DigitalThink Development Tools Put Customers in Control
San Francisco, May 8, 2002 – DigitalThink, Inc. (Nasdaq: DTHK), a leading provider of e-learning business solutions to Global 2000 companies, announced today new content development tools for the DigitalThink E-Learning Platform, empowering customers to create and update content for delivery via DigitalThink.
“Openness and flexibility are critical attributes of a truly powerful e-learning solution,” said Mike Pope, president and CEO of DigitalThink. “DigitalThink’s new development capabilities give our customers more choice in the development and maintenance of their e-learning content, including access to our recently announced, SCORM-native learning delivery system.”
The new DigitalThink E-Briefings Producer enables customers to create their own e-briefings. The simple-to-use E-Briefings Producer allows anyone with basic PowerPoint skills to convert a presentation into a SCORM-based, Web-delivered, trackable e-learning module complete with multimedia and assessments. E-Briefings provide a solution for the rapid distribution of critical information to a large or dispersed audience.
DigitalThink’s new edit tool, DigitalThink Revise, gives customers editing privileges for the e-learning courses developed for them by DigitalThink, allowing them to independently update the content. The easy-to-use Revise tool has built-in version control, with the ability to revert to previous versions, and a built-in quality assurance process.
“DigitalThink wants to offer customers ultimate control in the development and maintenance of e-learning. These new tools allow them to roll up their sleeves and get involved,” said Umberto Milletti, vice president of solutions management at DigitalThink. “DigitalThink is continually working to ensure that our technology offers the highest degree of flexibility in order to meet the evolving needs of our current and future customers.”
DigitalThink partnered with Presedia Inc, the leader in technologies for rapid e-learning solutions, to offer E-Briefings Producer to DigitalThink customers.
In addition to the development capabilities that E-Briefings Producer and Revise provide, the DigitalThink learning delivery system makes it possible to deliver any standards-based e-learning content through the DigitalThink E-Learning Platform. The course content will be delivered in the DigitalThink Learning Environment, providing learners with a robust, engaging learning experience that only DigitalThink can offer.
DigitalThink, Inc. is the leading provider of e-learning business solutions to Global 2000 companies, delivering measurable business results through its award-winning content and powerful E-Learning Platform. The company’s complete array of e-learning solutions are tightly aligned with strategic business objectives, provide a highly engaging learning environment and include powerful management tools to measure learning effectiveness and return on investment (ROI). From workforce development to sales force effectiveness to customer acquisition and retention, DigitalThink e-learning has delivered business benefits to companies such as Charles Schwab & Co., Circuit City, DaimlerChrysler, Deutsche Bank, EDS, The Gallup Organization, GE Capital, KPMG Consulting, Mazda, McDonald’s, and Northwest Airlines. More information can be found on the Web at http://www.digitalthink.com/.
“Safe Harbor” Statement Under the Private Securities Litigation Reform Act 1995:
The statements contained in this release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, including statements regarding DigitalThink’s expectations, beliefs, hopes, intentions or strategies regarding the future. Forward-looking statements include statements regarding future sales and strategy, suitability of the DigitalThink Revise and E-Briefings Producer products to customer needs, capabilities of our current staff, beliefs about the ability of DigitalThink’s solutions to measurably impact our customer’s business, and the growth of the e-learning market. All forward-looking statements included in this release are based upon information available to DigitalThink as of the date hereof, and DigitalThink assumes no obligation to update any such forward-looking statement. Actual results could differ materially from DigitalThink’s current expectations. Factors that could cause or contribute to such differences include, but are not limited to, our limited operating history, expected fluctuation of our quarterly revenues, our ability to recognize revenues in accordance with our expectations, successful hiring and retention of qualified staff, the integration of our India operations and the continued success of our channel and alliance programs, and other factors and risks discussed in DigitalThink’s periodic reports on file with the Securities and Exchange Commission pursuant to the Securities and Exchange Act of 1934.
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