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Centra Ranked #1 for Live eLearning by Leading Research Firm; Simba Information 2002 Leader List Recognizes Centra as Market Leader and De Facto Standard for Corporate eLearning.


Business/Technology Editors

Online Learning 2002

ANAHEIM, Calif.--(BUSINESS WIRE)--Sept. 23, 2002

Centra (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
: CTRA CTRA Canadian Therapeutic Recreation Association
CTRA College Terrace Residents' Association
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CTRA Committee To Restore America
), the leading provider of software solutions for eLearning and business collaboration, today announced at the Online Learning Conference and Expo, that Simba Information, a leading market trends and forecasting firm, has ranked Centra as the top Virtual Classroom Vendor in their Leader List for 2002. Simba Information is widely recognized as the leading authority for market intelligence and forecasts in the information industry. Training Market 2002: Forecasts and Analysis covers all aspects of the burgeoning eLearning industry and includes market forecast data, extensive coverage of emerging trends and their associated business implications, and in-depth analysis of different sectors of the eLearning industry. Twenty-one companies that develop and deliver Web-based products and services for corporate training were profiled. The report gives Centra a 38.6% share of the market of eLearning sales by U.S.-based vendors.

"Many organizations have turned to us because they associate the Centra name with the highest standard of product quality, customer service, and eLearning expertise available today," said Leon Navickas, Chariman 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.  of Centra. "Over the next several years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

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 business landscape, dynamics, and very nature of eLearning will change dramatically. Our mission to provide a robust platform that services the real-time collaboration needs of the extended enterprise is helping these customers dramatically improve overall productivity, accelerate business processes and lower costs."

Scaleable Platform for Web Collaboration

Leveraging the core capabilities of the CentraOne(TM) platform, Centra offers a suite of integrated, real-time Web collaboration applications, content composition tools, and knowledge delivery systems that can be quickly installed on-site using Centra's rapid deployment methodology, or conveniently accessed through Centra's secure, full-service ASP. These applications - including interactive Web meetings, virtual classrooms, and large-scale conferences - ensure universal access through firewalls and proxy servers, and deliver full-performance IP audio conferencing See audioconferencing. , streaming video A one-way video transmission over a data network. It is widely used on the Web as well as company networks to play video clips and video broadcasts. Computers in home networks stream video to digital media hubs connected to a home theater. , application sharing A data conferencing capability that lets two or more users interactively work on the same application at the same time. The application is loaded and running in only one machine; however, keystrokes are transmitted from and screen changes are transmitted to the other participants. , and dynamic multimedia over low-bandwidth network connections through a standard browser interface.

About Centra

Leading with an undisputed track record of helping millions of users to increase revenue and improve overall business performance, Centra provides Web collaboration solutions that enable the delivery of information in a variety of live and self-service formats, and add value through unmatched capabilities to capture interactions and content, personalize and manage this information, and instantly re-use it across the enterprise. Today hundreds of global organizations across every industry and market sector choose Centra, including Cadbury Schweppes Cadbury Schweppes plc is a confectionery and beverage company with its headquarters in Berkeley Square, London, England, UK. Cadbury Schweppes is currently the only major international confectionery manufacturer to produce Fairtrade or organic products, which it sells through its , Citigroup, AT&T, Procter & Gamble, McKesson, Merck, Nationwide Insurance, and Sysco. Centra's products are bolstered by a vital ecosystem of strategic partners, including PwC Consulting, Deloitte Consulting, EDS (Electronic Data Systems, Plano, TX, www.eds.com) Founded in 1962 by H. Ross Perot (independent candidate for the President of the U.S. in 1992), EDS is the largest outsourcing and data processing services organization in the country. , Microsoft, Siebel, Cisco, and Oracle. Headquartered in Boston's technology corridor, Centra has sales offices throughout North America, Europe, and Asia. For more information, visit www.centra.com.

Note to Editors: Centra will be demonstrating applications of the CentraOne 6.0 platform at Online Learning 2002 in Anaheim, California, September 23-25, 2002, in booth #100. For an on-site interview and product demonstration, please contact Sharon Dratch, Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  Manager, at 617-899-9348.

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.
 Statement

With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements within the meaning 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, including but not limited to, statements concerning management's expectations regarding future results of operations, statements that involve risk and uncertainties that may individually or mutually impact the matters herein, and cause actual results, events and performance to differ materially. These risk factors include, but are not limited to, technological difficulties, the results of future research, lack of product demand and market acceptance for the Company's CentraOne collaboration platform and its other current and future products, the effect of economic conditions, the impact of competitive products and pricing, the Company's ability to manage and integrate the operation of the business of MindLever.com, Inc., acquired on April 30, 2001, and/or other factors outside the control of the Company. For a description of additional risks, and uncertainties, please refer to the Company's filings with the SEC, including 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.
 for the year ended December 31, 2001 and its Form 10-Q Form 10-Q

See 10-Q.
 for the three months ended June 30, 2002, which are available at <www.sec.gov>. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Date:Sep 23, 2002
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