Baker Hughes INTEQ Selects Click2learn's Aspen Enterprise Productivity Suite to Streamline and Unify Global Learning Initiative.Business Editors/High-Tech Writers BELLEVUE, Wash.--(BUSINESS WIRE)--July 7, 2003 Oilfield services company will use Aspen to consolidate disparate learning systems under a single infrastructure to increase efficiency and productivity for employees worldwide. Click2learn (Nasdaq:CLKS), leader in enterprise productivity solutions, announced today that Baker Hughes INTEQ Baker Hughes INTEQ is among the world's leading oilfield drilling service companies. INTEQ was formed from the legacy companies of Eastman Christensen, Teleco MWD, Milchem and EXLOG, which were acquired by Baker Hughes Incorporated in the late 1980s. , a leading provider of drilling products and services for the worldwide oil and gas industry and a division of Baker Hughes Baker Hughes NYSE: BHI is the world's third-largest oilfield services company behind Schlumberger & Halliburton, its main competitors. Baker Hughes provides the world's oil & gas industry with products and services for drilling, formation evaluation, completion and production. Incorporated, has selected the Aspen Enterprise Productivity Suite(TM) to centralize the management of its global learning initiative. Using the Aspen Learning Management Server (LMS), Baker Hughes INTEQ has created a blended learning Blended Learning is the combination of multiple approaches to learning. Blended learning can be accomplished through the use of 'blended' virtual and physical resources. A typical example of this would be a combination of technology-based materials and face-to-face sessions used infrastructure to deliver critical technical and product information, soft skills training and orientation to the company's core values to all employees enterprise-wide, including sales, engineering, technicians, field engineers and others in Scotland, Norway, Australia, the United Kingdom, Germany and other locations throughout the world. The Aspen Learning Content Management Server (LCMS LCMS Lutheran Church--Missouri Synod LCMS Learning Content Management System (Docent, Inc.) LCMS Living Conditions Monitoring Survey LCMS Louisiana Center for Manufacturing Sciences LCMS Lindero Canyon Middle School ) and the Aspen Virtual Classroom (VCS (1) (Verilog Computer Simulator) See Verilog. (2) (Version Control System) See version control. ) are under evaluation for future expansion of their Learning Solution. "Aspen enables us to provide consistent, effective training to our global workforce," said Scott Gray, director of training and development at Baker Hughes INTEQ. "In addition to giving our employees access to Web-based courseware, Aspen also allows us to map and track skills and competencies and to assign "secondary jobs" to employees based on their skill requirements." Baker Hughes INTEQ will also use Aspen to enhance its worldwide learning initiatives by: -- Increasing the use of Web-based training to: -- Reduce travel and other costs associated with on-site classroom training. -- Deliver training and information at the moment of need, rather than relying on the availability of instructors or the right number of employees to justify classroom training. -- Provide a constant resource for the purpose of revisiting training information. -- Accurately tracking competencies, certifications and requirements to meet International compliance and quality standards. Managing all learning and training information in a single repository, so the company can accurately report on training. -- Tracking all learning activities that an employee completes regardless of subject or method of delivery. -- Creating a learning transcript that follows each employee as he or she moves around within the organization. "Aspen provides Baker Hughes INTEQ with a scalable platform that allows it to deliver a consistent learning experience across its enterprise, create personalized, highly specialized learning opportunities for its employees and align skills, competencies and job functions with key business goals and metrics," said Kevin Oakes, Click2learn 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. . About Aspen Click2learn's award-winning Aspen Enterprise Productivity Suite(TM) enables organizations to strategically manage corporate knowledge and workforce productivity to improve business performance. With Aspen, organizations can deploy a comprehensive, integrated solution for their specific learning needs, all under one platform with one, seamless user experience. The Aspen Suite consists of separate but integrated modules, including -- Learning Management (LMS) -- Learning Content Management (LCMS) -- Virtual Classroom (VCS) -- Performance Management -- Collaboration, Knowledge Exchange & Instant Messaging Exchanging text messages in real time between two or more people logged into a particular instant messaging (IM) service. Instant messaging is more interactive than e-mail because messages are sent immediately, whereas e-mail messages can be queued up in a mail server for seconds or -- Information Management -- Simulation Creation and Editing -- Auditing and Compliance Tracking Whether organizations choose to deploy the entire Aspen suite, or to integrate select Aspen applications with existing infrastructure, Aspen's standards-based (AICC AICC anti-inhibitor coagulant complex. , SCORM SCORM Shareable Content Object Reference Model (web-based e-learning standard) SCORM Shared Courseware Object Reference Model SCORM Shareable Courseware Object Reference Model , XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , etc.) modular and open architecture is designed to help companies reduce total cost of ownership and meet a wide variety of business goals. About Baker Hughes INTEQ and Baker Hughes Baker Hughes INTEQ, a division of Baker Hughes Incorporated, is a leading, worldwide provider of advanced drilling technologies and services that deliver efficiency and precise well placement. Major capabilities include directional drilling Directional drilling (sometimes known as slant drilling outside the oil industry) is the science of drilling non-vertical wells. Directional drilling can be broken down into three main groups: Oilfield Directional Drilling, Utility Installation Directional Drilling (commonly , measurement-while-drilling (MWD MWD Metropolitan Water District of Southern California MWD Measurement While Drilling (oil drilling) MWD Morgan Stanley Dean Witter (stock symbol) MWD Molecular Weight Distribution MWD Military Working Dog ), logging-while-drilling (LWD LWD Labor and Workforce Development (State of New Jersey) LWD Logging While Drilling (oil drilling industry) LWD Large Woody Debris LWD Little White Dress LWD Life With Derek ), drilling fluids, coring systems and well-site information management services. Baker Hughes is a leading provider of drilling, formation evaluation In petroleum exploration and development, formation evaluation is used to determine whether a potential oil or gas field is commercially viable. Essentially, it is the process of "recognizing a commercial well when you drill one". , completion and production products and services to the worldwide oil and gas industry About Click2learn Click2learn (NASDAQ:CLKS) is the recognized leader in enterprise productivity solutions for Global 2000 organizations and government agencies seeking to improve business performance and workforce productivity. Using Click2learn's Aspen Enterprise Productivity Suite(TM), many of the world's best-known corporations improve sales force readiness, achieve and demonstrate regulatory compliance, improve speed and quality of customer service, and educate customers and partners, while at the same time realizing significant cost savings. Click2learn's clients include such industry leaders as Accenture, 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 , AstraZeneca, Century 21, Fujitsu, Microsoft, Pfizer and Symantec. Based in Bellevue, Wash., with offices throughout the U.S., Click2learn (www.click2learn.com, 800/448-6543) also is represented in, Europe, Australia, Japan and India. 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, Aspen and ToolBook are trademarks of Click2learn. All other company and product names are the trademarks of their respective owners. |
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