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Technology Stocks : ITRA INTRAWARE

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To: DAY TRADER who wrote (833)4/17/2000 9:43:00 AM
From: Mark Oliver  Read Replies (1) of 937
 
Intraware Debuts Complete, Hosted, E-Learning Solution for IT

Intraware E-Learning Dramatically Extends Intraware's Core Value Proposition:
A Single, Integrated IT E-Marketplace for Software Research, Purchasing,
Deployment, Management, and Training

prnewswire.com
ORINDA, Calif., April 17 /PRNewswire/ -- Intraware, Inc., (Nasdaq: ITRA)
the leading IT e-marketplace for web-based software and services, today
announced that it has added Intraware E-Learning, a comprehensive, IT
e-learning solution, to its suite of integrated products and services.
Intraware E-Learning is an end-to-end set of web-based, learning products and
services, aimed at mid to large-scale enterprises, and essential to companies
that purchase today's complex IT software systems. Intraware E-Learning
offers easy-to-use, hosted products for IT skills assessment, learning
management, progress reporting, and training. Because Intraware hosts the
entire e-learning solution, it eliminates the need for customers to purchase
and manage extensive hardware systems, thus enabling substantial cost-savings.
Today, online and CD-based training to support IT requirements is one of
the fastest growing industries in the world. According to IDC, the worldwide
information technology training market totaled almost $19B in 1999 and will
reach nearly $28B by 2003 representing an enormous growth rate. IT training
comprises 78% of the total training market. Intraware's user base,
representing more than 200,000 IT professionals, makes the introduction of
e-learning a clear advantage for current customers as well as a great
opportunity for future customers.

One Company, Complete Solution
IT professionals now have access to services across the software life
cycle, including research, evaluation, procurement, training, delivery, and
deployment.
"The combination of Intraware's current position in the market as an
objective IT solution provider that includes e-learning means great things for
CIO's," said Jim Ayube, Senior Analyst from the Aberdeen Group. "Training IT
professionals on an ongoing basis is crucial to the success of companies and
Intraware's model makes e-learning central to a complete IT solution."
"Selecting and purchasing IT software is not enough in today's world of
fast-changing technology," explains Peter Jackson, president and CEO of
Intraware. "More than ever, companies must give employees ways to quickly and
efficiently master complex software systems. Training has traditionally been
an after-thought and an after-market purchase. Intraware strongly believes
that e-learning is an integral part of the evaluation, procurement and
maintenance of IT software and systems and we now provide our customers with a
unique and easy way to meet this mission-critical need. Our customers can
save time and money because they can meet their e-learning requirements at the
same time they purchase their software and systems. With the addition of
Intraware E-Learning, no other IT e-marketplace offers the breadth and depth
of products and services now available in our IT e-marketplace."

A Better Return on Your People
IT professionals are in hot demand and short supply in our
technology-based world. By providing critical IT skills through E-Learning,
Intraware helps companies retain their most important asset-people.
"One of our primary challenges is hiring the right people and then keeping
them," said Andrew Holland, president of Interactive Media Group, a Web
development company. "Intraware E-Learning will be very useful for screening
potential employees and validating the skill-sets of new employees. Once we
have people on board, Intraware E-Learning will help us retain our employees
by giving us the opportunity to invest in them and provide them with a career
path."

End-to-End Solution for E-Learning
Intraware E-Learning is a complete training solution within a hosted
environment and accessed through a single point of entry. There are four, key
components to Intraware E-Learning: the Intraware Skills Management System,
the Intraware Learning Management System, Web-based Courseware and extensive
e-learning content.
The Intraware IT Skills Management System catalogs the skills for a wide
range of IT professionals. Employees perform a skills assessment where gaps
in skills or capabilities are identified. The Intraware IT Skills Management
System, powered by Skillscape, automatically recommends the appropriate
courses that will help close the skills gap. The Intraware IT Skills
Management System includes the following core features:

-- Comprehensive Skills Dictionary: Identifies more than 4,000 skills
organized by job type;
-- Skills Mapping: Provides specific course recommendations based on an
individual's current skills and identified skills-gaps;
-- Reports: Lets IT managers immediately and accurately forecast their IT
personnel requirements and match the right people to the right
projects.

