The addition of Mr. Taibl to the Vuepoint team comes during a period in which corporations are realizing the economic benefits and rapid ROI associated with eLearning, even in periods of economic downturn. Recently International Data Corp. (IDC), an independent analyst and consulting firm, estimated that by 2004 the eLearning market will grow to $14.7 billion in the U.S. and $23 billion globally. Vuepoint is strongly positioned to lead this growth, since its Vuepoint Learning System (VLS) 3.0, which has both LCMS and LMS capabilities, is winning over clients such as Black & Decker and Toyota and gaining recognition from analyst groups such as brandon-hall.com and Pacific Growth Equities.

"I'm excited to join Vuepoint because I know from my experience that companies are looking for exactly what Vuepoint offers -- an easy-to-use and comprehensive eLearning solution that allows for rapid deployment and quick ROI," said Dennis Taibl. "I'm looking forward to building upon Vuepoint's impressive client list during a critical and exciting period in our growth, as well as the growth of the eLearning industry."

Prior to Generation21 Learning Systems, Mr. Taibl was VP of Sales & Operations for Bonacker & Leigh, a consumer products brokerage company, and VP of Sales & Marketing with Multi-City Food Industries, a restaurant and hospitality industry food company. Mr. Taibl holds a B.S. from Purdue University and a M.A. from New York University in management and marketing.