New Horizons Recognized As One Of The Top 20 Companies In Training Outsourcing Industry
ANAHEIM, Calif., June 14, 2005 - New Horizons Computer Learning Centers, Inc. (Nasdaq: NEWHE), the world’s largest independent IT training provider, announced today that it has been named by TrainingOutsourcing.com as one of the “2005 – Top 20 Companies in the Training Outsourcing Industry.”
TrainingOutsourcing.com, a Web-based knowledge community dedicated to the training outsourcing industry, based its Top 20 list of Training Outsourcing Service Providers (OSPs) on 14 process and business capabilities. New Horizons was evaluated on criteria such as: diagnostics, strategic integration, content development, portfolio management, sourcing, technology integration, administration, training delivery, strategic reporting, financial stability, geographic reach, leadership talent, breadth of resources and commitment to the industry.
New Horizons’ more than 20 years of unrivaled expertise in delivering effective training to students in the classroom has made the transition to the Internet offering the industry’s most comprehensive blended learning solution. The company has recently reported record growth for its synchronous eLearning offering, Online LIVE Learning. With more than 100 subject areas available, New Horizons has trained more than 10,000 students worldwide and has delivered over 350 custom, private events to over 120 Fortune 500 companies.
“New Horizons is pleased to be recognized by TrainingOutsourcing.com as a leading provider of outsourced training programs,” said Tom Bresnan, president of New Horizons. “This validates our comprehensive approach to training with our Integrated Learning offering, combining classroom and eLearning products and services to create the most effective experience available in the industry.”
“The selection of New Horizons for the Top 20 list reveals the company’s commitment and excellence in offering a unique and innovative learning methodology,” said Dr. Jim Hanlin, Chief Operating Officer of TrainingOutsourcing.com. “The breadth and depth of its offerings coupled with its large global presence, enables the company to offer customer-focused training choices with a wide variety of tools and resources that reinforce the learning experience.”
According to a recent study by TrainingOutsourcing.com, total corporate training expenditures in the U.S. are predicted to exceed $119 Billion of which approximately $45 Billion will go to external training products and service providers.
“Although the industry remains very fragmented, this year's list of providers accounts for more than 80% of training BPO market revenues. More than $907 million of the $1.1 billion market is represented in this prestigious and competent class of companies”, said TrainingOutsourcing.com founder, Doug Harward.
TrainingOutsourcing.com focuses on bringing corporate executives and training suppliers together to facilitate mutually beneficial partnerships. The website receives thousands of hits annually and serves as a forum for collaboration to improve quality of service, facilitate business partnerships and provide job opportunities for training professionals.
About New Horizons
Anaheim, California-based New Horizons Computer Learning Centers was named the world's largest independent IT training company by IDC in 2004. New Horizons is a subsidiary of New Horizons Worldwide, Inc. (Nasdaq: NEWH). Through its Integrated Learning offering, New Horizons provides customer-focused computer training choices with a wide variety of tools and resources that reinforce the learning experience. With more than 250 centers in 50 countries, New Horizons sets the pace for innovative training programs that meet the changing needs of the industry. Featuring the largest sales force in the IT training industry, New Horizons has over 2,100 account executives, 2,400 instructors and 2,100 classrooms. For more information, visit www.newhorizons.com.
Mark Tucker, Director of Marketing Communications
Lages & Associates