Arthur Andersen Partners with Asymetrix Learning Systems for Internet Based Learning Management Solution.BELLEVUE, Wash.--(BUSINESS WIRE)--Aug. 3, 1998--Asymetrix Learning Systems today announced that it is partnering with Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see . Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing Knowledge Enterprises for Internet-based training management solutions. The partnership will allow Arthur Andersen to use Asymetrix's Librarian and Ingenium for its worldwide internal training needs and as a key component in Arthur Andersen client solutions. Additionally, the agreement provides for an ongoing technology exchange and custom development to assist Arthur Andersen in meeting its internal worldwide training requirements and those of its clients. Details and terms of the agreement were not disclosed. "We conducted rigorous testing and evaluation of the software products available in the online learning management category, and determined that Asymetrix Librarian and Ingenium are the clear leaders," said Brenda Wisniewski, Managing Director of Arthur Andersen's Virtual Learning Network(SM), a division of Arthur Andersen Knowledge Enterprises. "The clincher clinch·er n. 1. One that clinches, as: a. A nail, screw, or bolt for clinching. b. A tool for clinching nails, screws, or bolts. 2. was Asymetrix's plan to merge these two products into a single enterprise level solution." "Our recent acquisition of Meliora Systems, and their Ingenium products further enhances the capabilities of Asymetrix and our Librarian product," said Jim Billmaier, 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 Asymetrix Learning Systems. "This partnership will bring our products and services together with Arthur Andersen's Knowledge Enterprise practice to serve our mutual clients worldwide." "We are delighted to have selected Librarian and Ingenium products as components of our Virtual Learning Network," said Tom Kelly People named Tom Kelly include:
Librarian and Ingenium -- Learning Management Solution On July 13, Asymetrix Learning Systems announced the acquisition of Meliora Systems Inc. and the Ingenium product line. Asymetrix Librarian is an Internet-based enterprise learning management solution that manages an organization's online training and learning activities. Librarian also allows learning administrators and students to access the product via the Internet and corporate intranets using a Web browser The program that serves as your front end to the Web on the Internet. In order to view a site, you type its address (URL) into the browser's Location field; for example, www.computerlanguage.com, and the home page of that site is downloaded to you. . Librarian has a scalable and platform-independent architecture that allows customers of any size, departmental to enterprise-wide, to scale from a single server solution to a global training platform. Ingenium is a skills-based training management solution designed for automating classroom training logistics and tracking individual and group competencies. Asymetrix Learning Systems has announced that an integrated database and student access version of Librarian and Ingenium will be available in the first half of 1999. The company intends to introduce a fully integrated, enterprise-wide version by the end of 1999. Additionally, Librarian and Ingenium will continue to be sold separately. "Arthur Andersen's research validates our product capabilities in online learning management," said John Kellum John Kellum (1809 — 1871) was an American architect in practice in New York City. Kellum was trained as a carpenter, largely self-taught in architecture, and was taken into partnership in 1846 by the well-established New York architect Gamaliel King. , vice president and general manager of Learning Products at Asymetrix Learning Systems. "We are very excited by their selection and look forward to working closely with Arthur Andersen to ensure our integrated product meets their needs." About Asymetrix Learning Systems Inc. Asymetrix Learning Systems Inc. (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 :ASYM) is a leading provider of online enterprise learning solutions that enable organizations to author, deploy and manage Internet-based training and education. Asymetrix offers a single source training solution incorporating learning management and authoring software products with professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , including custom development, strategic consulting and integration services. For more information on Asymetrix solutions, call 800/448-6543 or 425/462-0501. Asymetrix Learning Systems Inc. is located on the World Wide Web at http://www.asymetrix.com Asymetrix and ToolBook are registered trademarks and ToolBook II Instructor, ToolBook II Assistant, Librarian and Ingenium are trademarks of Asymetrix Learning Systems Inc. Asymetrix and ToolBook are registered in the USA and in certain other countries. All other company and/or product names are the property of their respective owners. About Arthur Andersen Knowledge Enterprises Arthur Andersen Knowledge Enterprises is an operating unit operating unit A type of operating company that engages in transactions with outsiders and that is owned by another business. For example, in 1995 the stockholders of Capital Cities/ABC approved a $19 billion merger with the Walt Disney Company, whereupon of Arthur Andersen that is focused on web-based learning, electronic commerce and interactive media business opportunities. Arthur Andersen is a global multidisciplinary mul·ti·dis·ci·pli·nar·y adj. Of, relating to, or making use of several disciplines at once: a multidisciplinary approach to teaching. professional services organization focused on helping clients succeed through assurance services Assurance services have been defined by the American Institute of Certified Public Accountants (AICPA) as 'Independent Professional Services that improve information quality or its context'. , business consulting, economic & financial consulting, tax and legal. Its 60,000 professionals in 79 countries assist clients in improving business performance by combining extensive technical competence technical competence, n the ability of the practitioner, during the treatment phase of dental care and with respect to those procedures combining psychomotor and cognitive skills, consistently to provide services at a professionally acceptable level. and industry experience with innovative and progressive thought. Virtual Learning Network(SM) is a servicemark of Arthur Andersen. Forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. in this release are made pursuant to 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. provisions of 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. Investors are cautioned that such forward-looking statements, involve significant risks and uncertainties, including and without limitation: increased demand for, and market acceptance of, technology-based training and online learning solution; market acceptance of the Arthur Andersen's Virtual Learning Network; the company's ability to meet the needs of Arthur Andersen and sophisticated corporate customers; and the other risks related to the business of Asymetrix as detailed in the company's Prospectus dated June 12, 1988, on file with the SEC. (c)1998 Asymetrix Learning Systems Inc. All rights reserved.
CONTACT: Asymetrix Learning Systems
Helene Love, 425/637-1609
helenel@asymetrix.com
or
International Public Relations Contact
The Weber Group, 44 171 240 6189
Fax: 44 171 240 6195
http://www.asymetrix.com
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