Click2learn Rolls Out ToolBook Assistant 8.5

June 26, 2002

Easy-to-Use Learning Content Authoring Software More Scalable, Reliable and Robust With New, Powerful Capabilities for Creating Courseware

BELLEVUE, Wash.–(BUSINESS WIRE)–June 26, 2002–Click2learn

(Nasdaq:CLKS) today announced the availability of ToolBook Assistant 8.5, the newest version of its award-winning e-learning content authoring system.

ToolBook Assistant allows non-technical business users to easily create and distribute effective, interactive Web content without requiring them to know how to program.

This latest version of the desktop-based software features significantly enhanced capabilities, including deeper integration with Click2learn’s Aspen 2.0 Enterprise Learning Platform, an improved Web publishing interface, improved ability to convert legacy content, more extensive support for standards such as SCORM and AICC and greater compatibility with ToolBook Instructor 8.5, Click2learn’s authoring solution designed for course developers and instructional designers. “ToolBook has long been a favorite of Click2learn customers who need to be able to quickly create content to educate peers, partners and customers, but may not have the programming background required by more complex content development solutions,” said Srinivas Chandrasekar, vice president of technology at Click2learn. “ToolBook 8.5 offers these customers even greater options for authoring and disseminating key information, with standards-based technology that makes it as easy to deploy as it is to use.”

Key Toolbook Assistant 8.5 features include:

— Drag-and-drop interface allows easy creation and formatting of content

— Catalog contains authoring objects to build interactive content-assessment objects, media players, navigation panels and other interactive objects

— Ready-made business and education templates include templates for employee handbooks, sales and product training lessons and a variety of additional templates for general training and education needs

— Wizard-like “Specialists” prompt users for choices about the appearance and behavior of e-learning content and assist in deploying the content to web servers

— Ten assessment object types including true/false, multiple choice, drag and drop, match item, essay, etc., test users on understanding of content

— Question Objects define the number of attempts allowed for choosing correct answers and enable the choice of multiple correct answers

— Multi-media support accommodates sound, a range of animation formats, digital video, streaming media and still images, including PowerPoint and Flash presentations

— Deployment of content options include the Internet, a company intranet, a local area network (LAN) or on CD-ROM

— Standards support, including SCORM, AICC, IMS, and XML, allows easy integration with Aspen or any standards-based learning management system

More information on ToolBook, as well as a trial demo can be found at http://home.click2learn.com/en/toolbook/toolbook_assistant.asp.

Registration for free ToolBook Web seminars is at http://home.click2learn.com/en/webinarlist/index.asp.

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 to improve workforce performance, educate customers, and publish large volumes of learning content. Click2learn’s clients include Accenture, Albertsons, American Airlines, AstraZeneca, Century 21, Fujitsu, Microsoft, Pfizer, Symantec, and Towers Perrin. Based in Bellevue, Wash., Click2learn (www.click2learn.com, 800/448-6543) operates offices in the United States, Europe, Australia 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, Aspen and ToolBook are trademarks of Click2learn. All other company and product names are the trademarks of their respective owners.

CONTACT: Click2learn

Karen Peck, 425/637-1643, karen.peck@click2learn.com

Jeff Howlett, 425/637-1514, jeff.howlett@click2learn.com