MCLEAN, Va., June 17, 2002 (PRIMEZONE) -- KnowledgeMax, Inc. (OTCBB:KWMX) today announced a major new strategic partnership with DynCorp of Reston, Va.
Through the DynCorp Company Learning Center (CLC), employees will be able to find and purchase materials for their professional use and personal development from an extensive database of books and knowledge products.
The CLC has the resources to help employees address the challenges of a fast-paced career and provides the educational tools and solutions that fit their schedule and foster growth and advancement. KnowledgeMax has partnered with DynCorp to bring its employees a next generation knowledge environment designed to deliver many types of knowledge resources.
The comprehensive solution to be offered by KnowledgeMax is designed to centralize and consolidate the locating and procurement of education and knowledge materials, allow organizations to accurately plan and track expenditures across the organization, and leverage the capabilities of technology-based educational and knowledge products.
"We are elated with our new partnership with DynCorp. It is a privilege to be counted upon by one of the nation's leading information technology and outsourcing solutions companies to help serve the educational needs of its employees," said Donna Lynn, COO of KnowledgeMax.
Bill Thomasson, Director of Learning for DynCorp, stated: "Whether they're looking for technical training and certification, leadership development, or credits toward an advanced degree, the CLC has the programs that fit the learning needs of DynCorp employees. We are pleased to extend the CLC to bring our employees top-of-the-line resources and online expertise from the world's industry leaders and strategic thinkers through KnowledgeMax."
About KnowledgeMax, Inc. (http://www.knowledgemax.com)
KnowledgeMax is based in McLean, Va., and trades on the OTC Bulletin Board as KWMX. The company provides large organizations with eBusiness systems for purchasing knowledge and learning products and services. KnowledgeMax has developed a unique customizable "Knowledge Resource Center" which is a one-stop system for providing employees of Fortune 1000 companies with books, online courses, training videos, audio, and other knowledge and learning resources. Complementary premium services allow for the management and delivery of client-developed content and "information on demand." Some of its customers include IBM (NYSE:IBM), Accenture (NYSE:ACN), the International Society for Performance Improvement (ISPI) and the National Association of Manufacturers (NAM). KnowledgeMax also owns a minority interest in Canadian-based Chalk Media Corp.
About DynCorp:
DynCorp is a $2 billion information technology and management & operations solutions company. Founded in 1946, the company has more than 23,000 employees working at 550 company and customer locations around the world. Headquartered in Reston, Va., DynCorp is among the largest employee-owned technology companies in the country.
Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995:
This document contains forward-looking statements that involve risks, uncertainties and assumptions. All statements other than statements of historical fact are statements that could be deemed forward-looking statements. For example, statements of expected synergies, growth and revenue opportunities, management and organizational structure are all forward-looking statements. Risks, uncertainties and assumptions include the possibility that the market for the sale of certain products and services may not develop as expected; that development of these products and services may not proceed as planned; that Sideware and KnowledgeMax are unable to transition or obtain customers, successfully execute their integration strategies, or achieve planned synergies; other risks that are described from time to time in Sideware's Securities and Exchange Commission reports (including but not limited to the annual report on Form 10-K for the year ended December 31, 2001, and subsequently filed reports). If any of these risks or uncertainties materializes or any of these assumptions prove incorrect, Sideware's results could differ materially from Sideware's expectations in these statements. For further discussion of important risk factors that may materially affect management's estimates, Sideware's or KnowledgeMax's results, and the forward-looking statements herein, please see the risk factors contained in Sideware's SEC filings.
Subject company: KnowledgeMax/Sideware Systems Inc. (Exchange Act File No. 000-29974) Contacts