WBT Systems Positioned in Leader Quadrant in 2005 e-Learning Suite Magic Quadrant Report; Criteria Based on Ability to Execute and Completeness of Vision

Business Wire, August 18, 2005

DUBLIN, Ireland -- WBT Systems, one of the leading providers of enterprise e-learning solutions, announced today that it has been listed in the leader quadrant in a report published by Gartner*, the global technology advisory and research firm. The Gartner report reviewed e-learning suites from 18 vendors and placed six vendors in the leader quadrant. Vendors were evaluated on their ability to execute and completeness of vision. The number of vendors was reduced from 24 to 18, and the number of the companies in the leader quadrant fell from seven to six.

According to Gartner, "Vendors in the leader quadrant have the highest combined measures of ability to execute and completeness of vision. They are doing well and prepared for the future. They have strong channel partners, presences in multiple geographies, consistent financial performance, broad platform support, good customer support, the most-comprehensive and scalable products and the ability to deliver all of the key e-learning suite capabilities. Strong vision reflects a solid product strategy, combined with the management vision to make e-learning a focused initiative".

In its assessment of the e-learning suite market overall, Gartner reported, "The e-learning suite market is evolving rapidly, as companies demand more comprehensive suites. When evaluating e-learning vendors and their suites, focus on modularity, integration and personalization. With this approach, you can focus on obtaining modules that are more relevant to your business goals and can, therefore, produce better results".

The TopClass e-Learning Suite(TM) from WBT Systems is a comprehensive, robust, easily deployed, web-based e-learning platform with over two million users worldwide. Using TopClass, organisations can reach high performance and proficiency levels and gain competitive advantage through increased revenues. TopClass provides for adaptive, individualised learning paths based on its extremely powerful, open, standards-based, Learning Objects architecture.

"We are delighted to be positioned in the leader quadrant in such an important report" said Declan Kelly, CEO, WBT Systems. "We believe it is testament to our product offering, satisfied customer base, our global expansion programme and our continuous investment in learning management platform R&D. This combination of factors has been key for us in winning major new deals at Standard Life, The World Bank, Zurich Group and ICON".

*Gartner, Inc, 'Magic Quadrant 2005: E-Learning Suites' (J. Lundy, W. Arevolo, 2005)

About WBT Systems

WBT Systems is one of the leading providers of intelligent learning solutions across the globe. Its solutions help organisations to address the business issues that are imperative to success in an increasingly competitive world. Best of breed solutions include mitigating risk and reducing costs by implementing advanced, robust compliance tracking solutions and driving top-line performance through enabling sales and customer services channels. WBT's implementation experience spans a variety of industries, including financial services, healthcare, government, and pharmaceuticals in blue-chip companies such as ABB, AHIMA, Alexander Forbes, Basler Insurance, Belgacom, Clinphone, Credit Suisse, Danish Confederation of Trade Unions, Diageo, Dow Chemical, Eurocontrol, Husqvarna, Innovatia, Liberty Group, Ryanair, Smith & Nephew, Valero, Volvo CE and World Bank. Established in 1995, WBT Systems is headquartered in Dublin, Ireland with offices in the US, Canada, UK, Germany and the Netherlands. For more information, see www.wbtsystems.com

* The Magic Quadrant is copyrighted August 15, 2005 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

www.wbtsystems.com

Copyright (C) 2005 WBT Systems. The WBT Systems logo and the marks related to WBT products referenced herein are either trademarks or registered trademarks of WBT Systems Limited. All other brand and product names contained herein may be trademarks or registered trademarks of their respective holders.