WBT Systems Reaches Another Major Milestone based on Fixed Price – QuickValue® Methodology

March 4, 2005

Dublin, Ireland – March 3rd, 2005 – WBT Systems, a global leader in enterprise e-learning solutions today announces the successful delivery of major new implementations using its unique methodology – QuickValue®. By controlling complex projects against key success metrics QuickValue® has enabled the successful delivery of over 200 installations since its inception 3 years ago. It is currently being used in major implementations at World Bank, Standard Life, Zurich Group and PfizerWBT Systems has been conducting successful learning and performance management implementations since 1995 with some 2,000,000 users now licensed to use its award winning TopClass enterprise software. From this vast experience in organizations such as Dow Chemical, Diageo and Credit Suisse, the company has derived a unique implementation approach, the QuickValue® Methodology, to manage and deliver its implementations. QuickValue® defines the processes, templates, tools and best practices to deliver complex projects. It enables WBT consultants to confidently predict schedules and budgets, assess risk and communication requirements while tailoring these to the unique needs of each project.

WBT’s planning and implementation consulting services are delivered by WBT’s Enterprise Solutions Division (ESD). ESD exemplify best practice by taking a strategic, business-orientated approach to address all aspects of a learning program. The Division has grown significantly in recent years and will continue to be central to the company strategy. Comprised of learning consultants, solution architects, program & project managers, technical consultants and industry experts, ESD offers customers a winning combination of proven business and technology knowledge that helps reduce risk and deliver timely, repeatable results.

“Apart from underpinning our services offering QuickValue® has contributed significantly to WBT winning a number of new deals. Customers were impressed with the range of skills and disciplines in the ESD group and our track record to date of successful implementations using such a highly disciplined project management methodology”, commented Sheena Bailey, Vice President of the Enterprise Solutions Division. “We are also working with our network of partners to enable them to apply QuickValue® so that all projects are delivered in a consistent manner”.

About WBT Systems
WBT Systems is one of the leading providers of intelligent learning solutions across the globe. Its solutions help organizations to address the business issues that are imperative to success in an increasingly competitive world. Best of breed solutions include mitigating risk and reducing costs by implementing advanced, robust compliance tracking solutions and driving top-line performance through enabling sales and customer services channels. WBT’s implementation experience spans a variety of industries, including financial services, healthcare, government, and pharmaceuticals in blue-chip companies such as ABB, AHIMA, Alexander Forbes, Basler Insurance, Belgacom, Clinphone, Credit Suisse, Danish Confederation of Trade Unions, Diageo, Dow Chemical, Eurocontrol, Husqvarna, Innovatia, Liberty Group, Ryanair, Smith & Nephew, Valero, Volvo CE and World Bank. WBT Systems’ is recognised as a leader in both the e-Learning Suite and LMS Magic Quadrant Reports by the Gartner Group. Established in 1995, WBT Systems is headquartered in Dublin, Ireland with offices in the US, Canada, UK, Germany and the Netherlands. For more information, see http://www.wbtsystems.com