Pensare Forms E-Learning Partnership With Cap Gemini Ernst & Young Creates New Content and Tools Based on the Book ‘Blur: The Speed of Change In the Connected Economy’

July 26, 2000

LOS ALTOS, Calif. – Jul. 26, 2000 – Pensare, Inc., a leading provider

of eLearning solutions, has formed a strategic partnership with Cap Gemini Ernst

& Young US, LLC, the top IT consulting services provider in North America, to

develop new proprietary eLearning modules based on concepts from the best-selling

book Blur: The Speed of Change in the Connected Economy, co-authored by Stan

Davis and Christopher Meyer.

Davis and Meyer define Blur as “the accelerating rate of change

in the new economy, characterized by speed, connectivity and intangibles.” Pensare’s

new eLearning modules will consist of a framework providing presentations and

analytical tools to help participants of the course understand Blur and how

to incorporate it into their businesses. As part of the agreement, Cap Gemini

Ernst &Young, which owns the copyright to Blur, will also have the right to

distribute the new eLearning courseware.

“Pensare’s eLearning programs and Learning Platform are structured

around the delivery of applied performance tools in a collaborative environment

to affect transformation and change within corporations. By applying this methodology,

corporations will be able to study the concepts contained within Blur and then

utilize tools that will offer solutions to strategically transform their businesses."

“By partnering with Pensare, corporations will not only have access

to the innovative Blur eLearning module but they will also benefit from the

interactivity encouraged by use of Pensare’s unique learning tools,” commented

Christopher Meyer. In addition to co-authoring Blur, Meyer is a Vice President

of Cap Gemini Ernst & Young and Director of the Center for Business Innovation.

He is a twenty-year veteran of the consulting industry, having worked with numerous

firms to anticipate and capitalize on rapidly changing business environments.

Stan Davis is the author of several previous books, including

Future Perfect and 2020 Vision and since 1987, has dedicated his efforts full-time

to researching and writing about the future of business as an independent author

and consultant. Prior to that, he was a professor at the Harvard Business School.

The co-developed Blur content and tools will be incorporated into

Pensare’s extensive suite of eLearning solutions provided through the Company’s

partnerships with thought leaders in their fields and top-tier academic institutions.

Other business topics included in Pensare’s programs include marketing, management,

leadership, customer relationships, finance, information management/operations,

strategy, entrepreneurship and global business.

About Pensare

Pensare is the leading provider of eLearning solutions that combine

superior branded content with collaborative and applied learning experiences

for the global corporation. Pensare Knowledge Community™ solutions catalyze

business transformations through branded courseware and customizable tools.

The solutions use a unique Internet-based delivery mechanism that incorporates

knowledge capture and sharing, multi-user simulations, online discussion groups,

and interactive exercises to provide measurable business results. Pensare partners

with industry experts and top-tier business schools such as Duke University’s

Fuqua School of Business and Annenberg Center for Communication at the University

of Southern California. Pensare’s financial partners are Battery Ventures, GE

Equity*, Media Technology Ventures, Associated Venture Investors, Arcadia, AIG,

and W.R. Hambrecht & Co. For more information, visit Pensare’s Web site (www.pensare.com)

or call (650) 967-5000.

*GE Equity is a subsidiary of GE Capital and the private equity

arm of GE. Pensare and Knowledge Community are trademarks of Pensare, Inc. All

other company and product names are used for identification purposes only and

may be trademarks of their respective owners.

 

Contact Information:

Kathryn Hanson

Pensare, Inc.

Phone: 650-934-5783

khanson@pensare.com