VitesseLearning to Accelerate eLearning Projects Using Realization's Project Flow
Realization Technologies Helps VitesseLearning Run Projects Faster with Lower Costs

SILICON VALLEY - December 21, 2004 - Realization Technologies today announced that VitesseLearning (San Francisco) is now using its Project Flow system to manage eLearning projects for all its customers. VitesseLearning specializes in developing effective eLearning solutions for organizations in the Life Sciences and Financial Services industries.

"Key improvements within our first full month of implementation of Realization's Project Flow solution include reducing contractor costs by approximately 30 percent and increasing revenue generation by about 20 percent," reports Rick Brooks-Hill, COO VitesseLearning. "Looking forward, we anticipate that we will be able to drive tighter cycle times to further improve both metrics."

Brooks-Hill adds, "At any given time we have 35 to 40 projects in production and, therefore, task management amongst shared resources is critical. Previous solutions have never given us an adequate enterprise-wide view of when work will occur, while adequately managing for inevitable uncertainty."

"Reducing unpredictability in our workflow has increased the predictability of our business results," states VitesseLearning Senior Director, Production Randy Weiner. "Project Flow, almost overnight, has put our Production Management team in a position to deliver on our business goals in ways that we could have not done previously."

Weiner continues, "Our utilization has consistently been on target, as task managers ensure that the right work is being released to the right people at the right time. As a result, our workflow, despite the same unpredictability that our business has always faced, is far smoother than it has ever been."

"As with all customers, our goal is to help VistesseLearning produce 50 percent more projects 50 percent faster," states Realization Technologies Associate Director of Strategic Services Taher Khorakiwala. "They have already achieved considerable success with Project Flow in only their first month."

Based on the theory of constraints/critical chain, Realization's Project Flow system increases speed and efficiencies through tighter coordination and control in execution. It dynamically prioritizes resources during execution so that overall, the project keeps moving despite local delays.

About VistesseLearning
VitesseLearning has been developing effective eLearning solutions for more than five years, in which time it has completed more than 500 successful online programs for its customers. VitesseLearning solutions help companies accelerate the path to real-time knowledge for their employees and partners. Headquartered in San Francisco, with a regional office in New York City, VitesseLearning is privately held, profitable and experiencing significant growth.

About Realization Technologies, Inc.
Realization defies conventional wisdom, both business- and product-wise. It has grown without any VC money or marketing hype, by helping its customers achieve dramatic jumps in project speed and throughput. It ties its payments to achieving of pre-defined performance targets.

As an example of the results, the Switching Solutions Group of a major telecom company has reduced project duration by one-third for over 95 percent of their projects. Their internal productivity metrics indicate a 45 percent improvement, and on-time delivery has sustained at 90+ percent over three years. Project Flow is used by over 100 leading organizations throughout the world. Realization is headquartered at 2 North First Street, San Jose, Calif. 95113. Website is www.realization.com.

For more information, contact:

Tom Brigham
Brigham Scully
818-716-9021
tbrigham@brighamscully.com