OutStart Named to the Eduventures 100

OutStart, provider of the only proven, contentcentric
integrated product family for learning, announced today that Boston-based
Eduventures, the leading research and advisory firm focused on the pre-K-12,
postsecondary and corporate learning markets, has named OutStart to the Eduventures
100 list of “Leading Businesses Transforming the Education Economy.”
The Eduventures 100 report lauds OutStart’s ability to execute and grow during turbulent
economic times that have taken a toll on many of its peers in the learning software
market. The report says, “The Company achieved organic growth in 2002 by landing
Fortune 500 clients and securing million dollar contracts.” Referring to the additional $11
million in funding that OutStart raised in 2002, the report states, “The funding indicates
investor confidence not only in the market, but also in the potential of OutStart to claim a
leadership position.” It continues saying, “OutStart has outperformed many of its peers
over the last 18 months.”
The Eduventures 100 honors organizations that are shaping the learning market,
demonstrating strong execution, and introducing innovative solutions to their customers.
These companies have demonstrated market leadership in 2002 and are expected to
continue to drive success in the education industry throughout 2003. In 2002 OutStart
expanded its product family, captured tremendous market share, and helped customers
provide accessible learning for anyone, anywhere, anytime it is needed to improve
performance.
“We are honored to be recognized as a leader in the Eduventures 100,” said OutStart
CEO Massood Zarrabian. “We measure our success by the improved performance our
learning product family brings our customers and are proud that Eduventures has
recognized this impact. We are also particularly pleased to be one of the list’s only
software companies focused on the creation, management and personalized delivery of
learning content,” he said.
About Eduventures
Eduventures, Inc. helps education businesses, technology companies, services firms, and
educational institutions execute more effectively in increasingly competitive and rapidly
changing business environments to realize growth opportunities. Founded in 1993,
Eduventures is privately held and headquartered in Boston, Massachusetts. Visit
http://www.eduventures.com for more information.
About OutStart
OutStart provides a proven, content-centric product family for corporations seeking to
increase individual and organizational performance to create a sustainable competitive
advantage. Our content-centric approach enables an organization to transform its unique
business knowledge into practical learning assets, deliver those learning assets to the
right person, the right way, at the right time, and capitalize on those assets throughout the
extended enterprise to drive sustainable competitive advantage.
Approximately 5,000 customers, including 35% of the Fortune 500, use OutStart’s
learning software to realize improvements in sales force and services productivity, call
center efficiencies, customer and partner education and technology adoption. Founded in
1999, OutStart is headquartered in Boston, Mass. and has offices in Atlanta, Chicago,
Dublin, Lake Mary, Fla., London, Los Angeles, New York City, Raleigh, and
Washington, D.C. For more information, visit www.outstart.com.