Plateau Systems Named One Of The Nation’s Leading Education Companies In 2003 “EDUVENTURES 100”

February 4, 2003

– Plateau Systems, a provider of enterprise software that manages all of an organization’s learning and knowledge, today announced that it was selected for the 2003 edition of “The Eduventures 100,” a year-end assessment of the leading providers in the corporate training, pre-K and postsecondary markets. The prestigious list highlights education businesses “that demonstrated market leadership in 2002 and that Eduventures expects will continue to drive industry success through 2003.”

Apple Computer, Hewlett Packard Co. and McGraw-Hill Education are among the companies included in the 2003 report, titled: “The Eduventures 100: Leading Businesses Transforming the Education Economy,” along with a range of high-tech companies, e-Learning vendors, investors and consulting firms. Eduventures is the leading independent research and advisory firm that focuses exclusively on the corporate and educational learning markets.

In the report, Eduventures senior analyst Jim McVety writes of Plateau: “As a result of its healthy cash position, referable client base, and well-established sales pipeline, the company will see accelerated growth in 2003, retaining its position among leading LMS providers for the long term.” McVety also writes: “Plateau has visibly strengthened its market position by landing large-scale enterprise clients such as the American Red Cross.”

The recognition from Eduventures is the latest in a series of industry recognitions Plateau has received. Gartner Inc. listed Plateau in the leader category of its most recent e-Learning Learning Management System (LMS) Magic Quadrant. Human Resource Executive magazine named Plateau 4 LMS one of the “Top 10 Training Products of 2002.” U.S. News & World Report rated Plateau highest among enterprise-ready LMSs in a customer satisfaction survey conducted by brandon-hall.com. And Plateau is a finalist in the “Best Corporate Learning Technology Solution” of the Software & Information Industry Association’s prestigious 2003 Codie Awards.

Plateau 4 LMS is the only enterprise-class LMS built on open, J2EE/EJB architecture, considered the industry standard for enterprise software. Last year the U.S. Office of Management and Budget recommended J2EE as the preferred system architecture for all “e-Government” initiatives.

“We’re proud that Plateau has been ranked among the leading innovators in our business in a report as prestigious as the Eduventures 100,” said Plateau CEO Paul Sparta. “We focus on developing best-in-class technology, implementing our systems on time and within budget, and providing unmatched customer support. Together these have given us a strong competitive advantage in the enterprise learning market.”

About Eduventures: Eduventures, Inc. helps education businesses, technology companies, services firms, and educational institutions execute more effectively in increasingly competitive and rapidly changing business environments to realize growth opportunities. Founded in 1993, Eduventures is privately held and headquartered in Boston, Massachusetts. Visit www.eduventures.com for more information. About Plateau: Plateau’s enterprise-class software provides the infrastructure to manage all of an organization’s learning and knowledge and enhance its intellectual supply chain. Plateau 4 Learning Management System

(LMS) schedules, launches and tracks online and offline learning events, and is built on open, J2EE/EJB architecture. Plateau’s global clients include the American Red Cross, Federal Express, Wendy’s Inc., the Internal Revenue Service, Nestle USA and the U.S. Air Force. The company was founded in 1996, and is headquartered in Arlington, Virginia. Plateau’s news releases, electronic press kits, media and sales contacts are available at www.plateau.com




Melanie Goldfader

The SheaHedges Group

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