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eMind and CyberU Create the First Fully Integrated e-Learning Solution for Financial Services.

Business Editors & Education/Internet/High Tech Writers

LOS ANGELES--(BUSINESS WIRE)--Aug. 8, 2001

eMind's Expert Content Combined With CyberU's Advanced Technology

Create an Unparalleled Training Solution for the Financial

Services Industry

eMind, the premier provider of e-learning and online compliance solutions for financial services, and CyberU, the leading innovator of human capital management systems, today announced a comprehensive alliance for the financial services industry.

Through the partnership, eMind will offer its corporate clients CyberU's state-of-the-art Corporate Education System, combining both companies' expertise in the financial services industry into one fully integrated learning management system.

In addition, CyberU has incorporated eMind's award-winning financial services content and license tracking system into their Corporate Education System. eMind will exclusively offer the integrated solution to their financial service clients.

"CyberU provides eMind's clients with the leading human capital management system in the industry and the only system created specifically for the unique needs of financial service companies," said Howard Marks, CEO of eMind. "By utilizing the comprehensive system, our clients will have the ability to match the appropriate training to each individual employee, substantially reducing costs through increased efficiency."

The system enables financial services corporations to more effectively manage training across the enterprise by incorporating online, offline and just-in-time training and eMind's award-winning library of online courses. In addition, the system provides corporate executives with a suite of talent development and management tools.

"The integrated system is the first of its kind, developed exclusively for the financial services market," said Adam Miller, CEO of CyberU. "The solution enables all financial services companies to cost-effectively meet industry best practices for compliance training and talent management. Together, we have raised the bar for e-learning."

About eMind LLC

eMind is a leading provider of end-to-end e-learning solutions that help the largest financial services companies gain a competitive edge by improving their human capital and delivering knowledge throughout the value chain of suppliers, employees, resellers and customers. eMind's end-to-end solution includes strategy development, customized and off-the-shelf content, a course management system, and customer support in a fully hosted service. eMind has more than 40 of the top 100 Financial Services corporations as customers including AIG, Andersen, JP Morgan and Reliastar, a subsidiary of ING. eMind's library includes more than 1,200 courses in insurance, securities, accounting, information technology and personal development. Founded in 1998, eMind has headquarters in New York, Los Angeles and Toronto.

About CyberU's Corporate Education System (CES)

CyberU's CES provides corporations with the most comprehensive solution for managing human capital and cost-effectively administering online training, instructor-led training and just-in-time training across the entire enterprise. The state-of-the-art platform is completely extranet-based, allowing for rapid global deployment and customization.

About CyberU Inc.

CyberU is the most comprehensive source of online education and corporate training for corporations, small businesses and individuals. CyberU's state-of-the-art human capital management system, the Corporate Education System (CES), provides training managers with a comprehensive solution for administering enterprise-wide corporate education. CyberU's Small Business Training Center, training.cyberu.com, and Online Education System provide small to mid-sized businesses with affordable access to world-class corporate training. And CyberU's award-winning Web site, www.cyberu.com, provides individuals with one-click access to more than 20,000 online courses for personal and professional development from hundreds of educational institutions. The company has formed a number of strategic alliances for content, services and distribution. CyberU is based in Santa Monica, California with offices in San Francisco and New York.
COPYRIGHT 2001 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2001, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 8, 2001
Words:570
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