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NetDimensions Enters the German Market

Company Continues European Expansion and Opens Office in Munich

Amsterdam and Munich, October 25, 2012 - NetDimensions (AIM: NETD; OTCQX: NETDY), a global provider of performance, knowledge, and learning management systems, has recently established NetDimensions Germany GmbH in Munich, Germany.

"We view Germany as a very important market for NetDimensions," said Jay Shaw, NetDimensions’ Managing Director and CEO. “Being able to serve this market via direct presence in the country underlines our commitment to offering the best solutions and support to existing and new clients in the region.”

According to the German Chamber of Commerce (DIHK), skills shortage is among companies’ biggest concerns at the moment, and according to the German Federal Labor Office, by 2025 Germany will face a shortage of three million workers. There are several causes for the shortage, including demographic change and difficulty to train and develop employees to meet industry’s needs. NetDimensions addresses these needs by providing practical talent management solutions that are especially well-suited for "Mittelstand" companies. The NetDimensions solutions are quick to deploy on-premise or as SaaS, flexible to personalize to individual company requirements, highly robust, easy to use, and supported by a local team of professionals.

In addition, about 40% of Germany's largest companies and major brands are in banking, insurance, finance, manufacturing, pharmaceutical, biotechnology, and healthcare – all the highly regulated industries that NetDimensions serves worldwide enabling companies in these sectors to meet their global regulatory and operational compliance challenges.

NetDimensions Germany GmbH Sales Director Klaus Löper, brings significant experience in the learning and talent management industry, most recently as country manager with LINE Germany and as business manager with Tata Interactive Systems in Germany.

"It is a very exciting time to be part of the NetDimensions team," commented Klaus. "We are seeing great momentum in Germany for the NetDimensions talent offerings and we look forward to the opportunities ahead of us."

Joining Löper is Dirk Flaskamp, Sales Director for DACH (Germany, Austria and Switzerland), who was previously in a sales role at Lumesse.

Liam Butler, General Manager for Europe, Middle East and Africa at NetDimensions noted, "Klaus and Dirk bring a combined 40 years plus of experience in our industry. We are very happy to have them on board to drive the growth of NetDimensions in the DACH region."

About NetDimensions

Established in 1999, NetDimensions (AIM: NETD; OTCQX: NETDY) is a global provider of learning, knowledge and performance management solutions to highly regulated industries.

NetDimensions provides companies, government agencies and other organizations with talent management solutions to personalize learning, share knowledge, enhance performance, and manage compliance programs for employees, customers, partners, and suppliers.

NetDimensions' solutions also include custom content and learning portal development services, as well as off-the-shelf course libraries and regulatory compliance courseware developed by NetDimensions' subject matter experts and content partners.

NetDimensions' award-winning solutions have been chosen by leading organizations worldwide including ING, Cathay Pacific, Chicago Police Department, Geely Automotive, Norton Healthcare, and Fresenius Medical Care.

NetDimensions is ISO 9001 certified and NetDimensions' Secure SaaS practices are ISO 27001 certified.

For more information, visit www.NetDimensions.com or follow @netdimensions on Twitter.

Media Contact

Robert Torio
Senior Marketing Manager
+852 2122 4500
media@netdimensions.com

 
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