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Eedo’s European Strategy Validated by Client Wins, Product Acceptance and a Growing Web of Partners
Nashua, N.H., July15, 2003 -- Eedo Knowledgeware Corporation, the leader in e-Learning/Knowledge Management solutions for the Real Time Enterprise, today announced the completion of the first phase of its development of a European distribution network. Eedo commenced operations in Europe in 2002 and has been very successful in securing clients, with solutions centered on Eedo’s Award-winning Forceten platform.
“We are truly delighted with the progress made to date by our European Operation, a testament to our strategy of providing our award winning technology, packaged together with high-quality localized services. While many players in our industry are cutting back or leaving the European marketplace, we see very strong growth ahead for Eedo”, said John Hudson, President and CEO of Eedo Knowledgeware.
In addition to numerous client wins, Eedo Europe has attracted and secured a number of strategic alliances with European Resellers and providers of complimentary services. Localized solution providers/resellers include Vivial Learning in France; Accessium (www.accessium.nl) , a Siemens/nl.tree founded Company in the Netherlands; and Spectrum, serving the Austrian marketplace. In addition, Eedo has engaged with Interactive Systems (IAS), a leading provider of simulation technology for the Life Sciences sector.
“We’re very pleased with what we’ve achieved from a revenue and services delivery perspective in the past year. During this time we have assembled a world-class technical team to support our growing European client base and alliance network,” said Rolf Hartmann, Managing Director of Eedo Europe; “we are on track to exceed our 2003 revenue and earning estimates with direct and partner-generated revenue streams”.
About Eedo Knowledgeware
Eedo (http://www.eedo.com/) is the world-leader in Browser-based e-Learning and Knowledge Management products for the Real Time Enterprise. Eedo products accelerate the flow of strategic knowledge across the enterprise and value chain, connecting employees, partners and customers with the organization’s knowledge base via e-learning, performance support, simulation, knowledge sharing and collaboration. Eedo products are utilized in a broad range of industries by clients such Dell, Matsushita, Sikorsky Aircraft and BCE. Eedo is privately held, with offices in the U.S.A, Canada, Germany and the United Kingdom.
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