Great-West Life & Annuity Insurance Company Selects WisdomNet's Revexion Talent Management System for Corporate-wide Performance and Talent Management


Denver, CO February 7, 2004--WisdomNet, Incorporated, a leading provider of advanced Talent Management solutions, announced yesterday that Great-West Life & Annuity Insurance Company (Great-West) has successfully launched the latest release of the Revexion Talent Management System.

"Our team selected WisdomNet's solution based on the breadth of functionality, the ability to accommodate all of our processes, and the low total cost of ownership. The Revexion solution is a major advancement in strategic HR systems and will enable our organization to drive additional improvements in business performance by aligning human capital with our strategic and operational goals," said Lauren Choate, Assistant Vice President, Training and Organizational Development, at Great-West. "Another major reason we went with WisdomNet is their absolute commitment to our success. They have been great to work with," Choate said.

For many industries, human capital is one of the most important and most costly elements of running a successful business. In order to control these costs and to garner the greatest competitive advantage from the organization's resources, companies must address key human capital management processes such as Performance Management, Workforce Planning, Skills Management, Succession Planning, Recruiting, and Resource Scheduling as an integrated whole. With Revexion, organizations get a best-in-class, end-to-end Talent Management solution that is strategically positioned to meet an organization's evolving HR application needs. Great-West is initially leveraging Revexion's Cascading Goals and Objectives functionality along with the broader Performance Management capabilities. As the most robust, fully-featured, integrated talent management solution available on the market today, Revexion will allow Great-West to roll-out additional functionality as its needs evolve. Additionally, the Revexion system interfaces with Great-West's ERP solution to give Great-West maximum leverage out of the existing employee data.

"Great-West is working to position HR strategically and truly drive improved organization performance through Human Capital," said Brian Wilkerson, President and CEO of WisdomNet. "We are pleased that Revexion is a key part of those efforts and we are delighted to have Great-West join our family of clients who are looking to take Talent Management to the next level."

Company Information

WisdomNet Incorporated is an international consulting and technology firm dedicated to providing innovative and appropriate solutions to its clients. They specialize in helping organizations solve their toughest problems and identify and capitalize on their greatest opportunities. WisdomNet organizes its service offerings around five primary practice areas: Strategy Consulting, Process Excellence, Human Capital Optimization, Customer Success Management, and Technology Services. By developing capacity and alignment within and across the areas of people, process, technology, and strategy they work with clients to maximize revenue, profitability, and assets. Visit http://www.wisdomnet.net or call +1 (303) 316-0381 for more information about WisdomNet or the Revexion Talent Management System.

Contact:     Bruce Siegel
        Director of Corporate Development
        WisdomNet, Incorporated
        (303) 316-0381
        bsiegel@wisdomnet.net





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