Young and the New York Stock Exchange.
Based in Bellevue, Wash., Click2learn [www.click2learn.com, 800.448.6543] operates offices in the United States, Europe, and Japan.
This announcement contains forward-looking statements that involve risks and uncertainties, including information contained in this document where statements are preceded by, followed by or include the words "believes," "plans," "intends," "expects," "anticipates" or similar expressions. For such statements, The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors that could cause actual results to differ from those contained in the forward-looking statements include, market acceptance of Click2learn`s e-learning solutions and competing e-learning offerings, the ability to successfully implement Click2learn`s solutions and increase revenues, the ability to successfully address technological developments and standards and the risk factors set forth in filings the Company has made with the SEC.
Click2learn and Aspen are trademarks of Click2learn. All other company and product names are the trademarks of their respective owners.