Press Releases & Coverage

Plateau and SkillSoft Announce First Integrated Content and Learning Management Solution

Offering From Plateau Significantly Reduces Time to Access and Administer Learning Content

ARLINGTON, Va. and NASHUA, N.H., May 4 /PRNewswire/ -- Plateau Systems, a leading provider of software for developing, managing, and optimizing organizational skills and talent, and SkillSoft PLC (Nasdaq: SKIL - News), a leading provider of content resources and complementary technologies for integrated enterprise learning, today announced a fully integrated content and learning management solution. This integrated offering will be available from Plateau in late summer 2005 and will automate the process to deliver comprehensive content resources throughout an organization. This content will include a comprehensive SkillSoft catalog of more than 4,800 courses and simulations and more than 7,600 unabridged business and IT titles from Books24x7®, in addition to all internally customer-developed custom content. An advanced search capability will allow users to seamlessly browse and search all content from within Plateau's Learning Management System (LMS).

Plateau demonstrated an early version of the joint solution to more than 400 customers at SkillSoft's Perspectives User Conference and described how this turn-key solution can greatly increase workforce productivity and skills development.

"One of the biggest challenges organizations face today is delivering the right information to the right people at the right time," said Paul Sparta, chairman and CEO of Plateau Systems. "This integrated offering automates content administration and allows users to access relevant content more quickly than ever before."

"Plateau has been a key partner in SkillSoft's early stages of formulating our recently announced open learning standards architecture (OLSA)," said Chuck Moran, president and CEO of SkillSoft. "Plateau's development is an important early step in addressing the need for seamless integration of learning solutions by offering users of its learning management system an easier, faster way to access on-demand learning resources."

With this solution, information about all licensed SkillSoft content is automatically loaded into catalogs within Plateau's LMS, making it immediately available to users. Using SkillSoft's advanced Search-and-Learn(TM) technology, a topic search may return chapter-level content for SkillSoft courses, books and simulations, sorted in order of relevancy. This powerful search engine is now embedded in Plateau's LMS, allowing users to launch content, post it to their individual development plans, and link it to competencies.

The resulting benefits of the integration are substantial. End users save time by being able to view SkillSoft content from directly within the Plateau LMS and obtaining more granular search results and relevancy ratings. System administrators are more productive since the solution eliminates the need to manually load SkillSoft content into Plateau and then re-load updates.

Plateau is a charter member of the SkillSoft Alliance for Integrated Learning, a program created for SkillSoft technology partners designed to promote seamless integration among learning content resources, learning management systems and other learning technologies.

About Plateau: Plateau is a leading provider of adaptable Web-based software for developing, managing and optimizing organizational skills and talent to increase workforce productivity and business operations performance. Plateau's software is being used by some of the world's largest, most successful enterprises, including the American Red Cross, General Electric, Internal Revenue Service, and Wendy's International. Industry analysts, including Forrester Research and Bersin & Associates, have rated Plateau a leader in functionality, technology, and customer satisfaction. The company is headquartered in Arlington, Va. For more information, please visit http://www.plateau.com.

About SkillSoft: SkillSoft is a leading provider of comprehensive e- learning content and technology products for business and IT professionals within global enterprises. SkillSoft's multi-modal learning solutions support and enhance the speed and effectiveness of both formal and informal processes and integrate SkillSoft's in-depth content resources, learning management system, virtual classroom technology and support services. For more information, visit http://www.skillsoft.com.

Content provided is for information purposes only and is subject to change without notice. SkillSoft has no obligation or commitment to develop or deliver any future release, upgrade, feature, enhancement or function described in this press release except as specifically set forth in a written agreement.

This release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from those indicated by such forward-looking statements. Factors that could cause or contribute to such differences include competitive pressures, changes in customer demands or industry standards, adverse economic conditions, loss of key personnel, litigation and other risk factors disclosed under the heading "Management's Discussion and Analysis of Financial Condition and Results of Operations -- Future Operating Results" in SkillSoft's Quarterly Report on Form 10-Q for the quarter ended January 31, 2005, as filed with the Securities and Exchange Commission. The forward-looking statements provided by the company in this press release represent the company's views as of April 29, 2005. The company anticipates that subsequent events and developments may cause the company's views to change. However, while the company may elect to update these forward-looking statements at some point in the future, the company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the company's views as of any date subsequent to the date of this release.

 
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding SkillSoft Corporation's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.