|Rosetta Stone Expands Enterprise Language Learning Solution With Addition of Cultural Awareness Training|
(Thomson Reuters ONE via COMTEX) --Rosetta Stone Expands Enterprise Language Learning Solution With
Addition of Cultural Awareness Training
New "Global Collaboration Solution" Designed to Increase Communications Effectiveness of International Businesses
ARLINGTON, VA. - June 17, 2013- Rosetta Stone (NYSE: RST) today announced an important new addition to its Enterprise solution: Global Collaboration Solution(TM), a web-based tool to help companies conduct business and communicate more effectively around the world through improved cultural awareness.
The Global Collaboration Solution combines Rosetta Stone's interactive language-learning technology, TOTALe® PRO, with business-culture training powered by Aperian Global's GlobeSmart® --which features content from 70 different countries. By bundling the products, Rosetta Stone seeks to enable its Enterprise customers to develop well-rounded employees with the skills to communicate more effectively with global partners through language, cultural awareness, and business insight-all by way of conveniently self-paced, web-based tools.
"As Rosetta Stone shifts deeper into language and beyond, we're excited to take this step with our Enterprise business in supporting our customers' global mobility," said Judy Verses, President, Global Enterprise and Education. "Engaging our customers more deeply in the culture and customs of the places where they do business is vital to diminishing the challenges they face in relating to their international customers and business counterparts."
As reported in Language Means Business, a new whitepaper published by Rosetta Stone, the American Society of Training and Development found that public companies that invest in employee education outperform the overall stock market by more than 45 percent. With nearly 30 percent of the U.S. economy engaged in international trade, effective employee training for communication with customers, employees, partners, suppliers, and other stakeholders has become essential to global business success.
Over the past several years, Rosetta Stone has strategically broadened its suite of Enterprise product offerings to encompass online, mobile and social features that enable learning anywhere, anytime. The company has identified mobility and interactivity as important trends in its growing corporate business, which now delivers cloud-based language-learning solutions to thousands of companies and public sector organizations throughout the US, Europe, Latin America, and Asia.
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, Austin, TX, San Francisco, CA, Seattle, WA, Tokyo, Seoul, London, Dubai and Sao Paulo.
"Rosetta Stone" is a registered trademark or trademark of Rosetta Stone Ltd. in the United States and other countries.
About Aperian Global
Aperian Global provides consulting, training, and web tools for global talent development. Aperian Global's flagship product, GlobeSmart®, is a tool that has had over 400,000 registered users in 125 organizations worldwide and provides ready access to detailed information on how to conduct business effectively with people from around the world. Founded in 1990, the company has partnered with clients in more than 85 countries and has worked with more one-third of the Global Fortune 100, delivering over 2,000 workshops in 25 languages in the last year. The company has offices in Bangalore, Boston, Kolding, Paris, San Francisco, Shanghai, Singapore, and Tokyo. For more information, visit www.aperianglobal.com.
Source: Rosetta Stone Inc.
Steve Somers, CFA
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Source: Rosetta Stone via Thomson Reuters ONE
|"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.|