|Rosetta Stone Introduces Next-Generation Enterprise Solution to Advance Workplace Globalization and Diversity|
ARLINGTON, Va., May 17, 2010 (BUSINESS WIRE) --Rosetta Stone Inc. (NYSE:RST), a leading provider of technology-based language-learning solutions, today announced the introduction of its next-generation enterprise solution, Rosetta Stone Enterprise TOTALe(TM). This new solution meets the needs of today's employees while offering companies and government agencies a scalable and highly effective language-learning platform to drive their bottom line, expand into new and emerging marketplaces, and strengthen corporate diversity initiatives.
Rosetta Stone Enterprise TOTALe builds upon the critically-acclaimed and award-winning Rosetta Stone solution, allowing employees to learn at their own pace without a bricks-and-mortar classroom environment. Employees can learn to speak, listen, read and write in the language of their choice, participate in practice sessions tutored by native speakers, interact with others and practice conversational skills in an online community.
The new solution helps organizations communicate better internally and externally by breaking down language barriers. "In today's global environment organizations are looking to increase their earning power, expand to new markets and gain a competitive edge. Effective language training through Rosetta Stone Enterprise TOTALe will empower organizations to achieve these goals," said Tom Adams, CEO of Rosetta Stone.
According to a study conducted by Bersin & Associates in 2010, more than half of employees (53 percent) think speaking an additional language is an important skill and nearly half (47 percent) view proficiency in an additional language as a key challenge in the workplace. Meanwhile, less than half of the companies in the U.S. (44 percent) provide any type of language-learning support for their workers1.
"It is critical for companies in the U.S. - across all industries - to provide employees access to language learning in today's competitive global economy," said Adams. "Our success, both as a country and as individual organizations, will rely heavily on our ability to communicate within and across our borders. Challenges around communication, global expansion and diversifying workforces are necessitating new demands for language learning - and with the help of Rosetta Stone Enterprise TOTALe, organizations can provide employees with conversational proficiency in the languages they need."
Current users of Rosetta Stone enterprise solutions are delighted and offered the following testimonials:
At the same time, early efficacy testing shows even better learner results. Indeed, Rosetta Stone recently commissioned a quantitative study by Rockman et al. - an independent evaluation, research, and consulting firm - measured the effectiveness of the new Rosetta Stone solution. After six hours of online sessions and 64.5 hours of work with the software, the majority of participants advanced 1-2 levels of proficiency in Spanish as demonstrated by the results of the American Council on the Teaching of Foreign Languages Oral Proficiency Interview (ACTFL OPI-C).
Organizations can experience Rosetta Stone Enterprise TOTALe firsthand by visiting the Rosetta Stone booth (#603) at the American Society for Training & Development (ASTD) conference in Chicago from May 17 - 19, 2010.
About Rosetta Stone
Rosetta Stone Inc. is changing the way the world learns languages. Rosetta Stone provides interactive solutions that are acclaimed for the power to unlock the natural language-learning ability in everyone. Available in more than 30 languages, Rosetta Stone language-learning solutions are used by schools, organizations and millions of individuals in over 150 countries throughout the world. The company was founded in 1992 on the core beliefs that learning a language should be natural and instinctive and that interactive technology can replicate and activate the immersion method powerfully for learners of any age. The company is based in Arlington, Va. For more information, visit RosettaStone.com.
"Rosetta Stone", "TOTALe" and "Rosetta Stone Enterprise TOTALe" are trademarks or registered trademarks of Rosetta Stone Ltd.
1Language Learning Custom Research, Bersin & Associates, 2010
SOURCE: Rosetta Stone Inc.
Rosetta Stone Inc.
|"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Rosetta Stone PR's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.|