Agreement in Principle to Acquire Flypaper Studio, Inc.

Agreement in Principle to Acquire
Flypaper Studio, Inc.

Brings Leaders in eLearning and Digital Signage Markets Together

Cincinnati, OH (PRWEB) May 11, 2011 — Charles J. Beech, CEO and Chairman of the Board of Directors of Trivantis, the company behind the successful Lectora eLearning brand, today announced the Company’s agreement in principle to acquire its partner Flypaper Studio, Inc., providers of the leading Flash content creation and digital signage platform. The announcement was made during the welcoming remarks at Trivantis’ 2011 Lectora User Conference. The transaction combines Trivantis’ deep expertise and relationships in the eLearning industry and the new markets offered in Flash and Digital Signage markets served by the Flypaper platform.

Beech will continue as Chairman and CEO and Don Pierson will remain as President of Flypaper Studio and will be appointed Executive Vice President and member of the Board of Directors of Trivantis Corporation.

This is a great opportunity for Trivantis and Flypaper Studio to explore new markets, not only in the eLearning business, but also in the rapidly expanding digital signage market,” said Beech. “We’re also looking forward to tapping into Flypaper’s impressive expertise, and I am particularly pleased to be working closely with Don, who is an innovator and industry thought-leader.

Our partnership with Trivantis has been a great success, so this combination seemed like a natural evolution of our relationship,” said Pierson, President and Founder of Flypaper Studio. “As a result, Flypaper Studio will make the most of Trivantis’ impressive sales and marketing resources. While the Lectora brand is well known in the eLearning space, the Flypaper brand is equally known in the digital signage space. We are excited for themarriage between these two areas of expertise.

For additional information or to learn more about the Lectora brand or Flypaper Studio, please visit lectora.com or www.Flypaper.com.

About Lectora®

Lectora® is the world’s leading e-Learning software used by most Global 2000 companies in more than 125 countries and is offered in six languages. The Lectora line of e-Learning products includes Lectora Inspire, Lectora Online, Lectora Publisher and Lectora Integrator. The makers of Lectora also produce Flypaper™, the leading Flash content creation platform, Snap! by Lectora® rapid e-Learning software and its sister product, Snap! Empower™ Flash interactions builder. The Lectora family of e-Learning products also includes CourseMill® learning management system (LMS) and Lectora Talent Management. Lectora is headquartered in Cincinnati, Ohio with offices in Boca Raton, Phoenix, Paris, London and Beijing. Lectora, Flypaper, CourseMill, Snap! by Lectora and Snap! Empower are trademarks of Trivantis® Corporation.

Website: lectora.com
Phone: 877.929.0188
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Twitter: twitter.com/Lectora
Blog: lectora.com/blog