Chicago Mercantile Exchange Inc. Taps Click2learn’s Aspen Platform for Workforce Performance Initiatives

January 25, 2002

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. ( 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.

About Click2learn

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 (,

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.

CONTACT: Click2learn

Sara Britton, 425/637-5872 (Public Relations)


Jeff Howlett, 425/637-1514 (Investor Relations)