MACR announced web base training software with ITC.
ITC Announces Partnership with Macromedia
Business Wire - February 01, 1999 13:05
HERNDON, Va.--(BUSINESS WIRE)--Feb. 1, 1999--ITC Learning Corporation ("ITC")(NASDAQ:ITCC), a leading provider of technology-based and multimedia training, and Macromedia, have announced a partnership to offer a world class-learning management solution.
ITC's AdminSTAR(tm) training and performance management system will now not only launch and track ITC's extensive library of multimedia offerings using Macromedia's Pathware(tm), but also launch and track independent vendor CBT and Web based training courses. The concept of total training management is now a cost effective reality.
The new AdminSTAR and Pathware learning management system, which supports the AICC standard, will provide a system capable of performing skill assessments, creating individual development plans, scheduling required training (classroom, video, multimedia, WBT, online and instructor led), launching requisite courseware to bridge skill gaps, tracking student progress, managing departmental funds, and producing comprehensive reports.
President and CEO of ITC Learning, Carl D. Stevens, stated, "Corporations today are looking for ways to execute their vision, manage knowledge resources and track the effectiveness of their training investments. Our partnership with Macromedia enhances AdminSTAR to be the strategic tool to enable corporations to meet these goals."
"This relationship is key to helping Macromedia fulfill its mission to provide an open enterprise learning solution for companies. By being able to integrate AdminSTAR with Pathware, companies can develop and implement a complete enterprise online learning system and achieve measurable results," said Ian Richmond, president of the Interactive Learning Division at Macromedia.
About Macromedia
Macromedia's mission is to add life to the Web. By providing its award-winning Web Publishing, Web Traffic, and Web Learning solutions to Web designers, consumers, and the enterprise, Macromedia is delivering a completely new generation of Internet tools and technologies designed to transform the Web experience. Headquartered in San Francisco, Macromedia (NASDAQ: MACR) has more than 550 employees worldwide and is available on the Internet at macromedia.com. Macromedia also hosts one of the most engaging entertainment sites on the web at shockrave.com.
About ITC Learning
ITC Learning Corporation develops and markets workplace training solutions for business, education and government with headquarters in Herndon, Virginia and major offices in Atlanta, Georgia; Grand Rapids, Michigan; Toronto, Ontario; Halifax, Nova Scotia; London, England; Sydney and Melbourne, Australia. With over 5,000 organizations worldwide using ITC's products to improve employee productivity and skills, ITC is recognized for excellence in quality and customer support. ITC provides customers with a total training solution, complete with administrative software and approximately 600 courses of CD-ROM, intranet and internet delivered multimedia training on such topics as Personal Computer Skills, Business Productivity, Information Technology Skills, Regulatory Compliance, Industrial Technical Skills and Basic Literacy Skills. The Company's stock is traded on NASDAQ under the symbol -- ITCC.
The matters described herein contain forward looking statements that are pursuant to safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward looking statements involve a number of risks and uncertainties including, but not limited to, ITC's ability to integrate the Macromedia Product offerings into its existing product portfolio, as well as economic, competitive, governmental and technological factors outside the control of the Company. For a more detailed description of ITC and the risk factors facing the Company, please refer to the Company's SEC filings, including its annual report on Form 10-KSB for the fiscal year ended December 31, 1997.
CONTACT: ITC Learning Corp., Herndon
Carl Stevens or Chris Mack, 800/638-3757 or 703/713-3335
itclearning.com, 703/713-0065 (fax)
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