For the Second Year, Tech Researchers List Pathlore Software Corporation as an E-Learning Leader

February 19, 2003

Gartner defines LMS as the infrastructure on which e-learning can be built and delivered. Gartner’s qualitative evaluation of Pathlore and the other LMS providers appears in a February 13, 2003, report by Gartner Analyst James Lundy titled, “2003 LMS Magic Quadrant: Enter the Powerhouse Vendors.” Pathlore was also listed in the leader quadrant in the 2002 Gartner LMS Magic Quadrant report. Gartner’s Magic Quadrants consist of a qualitative evaluation of a set of vendors in a specific market.

According to Gartner, Inc., LMS leaders are vendors who are performing well today, have a clear vision of market direction and are actively building competencies to sustain their leadership position in the market. In writing the most recent LMS report, Gartner’s Lundy analyzed the financial stability, customer base, and product offerings of the 26 LMS providers.

“Since 1995, Pathlore has consistently generated a profit, which distinguishes the company from a number of its competitors,” said George Troutman, chief financial officer of Pathlore. “When it comes to attracting customers, our company’s financial stability is clearly a strong selling point.”

In spite of the continued slump in technology spending, Pathlore, during 2002, generated approximately $22.5 million in revenue. A fact that led Columbus Business First, Central Ohio’s weekly business magazine, to rank Pathlore as one of Columbus’ 50 fastest-growing companies. The growth in revenue stems from Pathlore’s ability to win deals in the areas of banking, healthcare, and state and local government. In 2002, the Ohio-based company signed more than 150 contracts with companies and organizations including the United Kingdom’s Office of Government Commerce (OGC), the body that sets the commercial business standards by which the United Kingdom’s 450,000 central government employees operate, Delta Air Lines, HIP Health Insurance Plan of New York, metropolitan New York’s largest HMO, Mail Boxes, Etc., and the San Francisco Bay Area Rapid Transit District (BART). The Columbus, Ohio, software company’s ten largest customers are using Pathlore LMS to train more than one million employees.

About Pathlore

Founded in 1995, Columbus, Ohio-headquartered Pathlore develops software that manages, tracks, and reports on corporate training. Customers use Pathlore’s products to increase sales, comply with government regulations, and adhere to quality initiatives. The privately held company’s client roster includes Delta Air Lines, NEC America Inc., PNC Bank, Southwest Airlines, more than 100 hospitals and healthcare providers, and government agencies in over 30 states such as California, Ohio, and Texas. Pathlore also has offices in Italy, New Zealand, and the United Kingdom. More information about Pathlore is at http://www.pathlore.com.

Pathlore is a registered trademark of Pathlore Software Corporation. All other registered and unregistered trademarks and trade names are the property of their respective owners.

The Magic Quadrant is copyrighted February 2003 by Gartner, Inc. and is reused with permission, which permission should not be deemed to be an endorsement of any company or product depicted in the quadrant. The Magic Quadrant is Gartner, Inc.’s opinion and is an analytical representation of a marketplace at and for a specific time period. It measures vendors against Gartner defined criteria for a marketplace. The positioning of vendors within a Magic Quadrant is based on the complex interplay of many factors. Gartner does not advise enterprises to select only those firms in the “Leaders” quadrant. In some situations, firms in the Visionary, Challenger, or Niche Player quadrants may be the right matches for an enterprise’s requirements. Well-informed vendor selection decisions should rely on more than a Magic Quadrant. Gartner research is intended to be one of many information sources including other published information and direct analyst interaction. Gartner, Inc. expressly disclaims all warranties, express or implied, of fitness of this research for a particular purpose.

For more information on the Gartner 2003 LMS Magic Quadrant, please visit http://www.gartner.com/.




Contact:

Bill Perry, Pathlore Software Corp.

(614) 781-7271

bperry@pathlore.com