NETD.L Regulatory News (NETD)

14 Jun 2007 07:02

NetDimensions (Holdings) Limited14 June 2007 NetDimensions delivers an on-demand learning management solution for Progress Software Austin, Texas, June 14, 2007 -- NetDimensions, a developer of learning,knowledge and performance management systems, today announced the launch of ahosted learning service for Progress Software Corporation, a global supplier ofapplication infrastructure software used to develop, deploy, integrate andmanage business applications. Progress Software Corporate Education Manager Michael Archdeacon commented: "Weare expecting a high volume of sales of NetDimensions-based online learning andfor it to become a significant benefit for our customers. It took less than amonth to complete initial training and be ready to accept customer orders. TheNetDimensions team provided us with full support, completed the initial projectson time, and operated within our defined budgets." Progress Software has more than 2,000 Application Partners (independent SoftwareVendors), who have combined the strength of Progress Software's technology withtheir specialization in building core applications. These Progress ApplicationPartners have developed and deployed over 5,000 different applications, whichare used in over 60,000 organizations around the world and have been deployed atmore than 110,000 locations. Progress Software and its Application Partnersdeploy applications at 10,000 new sites and add 600,000 new users every year. For NetDimensions the launch of the Progress Software service follows clientwins with Midwest Airlines, Lenovo and Shanghai Airlines and an initial publicoffering on the London Stock Exchange Alternative Investment Market in May 2007. "We're very pleased with our recent and on-going achievements," saidNetDimensions' Vice President of Sales, Mark Sanmarco. "To be working with acompany of Progress Software's caliber demonstrates how we continue to build onour successes." Under the agreement, NetDimensions will provide Progress Software with hostedservices for an initial two-year period. Financial terms were not disclosed. About NetDimensions Established in 1999, NetDimensions is a global provider of learning, knowledgeand performance management systems. The company's Enterprise Knowledge Platform(EKP) delivers and manages corporate training, career development, assessmentand certification programs, and helps clients around the world address growingregulatory compliance needs. Recognized as one of the top-rated learning management systems in overallcustomer satisfaction, EKP is used by multinational companies such as HSBC, ABNAMRO, ING, and Cathay Pacific. For additional information on NetDimensions, please visit www.netdimensions.com Enquiries: +----------------------+----------------------+------------------------+|NetDimensions |Allana Edwards |+852 2122 4500 || | |info@NetDimensions.com |+----------------------+----------------------+------------------------+|Cardew Group |Tim Robertson |+44 (0) 20 7930 0777 || |Shan Shan Willenbrock | || |Catherine Maitland | |+----------------------+----------------------+------------------------+ END This information is provided by RNS The company news service from the London Stock Exchange