AUSTIN, Texas and MISSISSAUGA, Ontario, Dec. 2, 2004 (PRIMEZONE) -- 360training, a leading pioneer in compliance and e-learning solutions for the real estate, finance, hospitality and safety industries, has announced the acquisition of L&K International Training (L&K), a global leader in technical skills training for the power industry.
Since its inception in 1971 as a consulting engineering practice, L&K has evolved to become one of the world's premier power industry training providers. L&K's 2,148 courses serve the generation, transmission, distribution and safety sectors of the power industry. Truly international in scope, L&K's Web-based, interactive CD-ROM, DVD, video-based, MPEG and VCD training courses are available in a number of languages and sold in over 100 countries around the globe. L&K also offers operator and executive classroom training programs at the L&K Learning Institute in Toronto, Canada.
"With this acquisition, we look forward to the capability to expand the breadth of e-learning programs to the technical, industrial and safety training markets worldwide by leveraging resources that augment our current operation," said Earl Robertson, President of L&K International Training.
The acquisition brings together a strong management team, leveraging industry experience and the track records of key leadership personnel. 360training will continue to operate its business units for the real estate industry, insurance and financial services and hospitality. However, as result of the acquisition, it will also utilize a newly formed fourth business unit, Technical Skills and Safety. Together the organizations enhance their solutions portfolios for e-learning content, video production, localization, instructor-led training and blended learning.
"We are pleased with today's announcement. This acquisition results in a new organization that will consistently exceed customer expectations by delivering innovative training solutions in a multitude of languages and mediums," said Ed Sattar, President and CEO of 360training. L&K will continue to operate under its current brand and main office located in Mississauga, Ontario Canada. A comprehensive Technical, Industrial and Safety Skills Training catalog is now available containing the full range of industry-related training programs, for more information visit, www.lk-intl.com.
About 360training
Headquartered in Austin, Texas, 360training is a leading provider of e-learning technology, content and services that help organizations successfully manage all aspects of their e-learning initiatives. The company's products and services are designed to streamline career education, certification and compliance requirements in a variety of industries and sectors, including real estate, insurance, financial services, hospitality and technical skills, industry and safety. With over 400 clients and 250,000 satisfied learners and growing, 360training's solutions are widely accepted by today's leading colleges, corporations, associations and training institutions. For more information, visit www.360training.com
About L&K International Training
L&K International Training provides over 2,100 courses for the generation, transmission, distribution and safety sectors of the power industry. Formed in 1971 as a consulting engineering practice, L&K International Training products are sold in over 100 countries and available in other languages and media formats. L&K has helped most of the world's best-known power and energy organizations maximize their efficiencies and enhance their training performance including PacifiCorp, Southern Company, Sierra Pacific, Tennessee Valley Authority, FirstEnergy Corporation, Florida Power & Light, Orion Power, Duke Energy, MidAmerican Energy, Entergy Corporation and Puget Sound Energy. For more information, visit www.lk-intl.com.