Using the Intraware Learning Management System, organizations can track
and manage IT e-learning efficiently, accurately and cost-effectively. The
Intraware Learning Management System is a secure, hosted environment that
includes the following core features:

-- Registration and Management: A single point of entry for managers and
employees to sign on, see their courses, progress, status and results.
Managers can also determine required courses, view reports across their
organizations and provide instructions or information to their
employees;
-- Data Tracking: Enables IT managers to quickly and efficiently
understand IT employees' competencies and ensure that they are taking
full advantage of the courseware;
-- Course Launching and Bookmarking: Offers users the convenience of a
single, easy-to-use interface for launching online courses from
multiple vendors and keeps track when users leave and return to
courses, restarting them where they left off.

Intraware E-Learning supports a wide range of e-learning courses and
curricula. Customers can integrate online courseware from top-tier vendors
into both the Intraware Learning Management System and the Intraware IT Skills
Management System allowing unparalleled flexibility. In addition, Intraware
has announced a wide-reaching partnership with SmartForce to resell their
complete line of e-learning products and services. The advantages of
e-learning courseware includes:

-- Any time: E-learning courseware is available to employees round the
clock, 24/7;
-- Anywhere: Internet courses support the global workforce and can be
taken from anywhere;
-- Scalability: Managers can provide training for one person or thousands
through Intraware E-Learning;
-- Availability and Quality: The e-learning courseware market has matured
and high-quality, high-impact courses are now available for the IT
employee and the end user.

Finally, Intraware E-Learning includes a variety of evaluations, industry
articles, news and other information available at Intraware's IT
e-marketplace. This content includes up-to-the minute information that IT
professionals need to make their jobs easier and more productive.

Pricing and Availability
Intraware E-learning is available immediately as part of a complete range
of products and services. Pricing for Intraware E-Learning is determined by
number of users, number of courses and other factors. Volume and enterprise
discounts are available.

About Intraware
Intraware, Inc. is the leading IT e-marketplace for web-based software and
services. Intraware's services allow IT professionals to control the business
software life cycle online-from research and evaluation, through purchase,
training, and deployment, to updates and management. The company provides
objective technical research; in-depth software analysis; an extensive
selection of software, training, and resources; and a comprehensive software
delivery, update, and management system.
Intraware's unique spectrum of innovative Internet-based services has
attracted strategic relationships with industry-leading vendors including
Allaire Corporation, Bluestone Software, Inc., Computer Associates
International, Inc., Commerce One, Inc., Hewlett-Packard Company, Informix
Corporation, Infoseek, Interwoven, Inc., Macromedia, Inc., Novell, Inc.,
PeopleSoft, Inc., Sun-Netscape Alliance, Sybase, Inc. and Vignette
Corporation. Intraware is a publicly-held company with headquarters located
at 25 Orinda Way, Orinda, California 94563. Phone: 925-253-4500; Fax:
925-253-4599; intraware.com.

Forward Looking Statements
The statements in this news release referring to customers' ability to
obtain substantial cost-savings using Intraware E-Learning, and to the
projected growth of the worldwide information technology training market to
nearly $28 billion by 2003, and other statements in this release which are not
historical facts, may be deemed to be forward-looking statements involving a
number of risk factors and uncertainties. Factors that could cause actual
results to differ materially from those anticipated in this news release
include the introduction of competitive services and products by other
Web-based companies; lack of acceptance of Intraware E-Learning by companies
or their trainees; and a weakening of demand for business software systems.
Further information on potential factors that could affect Intraware's
financial results is included in Intraware's Form 10-K for the 1999 fiscal
year and Form 10-Q for the quarter ended November 30, 1999 filed with the
Securities and Exchange Commission (SEC). Copies of these and other Intraware
filings with the SEC are available from Intraware without charge or online at
intraware.com.
NOTE: Intraware NetInsights, Intraware IT Knowledge Center, Intraware
Compariscope, Intraware Radarscope, Intraware Shop, and Intraware SubscribNet,
and Intraware E-Learning are among the service marks and trademarks of
Intraware, Inc. All other company names, product names, service marks and
trademarks mentioned herein are trademarks of their respective owners.

CONTACT: Carole Sinclair of Intraware, Inc., 925-253-6707, or
carole@intraware.com; or Julie Connolly of Ruder Finn, 415-348-2734, or
connollyj@ruderfinn.com, for Intraware, Inc.

SOURCE Intraware, Inc.


Web site: intraware.com


CONTACT: Carole Sinclair of Intraware, Inc., 925-253-6707, orcarole@intraware.com; or Julie Connolly of Ruder Finn,415-348-2734, or connollyj@ruderfinn.com, for Intraware, Inc.
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