Corporate Profile for Smartforce, dated May 26, 2000.Business Editors --(BUSINESS WIRE) The following Corporate Profile is available for inclusion in your files. News releases for this client are distributed by Business Wire and also become part of the leading databases and online services, including all of the leading Internet-based services. -0-
Published Date: May 26, 2000
Company Name: Smartforce
Address: 900 Chesapeake Dr.
Redwood City, CA 94063
Main Telephone
Number: 650/817-5900
Internet Home
Page Address
(URL) www.smartforce.com
Chief Executive
Officer: Greg Priest
Chief Financial
Officer: David Drummond
Public Relations
Contact: Michelle Brown
Business number: 650/817-5708
E-mail address: michelle_brown@smartforce.com
Industry: Technology
Trading Symbol/
Exchange: SMTF
Company Description: SmartForce PLC provides integrated e-Learning (Electronic-LEARNING) An umbrella term for providing computer instruction (courseware) online over the public Internet, private distance learning networks or inhouse via an intranet. See CBT. solutions that help businesses deploy knowledge across their extended enterprise of employees, customers, suppliers, distributors and other business partners. Its hosted e-Learning platform provides access to a comprehensive offering of learning events and resources comprising over 1,300 SmartCourses, online SmartSeminars, 24x7 SmartMentoring, articles, peer-to-peer From user to user. Peer-to-peer implies that either side can initiate a session and has equal responsibility. Peer-to-peer is a somewhat confusing term, because it has always been contrasted to a central system that initiates and controls everything. collaboration Working together on a project. See collaborative software. , customer-created content and other e-Learning services. Financial Summary SmartForce provides comprehensive, integrated e-Learning solutions that help businesses deploy knowledge across their extended enterprise of employees, customers, suppliers, and other business partners. For the three months ended 3/00, revenues were $28.5 million. Net loss totalled $11.7 million vs. an income of $1.3 million. Revenues reflect rapid customer adoption of e-Learning solutions. Net loss reflects increased R&D personnel and amortization costs. Stock: 52-Week Low on 19-Oct-1999 $14.563 52-Week High on 2-Mar-2000 $60.875 |
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