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Xerceo Establishes Itself as the Premier eLearning Vendor
Industry experts introduce the definitive holistic eLearning environment

San Francisco, Calif. - January 17, 2006 - Xerceo, Inc., a leading provider of integratedeLearning, Portal and enterprise content management solutions, announced today that its co-founders, Tim Seager, Chief Executive Officer and President and Tim Potter, Chief TechnologyOfficer, are establishing Xerceo as the Learning Management System (LMS) provider of choice byemploying the LMS Paradigm to allow organizations to precisely map their eLearning initiatives totheir evolving business practices.

Xerceo Learn™ is the industry's most comprehensive and customizable LearningManagement System (LMS). Xerceo Learn can be installed in minutes and deployed within a day,rapidly integrating within an organization's intranet/portal and content management system. TheXerceo Learn solution combines to successfully bridge the gap between eLearning EnterpriseInformation Portals, Business Process Management and Enterprise Content Management.

"Many customers we've talked to have become disappointed with their existing LMS/LCMS; feature bloat, growing complexity to use and difficulty to align with business goals were themost cited issues," says Tim Seager, Chief Executive Officer for Xerceo. "Our CTO, Tim Pottersaw that the best way to combat this was to design a straight-forward LMS solution that was easyto use, retained all the required functionality and rapidly aligned to an enterprise's existing ITinfrastructure. Most companies already have a fully functioning portal/ intranet/ CMS and usermanagement system like LDAP; why not add to what is already there instead of trying to recreate itwith a separate LCMS?"

Tim Seager - Co-founder, Chief Executive Officer and President
Mr. Seager has over 12 years experience in enterprise software marketing, business developmentand management. Most notably, he was Vice President of Marketing for Clear Access Corporationthat was acquired by Sterling Software, later to become a division of Computer Associates (CA).Seager was also a technology consultant for such companies as, Oracle, Sybase, Arco, SouthernCalifornia Edison and Amgen. He also co-founded Watermark Venture Partners, a venture capitalfund with a focus on enterprise software companies. Earlier in his career, Mr. Seager worked incomputer database development and marketing for Innovations for Manufacturers, Inc, an ERP(Enterprise Resource Planning) solutions provider. Mr. Seager holds a bachelors degree inPhysics from the University of California at Berkeley.

Timothy J. Potter - Co-founder and Chief Technology Officer
Mr. Potter has over has over 7 years experience in developing and deploying large distributedsoftware systems. As a Senior Software Engineer and Managing Engineer for BEA Systems, Mr.Potter was an architect for WebLogic Integration/J2EE Connector Adapter Development Kit (ADK)2.1 and was co-architect for WebLogic Integration 2.1. He was also the technical lead fordeveloping the Enterprise Application Integration (EAI) features for WebLogic Integration 2.0 and isnow a member of JSR 208, the Java business integration (JBI) expert group as well as the ADL/SCORM expert group. Having focused on architecting adapters and XML integration with ERPsystems, Mr. Potter was also a senior technical consultant and led development projects utilizingJava, EJB's (Enterprise Java Beans), and XML for Deutsche Bank, Incyte Genomics as well asNew Era Networks. Mr. Potter holds a bachelors of Science degree, with honors in Mathematicsand Economics from the University of Colorado, Denver.

About Xerceo, Inc.
Founded in 2005, Xerceo Corporation is a pioneering vendor in advanced eLearning technologiesand products that allow organizations to rapidly integrate learning management (LMS) into existingintranet, Portal, enterprise content management (ECM) systems. Xerceo's previous offering,knowledgeWorks LMS is currently used to train over 200,000 end-users worldwide in markets suchas education, government, healthcare and high-tech manufacturing.

For more information, please call 415.240.4305, email info@xerceo.com or visit www.xerceo.com.

 
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