DTHK Digitalthink, (MM)

DigitalThink and BearingPoint Align to Provide Retail Industry With New Enterprise Learning Solution Joint Solution Designed to Help Retailers Increase Profitability NEW YORK, NRF Annual Convention & Expo, Jan. 12 /PRNewswire-FirstCall/ -- DigitalThink, Inc. , the leader in custom e-learning for Fortune 1000 companies and BearingPoint, Inc. , one of the world's largest business consulting, systems integration and managed services firms, today announced a jointly developed solution exclusively for retailers. This offering is a comprehensive enterprise learning solution that brings together DigitalThink's expertise in custom e-learning and delivery and BearingPoint's extensive blended learning consulting and systems integration experience; as well as their established enterprise productivity capability in the retail industry. This full-service solution is designed to help retailers leverage the power of enterprise learning to improve key business metrics; such as, reducing workforce costs, increasing sales per associate, and enhancing the quality of customers' in-store experiences. It offers high-quality, retail-centric online courseware and expert advice on blended learning solution design and systems integration. Plus, it provides the potential for lower implementation time and cost, flexible fee and licensing models and a commensurate higher return on investment than an in-house approach. "As store employees are expected to be more productive with fewer resources, more retailers are looking to e-learning to automate processes and enhance business performance," said Manny Ramirez, Managing Director, BearingPoint's Retail/Wholesale practice. "This offering allows retailers to empower their employees with the training needed using multiple communication avenues to ensure consistent customer service." "This joint offering benefits retail customers by simplifying their search for the most comprehensive and effective e-learning solution -- one that is designed to fully optimize the human capital of their retail stores," said Dan Wiley, Vice President of Strategic Sales for DigitalThink. "In concert with BearingPoint, this solution will help retailers optimize the effectiveness of their employees in a manner that reduces the risks of business transformation, increases top line revenue, and reduces costs." The joint offering is a comprehensive blended learning solution consisting of: -- Off-the-shelf, basic skills courseware for associates and managers focused on sales, customer service and store operations skills. -- In-depth custom courseware development services that incorporates the retailer's proprietary messaging, methods, processes and procedures. -- Electronic briefing capability, which can rapidly deploy corporate communications with incorporated tracking and assessments. -- Dashboard metrics to allow management to measure at-a-glance employee competency, skills, product knowledge and compliance. -- On-demand learning delivery infrastructure for instant access to all online learning assets -- Learning simulation and performance support solutions that provide compelling learning and high-value reinforcement for on-the-job knowledge access. "In today's global marketplace, with its unlimited selection of products and sales mediums, retailers are realizing the importance of leveraging e-learning to help them stay nimble and profitable," said Todd Clyde, Vice President of Products for DigitalThink. "Our joint solution with BearingPoint offers superior e-learning solutions and services to help them maintain a competitive edge." About BearingPoint, Inc. BearingPoint, Inc. is one of the world's largest business consulting, systems integration and managed services firms serving Global 2000 companies, medium-sized businesses, government agencies and other organizations. We provide business and technology strategy, systems design, architecture, applications implementation, network infrastructure, systems integration and managed services. Our service offerings are designed to help our clients generate revenue, reduce costs and access the information necessary to operate their business on a timely basis. Based in McLean, Va., BearingPoint has been named by Fortune as one of America's Most Admired Companies in the computer and data services sector. For more information, visit the Company's website at http://www.bearingpoint.com/. About DigitalThink DigitalThink is the leader in custom e-learning for Fortune 1000 companies. DigitalThink provides the right combination of courseware development, do-it-yourself capabilities, learning delivery, and industry-specific expertise. DigitalThink's customers include ADP Dealer Services, BearingPoint, Circuit City, EDS, Kinko's, Mazda, and Red Hat. When learning matters, the proven choice is DigitalThink. http://www.digitalthink.com/ About The Joint Learning Solution DigitalThink and BearingPoint offer retailers a combined set of products, services and expertise never before assembled: superior custom e-learning design and delivery from DigitalThink, that improves store performance by advancing the skills of customer-facing associates and managers, and BearingPoint's depth of enterprise experience in systems integration, consulting and services expertise within the retail industry. Except for the historical information contained herein, this press release contains forward-looking statements that involve risk or uncertainties. Future operating results of DigitalThink may differ from the results discussed or forecasted in the forward-looking statements due to factors that include, but are not limited to, risks associated with customer relations, such as the availability of DigitalThink's products and services, customer implementation of products and services, relationships with customers, third-party vendors and systems integrators, concentration of revenues in a relatively small number of customers, existence of errors or defects in products, ability to successfully manage growth, significant current and expected additional competition, hiring and retaining key employees in India and the U.S., and the need to continue to expand product distribution and services offerings. Further information on potential factors that could affect the financial results of DigitalThink are included in DigitalThink's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and its other filings with the Securities and Exchange Commission, which are available at http://www.sec.gov/. DigitalThink assumes no obligation to update the information in this press release. DATASOURCE: DigitalThink, Inc. CONTACT: Katy Rogers of DigitalThink, +1-415-625-4075, or ; or Lizette Kodama of BearingPoint, Inc., +1-212-954-2461, or Web site: http://www.bearingpoint.com/ Web site: http://www.digitalthink.com/

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