METG META Group (MM)

Plateau Achieves Leader Status in 2004 METAspectrum Learning Management System Platforms Evaluation Leading Analyst Firm META Group Ranks Plateau a Leader for Second Year in a Row ARLINGTON, Va., March 25 /PRNewswire/ -- Plateau Systems, a provider of enterprise software that manages learning and knowledge readiness, today announced that it has been ranked as a market leader in META Group's recently released METAspectrum(SM) for Learning Management System (LMS) platforms. META Group is a leading research and consulting firm that focuses on information technology and business transformation strategies. The new METAspectrum evaluation provides an objective assessment of companies providing LMS products that enable the registration, delivery, tracking, hosting and administration of learning events for large organizations. Plateau was positioned in the leadership segment of the METAspectrum analysis for the second year in a row. "We are pleased by our leadership ranking in the METAspectrum report," said Paul Sparta, Plateau's CEO and Chairman. "Plateau had a very strong year in 2003, achieving profitability and growing its top-line revenues by more than 75 percent, while implementing some of the largest e-Learning initiatives in existence. Weintend to build on this success in 2004." Plateau is known for its focus on leading-edge technology, customer satisfaction and business execution. Plateau 4 Learning Management System (LMS) is the only enterprise-class LMS built entirely on open, J2EE/EJB architecture. In the last two years, Plateau has implemented the largest LMS initiatives in the corporate, government and nonprofit sectors. The company recorded a net profit of several million dollars in 2003, and now has more than 8 million students in its global user base. According to the META Group report, an enterprise LMS has become an essential platform for large enterprises as they manage their human capital. "Robust LMS capabilities are essential for Global 2000 organizations making continuous learning part of their strategies for developing and leveraging talent," the report stated. About METAspectrum: METAspectrum(SM) evaluations from META Group (NASDAQ:METG) provide IT professionals with a view into critical market success factors and vendor positioning. METAspectrum delivers comprehensive evaluations of both technology markets and vendor product offerings. There are multiple market evaluations planned for release in 2003 and beyond. METAspectrum evaluations are updated quarterly, biannually, or annually, depending on the characteristics of individual markets. To view completed market evaluations, or learn more about the METAspectrum methodology, visit http://www.metagroup.com/metaspectrum. METAspectrumsm market evaluations and results are the sole property of META Group, Inc. and are Copyright (C) 2004 META Group, Inc. All rights reserved. Permission to use the results requires prior written approval from META Group, and should not be deemed an endorsement of any company or product. About Plateau: Plateau is the leading provider of enterprise software that manages learning and organizational readiness. Plateau 4 Learning Management System (LMS) is built on Web-based J2EE/EJB architecture, and is the engine behind the largest LMS initiatives in the corporate, non-profit and government markets. Plateau's software is being used to manage learning and improve human performance at organizations including the American Red Cross, Morgan Stanley, General Electric, the Internal Revenue Service and the U.S. Air Force. Plateau is listed as a leader in LMS evaluations from Gartner Inc. and META Group. The company is headquartered in Arlington, VA. For more information, please visit http://www.plateau.com/. DATASOURCE: Plateau Systems CONTACT: David Pedreira of Plateau Systems, +1-703-292-0213, or Web site: http://www.metagroup.com/metaspectrum http://www.plateau.com/

Copyright