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Online Webcasting Making Stretched Training Budgets Work Harder Yahoo! Australia & NZ has launched a new solution for human resource managers that will save companies 50 to 70 percent of time and money by substituting traditional instructor-led training with tailored on-line training programs. SYDNEY, October 16, 2001 Yahoo! Australia & NZ has launched a new solution for human resource managers that will save companies 50 to 70 percent of time and money* by substituting traditional instructor-led training with tailored on-line training programs. In addition, online training opens up a whole world of flexibility and innovation for training managers and educators. (*Training Magazine) Yahoo! Broadcast Services has developed the new offering, Yahoo! Training Management Studio, based on past successes in delivering online corporate training solutions for sales departments, new hire training and new product introductions. The new Training Management Studio allows organisations to deploy a training solution using audio and video to engage employees and increase their comprehension through participation via the studio's interactive online format. "Companies are operating within increasingly competitive environments under increasing time and budget constraints," said Stephanie Snyder, Operations Manager, Yahoo! Australia & NZ Broadcast. "So speed and quality of communication to employees is essential." "Yahoo! Training Management Studio provides staff with the flexibility to access crucial workplace training at any time. It provides a solution for extending the effectiveness of a company's HR, reducing the time required to train employees and ensuring that all participants are receiving consistent, quality knowledge. "Online training decreases the need for repeated face-to-face training sessions which is especially good news for HR managers responsible for multiple office locations. By cutting the need for flights, hotel accommodation and extensive travel time, the Yahoo! Training Management Studio is incredibly cost and time efficient and can be tailored to any training or user need," Stephanie Snyder added. Yahoo! Training Management Solutions can also arm a company's sales force with up-to-the minute product and service training and has the flexibility to be re-accessed for reference on demand. It allows trainers to create their courses, log user identity, user access periods, and verify each users comprehension of program content - ensuring training programs effectively reach each participant. "The power of online training is that it enables users to learn at their own pace which is a significant contributor to the fact that e-learning has been proven to increase comprehension and retention by 25 to 60 percent.* (*Hambrecht & Co.) Overseas, Yahoo! Training Management Studio has already delivered thousands of online courses for internal and external audiences of Global 2000 corporations, and Yahoo! Australia & NZ is proud to now make this successful solution available in Australia," Stephanie Snyder added. The initial rollout of Yahoo! Training Management Studio includes several key solutions that Yahoo! Broadcast Services has identified as most needed by businesses: Sales Training Centre · Train sales force and channel partners on products, programs and business initiatives · Share best practices and critical sales information from subject matter experts · Central location for new product launches New Hire Training Centre · Communicate business objectives, product basics and corporate/HR policies · Provide a 'personal' welcome message from senior executives without disrupting their schedule · Reduce the new hire learning curve turning new hires into productive employees Customer Education Program · Teach customers the best use of products or services · Create more loyal customers through mastery of a business's products or services Yahoo! Training Management Studio and all related training solutions are available immediately. "Delivering online learning solutions is clearly a growth area for the Internet Broadcasting sector," said Steve Vonder Haar, Director of Media and Entertainment Strategies for The Yankee Group. "Yahoo! Broadcast Services is one of the leaders in the streaming media industry well positioned to provide substantial return on investment and transform the learning experience in progressive Global 2000 corporations." Online Example Available Now Yahoo! Broadcast Services is supporting the launch of Training Management Studio through an online seminar that features industry analysts and training experts discussing the uses and value of Internet broadcasting as a corporate training solution. The seminar originally aired on Wednesday, September 26, 2001 and is now available free online at http://business.broadcast.com/trainingseminar About Yahoo! Broadcast Services Yahoo! Broadcast Services is an industry leader in helping organisations more effectively and efficiently engage, communicate and transact with audiences via audio and video Internet broadcasting. The Australian division has been operating for two years. Globally, Yahoo! Broadcast Services conducts thousands of corporate events each year to assist business communications through internal/external product launches, company meetings, on-line training/distance learning and on-line marketing programs. Australian clients have included Austereo, KPMG, Deutsche Bank, MLC, 20th Century Fox (Moulin Rouge) and Rhythm FM. * ends * About Yahoo! Australia & NZ Yahoo! Australia & NZ is one of the most recognised Internet brands in the region. www.yahoo.com.au and the online auction site SOLD.com.au are part of the global network of Yahoo! sites. By working with leading local companies, Yahoo! Australia & NZ provides comprehensive and localised media, commerce and communication services to over four million Australians and New Zealanders each month. For marketers, government and businesses, the company offers intelligent, innovative and integrated marketing, selling and Internet broadcast solutions for maximum impact. Yahoo! Australia & NZ has offices in Sydney and Melbourne and can be found on the Web at www.yahoo.com.au and www.yahoo.co.nz About Yahoo! Inc Yahoo! Inc. is a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 210 million individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach. Yahoo! is the No. 1 Internet brand globally and reaches the largest audience worldwide. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!’s clients. These services include Corporate Yahoo!, a popular customised enterprise portal solution; audio and video streaming; store hosting and management; and Web site tools and services. The company’s global Web network includes 24 World properties. Headquartered in Sunnyvale, Calif., Yahoo! has offices in Europe, Asia, Latin America, Australia, Canada and the United States. ### Yahoo!, Yahoo! Australia & NZ, and the Yahoo! logo are trademarks of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners. For further information, photos or interviews, please contact: Anna Featherstone Yahoo! Australia & NZ Tel: 02 8925 0100 or email: pr@au.yahoo-inc.com Copyright © 1994-2001 Yahoo! Inc. All Rights Reserved.