Allfirst Selects Click2learn's Aspen Platform for Workforce Performance Initiative.Business/High-Tech Editors BELLEVUE, Wash.--(BUSINESS WIRE)--Nov. 5, 2001 Aspen Learning Management and Content Development Servers Allow Company to Collaboratively Create, Deliver and Manage Learning Object-Based Content Click2learn (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CLKS) announced today that Allfirst Financial, Inc., a diversified financial The diversified financial services segment includes a range of consumer and commercially-oriented companies offering a wide variety of products and services, including various lending products (such as home equity loans and credit cards), insurance, and securities and investment services company, has selected the Aspen(TM) Enterprise Learning Platform to power an e-Learning initiative serving thousands of employees in 250 branch offices nationwide. Under terms of the initiative, valued at more than a half million dollars, Allfirst will implement two Aspen components -- the Aspen Content Development Server (CDS) and Aspen Learning Management Server (LMS). The integrated platform will enable Allfirst to deliver and manage personalized training for its employees on core financial practices and the company's own products and services. The company offers a full range of financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. including banking, trust, investment and insurance to retail, business and commercial customers. "With the Aspen Enterprise Learning Platform, Allfirst will be able to automate the way they develop and transfer knowledge about their core products and critical regulatory training across the enterprise. In doing so, they'll significantly reduce training costs for their geographically dispersed workforce, while providing employees information that is precisely targeted to their learning needs, improving the organization's time to performance," said Kevin Oakes, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Click2learn. Click2learn will work with Allfirst to design its e-Learning program, develop the content, provide the learning technology, and integrate it with the organization's employee resource planning Resource planning may refer to:
Allfirst's selection of Aspen for workforce performance improvements is further endorsement of Aspen's strength in managing the development of intellectual capital within heavily regulated environments, such as banking and financial services. Described by industry analysts as the new model for enterprise learning technology, Click2learn's Aspen platform is designed to facilitate the capture, management and dissemination of corporate knowledge to improve productivity and business performance. The platform, which began shipping in September, has an open architecture and is made up of three modular but independent components that are designed to work as an integrated system. The Aspen Learning Management Server (LMS) is used for competency management, skills-gap analysis, tracking of assessments and resource management for either e-Learning or instructor-led training. The Aspen Content Development Server (CDS) is used to rapidly author highly effective e-Learning content and manage large, team-based content development projects. And the Aspen Learning Experience Server (LXS LXS Lucid Xml Server LXS Learning Experience Server ) delivers a personalized learning experience to improve knowledge transfer and facilitate knowledge exchange with a community of peers and experts. About Click2learn Click2learn (NASDAQ:CLKS) is a provider of enterprise software for Global 2000 organizations seeking to capture, manage and disseminate knowledge throughout their extended enterprise. Using Click2learn's Aspen Enterprise Learning Platform, 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 and award-winning content development services to improve workforce performance, educate customers, and publish large volumes of learning content. Click2learn's clients include Microsoft, Fidelity Investments Fidelity Investments is a group of privately held companies in the financial services industry. It is made up by two independent but closely cooperating companies, Fidelity Management and Research Corporation (FMR Co. , Wells Fargo Wells Fargo armored carriers of bullion. [Am. Hist.: Brewer Dictionary, 1147] See : Protectiveness Wells Fargo company that handled express service to western states; often robbed. [Am. Hist. , Symantec, Prudential, American Airlines American Airlines Major U.S. airline. American was created through a merger of several smaller U.S. airlines and incorporated in 1934. It continued to buy the routes of other airlines, becoming an international carrier in the 1970s; its routes include South America, the , ADC Telecommunications, Ernst & Young and the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. . Based in Bellevue, Wash., Click2learn (www.click2learn.com, 800/448-6543) operates offices in the United States, Canada, Europe, and Japan. 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 Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. for forward-looking statements contained in the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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 and Aspen are trademarks of Click2learn. All other company and product names are the trademarks of their respective owners. |
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