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TECHNOLOGY EXCHANGE
KnowledgeNet® and AMA Develop
Business Skills E-Learning Library
Companies Co-Develop Comprehensive, Online Business Training Library.
PHOENIX, Ariz. (October 1, 2001)- KnowledgeNet, the leader in next generation e-learning, today announced an agreement with the American Management Association (AMA), the world's largest membership-based management development association, to develop AMA's extensive business skills course content in KnowledgeNet®'s award-winning e-learning format. KnowledgeNet will now offer enterprise customers its extensive portfolio of information technology (IT) courses as well as AMA's complete lineup of soft skills and management development courses, providing the largest one-stop shop solution for 100% next generation, multi-media rich e-learning.
Programs will be offered across all industries and on all levels, from CEOs to administrative professionals. Included will be comprehensive course offerings in the areas of management, finance, project management, communication skills, human resources, sales, marketing, strategic leadership and administrative services. AMA business skills content will be developed in multiple KnowledgeNet Internet-based formats, including KnowledgeNet LIVE (instructor-led e-learning); KnowledgeNet EXPRESS (self-study replay of KnowledgeNet LIVE); KnowledgeNet INTERACTIVE (self-paced desktop e-learning) and KnowledgeNet MOBILE (self-paced pocket PC e-learning). This extensive variety of different platform and delivery options is the first of its kind in e-learning - taking anytime, anywhere learning to a higher level.
"To fulfill our mission to address the growing global demand for educational services, it is imperative that we provide top quality e-learning alternatives for our members and customers," said Edward T. Reilly, president and chief executive officer of AMA. "We selected KnowledgeNet after more than a year of careful study, convinced that their range of Internet-based formats and proven delivery capabilities would enable our customers to fully benefit from an expanding array of choices."
Corporate Strategy: Complete HCDM Solutions -- Content, Services, Technology This announcement is part of KnowledgeNet's corporate strategy to pursue an extensive suite of both information technology and business skills e-learning content, supported by custom services and next generation e-learning platform technology - a complete human capital development and management (HCDM) solution.
"We have been planning to extend our off-the-shelf content library to include business skills e-learning because of significant customer demand," said Tom Graunke, CEO and co-founder of KnowledgeNet. "This move is a natural extension of our complete solution strategy and will allow KnowledgeNet to continue our progress as the leading next generation e-learning provider.
"By working with the AMA," continued Graunke, "we've partnered with the most sought after corporate management training organization in the world, with the broadest, most complete library, and the most recognizable brand."
About American Management Association: The American Management Association is the world's leading membership-based management development organization. It is distinguished by the quality of its faculty of global business practitioners, the practical action-oriented focus of its learning programs and the dynamic, interactive nature of its courses. AMA offers a full range of business education and management development programs for individuals and organizations in the Americas, Asia and Europe. More than 700,000 AMA customers and members a year, including 488 out of the Fortune 500 companies and many federal agencies, learn superior business skills and best management practices through a variety of seminars, conferences and executive forums, e-learning and self-study courses, books, research studies and onsite and customized learning solutions. For additional information, please consult AMA's Website at www.amanet.org.
About KnowledgeNet.com, Inc. KnowledgeNet delivers next generation Internet-based training - "e-learning" - that provides online training to enterprises and individuals with the superior content and instructional design. The Company's multiple synchronous and asynchronous content delivery solutions represent an integrated suite of e-learning products that can be easily customized to suit individual learning styles. KnowledgeNet has received over 16 industry distinctions for its e-learning solutions, including the Macromedia e-learning award for Best Corporate Training application, Brandon Hall of Fame gold and bronze medals in the Information Technology category, the Information Technology Training Association Award for Excellence, and the United States Distance Learning Association Award for Excellence. The Company is a Cisco Learning Solutions Partner, and is a Microsoft Certified Technical Education Center (CTEC) as well as a Microsoft Certified Partner. Companies choose KnowledgeNet's integrated e-learning solutions for their proven return on investment, high pass rates, engaging content, and superior customer service.
A September 2000 CMP Media survey revealed that KnowledgeNet e-learning beats traditional classroom training, with 94% of KnowledgeNet students passing their certification exams. KnowledgeNet customers include blue chip companies and institutions such as Cisco Systems, GE, Lockheed Martin, Sun Educational Services, AT&T, EMC and WorldCom. Founded in 1998, KnowledgeNet is a privately held company based in Phoenix, Arizona. The Company is backed by Cisco Systems, Morgenthaler Ventures, Sierra Ventures, Trinity Ventures, and Berkeley International Capital Corporation.
Visit KnowledgeNet on the Web at www.knowledgenet.com. For more information, call 1-888-577-5779.
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of KnowledgeNet.com, Inc.
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respective owners.