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WBT’s System to Manage and Deliver Training to 16,000 World Bank Employees

Dublin - September 21st, 2005 - WBT Systems, a global leader in enterprise e-learning solutions, today announced the launch of the World Bank’s global Learning Management System (LMS). This major deployment, part of the larger Knowledge and Learning Environment (KLE) project to integrate knowledge and learning in the Bank into a single point of access, is powered by the award-winning TopClass e-Learning Suite^TM. From today, the LMS will be used to manage, develop and deliver training to an initial audience of 16,000 World Bank employees around the world.

The World Bank is a specialized agency of the United Nations and is made up of 184 member countries. It is one of the world’s largest sources of development assistance, supporting the efforts of developing country governments to build schools and health centers, provide water and electricity, fight disease, and protect the environment. Some 10,000 development professionals from nearly every country in the world work in the World Bank’s Washington DC headquarters or in its 109 country offices.

The LMS will link learning activities to individual and organizational learning plans and learning roadmaps, based on the Bank’s business and strategic objectives. The new system will bring together the Bank’s Annual Learning Budget Approval, Catalog and Registration, Online Courses and Individual Learning Plans from four disparate systems within the Bank and enable course administrators and managers to track costs and participation rates more easily.

Commenting on the new initiative, Phyllis Pomerantz, Chief Learning Officer at the World Bank in Washington noted, “There is a great deal of excitement in the World Bank’s &rlquo;learning community’ with the go-live of the new LMS. We are thrilled that the hard work of the World Bank/WBT team will translate into better learning services to our staff and are eagerly awaiting users’ feedback on the new system.”

Declan Kelly, Chief Executive Officer of WBT Systems welcomed the launch, “The success of the World Bank project is testament to the quality of our solutions, the hard work and dedication of our teams in the US and Europe, and our vertical focus on the financial services sector. We are delighted to be associated with such a prestigious project”.

About The World Bank

The World Bank helps governments in developing countries reduce poverty by providing them with the money and technical expertise they need for a wide range of projects - such as building schools, roads or water wells - and reform of government services. The World Bank is not a “bank” in the common sense. It is one of the United Nations’ specialized agencies, and is made up of 184 member countries. These countries are jointly responsible for how the institution is financed and how its money is spent. Along with the rest of the development community, the World Bank centers its efforts on the reaching the Millennium Development Goals, agreed to by UN members in 2000 and aimed at sustainable poverty reduction. The “World Bank” is the name that has come to be used for the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA). Together these organizations provide low-interest loans, interest-free credit, and grants to developing countries. Some 10,000 development professionals from nearly every country in the world work in the World Bank’s Washington DC headquarters or in its 109 country offices. For more information, see http://www.worldbank.org/

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 recognized 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 http://www.wbtsystems.com/

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