Click2learn Regains Nasdaq National Market Compliance

On September 3, NASDAQ notified the company that its common stock had failed to maintain a minimum bid price of at least $1 per share over the previous 30 consecutive trading days as required by the NASDAQ Marketplace Rule 4450(a)(5) and that the company had 90 days to regain compliance. Since then, the closing bid price of the company’s common stock has been at $1 per share or greater for at least 10 consecutive trading days.

About Click2learn

Click2learn is a provider of enterprise software for Global 2000 organizations seeking to capture, manage and disseminate knowledge throughout their extended enterprises. Using Click2learn’s Aspen Productivity Suite(TM), organizations can deploy highly interactive, personalized learning initiatives to achieve strategic business objectives. Many of the world’s best-known corporations use Click2learn’s technology to improve workforce performance, educate customers, and publish large volumes of learning content. Click2learn’s clients include Accenture, American Airlines, AstraZeneca, Century 21, Fujitsu, Microsoft, Pfizer, Symantec, and Towers Perrin. Click2learn, www.click2learn.com, 800/448-6543, is based in Bellevue, Wash., operates offices in the United States and internationally.

CONTACT:

Click2learn

Karen Peck

425/637-1643

karen.peck@click2learn.com

John Atherly

425/637-1557

john.atherly@click2learn.com