HERNDON, Va., Oct. 5, 2017
Learning Tree International, Inc. (OTCQX: LTRE) announced today the launch of advanced management training courses to demonstrate the importance of developing and implementing a comprehensive plan for IT management and maturity.
These new IT training courses leverage the ‘IT Management Maturity Model’ developed by subject matter experts from the American Council for Technology – Industry Advisory Council (ACT-IAC). The Maturity Model, which combines best practices from government and industry, is already being used by several federal government agencies to gain an objective understanding of how their IT organizations are truly performing, and to improve their ability to deliver effective and efficient services and to protect Federal IT assets and information.
“In just about all organizations, regardless of whether they are private sector or government, IT has become not only indispensable but also a critical differentiator to how an organization performs. Having organizational IT management maturity – that is the ability to effectively maximize the use of IT for an organization’s business and mission objectives – becomes a crucial component for overall organizational success. And while the Maturity Model was initially developed to support government agencies, the tenets of the model are just as applicable to private sector organizations.” stated Richard A. Spires, CEO of Learning Tree and Executive Vice Chair of the IAC Executive Committee. Mr. Spires authored both courses, drawing on his varied professional expertise, including his CIO roles at the US Department of Homeland Security (DHS) and the IRS, as well as his work supporting ACT-IAC to develop the IT Management Maturity Model. As an expert on IT, Mr. Spires has testified before Congress numerous times regarding recommendations to address the range of federal IT management, acquisition, and operations issues.
Course Offerings Include:
These 2-day courses can be extended to a 4-day workshop, giving attendees the opportunity to work with an expert instructor to self-assess and create an action plan customized to support maturing IT management in their organization.
“ACT-IAC is proud to partner with Learning Tree International to offer these new courses as part of the ACT-IAC Academy. These courses are based on the ACT-IAC IT Maturity Model, Phases 1-3, which is a good example of government and industry collaboration and how ACT-IAC provides a neutral forum to address technology related challenges”, states Ken Allen, Executive Director, ACT-IAC. “We hope that federal CIOs and their key staff will be able to leverage this resource to better government, improve their FITARA scores from OMB and achieve their agency’s mission.”
About Learning Tree International
Established in 1974, Learning Tree is a leading provider of IT training to business and government organizations worldwide. Learning Tree provides Workforce Optimization Solutions — a modern approach to delivering learning and development services that improves the adoption of skills, and accelerates the implementation of technical and business processes required to improve IT service delivery. These services include: needs assessments, skill gaps analyses, blended learning solutions, and Acceleration Workshops.
Over 2.5 million professionals have enhanced their skills through Learning Tree’s extensive course library including: web development, cyber security, program and project management, Agile, operating systems, networking, cloud computing, leadership, and more.
ACT-IAC is a 501(c)3 non-profit educational organization established to improve government through the effective and innovative application of technology. ACT-IAC provides an objective, trusted and ethical forum where government and industry executives can collaborate and learn.
ACT-IAC in partnership with Learning Tree offers training through its’ Academy for the federal IT community that is relevant to members’ needs, and includes technical, management and leadership training.
Vice President, Worldwide Marketing
Learning Tree International
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Cautionary Statement Regarding Forward Looking Statements
The statements contained herein that are not historical facts are forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects on Learning Tree. Such statements involve inherent risks and uncertainties, many of which are difficult to predict and are generally beyond the control of Learning Tree. There can be no assurance that future developments affecting Learning Tree will be the same as those anticipated. Learning Tree cautions readers that a number of important factors could cause actual results to differ materially from those expressed in, or implied or projected by, such forward-looking statements. Investors should not put undue reliance on these forward-looking statements, since they are based on key assumptions about future risks and uncertainties. Some of these risks and uncertainties that could affect Learning Tree and its business include, but are not limited to the following: our ability to continue as a going concern; our ability to obtain additional liquidity in amounts and on terms acceptable to the Company; our ability to reverse our trend of declining year over year revenues, negative cash flows from operations, and maintain liquidity; our ability to successfully implement our new strategies to increase revenue and to achieve our cost reduction goals; competition; international operations, including currency fluctuations; attracting and retaining qualified personnel; intellectual property, including having to defend potential infringement claims; implementation of partnerships with third party providers of courses and or course material; efficient delivery and scheduling of Learning Tree's courses; technology development and new technology introduction; the timely development, introduction, and customer acceptance of our courses and other products; a majority of our outstanding common stock is beneficially owned by our chairman and his spouse; risks associated with cyber security; changing economic and market conditions; and adverse weather conditions, strikes, acts of war or terrorism and other external events. Learning Tree is not undertaking any obligation to update forward-looking statements contained herein to reflect future events, developments or changed circumstances.
In order to help the reader assess the factors and risks in Learning Tree's business that could cause actual results to differ materially from those expressed in the forward looking statements, Learning Tree discusses in its 2016 Annual Report on Form 10-K (“Form 10-K”), those risks in Item 1A, “Risk Factors”, as well as in its other filings with the SEC. Please read the Form 10-K, including the Risk Factors included therein, which is filed with the SEC and available at the SEC's Internet site (https://www.sec.gov).