Phoenix Life Insurance Company Selects Click2learn's Aspen to Power Centralized Learning and Performance Initiative.Business Editors, Technology Writers BELLEVUE, Wash.--(BUSINESS WIRE)--Jan. 6, 2003 Leading insurance and wealth management company uses comprehensive learning platform to launch enhanced training program and enterprise-wide performance management Click2learn (Nasdaq:CLKS) today announced that Phoenix Life Insurance Company, a wholly-owned subsidiary of The Phoenix Companies Inc., (NYSE NYSE See: New York Stock Exchange :PNX) and a leading provider of comprehensive life insurance products for a variety of wealth management needs, has selected the Aspen Productivity Suite(TM) to deliver and manage a comprehensive learning and performance initiative for its 2,500 employees across the organization. Phoenix Life Insurance will utilize the Aspen Learning Management System (LMS) to revamp re·vamp tr.v. re·vamped, re·vamp·ing, re·vamps 1. To patch up or restore; renovate. 2. To revise or reconstruct (a manuscript, for example). 3. To vamp (a shoe) anew. n. its existing training management and administrative functions, as well as to create a self-service training environment in which employees can register for courses. Initially, the company will employ Aspen LMS to manage the wide range of instructor-led training offerings presented by internal and external training providers, which address such subjects as management development, technical training courses and IT certification requirements. Additionally, Phoenix Life Insurance is exploring options to leverage the Aspen platform in conjunction with off-the-shelf e-learning. The company also will take advantage of Aspen's Performance Management module and 360(degree) assessment capabilities to manage job skills and competencies assessments and to drive the development of curricula tailored to meet specific job requirements. "Phoenix has a decades-long history of creating innovative products that meet evolving needs, both for our customers and for our employees," said Robert Loller loll v. lolled, loll·ing, lolls v.intr. 1. To move, stand, or recline in an indolent or relaxed manner. 2. , AVP AVP arginine vasopressin. HR Development. "We evaluated a number of learning solutions and chose Aspen because it is a very comprehensive and cost-effective platform and could be customized to our unique needs. Click2learn shares our history of innovation and commitment to employee development. We believe the integration of Aspen LMS into our environment will help us monitor employees' skills/training needs and drive their development planning, thereby giving Phoenix a real competitive edge in our very competitive marketplace." About Aspen 2.0 The highly acclaimed Aspen enterprise productivity application suite enables organizations to strategically manage corporate knowledge and workforce productivity to improve business performance. With Aspen 2.0, the brand new version of the Aspen Suite, organizations can -- for the first time -- enjoy a comprehensive, integrated solution for their learning needs. Aspen facilitates information management, knowledge exchange and multi-modal training, all under one platform with one seamless user experience. The Aspen 2.0 Suite consists of separate but integrated modules, including: -- Learning Management (LMS) -- Learning Content Management (LCMS) -- Virtual Classroom (VCS) -- Performance Management -- Collaboration, Knowledge Exchange & Instant Messaging -- Information Management -- Simulation Creating and Editing -- Auditing & Compliance Tracking Whether organizations choose to deploy the entire Aspen suite, or to integrate select Aspen applications with existing infrastructure, Aspen's standards-based (AICC AICC anti-inhibitor coagulant complex. , SCORM SCORM Shareable Content Object Reference Model (web-based e-learning standard) SCORM Shared Courseware Object Reference Model SCORM Shareable Courseware Object Reference Model , XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , etc.) modular and open architecture is designed to lower the total cost of ownership of learning solutions. About The Phoenix Companies The Phoenix Companies, Inc. is a leading provider of wealth management products and services to individuals and institutions. Through a variety of advisors and financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. firms, Phoenix helps the affluent and high net worth accumulate, preserve and transfer their wealth with an innovative portfolio of life insurance, annuity and investment management products and services. With a history dating to 1851, The Phoenix Companies, Inc. has two principal operating subsidiaries An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. , Phoenix Life Insurance Company and Phoenix Investment Partners, Ltd., and offers trust services through another subsidiary, Phoenix National Trust Company. Phoenix has corporate offices in Hartford, Conn. 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 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 US, Click2learn (www.click2learn.com, 800/448-6543) also is represented in Europe, Japan and Australia 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, market acceptance of Click2learn's e-learning solutions and competing e-learning 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. Click2learn and Aspen are trademarks of Click2learn. All other company and product names are the trademarks of their respective owners. |
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