22 January 2004 at 8:00 am · Click2learn Press Releases · Click2learn
Click2learn, leader in enterprise productivity solutions, today announced that Managed Career Solutions (MCS), a leading employment services provider, has chosen the Aspen Enterprise Productivity Suite™ to create a template business model for integrating and managing learning assets and partner-provided services at the Hollywood Workforce Center, one of over 200 One-Stop employment services centers in California. MCS and its partner Enhancement Consulting Group, which provides content and will oversee the rollout in Hollywood, ultimately expect to make the Aspen-powered solution available to more than 3000 other One-Stop centers across the nation. One-Stop Centers, which grew out of the Department of Labor’s Workforce Investment Act, provide a full range of public and private services that allow the unemployed and underemployed to re-enter the workforce or upgrade their existing employment status. Services include counseling, training programs, job placement, housing referrals and daycare, among others. Many of these services are provided by a network of partners, including government agencies, economic development, local universities, businesses and community-based organizations.
12 January 2004 at 8:00 am · SumTotal Press Releases · SumTotal
Docent®, Inc., a leading provider of integrated software solutions proven to directly drive business performance through learning, today reported preliminary financial results for its fourth quarter and fiscal year ended December 31, 2003. Docent’s fourth quarter 2003 revenue is expected to be approximately $8.5 million, compared to $7.1 million in the fourth quarter of 2002. This represents an increase of 20%. License revenue will be approximately $3.8 million and service revenue will be approximately $4.7 million. For fiscal 2003, revenue is expected to be approximately $30.3 million compared to $27.8 million in 2002. This marks the most revenue recorded in any year in the company’s history. The company continued its market momentum with bookings in the quarter of approximately $10 million. Net loss for the fourth quarter on GAAP basis is estimated at approximately $2.5 million or 19 cents per share. Excluding expenses of $1.2 million associated with the proposed merger with Click2learn, the Non-GAAP pro-forma net loss is estimated at approximately $1.3 million or 10 cents per share. This compares to a net loss on a GAAP basis of $3.2 million or 24 cents per share in the fourth quarter of 2002. For the total year the net loss on a GAAP basis will be approximately $10.7 million or 82 cents per share compared to $23.8 million or $1.72 per share in 2002. Cash and short-term investments totaled approximately $29.5 million and the cash burn was $3.4 million including $1.0 million of expenses associated with the merger. “I am extremely pleased with our success in the quarter,” commented R. Andrew Eckert, President and CEO. “We have achieved wide acceptance in the marketplace for our suite of products over the past year and it is satisfying to see this reflected in our financial results. Achieving $10 million in quarterly bookings is a significant milestone for the company.” Eckert added, “Our merger with Click2learn is proceeding on schedule and we continue to anticipate closing the merger during the first quarter of 2004. Our customers and prospects seem to have received the proposed merger very positively. I am excited that the reaction from all corners of our industry has been to reaffirm the leadership that this merger is expected to create. The combination will bring together two of the strongest and most innovative business performance and learning management software companies to create a single company well positioned for long-term global leadership. Our intent is to create a company that can provide customers with a partner that has long-term financial strength and stability, product and solution superiority, and operating leverage to serve them in an even more compelling way. I continue to be excited by the outlook for the new company and its opportunity to be the clear leader in our market.” In addition to the merger announcement and the close of a record revenue year, Docent saw many additional highlights in Q4, including: Continued success with the largest companies. Docent had wins with new customers such as AT&T Wireless, Kia Motors America, Inc, and Blue Cross Blue Shield of Minnesota. New product innovation and success. As the only provider in the market with our own Analytics product, we saw growing momentum with Docent Analytics as four more customers added the solution. Continued strength and leadership in the Japanese market. Japan’s largest career information services provider, Recruit, has chosen Docent to power a more robust learning solution for its ever-growing subscriber base. Continued leadership in the European market. The leading banking group in Germany, BVR, chose Docent to assure compliance with evolving financial regulations and risk management practices. Another notable win was SportsCoach UK. New partnerships with Indra in Spain and Micropole-Univers in France were established to further strengthen our ability to serve our ever-growing customer base. Continued progress in the government arena. CATSA, the Canadian Air Transportation Security Authority, selected Docent for its ability to help meet mission-critical compliance and competency needs for airline passenger security. Strong demonstration of business value and customer satisfaction. Centrica, a Global 2000 provider of energy and services, has expanded usage of the Docent platform to its British Gas subsidiary to increase customer value with flexible CRM training to 13,000 agents. Additionally, Cable & Wireless rolled out the Docent platform across 14 countries in less than 90 days and announced a return on investment in 120 days. Market validation of leadership. Gartner, Inc. again listed Docent in the leader quadrant of its second half 2003 Learning Management System (LMS) Magic Quadrant. Docent will host a conference call for the investment community on Tuesday, January 13, 2004 at 6:00 a.m. Pacific Time, 9:00 a.m. Eastern Time. Docent’s President and Chief Executive Officer, R. Andrew Eckert, and Senior Vice President and Chief Financial Officer, Neil Laird, will host the call. A live audio webcast of the conference will be available from Docent’s investor relations Web site at www.docent.com/investors In addition to the webcast, a replay of the conference call will be available via telephone beginning Tuesday, January 13 at approximately 9:00 a.m. Pacific Time, and will be available through the close of business on January 20, 2004. U.S. participants can access the replay by dialing toll free: 1-800-207-7077, access code: 4072. International participants can access the replay by dialing: 1-913-383-5767, access code: 4072.
12 January 2004 at 8:00 am · Click2learn Press Releases · Click2learn
(January 12, 2004) – Click2learn today announced its preliminary results for the quarter and year ended December 31, 2003.
7 January 2004 at 8:00 am · Simon Price · Conferences
Click2learn will be officially launching ToolBook 2004 in the UK at Learning Technologies 2004 in London on 28-29 January. Learning Technologies 2004 is held at Olympia and is billed as Europe’s leading learning and skills Exhibition and Conference. Read more »
1 January 2004 at 8:00 am · Denny Dedmore · How-to
Do you have dozens (if not more) of images that are in the Resource Manager which you would like to have external copies of, and you dread exporting them one by one? Then Batch Export them using this utility. [ Link... ]
1 January 2004 at 8:00 am · Denny Dedmore · Downloads
Wondering what changes are in the new 2004 version of ToolBook? This is the place to look. Find out about the catalog changes, SIM enhancements, Actions Editor upgrades, plus lots more. [ Link... ]
