Chicago Mercantile Exchange Inc. Taps Click2learn’s Aspen Platform for Workforce Performance Initiatives
BELLEVUE, Wash.–Jan. 24, 2002–Click2learn (Nasdaq:CLKS) announced today
that Chicago Mercantile Exchange Inc. (CME) has selected the Aspen(TM) Enterprise
Learning Platform as the backbone for its workforce performance programs.
The Aspen Learning Management Server (LMS) will serve as a single point of management
for all the company’s workforce training programs, including traditional classroom
instruction and custom-developed e-Learning content.
Aspen LMS will be fully integrated with the CME’s PeopleSoft enterprise resource
planning (ERP) system in order to exchange key employee data. That integration,
combined with Aspen’s broad capacity to catalog corporate skills and competencies,
enables the company to precisely target professional development programs to
meet its changing business needs.
"We selected Click2learn after a thorough review of the leading learning
technology providers. Click2learn’s depth of expertise was evident in its Aspen
platform, which provides a complete, robust and scalable technology to meet
current and future learning needs," said DeBorah Lenchard, CME’s associate
director, professional development and education.
"We look forward to working with Click2learn and Aspen as we advance continuous
learning programs that we believe are critical to improving employee skills
and focusing on shareholder value."
CME has opted to host its learning platform with Click2learn, reducing IT requirements
for system maintenance and updates and taking full advantage of Click2learn’s
learning technology integration expertise.
"We’re pleased to be working with Chicago Mercantile Exchange to improve
the delivery of learning initiatives that foster the growth of its highly skilled
and innovative workforce," said Kevin Oakes, chairman and CEO of Click2learn.
"The organization’s selection of Aspen demonstrates our platform’s strength
in improving intellectual capital development programs within rigorously regulated
Described by industry analysts as the new model for enterprise learning technology,
Click2learn’s Aspen 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 Chicago Mercantile Exchange Inc.
Chicago Mercantile Exchange Inc. (www.cme.com) is an international marketplace
that brings together buyers and sellers on its trading floors and GLOBEX(R)
around-the-clock electronic trading platform. CME offers futures contracts and
options on futures primarily in four product areas: interest rates, stock indexes,
foreign exchange and commodities. The exchange moves about $1.5 billion per
day in settlement payments and manages $28.2 billion in collateral deposits.
CME is a wholly owned subsidiary of Chicago Mercantile Exchange Holdings Inc.
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, Canada, 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.
Sara Britton, 425/637-5872 (Public Relations)
Jeff Howlett, 425/637-1514 (Investor Relations)