Click2learn Maintains Leadership Position in New Learning Management Technology Report

February 9, 2003

BELLEVUE, Wash.–Feb. 4, 2003–Click2learn (Nasdaq:CLKS), a leader in enterprise productivity solutions, announced today that it has been ranked a market leader in the newly released “Learning Management Systems Platforms METAspectrum Market Summary,” from the META Group, a leading research and consulting firm, focusing on information technology and business transformation strategies.

This marks the second consecutive time the analyst firm has placed the company in the “Leader” category in its report on the learning technology market.

The new METAspectrum report provides an in-depth evaluation and objective assessment of 12 learning technology providers who “have demonstrated considerable investment in addressing this market, both in product R&D and in corporate positioning and marketing.” META Group rated each organization on its market presence and technology performance, ultimately ranking it as a “Leader,” “Challenger,” or “Follower.” Based on its evaluation, META “recommends that G2000 organizations look to the vendors in the leader sector first for a best-of-breed enterprise e-learning platform.”

As a Leader in the report, Click2learn was recognized for its capabilities spanning learning content management, course development and skills management, as well as for its financial and market stability, innovation and execution. Further, Click2learn and its Aspen Enterprise Productivity Suite(TM) earned high rankings for its vision and strategy; its success building channel partnerships; its global reach and market share; its comprehensive technology offering; and the high quality of its personnel.

“In 2002 Click2learn has further enhanced its leadership position in the METAspectrum report. We believe the company is well-positioned to continue executing successfully on its integrated ONE platform strategy and its enhancements to the Aspen Suite seem to be strongly resonating with current and potential customers,” said Jennifer Vollmer, META Group research analyst and author of the report. “The energy and single-minded focus that Click2learn has dedicated to product innovation and customer success sets a new standard for the industry and is a great model for others to emulate.”

“It’s an honor to be recognized by META Group as a leader in our industry. The positive outcome of META’s analysis of Click2learn, as well as its survey of our customers, is the result of our innovative product strategy and our customer-centric approach,” said Kevin Oakes, Click2learn chairman and CEO. “We have spent considerable time listening to our customers and working closely with them to identify how corporate learning aligns with their business goals. With Aspen, we’ve helped many leading Global 2000 organizations increase their productivity and overall business performance, while at the same time helping them realize significant cost savings. This success is helping to elevate the role of learning and knowledge sharing within global enterprises, and the view of Aspen as a mission-critical application in many leading organizations.”

Click2learn’s highly acclaimed Aspen Enterprise Productivity

Suite(TM) enables organizations to strategically manage corporate knowledge and workforce productivity to improve business performance. With Aspen organizations can — for the first time — enjoy a comprehensive, integrated solution for their learning needs. Aspen facilitates information management, knowledge exchange and multi-modal training, all under one platform with one seamless user experience. The Aspen Suite consists of separate but integrated modules,

including:

— Learning Management (LMS)

— Learning Content Management (LCMS)

— Virtual Classroom (VCS)

— Performance Management

— Collaboration, Knowledge Exchange & Instant Messaging

— Information Management

— Simulation Creating and Editing

— Auditing & Compliance Tracking

Whether organizations choose to deploy the entire Aspen suite, or to integrate select Aspen applications with existing infrastructure, Aspen’s standards-based (AICC, SCORM, XML, etc.) modular and open architecture is designed to lower the total cost of ownership of learning solutions.

About METAspectrum

METAspectrum(sm) evaluations from META Group (Nasdaq:METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum, in combination with META Group’s SPEX modules — which provide detailed technical analysis of product features and capabilities — delivers comprehensive evaluations of both technology markets and vendor product offerings. METAspectrum evaluations are a standard component of a META Group retainer service subscription and are updated quarterly, biannually, or annually, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit www.metagroup.com/metaspectrum. For more information on META Group’s SPEX offerings, visit www.checkspex.com.

METAspectrum(sm) market evaluations and results are the sole property of META Group, Inc. and are Copyright (C) 2002 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product.

METAspectrum Disclaimer Copyright (C) 2002 META Group, Inc. All rights reserved. Permission to reproduce this research has been granted by META Group, Inc. Any further reproduction or redistribution of this research in any form without prior written approval is prohibited. METAspectrum is META Group’s independent evaluation of a technology market, representing marketplace characteristics at a given time and are subject to change without notice. META Group’s permission to reproduce this evaluation should not be deemed to be an endorsement of any company or product. META Group research is intended to be one of many information sources and decision-makers should not rely solely on the METAspectrum evaluation for making solution choices. META Group expressly disclaims all warranties, express or implied, including but not limited to fitness of this research for a particular purpose or merchantability.

About Click2learn

Click2learn (Nasdaq:CLKS) is the recognized leader in enterprise productivity solutions for Global 2000 organizations and government agencies seeking to improve business performance and workforce productivity. Using Click2learn’s Aspen Enterprise Productivity Suite(TM), many of the world’s best-known corporations improve sales force readiness, achieve and demonstrate regulatory compliance, improve speed and quality of customer service, and educate customers and partners, while at the same time realizing significant cost savings. Click2learn’s clients include Accenture, American Airlines, AstraZeneca, Century 21, Fujitsu, Microsoft, Pfizer, Symantec, and Towers Perrin. Based in Bellevue, Wash., with offices throughout the U.S., Click2learn (www.click2learn.com, 800.448.6543) also is represented in Europe, Australia, Japan and India.

This announcement contains forward-looking statements that involve risks and uncertainties, including information contained in this document where statements are preceded by, followed by or include the words “believes,” “plans,” “intends,” “expects,” “anticipates” or similar expressions. For such statements, The Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors that could cause actual results to differ from those contained in the forward-looking statements include, market acceptance of Click2learn’s e-learning solutions and competing e-learning offerings, the ability to successfully implement Click2learn’s solutions and increase revenues, the ability to successfully address technological developments and standards and the risk factors set forth in filings the Company has made with the SEC. Click2learn, Aspen and ToolBook are trademarks of Click2learn. All other company and product names are the trademarks of their respective owners.


CONTACT: Click2learn

Marketing Communications:

Karen Peck, 425/637-1643

karen.peck@click2learn.com

or

Investor Relations:

John Atherly, 425/637-1557

john.atherly@click2learn.com