Click2learn Tapped for WorldWide Retail Exchange’s Training Solution
BELLEVUE, Wash.–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
Platform(TM) 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
Server(TM). 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(R)
The WWRE(R) 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(R) 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(R) 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
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 (www.click2learn.com, 800/448-6543) operates offices in the United
States and Europe.
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
(Public Relations)
Sara Britton, 425/637-5872
or
(Investor Relations)
Jeff Howlett, 425/637-1514
