Wachovia Chooses Element K E-learning Content for Workforce Development

April 3, 2003

The training will assist Wachovia in providing all employees with additional skills and knowledge that enable them to perform their job functions and provide exceptional customer service.

“We chose Element K based on the excellent usability and quality of their content, the performance of the content with our existing bank infrastructure and learning management system, and Element K’s commitment to outstanding customer support,” said Scott Sutker, vice president of Wachovia’s Learning Strategy Group. “Element K now enables us to reach more employees with more opportunities for skill and knowledge development, helping Wachovia continue to provide clients with superior service and advice.”

“Providing its workforce with access to quality e-learning content speaks volumes about Wachovia’s overall commitment to quality – for its employees, and ultimately, its customers,” said Doreen Bieryla, senior vice president at Element K. “We’re pleased to be part of Wachovia’s commitment to training and service.”

About Wachovia

Wachovia Corporation (NYSE:WB), created through the September 1, 2001, merger of First Union and Wachovia, had assets of $342 billion and stockholders’ equity of $32 billion at December 31, 2002. Wachovia is a leading provider of financial services to retail, brokerage and corporate customers throughout the East Coast and the nation. The company operates full-service banking offices under the First Union and Wachovia names in 11 East Coast states and Washington, D.C., and offers full-service brokerage with offices in 49 of the 50 states. Global services are provided through more than 30 international offices. Online banking and brokerage products and services are available through wachovia.com.

About Element K

Element K is a leading provider of e-learning solutions for technology and business skills serving Fortune 1000 companies, schools and universities, government organizations and individuals. Element K has a 20-year history in computer training and is a pioneer in courseware development and e-learning. The company launched its e-learning offering in 1996, making it the first company to offer interactive IT content on the Web. Today, Element K offers more than 1000 online courses in information technology and business skills. Its engaging and interactive online training solutions feature collaborative, instructor-facilitated online courses, self-paced tutorials, vLabs® hands-on exercises on remote hardware, professional certifications, a comprehensive reference library and KnowledgeHub, a next-generation learning management system. Element K’s professional services include learning management consultants to assist with deployment and a participation development team to help maximize participation and return on investment. For more information on Element K’s offerings, visit www.elementk.com.

Copyright 2003 Element K LLC. All rights reserved. Element K and KnowledgeHub are trademarks of Element K LLC.


Susan Stim

Element K

(585) 214-8844


Susan Stim

Public Relations

Element K

phone: 585.214.8844

fax: 585.295.9120