To: Yenkai Wang who wrote (30625 ) 1/15/1998 6:00:00 PM From: Glenn D. Rudolph Respond to of 61433
Intranet Based Financial Management Web Site Provides Continuous Learning PR Newswire - January 15, 1998 15:47 %MLM %CPR V%PRN P%PRN PHILADELPHIA, Jan. 15 /PRNewswire/ -- SMGnet, the Internet/intranet development and delivery division of Strategic Management Group, Inc. today announced the release of an on-line financial training and reference web site, the Finance IQnet(TM)(FIQnet). The FIQnet is an integrated site that includes on-line learning modules, real time simulations, application tools, assessment tests, on-line expert video and audio clips (using Progressive Networks' Real Video(R) and Real Audio(R)), Q&A chatrooms and many other value-added elements. The Finance IQnet is the second in a series of award-winning Business IQnet(TM) sites from SMGnet. "Companies are pushing for a greater understanding of how shareholder value is created and are holding employees at all levels of the organization accountable," says Michael Aronson, Managing Partner, SMGnet. "As a result, many employees find themselves responsible for financial decision-making, often without a background or formal training in finance." The Financial IQnet helps users communicate more effectively with financial managers, accountants, business planners, venture capitalists, investors, and bankers. More importantly, FIQnet enables employees to clearly understand business performance from a financial perspective. Through the Finance IQnet, users: -- Learn key financial topics, terms, and concepts and how decision-making effects the financial performance of a company. -- Participate in a real-time business simulation that provides hands-on experience and effectively illustrates the cause and effects of financial decision-making. -- Gauge their depth of knowledge through a series of assessment and mastery tests. -- Link into the pages of real financial information to obtain news, quotes, and key financial information. -- Interactively share experiences, viewpoints, opinions or concerns with colleagues and associates throughout their company. The Finance IQnet is available for use through company intranets and can be customized to include the specific financial data of a client. SMGnet designed the site to be used over multiple bandwidths including 28.8 and full T1/T3 lines. About Strategic Management Group, Inc. Strategic Management Group, Inc., with corporate headquarters in Philadelphia, is an internationally recognized performance improvement organization. Since 1981, SMG has specialized in the design, development and delivery of business skills seminars, computer-based business simulations, standalone business skills training products and application tools for Fortune 500 clients around the world. For more information about the Finance IQnet visit the web site at www3.smginc.com/marketing/fiqnet. SOURCE Strategic Management Group, Inc. /CONTACT: Stephanie Luttrell or Christine Griffiths of Strategic Management Group, 215-387-4000, or fax, 215-387-3653, or e-mail, luttrell@smginc.com, or christig@smginc.com/ /Web site: www3.smginc.com