Tata Interactive Systems’ TOPSIM business simulation courses help organizations take business performance to the next level
Sydney, Nova Scotia – July 24, 2007 – Nexient Learning Inc. (TSX: NXN), Canada’s largest corporate training company, today announced it has been named the exclusive Canadian distributor of Tata Interactive Systems’ TOPSIM® business simulation product line. With this agreement, Nexient will help companies improve their business results through multi-player simulations that provide employees with the realistic experience of business operations in a risk-free environment.
In today’s competitive business arena employees are required to perform at peak levels, yet they can no longer rely on formal mentors or apprenticeships to acquire the skills needed to succeed. TOPSIM simulation courses offer participants an opportunity to take on the role of decision-making leaders, managing companies in a competitive simulated market. Learners are required to plan, strategize, and make decisions in real-time, while taking into account the many variables that influence the operating environment and success of the company.
“Business simulations have shown that participants are able to learn and retain more, and can apply their newfound skills and knowledge quickly – helping organizations drive immediate and long-lasting business benefits,” said Manoj Kutty, President: Simulations, Tata Interactive Systems. “By partnering with Nexient – Canada’s skills development leader – organizations across the country can now take their management skills to the next level of performance.”
In use at more than 300 business schools and 150 corporations around the world, the TOPSIM product line is an international leader. Initially, Nexient will be introducing two specific simulations: the General Management Business Simulation, in which participants take on the roles of a new executive management team, and the Change Management simulation, in which participants take on the roles of change leader. Participants in both these simulations gain greater business acumen and an enhanced understanding of business processes. The courses facilitate a greater commitment to complex corporate initiatives and increased ability to effectively lead change, leading to improved financial results and ROI.
“The best way to learn something is by doing it. TOPSIM business simulations provide participants with the richness of real-life situations in a safe environment – producing the unparalleled, high-impact skill-development experiences corporations and governments are looking for,” said Colleen Moorehead, President and CEO of Nexient Learning Inc. “Our partnership with Tata will open up new doors for individual learners, but also for organizations looking to boost their training initiatives and improve their bottom line.”
About Tata Interactive Systems
Tata Interactive Systems (TIS), a global leader in e-learning, is a part of the US$46bn Tata Group. Truly international, TIS has a presence across the US, Canada, UK, Australia, New Zealand, the Middle East, Japan, India, and mainland Europe. TIS offers corporations, universities, schools, publishers, and government institutions a diversified and innovative bouquet of learning and training solutions including Simulation-based Learning Objects (SimBLs™), Story-based Learning Objects (StoBLs™), courseware and curriculum design, special-needs education, assessments, electronic performance support systems (EPSS), mobile learning, along with other corporate training and consultancy services. Our multi-disciplinary expertise and 17 years experience across domains helps us design e-learning programmes that are unique to clients’ requirements and specifically crafted to boost knowledge retention and application. More information is available on the company’s website at www.tatainteractive.com.
About Nexient Learning Inc.
Nexient Learning Inc. is the largest corporate training and consulting company in Canada. Nexient delivers the broadest choice of top calibre, industry-recognized curricula in information technology, business process improvement and leadership and business skills. Nexient’s learning services include learning management systems, curriculum development and strategic consulting. With 22 locations across Canada, Nexient offers innovative learning solutions in both classroom and online formats. Nexient is traded on the Toronto Stock Exchange as “NXN”. More information is available on the company’s website at www.nexientlearning.com.
Forward Looking Statements
This press release may contain forward-looking statements regarding, among other things, anticipated revenues, earnings and profitability for 2007 and beyond. Such statements involve known and unknown risks, uncertainties, and other factors outside management’s control that could cause actual results to differ materially from those expressed in the forward-looking statements. The statements are not a guarantee of future performance and readers are cautioned not to place undue reliance on forward-looking statements. The Company does not assume responsibility for the accuracy and completeness of the forward-looking statements.
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