Viyya Technologies Becomes Reseller of WISE Learning Solutions
March 15 2006 - 8:00AM
Business Wire
Viyya Technologies, Inc. (Pink Sheets:VYON), the developer and
marketer of the world's most advanced, web-based information
management application, announced today that it has entered into a
reseller agreement with WISE Learning Solutions, whereby Viyya will
market and sell WISE's full suite of e-learning products and
services. WISE Learning Solutions provides a scalable, web-based
training program that harnesses the power of the Internet and
multimedia technologies to educate employees and contractors on the
threats to their organizations. Such security awareness training is
required by regulatory compliance initiatives and mandated by such
laws as HIPAA, Gramm-Leech-Bliley, NERC, and the Sarbanes-Oxley
Act. One of the most flexible solutions in employee and contractor
training, the WISE e-learning program adheres to the ISO 17799
"best practices" security standard as well as the international
SCORM standard and has enjoyed individual corporate license sales
of more than 100,000 units to Fortune 100 companies and numerous
state and local government agencies in just the past year. "Viyya
Technologies views WISE's e-learning tools as a very complementary
product series that can be sold in tandem with our VIYYA(TM)
product," said John Bay, CEO of Viyya Technologies. "Viyya projects
considerable revenues for both VIYYA(TM) and WISE as a result of
this new relationship, and we look forward to quickly establishing
new sales opportunities, fueling our continued development as the
market leader in business intelligence and knowledge management."
According to IDC forecasts, the domestic e-learning market, which
accounted for sales of approximately $7 billion in 2004, will
experience exponential growth over the next several years,
accounting for as much as $28 billion in sales by 2008. In
addition, the global market for corporate e-learning is projected
to grow at a compounded annual rate of nearly 30 percent over the
next three years, also according to IDC research. Based upon
preliminary marketing to potential corporate and government agency
clients, Viyya management believes its marketing initiatives could
result in the sale of 150,000 to 200,000 new WISE licenses over the
next 12 months. About WISE Learning Solutions The WISE e-learning
series is designed to meet the security training needs of today's
public and private sector environments. It is a comprehensive,
e-learning program that encompasses information security awareness,
information security management, CISSP common body knowledge,
incident response, computer forensics, secure programming
practices, HIPAA training, physical security training. For
additional company or course information, please visit
http://www.wiselearningsolutions.com. About Viyya Technologies
Viyya Technologies is the developer and marketer of the world's
most advanced, web-based information management application. The
company's core technology manages disparate information from the
Internet, corporate intranets, databases, newsgroups, email, and
third-party feeds by enabling users to customize the way they
collect, process, distribute and store data. VIYYA(TM) gives users
the ability to retrieve filtered content from many sources,
determine the relevancy of the information, and have the
information processed into notifications, daily reminders,
newspapers, or archived for future use. For additional company
information, please visit http://www.viyya.com. Legal Notice:
"Forward-looking statements" as defined in the Private Securities
Litigation Reform Act of 1995 may be included in this release.
These statements relate to future events or financial performance;
are based on current expectations/projections about Viyya and its
industry; and may differ materially from actual future results or
events. Such words as "expects", "believes", and "anticipates" are
intended to identify these statements. Viyya disclaims any
intention or obligation to revise any forward-looking statements
whether as a result of new information, future developments or
otherwise.
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