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Partnership with Valtech gives WBT foothold into Danish Market

Dublin, Ireland - April 5th, 2005 - WBT Systems, a global leader in enterprise e-learning solutions and Valtech (Denmark), a leading consulting and System Integrator and wholly owned subsidiary of Valtech Group, today announce that they have secured a mutual, partnership agreement. Under the terms of the agreement, WBT will support Valtech to recommend, design and implement WBT’s solutions based on the award-winning TopClass® e-learning Suite.

"We are delighted with this partnership which enables us to offer a broader range of services to existing and potential customers in the Danish Market” said Louella Morton, Vice President Global Alliances of WBT Systems. “WBT is aggressively growing its global presence by forming strong relationships with leading providers of complementary services. Our partnership with Valtech has tremendous potential for business customers in a number of industries including financial services, healthcare, government and manufacturing”.

Both companies will proactively market each others products and services and collaborate on sales efforts as appropriate. “We decided to partner with WBT Systems because of the rich functionality of their technology and the high praise the company received from independent analysts such as Gartner” says Carsten Brogaard Jensen, Business Development Manager at Valtech. “WBT’s TopClass® platform will form a key component for our e-learning solutions as we deliver world-class solutions to the Danish marketplace and beyond”.

About Valtech

Valtech (Denmark) is located in Copenhagen and is part of the Valtech Group. The company has over 1,000 IT-professionals and is firmly established in Europe, the US and Asia. The company has proven experience in the designing and implementing projects in sectors such as government, healthcare, finance, telecommunication, retail, media and manufacturing. Valtech’s global organisation is a network of Advanced Technology Solution Centres that are leveraged to deliver high quality solutions with a short time-to-market, while incurring a minimum of costs. The company shares best practice, best ideas and best people around the world. Valtech has a 10-year track record in the strategic design, construction and implementation of advanced technology, distributed solutions. Since 1993 Valtech has been involved in over 1,000 advanced projects based on the key building blocks of J2EE, .NET, Lotus Domion, XML and UML. Valtech Denmark specialises in portal, content management and e-learning solutions.

About WBT Systems

WBT Systems is one of the leading providers of intelligent learning solutions across the globe. Its solutions help organizations 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. 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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