Paul,
Please don't lie and raise your moral level. Show me the line where it says TLC dropped 25% in revenues. The report says that Brod had a declining revenue and this will result in a slight dilution. It also says that the remedial actions taken will ensure quick snap back. Here's today's PR:
The Learning Company Announces Launch of New Improved Version of 'Learn To Speak' Foreign Language Series
CAMBRIDGE, Mass., Sept. 24 /PRNewswire/ -- The world's best-selling foreign language software line has just gotten better. The Learning Company, Inc. (NYSE: TLC - news), a leading provider of educational software has upgraded its Learn To Speak(TM) Series instructional software, using innovative technology that makes learning a new language, faster, easier and more fun for the entire family.
The Learn To Speak(TM) Series complete interactive course uses state-of- the-art technology, special learning techniques and support materials to develop all-around fluency in speaking, listening, reading and writing. Learn to Speak version 7.0 incorporates speech-recognition simulation technology, record/playback features, interactive exercises and games in its in depth and systematic learning approach. In addition to these features, a progress screen, Learn to Speak online access, and a more user-friendly atmosphere have been added.
The Conversation section is one of the most exciting features of the Learn to Speak Series version 7.0. On the screen, you can enter any situation and literally take over the conversation yourself. The renowned speech-recognition simulation technology allows the user to have real conversations with characters. You can guide the dialogue with the characters on the screen and they respond based on what you say.
''We are very excited about the new Learn to Speak Series, because it fundamentally changes the way people can learn a new language,'' says Andy Young, Senior Vice President Marketing, The Learning Company. ''With the new Learn to Speak version 7.0, consumers will be able to personally guide themselves at their own pace through the program because it is structured in a progressive order of study. Each section within a chapter builds upon the other to create a more natural, flexible learning environment.''
Learn to Speak version 7.0 is available for Windows 95 and Windows 98 in Spanish, French, German and English. It fills 3 CD's and comes with a workbook and accompanying audio tape that provides additional exercise practice that you can take with you when you don't have access to a computer.
Learn to Speak Spanish and French are both available now and Learn to Speak English and German will be available later this year in the fourth quarter.
The retail price of the Learn to Speak 7.0 series is $79.95, the same price as the earlier version. A $50 rebate is also being offered in time for the holiday season.
The Learning Company, Inc. (NYSE: TLC - news) is one of the country's leading developers of consumer software for the entire family. The company publishes some of the best-known education, reference, personal productivity and family entertainment brands in the U.S., including Reader Rabbit, The Oregon Trail, Sesame Street, Carmen Sandiego, Mavis Beacon, Princeton Review, National Geographic, American Greetings, The Print Shop and Myst. The company's products are sold in more than 23,000 retail stores in North America and through multiple distribution channels including school sales, online, direct marketing and OEM. The Learning Company also develops, publishes and distributes products internationally through subsidiaries in France, Germany, the United Kingdom, Holland, Japan and Australia, and with distributors throughout Europe, Latin America and the Pacific Rim. The Company's headquarters are located at One Athenaeum Street, Cambridge, Mass. 02142; telephone 617-494-1200; fax 617-494-1219. The corporate Web site is located at www.learningco.com, and Customer Service can be reached at 617-761-3000.
NOTE: All trademarks are the property of their respective owners.
SOURCE: The Learning Company
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