Boston University's Project Management Training Now Available in Cincinnati, Ohio; New courses to complement Max Technical Training's IT offerings.

Business/Technology Editors

TEWKSBURY, Mass. & CINCINNATI--(BUSINESS WIRE)--Feb. 27, 2002

TrainingTrack, Boston University's innovative international training network, today announced that BU's industry-leading project management training will be available in the greater Cincinnati area, thanks to a new agreement with MAX Technical Training. MAX Technical Training is the newest affiliate to join the TrainingTrack network, which is comprised of training companies and academic institutions that distribute and market Boston University's IT and management development training programs.

Under this agreement, MAX Technical Training is authorized to offer daytime project management training to its IT training clientele. Daytime project management courses are the first BU training product to be offered, beginning in April of 2002.

"We've been providing high-end IT training in the Cincinnati area for years, and our students were asking for access to project management courses," said Denise Bartick, President, MAX Technical Training. "By partnering with BU we have found an efficient way to complement our own offerings with exceptional courses from an established leader. The time and expense involved in developing new courses is significant, so why reinvent the wheel?" Bartick said.

The need for skilled project managers continues to intensify. According to a recent study by Standish Group International, of the more than $250 billion spent annually on IT application development, a huge portion is wasted as a result of project management failure. The study also points out that:

-- 31 percent of all projects are canceled before completion

-- 88% of all projects are over schedule, over budget, or both

-- For every 100 projects started, there are 94 restarts

-- Average cost overrun is 189% of original estimates

-- Average time overrun is 222% of original estimates

"MAX Technical Training has responded to the demand for project management training," said Andy Kelley, CEO of TrainingTrack. "Skilled project managers can often make the difference when it comes to the success or failure of complex IT projects, and the overall health of the organization. We think that the addition of these BU's project management courses to MAX Technical Training's existing offerings will give MAX an incredible competitive advantage in the training marketplace."

TrainingTrack is developing a select network of leading education and training organizations that will offer the proven IT and project management curricula from Boston University's Corporate Education Center (BUCEC), New England's premier IT and management development training provider. TrainingTrack enables training organizations to better serve their communities by offering a broad catalogue of high quality IT and project management courses. In addition to helping regional providers cultivate recurring revenue streams and tap lucrative national corporate contracts, TrainingTrack will assist regional training organizations in overcoming competitive challenges through proven marketing, differentiation and recruiting strategies.

Kelley added, "We're looking for the best of the best when it comes to our TrainingTrack affiliates. MAX Technical Training has a tremendous reputation in the Cincinnati area."

For more information about new Boston University Project Management courses at MAX Technical Training visit the Website at www.MAXTrain.com or call 513-531-5200.

About TrainingTrack

TrainingTrack is a new venture from Boston University that provides IT and management development training products and services internationally. Led by a senior management team that was instrumental in making Boston University's Corporate Education Center New England's leading IT training and project management provider, TrainingTrack is developing a network of regional training organizations and academic institutions that offer the proven IT and project management curricula from Boston University. In addition to award-winning programs, affiliates gain access to marketing, recruitment and career changer support services developed at Boston University. TrainingTrack affiliates can act as resellers of Boston University-delivered programs under their own brand or they may choose to deliver training using "Boston University Official Curriculum" courseware, and TrainingTrack's program and marketing support. Affiliates will also have the opportunity to distribute their own in-demand, quality programs through the TrainingTrack network. TrainingTrack is on the Web at www.trainingtrack.com and can be contacted at 978-863-0110.

About MAX Technical Training

MAX Technical Training is a Small Business Enterprise S-Corporation based in Cincinnati, Ohio, and is the fastest-growing IT training organization in the Tri-State. Founded in 1998, MAX's mission is to increase the skills of IT Professionals by providing the most challenging technology training available. MAX is certified as a Microsoft Certified Solution Provider-Partner, Microsoft Certified Technical Education Center (CTEC), Citrix Authorized Learning Center, CompTIA Training Partner, and CIW Authorized Training Partner. MAX, through its affiliation with ITCAP, can offer college credit for all Microsoft classes. MAX provides vendor approved training curriculum in an instructor-led format. MAX delivers both public and private IT Training classes. Visit MAX Technical Training at www.MAXTrain.com or call 513-531-5200.