NETD.L Regulatory News (NETD)

11 Jan 2008 07:01

NetDimensions (Holdings) Limited11 January 2008 Louis Vuitton chooses NetDimensions' EKP to Power its Advanced LearningManagement System initiative Hong Kong, December 2007, NetDimensions, a global provider of learning,knowledge and performance management systems, announces that leading fashionluxury goods maker Louis Vuitton has chosen NetDimensions' Enterprise KnowledgePlatform (EKP) as the platform for their e-Learning system. The Louis Vuitton e-Learning system provides product, soft skills, system usageand anti-counterfeiting training using a combination of internally developed andexternally sourced courseware. The system is hosted by NetDimensions. The system will cost-effectively manage various tasks throughout the educationcycle of individual learners, from enrollment to assessment, and will eventuallybe implemented globally. Said Karim Fettous, IS&T Director of Louis Vuitton, "As a fast growingorganization with a dynamic, well known product set, the knowledge and expertiseof our staff is vital to maintaining our premium brand status." "Training helps to ensure that our staff maintain requisite service standards,are familiar with intercultural nuances, are open to new ideas and concepts -and, of course, is important in preparing newcomers for their role as LouisVuitton representatives." "At present we provide train the trainer, classroom and key user training withinstructors who travel around the region. We expect that training will beincreasingly conducted online. "Online training is cost effective, offers educational diversity and benefitslearners by providing added scheduling flexibility. "Given the numbers of people in different countries, it was important that thesystem not only be easy to use but also be web-based, for universal access, andoffer multilingual support. EKP met and surpassed our criteria and we wereimpressed that EKP could be both powerful yet user-friendly." Jay Shaw, co-founder and CEO of NetDimensions, was elated at the sale, stating:"As consumers become more knowledgeable, training becomes even more critical astheir expectations of high levels of service and product expertise grow. LouisVuitton, of course, recognizes this and we're ecstatic that they selected ourEnterprise Knowledge Platform as their platform of choice." About NetDimensionsEstablished in 1999 and listed on the London Stock Exchange AIM (NETD),NetDimensions is a global provider of learning, knowledge and performancemanagement systems. The company's key products include the Enterprise KnowledgePlatform (EKP), the Enterprise Assessment Platform (EAP) and the EnterpriseContent Platform (ECP). NetDimensions delivers and manages corporate training,career development, assessment and certification programs, and helps clientsaround the world address growing regulatory compliance needs. Recognized as one of the top-rated learning technology suppliers in overallcustomer satisfaction, NetDimensions has been chosen by multinationalorganizations worldwide including HSBC, ING and Cathay Pacific. About Louis Vuitton The world leader in luxury, Louis Vuitton has been synonymous with the art ofstylish travel since 1854. Since 1997, with the arrival of the designer MarcJacobs, it has extended its expertise to women's and men's ready-to-wear, shoes,watches and jewelry, combining traditional craftsmanship with flair andinnovation to create a complete lifestyle experience. Louis Vuitton operates anexclusive retail network of 388 stores in 56 countries around the world. Since1987, it has been part of LVMH Moet Hennessy Louis Vuitton, the world's largestand most successful luxury goods group. EnquiriesNetDimensions Allana Edwards +852 2122 4500 www.netdimensions.com/investor Landsbanki Securities (UK), Fred Walsh +44-20-7426-9000Nomad & Broker Simon Brown Cardew Group, Tim Robertson +44 (0) 20 7930 0777Financial PR Shan Shan Willenbrock Catherine Maitland Louis Vuitton Rita Yeung +852 2968-6166 This information is provided by RNS The company news service from the London Stock Exchange