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Herndon, Va., July 18, 2000
- ITC Learning Corporation (NASDAQ:ITCC), a leading provider of process and manufacturing workplace skills training, today announced that it has entered a distribution agreement with Learnframe, a leading developer of e-Learning infrastructure technology. Under the agreement, ITC Learning will distribute a private label version of Learnframe's training management system, Pinnacle Learning
Manager™ (PLM).
The distribution agreement enables ITC Learning to bundle PLM with the company's wide range of technology-based industrial skills training products. PLM can be used to launch, track, score, measure, and report training and performance information from ITC's existing and planned courseware. In addition to supporting ITC's courseware, PLM's open architecture and built-in
"course connections'' enable it to connect to virtually any type of courseware from multiple vendors. PLM currently supports nearly 11,000 technology-based training titles from more than 60 different vendors.
"Learnframe's Pinnacle Learning Manager was a natural fit for ITC's courseware,'' said Christopher E. Mack, president of ITC Learning.
"PLM's unique combination of open connectivity and scalability coupled with it's wide range of courseware management and delivery capabilities make it the optimum learning management system (LMS) for ITC customers.''
ITC's private label version of PLM will be available to ITC customers by mid-summer. For ITC's customers using the ActivePro management system, an upgrade to PLM will mean improvements in scalability, new support for Oracle and Microsoft SQL databases, expanded management and reporting options, and the ability to manage courseware from multiple vendors.
"We're delighted to have Pinnacle Learning Manager chosen to play an integral role in ITC's e-Learning infrastructure,'' said Mike Memmott, Sr., chairman and chief executive officer, Learnframe, Inc.
"ITC has developed a reputation for providing the highest quality workplace skills training to the industrial market for more than two decades. We believe PLM provides the ideal framework for ITC's content, giving ITC's customers essential tools to meet today's e-Learning needs.''
About Learnframe, Inc.
Learnframe (www.learnframe.com) is the leading provider of e-Learning technologies and services for small and large enterprises, government agencies, learning providers and Internet businesses around the world. Enterprises in all industries rely on Learnframe's
"framework of e-Learning'' technologies and large library of programs to deliver and manage learning programs, improve training results, and achieve greater efficiency levels. Learnframe's product offerings include: the Pinnacle Learning
Manager (PLM) -- the training industry's leading learning management system; the Learnframe Learning Center -- an integrated e-Learning system for delivery of learning content in an e-commerce environment; and the Learnframe Library -- one of the largest online learning libraries available today. The Learnframe Library is comprised of all types of training materials -- CBT, text, video, etc. Learnframe can seamlessly integrate CBT from 60-plus vendors without modification to the courseware. Customers such as Agilent, Honeywell, Abbott Labs, KLA Tencor, US Air Force, Novell, Rockwell Collins and Intraware.com use Learnframe technologies to assess, plan, distribute, measure, and improve learning for customers, partners, employees, and suppliers. For more information, please contact: Kim Stilson or Jeanette McMurtry at 800-738-9800 or visit
www.learnframe.com.
About ITC
ITC Learning Corporation develops and markets workplace training solutions for industrial business, education, and government segments with headquarters in the Greater Washington, DC area and offices in Australia, Canada, and United Kingdom. With over 5,000 organizations worldwide using ITC's products to improve employee productivity and skills, ITC is recognized for excellence in industrial course content, training delivery technologies, and customer support. ITC provides customers with total training solutions, complete with services, administrative software and approximately 600 Video, CD-ROM, intranet, and Internet delivered multimedia courses on topics such as Industrial Technical Skills, Regulatory Compliance, Basic Literacy Skills, Information Technology, Business Productivity, and Personal Computer Skills. The Company's stock is traded on NASDAQ under the symbol
ITCC.
ITC Learning Corporation is located in Herndon, VA and can be reached at (800) 638-3757 or on the web at
www.itclearning.com.
This press release contains forward-looking statements. The words
"believe,'' "expect,'' "intend,'' "anticipate,'' and "project,'' and similar
expressions identify forward-looking statements, which speak only as of
the date the statement was made. The Company undertakes no obligation
to publicly update or revise any forward-looking statements, whether as
a result of new information, future events, or otherwise. Forward-looking
statements are inherently subject to risks or uncertainties, some of which
cannot be predicted or quantified. Future events and actual results could
differ materially from those set forth in, contemplated by, or underlying
the forward-looking statements. The risks and uncertainties to which forward-looking
statements are subject include, but are not limited to, the effect of
acceptance of the Company's products by the marketplace, competition,
and other risks detailed from time to time in the Company's filings with
the Securities and Exchange Commission.
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