Yum! Brands and Kendall-Jackson Wine Estates partner with Rosetta
Stone to develop multilingual employees
ARLINGTON, Va.--(BUSINESS WIRE)--Aug. 2, 2012--
Rosetta Stone Inc. (NYSE: RST), one of the world’s best-known
language-learning brands, has announced partnerships with two global
food and beverage companies to teach thousands of employees to speak new
Yum! Brands, Inc. and Kendall-Jackson Wine Estates are providing their
employees with interactive language solutions from Rosetta Stone as they
seek to develop associates who can communicate better with customers and
business partners around the world. As part of the new corporate
programs, thousands of employees in hundreds of locations will be given
an opportunity to learn a new language using the powerful online
solution from Rosetta Stone.
Rosetta Stone sees a trend in its growing institutional business, which
now delivers online language training solutions to thousands of schools,
corporations, and government agencies in the US, Europe, Latin America,
“Corporations that hope to be competitive in today’s global economy are
starting to recognize that it’s crucial to have a multilingual
workforce,” says Judy Verses, President, Global Institutions for Rosetta
Stone. “We’re delighted that two of the world’s leading food and
beverage brands are investing in their employees by incorporating
Rosetta Stone into their training and benefits programs. I believe
they’ll see a significant pay-off.”
The interactive online language-learning solutions Rosetta Stone
delivers can be tailored to the specific structure and needs of any
organization. The products are designed with a high degree of
flexibility and scalability so that organizations can deliver language
training for a few people in one department or thousands of employees
across many global divisions.
“Rosetta Stone is extremely adaptable and accessible, and that’s helpful
for a company like ours,” says Rob Lauber, Vice President of Yum!
University, the Global Learning and Development Center for Yum! Brands.
“As a global company, our partnership with Rosetta Stone provides our
employees access to language learning that is intuitive and easy to use.
With Rosetta Stone we’re able to support the global mindset of our
employees and encourage personal development at every level of our
Rick Tigner, President of Kendall-Jackson Wine Estates, is enthusiastic
about the partnership with Rosetta Stone, and believes it will help
Kendall-Jackson further develop and attract talent. “Our business is
truly global and we celebrate diversity across our workforce,” he says.
“We have employees, managers, leaders and customers around the world,
and we need to be able to communicate effectively with them all. Rosetta
Stone is helping our employees break through language challenges and do
business faster and more effectively.”
The scalable online solutions delivered by Rosetta Stone and leveraged
by schools, corporations and government agencies also include
administrative tools and proactive support services so that programs
serving many employees can be effectively managed by a single individual
within a company.
“In a global economy—and a tough one, at that—businesses face real
challenges when it comes to attracting and retaining strong talent,”
added Rosetta Stone’s Judy Verses. “By providing their employees with
our language-learning solutions, companies like Yum! and Kendall-Jackson
are sending a signal that they care about employee development and are
committed to equipping their people with the tools they need not only to
compete, but to succeed, in the international marketplace.”
About Rosetta Stone Inc.
Rosetta Stone Inc. provides cutting-edge interactive technology that is
changing the way the world learns languages. The company’s proprietary
learning techniques—acclaimed for their power to unlock the natural
language-learning ability in everyone—are used by schools, businesses,
government organizations and millions of individuals around the world.
Rosetta Stone offers courses in 30 languages, from the most commonly
spoken (like English, Spanish and Mandarin) to the less prominent
(including Swahili, Swedish and Tagalog). The company was founded in
1992 on the core beliefs that learning to speak a language should be a
natural and instinctive process, and that interactive technology can
activate the language immersion method powerfully for learners of any
age. Rosetta Stone is based in Arlington, VA., and has offices in
Harrisonburg, VA, Boulder, CO, Tokyo, Seoul, London, and Sao Paulo.
For more information, visit RosettaStone.com
About Yum! Brands, Inc.
Yum! Brands, Inc., based in Louisville, Kentucky, is the world’s largest
restaurant company in terms of system restaurants with more than 37,000
restaurants in more than 120 countries and territories. Yum! is ranked
#213 on the Fortune 500 List and generated revenues of more than $12
billion in 2011. The Company’s restaurant brands - KFC, Pizza Hut and
Taco Bell - are the global leaders of the chicken, pizza and
Mexican-style food categories. Outside the United States, the Yum!
Brands system opened approximately four new restaurants each day of the
year, making it a leader in international retail development. The
company has consistently been recognized for its reward and recognition
culture, diversity leadership, community giving, and consistent
About Kendall-Jackson Wine Estates
Kendall-Jackson is one of America’s most beloved family-owned and
operated wineries. Founded by entrepreneur and visionary Jess Jackson
and now led by his wife Barbara Banke and their children,
Kendall-Jackson is based in Sonoma County and offers a range of
acclaimed wines sourced primarily from the family’s estate vineyards
along the coastal ridges of California. A leader in sustainable vineyard
and winery practices including solar cogeneration, water conservation,
and natural pest control, 100% of Kendall-Jackson’s vineyards in
California are SIP Certified (Sustainability in Practice). Earlier this
year, Kendall-Jackson was the first wine company to be featured on CBS
Television’s hit series “Undercover Boss,” showcasing the winery’s
employees, vineyards and passion, from the grape to the bottle. Learn
more online at www.kj.com,
and follow KJ on Facebook (kjwines). Please direct media inquiries about
Kendall-Jackson Wine Estates to: Jason J. Hunke, Vice President,
Source: Rosetta Stone Inc.
Rosetta Stone Inc.
Director, Global Communications
Steve Somers, CFA
Vice President, Investor