Asymetrix Advances Online Learning With click2learn.com Internet Destination; New Learning Site Combines Free Publishing System With Hundreds of Online Courses.BELLEVUE, Wash.--(BUSINESS WIRE)--July 21, 1999-- Asymetrix Learning Systems, Inc. (Nasdaq:ASYM), the leader in online learning solutions, today announced a new "learning portal" titled click2learn.com that will revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. the way businesses and consumers use the Internet for learning. The site (preview at http://click2learn.asymetrix.com) combines hundreds of online learning courses on various topics with a sophisticated new "browser-only" free authoring and publishing system that allows anyone to create and publish courseware Educational software. See CBT and OpenCourseWare. (application) courseware - Programs and data used in Computer-Based Training. , and receive royalties on courses sold through the click2learn.com network. In addition to the benefits to consumer users and authors, click2learn.com builds on the Application Service Provider (ASP asp, popular name for several species of viper, one of which, the European asp (Vipera aspis), is native to S Europe. It is also a name for the Egyptian cobra (Naja haja). ) model by allowing organizations to link their internal learning network directly to click2learn.com at no cost. It also allows organizations to uniquely customize catalogues of click2learn.com courseware, the organization's custom courseware, as well as the site interface, to provide a seamless learning experience for their employees. Asymetrix founder and largest shareholder Paul Allen
Paul Gardner Allen (born January 21, 1953 in Seattle, Washington) is an American entrepreneur. With Bill Gates, he formed Microsoft. has challenged his portfolio companies to develop advanced services to leverage his broadband platform and Internet investments. Asymetrix expects to leverage other companies that make up Mr. Allen's "Wired World" to make online learning available to millions of users worldwide. Building upon its current leading online training products and services, click2learn.com is Asymetrix's first step toward meeting this goal. "Our tagline for click2learn.com is Never Stop because learning is a lifelong process, and we built click2learn.com with that vision in mind," 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. "Paul Allen has always been an advocate for revolutionizing education. He is understandably excited about the role Asymetrix plays in his vision of a wired world by creating a business-to-business and consumer Internet destination for continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). and training." The preview site, which is live today at http://click2learn.asymetrix.com, features several new capabilities designed to revolutionize the online learning market and provide users with a unique learning experience. Asymetrix intends to pursue partnerships with the successful horizontal and vertical portal A Web site that provides news, articles and services to a particular industry such as IT, finance and retail. It is the industry-specific equivalent of the general-purpose portal on the Web. Also called a "vortal." See portal, corporate portal, business intelligence portal and Web hub. sites in the market, so that click2learn.com can offer users of these sites seamless access to a broad variety of courseware and learning opportunities for both business and consumer audiences. Corporations, government organizations and educational institutions will not only have access to click2learn.com courseware through a link from their Intranets, but also be able to access their custom web-ready courseware through the click2learn.com site. Using the click2learn authoring and publishing system (available next month), these organizations will be able to easily and affordably create compelling web-based courseware for their internal learning needs. The click2learn browser-only authoring and publishing system, available at no cost from the site beginning mid August, combines a high degree of advanced interactivity and ease-of-use authoring with which anyone can create effective and engaging online courseware. It allows course authors to create and publish courses at no cost, and then receive royalties on their courses that are sold through the click2learn.com network. "click2learn.com provides dramatic new opportunities for publishing online courses. By combining free online authoring along with the projected market reach of this site, Paul Allen's latest Internet venture is bound to be a success." Said Brandon Hall, Ph.D. Editor, brandon-hall.com. one of the leading industry analyst in the online learning market place. click2learn.com will feature a unique financial model where revenue will be shared among the course creator, the Creator, the common sobriquet for God. [Pop. Usage: Misc.] See : God Internet partner through which the course is accessed or published, and the click2learn.com network. Current content categories include end-user and professional computer training, business and professional skills, industrial and OSHA OSHA n. Occupational Safety and Health Administration, a branch of the US Department of Labor responsible for establishing and enforcing safety and health standards in the workplace. required training, as well as personal skill development and continuing education. In addition to courses expected to be published by individuals using the free click2learn.com authoring and publishing system, online content is also currently provided by NETg as well as several other industry-leading developers for interpersonal in·ter·per·son·al adj. 1. Of or relating to the interactions between individuals: interpersonal skills. 2. , computer and business skills. "NETg is pleased to be a pilot content partner with Asymetrix in click2learn.com," said Gary Lopez, president and CEO of NETg. "As a Harcourt company dedicated to professional and corporate development, NETg recognizes the learning portal as a critical means to providing lifelong learning Lifelong learning is the concept that "It's never too soon or too late for learning", a philosophy that has taken root in a whole host of different organisations. Lifelong learning is attitudinal; that one can and should be open to new ideas, decisions, skills or behaviors. ." The official grand launch for the site is anticipated in early Q4. For additional information, log on to the preview site at http://click2learn.asymetrix.com. About Asymetrix Learning Systems, Inc. Asymetrix Learning Systems, Inc. (NASDAQ: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 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 Company's or its competitors' products and services; the Company's ability to meet the needs of 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, and in its annual report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. dated March 31, 1999. Asymetrix is a registered trademark and click2learn.com is a trademark of Asymetrix Learning Systems, Inc. Asymetrix is registered in the USA and in certain other countries. All other company and/or product names are the property of their respective owners. |
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