Caliber and Novell Collaborate to Accelerate eLearning Implementation.Business/Technology Editors BALTIMORE--(BUSINESS WIRE)--June 6, 2000 Caliber Learning Network, Inc. (Nasdaq:CLBR CLBR Costa Linda Beach Resort (Aruba) ), a leader in interactive eLearning solutions, today announced an agreement with network services and software provider Novell, Inc. (Nasdaq:NOVL NOVL Novell, Inc. (stock abbreviation, AMEX) ) that is designed to accelerate the transformation of traditional communication and training programs into Internet-based remote learning programs. "Novell is uniquely positioned to help companies adapt networks and applications to dramatically simplify the complexity of doing business through the Internet," said Alex Salehi, Novell's vice president of worldwide consulting. "Now that Novell's consultants have preferred access to Caliber's WebCORE eLearning platform, they can provide additional solutions that are critical to eBusiness success." With the signing of this contract, Novell becomes both a client and partner of Caliber. Caliber and Novell will create a joint initiative to facilitate more efficient delivery of products and services as well as sharing of market and customer relationship management data. Under the terms of the agreement, Caliber will help develop and implement on-demand eLearning for Novell, continue to train the company's internal sales force via the WebCORE platform as well as Novell Partners, and both companies will serve as value-added resellers A value-added reseller (VAR) is a company that adds some feature(s) to an existing product(s), then resells it (usually to end-users) as an integrated product or complete "turn-key" solution. . The partnership grants Caliber the support of Novell's experts in infrastructure and networking. Further, plans call for Novell's massive sales and consulting forces to offer a consultative function in these areas to Caliber's clients. Plans are also in place for the two companies to jointly distribute certain areas of the lead generation process. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Caliber President 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. Chris Nguyen, this collaboration with Novell allows Caliber to integrate WebCORE eLearning solutions transparently with clients' Novell networks A LAN controlled by one of Novell's NetWare operating systems. See NetWare. . "This relationship gives Caliber what amounts to on-demand access to Novell's consultants so we can address client eLearning and resultant technical integration issues seamlessly. We are also pleased to further solidify our long-term relationship with Novell," Nguyen said. About Caliber Learning Network, Inc. Caliber Learning Network, Inc. (Nasdaq: CLBR) is a leader in broadband Internet-based business communications and corporate training solutions. Through its WebCORE platform, Caliber enables its clients to use the Internet for their traditional training and communications programs, dramatically increasing the reach of these programs while simultaneously reducing the costs. For more information about Caliber, visit the company's Web site at www.caliber.com. 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. language: This release may include information that could constitute 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. made pursuant to the safe harbor provision 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. Any such forward-looking statements may involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include those matters disclosed in the Company's Securities and Exchange Commission filings. |
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