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Company Interview Excerpt
LEON NAVICKAS - CENTRA SOFTWARE INC (CTRA)


Full article published: 10/07/2002


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TWST: Could you give us an introduction to Centra Software?
Mr. Navickas: Centra is a software company that provides software solutions for real-time communication and collaboration. The company started about five years ago in market, automating the training functions of organizations. That is, to keep instructor- led classroom trainers off of airplanes and out of in front of video conferences leveraging the Internet to make that whole learning experience more effective. That was our first collaborative application, automating the training department. Since then we have been in the marketplace essentially equipping people across the extended enterprise with software solutions that let them get their work done faster, better and cheaper.

TWST: What does the target client look like today, and how has that universe changed or expanded over the past couple of years?
Mr. Navickas: Initially, we targeted the training departments of the largest companies in the world. More recently what we have done is we have parlayed that beachhead into a much larger footprint among the enterprise customers worldwide, equipping other departments in those organizations. Primarily, we serve the Global 2000. We have customers among the largest telecommunications companies in the world, financial services, hi-tech, pharmaceutical, insurance and many other industries. Our customer roster is actually approaching 1,000 accounts, and we serve over 2.3 million licensed end-users. So our user base is growing nicely, and we recently won Deloitte Consulting's Fast 50 award, saying we're one of the 50 fastest growing companies in New England. So we are very proud of that achievement.

 

Tickers included in this excerpt: CTRA

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.