E-Learning Firms to School Employees

click2learn.com Inc. Monday agreed to add its knowledge base to Worklinks, a
network that helps companies increase employee retention and productivity.

Financial terms were not disclosed and click2learn.com officials did not
immediately return calls seeking comment Monday.

click2learn’s e-Learning Network will meld with the Worklinks Learning
Channel, which allows companies to offer their employees educational
courses in a single, unified framework over a corporate intranet. The idea
behind the Learning Channel, Worklinks said, is to provide professional and
personal growth.

Also, by tapping into click2learn’s e-Learning Network Worklinks’ customers
gain access to thousands of online courses, books, and CD-ROMs from content
vendors. Customers will also be able to use click2learn’s publishing and
authoring tools to tailor their own courses.

Tom Jacoby, chief executive officer and founder of Worklinks, said he
appreciated click2learn’s understanding that educating, and thereby
empowering employees, can improve a firm’s bottom line.

“Every person learns differently, and Worklinks Learning Channel addresses
this by tapping into our e-Learning Network, thereby providing a huge
selection of education and training options, and allowing individuals to
customize all aspects of the learning process,”
Kevin Oakes, president and CEO of click2learn.

click2learn, which bows American Airlines as a large corporate customer, was
established in 1984 by Microsoft co-founder Paul Allen. Last week the firm
snagged 3 Dog Multimedia Inc., a developer of custom e-learning content in
Santa Cruz, Calif for an undisclosed amount. click2learn also posted
financials, reporting total net revenues of $11.1 million, an increase of 22
percent from $9.1 million in the third quarter of 1999.

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