Latitude Communications (NASDAQ:LATD)
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PeopleSoft Adds iCreate Technology to Training Products
Agreement with Latitude Will Enable PeopleSoft's Customers to Accelerate
Creation, Management and Delivery of Flash-Based Learning Content
SANTA CLARA, Calif., Nov. 21 /PRNewswire-FirstCall/ -- Latitude Communications
has signed an original equipment manufacturing agreement with PeopleSoft, Inc. .
Pursuant to the agreement, PeopleSoft has embedded Latitude's MeetingPlace
iCreate(R) into selected training products marketed under PeopleSoft's brand.
Latitude is a leading provider of fully integrated web and voice conferencing,
and rich-media content publishing applications.
MeetingPlace iCreate enables educators and business communicators to create
rich-media content themselves for distance learning, corporate training and
sales demos. Users convert PowerPoint presentations into engaging, highly
accessible Flash content at a fraction of the cost and time needed for Flash
design. Text, graphics, animation, audio and interactive elements such as
quizzes are converted to Flash, compressing the file's size by up to 90 percent.
Through reducing the time and costs of creating content, customers often gain a
return on investment in days.
PeopleSoft has licensed both product versions of MeetingPlace iCreate, which
include an enterprise-licensed solution and desktop software. PeopleSoft will
use the enterprise solution to develop training products, including its popular
on-demand training series, "Cyber Seminars," and will resell the desktop
software under the PeopleSoft brand. The company will also provide customization
services supported by Latitude to enable PeopleSoft's customers to create
interactive surveys that converse with the company's learning management
system.
"Using MeetingPlace iCreate, we've accelerated training profits by maximizing
the cost-effectiveness of producing, packaging and selling e- learning content,"
said Jon Faulk, PeopleSoft's manager of learning technologies. Faulk, who leads
a team of designers who build education technology solutions, added, "We're
excited to move beyond using the product ourselves to offering it to our
customers so that they can enhance their training initiatives."
"We're delighted that PeopleSoft is utilizing MeetingPlace iCreate in its
learning technology offerings and marketing the solution with products under its
esteemed brand," said Rick McConnell, Latitude's chief executive officer.
"Through this partnership, PeopleSoft is extending its reach to rich-media
content publishing while Latitude is broadening its market for real-time
collaboration and on-demand presentation offerings."
About Latitude
Latitude Communications is a leading provider of fully integrated web and voice
conferencing applications that make remote meetings as natural and productive as
face-to-face meetings. Its flagship solution, MeetingPlace(R), is used by over a
third of the Fortune 50, including Agilent, Cap Gemini Ernst & Young and
Lockheed Martin. Unlike other conferencing options, MeetingPlace is deployed
directly on a company's private voice and data networks, regardless of whether
the system is hosted or in-house. Through this "on- network" deployment and
seamless integration with enterprise applications like Outlook, Notes and
corporate directories, MeetingPlace provides enterprises with unparalleled cost
savings, security and customer satisfaction. Visit http://www.latitude.com/ or
call 800-999-7400.
NOTE: MeetingPlace is a registered trademark of Latitude Communications, Inc.
DATASOURCE: Latitude Communications, Inc.
CONTACT: Meg North Taylor of Latitude Communications, Inc.,
+1-408-988-7251, or ; or Molly Holtman, +1-415-442-
4028, or
Web site: http://www.latitude.com/