WBT Systems: Leadership in Enterprise e-Learning Solutions
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WBT Systems Announces New Locations as Part of Global Expansion

New Offices in San Francisco, Canada and Holland to support business expansion program

Dublin, Ireland - May 24th, 2004 - WBT Systems, a global leader in Intelligent Learning Solutions to the Enterprise, today announces further expansion of its global growth programme. It has set up new operations in San Francisco, addressing the US West Coast marketplace; Holland, addressing the Northern Europe market and Canada. This investment in new staff and locations is part of WBT’s strategy for structured growth with local direct sales and professional services resources to support its focus on regulated industries.

The company, recently named ICT Company of the Year, is seeing growing demand for its unique "intelligent enterprise" solutions that lower costs, reduce risk and ensure compliance for companies in industries such as Financial Services, Manufacturing, Life Sciences and others. Such organisations are seeking to leverage online learning to cope with the growing requirements of employee certification and training arising from increased regulation. WBT has delivered on hundreds of such projects with global brands such as Credit Suisse, Volvo, Husqvarna, Smith & Nephew, Dow Chemical and more recently Barclays subsidiary, FirstPlus, in the UK.

"Europe and North America hold tremendous opportunities for us and we're committed to building the infrastructure needed to satisfy the needs of our clients in these markets." said Declan Kelly, CEO WBT Systems. "With the opening of these new locations, we will extend the success of our existing presence and consolidate our market leadership position within regulated industries".

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 AHIMA, Alexander Forbes, Allergan, Basler Insurance, Belgacom, Credit Suisse, Danish Confederation of Trade Unions, Diageo, Dow Chemical, Eurocontrol, Husqvarna, Liberty Group, Ryanair, University of Chicago Hospitals, U.S. Department of Defense and Volvo CE. WBT Systems is recognised as a leader in both the e-Learning Suite and LMS Magic Quadrant Reports by the Gartner Group.

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.

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