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Click2learn Announces Reporting Date for Fourth Quarter and Fiscal Year 2002 Results.


Business Editors

BELLEVUE, Wash.--(BUSINESS WIRE)--Jan. 2, 2003

Company Reaffirms Comfort With Previous Guidance

Click2learn (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
:CLKS) will report fourth quarter and fiscal year 2002 results on Thursday, February 6, 2003 after the market closes, followed by an investor conference call at 2 p.m. PST PST Paroxysmal supraventricular tachycardia, see there  (5 p.m. EST). The company also announced that it expects fourth quarter results to be in line with or better than previous guidance of total revenue between $7.5 - 7.8 million, and a loss per share of between ($0.04 - $0.05).

The live audio of the conference call will be accessible to the public via Webcast at www.click2learn.com/investor, or via phone at (888) 368-4278 or at (706) 679-3154. A replay of the conference call will be available via archived Webcast at the same URL URL
 in full Uniform Resource Locator

Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program.
 and via phone through March 15, 2003 at (800) 642-1687or (706) 645-9291, ID number 24690.

About Click2learn

Click2learn (NASDAQ:CLKS) is a provider of enterprise software for Global 2000 organizations seeking to capture, manage and disseminate knowledge throughout their extended enterprise. Using Click2learn's Aspen Enterprise Productivity Suite(TM), organizations can deploy highly interactive, personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 learning initiatives to achieve strategic business objectives. Many of the world's best-known corporations use Click2learn's technology to improve workforce performance, educate customers, and publish large volumes of learning content. Click2learn's clients include 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, Symantec, and Towers Perrin Towers Perrin is a global professional services firm.

It was established 1 March 1934 as Towers, Perrin, Forster & Crosby. The umbrella name of Towers Perrin was adopted in 1987.
. 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 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.
 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 the degree to which revenue from licenses sold can be recognized during the quarter, unanticipated reserves or write-offs, the amount of services completed during the quarter, market acceptance of Click2learn's Aspen learning solutions and competing 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.
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Publication:Business Wire
Date:Jan 2, 2003
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