CTRA Centra Software (MM)

Centra Software, Inc. (NASDAQ: CTRA), a leading provider of software and services for online learning and training, today announced that its Centra Live for Documentum software received the EMC "Designed for Documentum" logo designation, a mark of quality and value that customers insist on in enterprise applications. The "Designed for Documentum" accreditation demonstrates that Centra Live for Documentum has successfully met a comprehensive set of criteria for good design, development and implementation. The combination of Centra live software and the EMC Documentum platform provide customers with sophisticated capabilities for categorizing and assigning content. Organizations can more flexibly and accurately target the selection and delivery of information to individual users according to their job profile, skills and knowledge gaps. This unified view of enterprise content increases the efficiency of business processes and maximizes the value of the customer's digital assets, leading to increased company performance. Centra Live for Documentum integrates robust real-time meeting and collaboration capabilities with the EMC Documentum Content Server and EMC Documentum eRoom. The Documentum Content Server allows users to quickly find and import content, including presentations, course materials and other documents while respecting - Documentum security and access control models. Support for Documentum eRoom provides complete integration of the meeting and collaboration capabilities across the eRoom environment including: -- Meeting and Events Page: Centra Live Meetings appear alongside other meetings and events in the Meeting and Events page with Documentum eRoom and include an attend link to enter a meeting directly from the eRoom interface. -- Calendar: Centra Live Meetings appear on the Documentum eRoom calendar so that users can have a comprehensive view of upcoming events and meetings - whether physical or virtual in nature. -- Creating and Editing Meetings: Centra Live Meetings can be scheduled or edited directly from either the Meeting and Events page or the Calendar within Documentum eRoom. Users can easily invite both eRoom and non-eRoom members to meetings. -- Recordings: Centra Live provides a powerful recording capability that can capture the discussions, content and notes from a Centra Live Meeting for future reference. eRoom members can access recordings directly from within the eRoom environment. -- Voice over IP: Centra Live supports voice over IP (VoIP) saving the expense and coordination of audio conferences. -- Import Content: The Centra Live interface allows users to import presentations, project plans, work documents and other materials from an eRoom on the fly. "By providing Centra Live for Documentum as a packaged offering based on the EMC Documentum platform, Centra Software takes a leadership position in the industry in the area of online learning and training solutions," said Rob Tarkoff, Senior Vice President of Strategy, Business Development and Alliances, EMC Software Group. "The offering's status as 'Designed for Documentum'- accredited demonstrates Centra's commitment to the Documentum platform and the quality of their offering." "Centra is extremely pleased to be a part of the EMC Documentum Application Logo Program and we are proud to have attained the 'Designed for Documentum' status for Centra Live for Documentum offering," said John J. Walsh, Jr., Senior Vice President of Products and Operations, Centra . "We expect to realize significant benefits from Centra Live achieving 'Designed for Documentum' status, including offering differentiation and increased customer awareness. We are excited to be teaming with EMC and look forward to bringing more high-value offerings to market." The EMC Documentum Application Logo Program helps ISVs, VSPs and SIs target, design, develop and go-to-market with successful offerings based on the EMC Documentum platform. As a member, partners can submit their offering to be considered for "Designed for Documentum" accreditation, which ensures their offering has met all requirements to be certified on the Documentum platform. To learn more about Centra Live for Documentum and the EMC Documentum Application Logo Program, please visit http://www.documentum.com/app_portfolio. Packaging and Availability Centra Live for Documentum is available immediately as an option to Centra Live Version 7.5. Components of the application and add-on modules can be licensed separately or together as a complete enterprise online learning and training environment that can be installed on-site or accessed through Centra's secure ASP. Pricing varies based on configuration and scope of services. Call 1-800-414-3591 or 781-994-1168 for details. EMC Documentum eRoom and EMC Documentum Content Server products are sold separately by EMC. For more information, please call 1-800-607-9546 or visit www.documentum.com. About Centra Online learning and training solutions from Centra create workforce efficiencies and enable organizations to share and exchange business-critical information with geographically distributed customers, partners, prospects and employees. Centra enables groups to work faster and more effectively by automating critical learning and training initiatives online through virtual classrooms, online meetings and Web conferences. From enterprise-application training and support to workforce development and more, Centra's software and services help organizations deliver critical information and skills to support their most challenging business initiatives. Currently available in nine languages, Centra solutions can be deployed as on-site software or through its ASP service. Organizations across every major industry and market sector choose Centra, including Wyndham International, Weyerhaeuser, Underwriters Laboratories, BMW and Stanford University. Headquartered in Lexington, Massachusetts, Centra serves a worldwide customer base throughout the Americas, Europe, Asia and Australia. For more information, visit www.centra.com. Safe Harbor Statement Regarding Forward-Looking Statements With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements about the beliefs and expectations of management regarding the Company's future performance, the Company's strategic initiatives, its ability to achieve and maintain a leadership position in conferencing and collaboration, demand for the Company's software services and management's goals and objectives regarding future results of operations. Without limiting the foregoing, the words "believes," "plans," "expects," "anticipates" and similar expressions are intended to identify forward-looking statements. These statements reflect management's beliefs and expectations as of the date of this statement, and involve risk and uncertainties that may cause actual results, events and performance to differ materially. These risk factors include, but are not limited to, risks associated with the Company's proposed merger with Saba Software, Inc., including the failure to consummate the merger, the Company's ability to successfully execute its strategic plan, the effect of the Company's cost-cutting measures on its operations, uncertainty of market reaction to the Company's sales and marketing efforts, product demand for and market acceptance of the Centra 7.5 platform, the possibility of defects in our products, which could delay or prevent market acceptance of such products, the Company's ability to sell and deliver its online learning and training solutions, add-on modules and other future products, the effect of economic conditions generally on the market for IT spending and for the Company's products, the impact of competitive products and pricing, technological difficulties or other factors outside the control of the Company. There is no assurance that the Company will be able to implement its growth and operating plans as anticipated, or achieve its revenue and earnings goals. For a description of additional risks, and uncertainties, please refer to the Company's filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2004 and its Form 10-Q for the three months ended September 30, 2005, which are available at www.centra.com/investorrelations. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Centra is a registered trademark of Centra Software, Inc. All other trademarks referenced herein are the property of their respective owners.