Click2learn Updates ToolBook II Assistant, Simplifying e-Learning Authoring

March 7, 2001

BELLEVUE, WA – Click2learn (NASDAQ: CLKS) introduced today an update to its ToolBook II Assistant e-Learning authoring software, designed to make it ever more simple for non-programmers to create and deliver web-based learning content.

With ToolBook II Assistant 8.0, subject matter experts can take advantage of a simple drag and drop interface – as well as a new host of interactive learning features – to develop and publish interactive learning content via the Web or in CD-ROM format. Assistants standards-based approach to e-Learning authoring also allows web-based content to be easily tracked and managed by learning management systems that comply with the industrys popular AICC and SCORM standards.

In addition, once content is published to the Web, Assistants DHTML export enhancements allow authors to rapidly post updates and changes.

The bulk of learning and information that major organizations need to deliver to their employees and customers is unique, custom content – covering specific products, services, or skills. Historically, these organizations have relied on external developers to create most of their unique content. But as the need for greater quantities of learning content has increased, companies are looking at ways to create unique content more quickly and more simply, by involving their internal subject matter experts in the process of content creation, said Brad Crain, Vice President, Learning Tools, for Click2learn.

With Assistant, we make it easy for a companys experts to deliver their skills and knowledge throughout their organization by providing them with an interface and user experience that is easier to use than any other authoring solution on the market. By integrating the web-based content output with other Click2learn solutions – including our learning management systems – ToolBook content can be delivered, tracked and managed seamlessly across the entire enterprise.

ToolBook II Assistant is especially well-suited for situations in which companies need subject matter experts to create e-Learning content for employees on a regular basis, but with constant and rapidly changing dynamic material. Often, this includes education involved with new product rollouts, regular updates to a companys product or service offerings in order to provide better customer service, or courses on how to navigate enhancements to mission-critical systems. ToolBook II Assistant is one of three different products in Click2learns suite of authoring solutions. The suite also includes ToolBook II Instructor – designed for individual e-Learning developers and instructional designers, as well as Click2learns Rapid e-Learning Development System (ReDS) – a collaborative platform designed for team-based authoring for large-scale learning initiatives.

New Catalog Design and Content Export

Unlike other web development software on the market today, ToolBook II is specifically optimized for use in e-Learning initiatives. With ToolBook, authors can quickly integrate special learning-related assessment objects, graphics, and actions to create effective courses that comply with e-Learning specifications.

ToolBook II Assistant 8.0, which will ship in May, features a streamlined catalog layout, making it easy for authors to find and use Assistant’s pre-programmed e-Learning objects. The release also supports all popular media formats, allowing authors to add in interactive elements created for them in formats from Microsoft, Macromedia and RealNetworks.

Expanded Standards Compliance

In addition to adding more interactive capabilities, ToolBook II Assistant 8.0 includes expanded support for e-Learning standards that allow courses and management platforms to work together seamlessly.

Assistant 8.0 complies with the application product interface specifications recently established by the Sharable Course Object Reference Model (SCORM). This compliance allows authors to create courses that can be delivered across different learning platforms and customized to meet the needs of individual learners.

ToolBook II is also certified by the Aviation Industry CBT Committee (AICC), an e-Learning standards groups that sets important guidelines for organizations to create and manage compatible online learning content. This certification allows courses created in Assistant to be integrated into any AICC-compliant learning management system, where learners progress can be tracked and managed.

Pricing

ToolBook II Assistant 8.0 is available for purchase today and will ship in May. It is priced at $1,495 for first-time purchases; upgrade prices start at $495. Discounts are available for quantity purchases and education and government customers. Assistant 8.0 may be purchased directly through Click2learn or through the Click2learn network of value-added resellers. For purchase information, please contact the company at (800) 448-6543 from North America, or (425) 637-1500 from outside the United States, or online at www.click2learn.com/sales/.

About Click2learn

Click2learn (NASDAQ: CLKS) is the leading integrated e-Learning solutions provider to Global 2000 organizations. The company provides a comprehensive solution that includes learning management and delivery systems, content creation services and tools, and e-Learning design and delivery expertise to improve workforce performance and commercialize intellectual property. Click2learn is headquartered in Bellevue, Washington, with offices in other U.S. cities, Europe and Japan. The companys customers represent a wide variety of industries, and include Microsoft, Fidelity Investments, Lucent Technologies, Wells Fargo, Morningstar, American Airlines, ADC Telecommunications, and GE. For more information about Click2learns e-Learning solutions, call (800) 448-6543 or (425) 462-0501 or visit www.click2learn.com.

Sara Britton

Director of Public Relations

(425) 637-5872sara.britton@click2learn.com

Jeff Howlett
Director of Investor Relations

(425) 637-1514

jeff.howlett@click2learn.com

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 internet based training and the click2learn.com learning portal, the ability to successfully implement click2learn.com virtual universities and strategic relationships with content providers and other web-based companies, the ability of those relationships to result in increased users and increased revenues and the risk factors set forth in filings The Company has made with the SEC.