Intuition and HorizonLive.com Form Strategic Alliance to Add Live Learning to E-learning Products

Press Contact:   
DenisCody, Intuition
dcody@intuitionweb.com
+353-1-605-4338 (tel)

Robert Rothschild, HorizonLive.com
Robert@horizonlive.com
+212-533-1775

Intuition and HorizonLive.com Form Strategic Alliance to Add Live Learning to E-learning Products

New York - March 1, 2000 - Intuition,(www.intuitionweb.com), the specialist in e-learning solutions for financial markets, today announced an agreement with HorizonLive.com to integrate live learning into Intuitions products.

Students using the new product, called IntuitionLive, will be able to participate in live or archived virtual classroom sessions using an audio equipped computer with access to the Internet.

This alliance is part of Intuitions strategy to substitute traditional learning methods such as the classroom with e-learning," announced David Harrison, Chief Executive Officer. Put simply, this approach to learning offers the user a more interactive, learner-centered and collaborative environment. We expect that IntuitionLive will enrich the online learners experience and fit perfectly into OCCE, Intuition's unique learning methodology," continued Harrison.

The new service will allow companies and individuals using Intuitions distance learning products to join in a class with a live tutor. For example, students on Intuitions online campus web site at www.intuitiononline.com will be able to prepare for their exams by interacting once a week with subject matter experts provided by Intuition.

"By adding live interactivity to their course offerings, Intuition is setting a new standard for web-based training publishers," said Bob Clyatt, Chief Executive Officer, HorizonLive.com. "By offering instructor-led, interactive learning on the web, Intuition brings web-based learning to a new level of personalization and effectiveness. We are pleased to be part of this important new service for Intuition's clients", Clyatt added.

How IntuitionLive Will Work

HorizonLive.coms intuitive design blends the best of classroom and computer-based training in an easy-to-use classroom atmosphere - liveover the Internet. Running entirely within a standard Web browser over a standard Internet connection, the HorizonLive system allows organizations to train students and staff, as well as to hold meetings on-demand around the globe in a cost-effective and timely manner. An instructor or host leading a classroom discussion can speak naturally to participants by using live audio and video, while displaying content materials on each participant's computer screen.

HorizonLive.com incorporates RealNetwork's streaming audio and video as well as a proprietary Firewall Friendly messaging system which enables organizations to deliver classes through most corporate firewalls using their existing intranet.

IntuitionLive will be hosting live class demonstrations at its web site shortly. Meanwhile, live class demonstrations are offered at the HorizonLive Web site at www.horizonlive.com every Monday, Wednesday and Friday, or by request.

For sales information about IntuitionLive, contact Gemma OConnell, VP, Intuition North
America on 212-838-7115.

About Intuition

With its corporate headquarters in Dublin and offices in London, New York, Hong Kong and Frankfurt, Intuition is a world leader in e-learning solutions for the banking and financial industries worldwide.

Intuitions products can be found on 350,000 desktops in over 50 countries worldwide, making it easily the largest e-learning player in financial markets. 150 banks and financial services clients use the Internet and intranet delivered products, including Bridge, Credit Lyonnais, Chase Manhattan Bank, KPMG and NatWest.

Intuitions product portfolio includes Intuition Web, Web Tutor for Series 7 and Life of a Trade-Connect USA. The products are a winning combination of open platform technology, high quality content and innovative instructional and graphic design.

Founded in 1985, Intuition is a privately owned company, known formerly as Financial Courseware until the change of name to Intuition in 1998. For more information, visit the corporate web site at
http://www.intuitionweb.com and the campus site at http://www.intuitiononline.com.

About HorizonLive.com

Based in New York City's Silicon Alley, HorizonLive.com (www.HorizonLive.com) is a leading provider of interactive web-based communications solutions. Since its formation in 1997, the Company has been rapidly gaining momentum, growing its customer base to include leading companies and organizations such as Lucent, 3Com, NASA, Ernst & Young, MetLife, Accordant Health Services, NYC Transit, and Siemens. The Company has also established strategic partnerships with leading companies including Blackboard Inc. and RealNetworks, Inc., to help develop and distribute its solutions.

Utilizing the existing Internet infrastructure, the Company's Java-based HorizonLive product allows businesses to effectively conduct interactive meetings, training sessions, and presentations over the web, thereby eliminating the barriers and expenses related to physical location. HorizonLive.com's customers are able to realize cost reduction from travel, increased productivity over conventional voice-only conference calls, and improved customer care from providing live customer service, marketing, and training. HorizonLive.com offers its products through both a hosted service (ASP) or via servers.