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Stephen Gentile

617.489.4084
stephen@hawthornemedia.com

at X.HLP:
Stephen Walsh
Director, Communications
X.HLP, Inc.
1601 Trapelo Rd. Suite 286, Waltham, MA 02451
781.663.7516
781.890.4505 (fax)
stephen.walsh@xhlp-usa.com

 

X.HLP Completes a Record Quarter and Closes 1st Year in the U.S. with a Host of New Customer Agreements

New Clients include Colgate-Palmolive, FleetBoston Financial, Printronix and others...

ATLANTA, GA - February 18, 2002 - X.HLP Inc., an international software corporation that delivers an elearning platform to accelerate the adoption of business-critical software applications across the enterprise, today announced that their U.S. operation has recorded a record number of new contract agreements in the fourth calendar quarter of 2001 to close their first year of US operations.

"We are very bullish on the global elearning market," said Ron Larkin, President and CEO of X.HLP, Inc. "When we began our market introduction in 2001, we knew we were facing a tough economy; but our first year of operations in the U.S. has been exceptional. Our growing customer list includes such notable names as Colgate-Palmolive, FleetBoston Financial, Printronix and state and local government agencies in Texas and New York. In addition, our European organization has developed an equally impressive and growing customer roster including Shell, DnB, Czeck Telecom, Storebrand, and Danisco, one of the world's largest food ingredients manufacturers."

Larkin continues, "Alongside the organizations mentioned earlier, we are also installed in some of the most pre-eminent names in the Fortune 1,000; including: A leading global telecommunications provider, one of the world's biggest pharmaceutical companies, one of the largest insurance companies in the United States, and a world leader in management consulting."

"The beauty of the XHLP Adaptive Learning Platform is that is provides a consistent interface to all types of training content. Our customers like the idea of using one easy-to-use format for all their software application-based training. As a result of both the ease of implementation and the extremely short payback timeframes, we have been adopted by some of the largest corporations in world for the rollout of the training and performance support for their business-critical enterprise software."

About X.HLP

X.HLP is an international software corporation that focuses on enterprise software application training. Organizations use our software to create, deploy and manage interactive training and performance support for their employees and their customers.

Because our software is so easy to use and implement, our customers can begin to deliver on-line training in 48 hours or less, guaranteed, making our product ideal for those deadline-driven enterprise application rollouts. What's more, our product and implementation process generates a positive ROI tied directly to business results.

Established in 1996, X.HLP products are now used worldwide by organizations within the Financial, Telecommunications, Manufacturing and Consumer Products industries, and by both State and Local Government. Our worldwide clients include Colgate-Palmolive, FleetBoston Financial, Shell, the State of Texas and the City of New York.

X.HLP simplifies the production, deployment and management of effective learning content that accelerates the adoption of business-critical software applications across the enterprise. Fully customizable, X.HLP solutions can be seamlessly integrated into organizations' existing e-learning infrastructure such as industry standards compliant Learning Management Systems or Learning Content Management Systems. For more information visit our website at www.xhlp.com or call 1-877-XHLP-ALP

This release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include competitive pressures, changes in customer demands or industry standards, adverse economic conditions, loss of key personnel, litigation and other matters. This forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this release.

 

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