Replacing one word in a text block

Hi,

I tried searching the Internet and also the forums but I'm either using the wrong search terms or it just doesn't exist (not very likely) but I'm looking for a method which will allow me to replace one word in a text block.

Here is what I have:

Somebody opens the course and is presented with a form where they enter their name, network ID, and choose a company from a drop down menu (when it's fully deployed all this information will be passed to the course). Each one of these puts the information into a variable which will be used throughout the project.

There are several blocks of text in the span of the course which I'd like to enter something like in a block of text and have Lectora replace that with the company name variable. Is this possible?

I saw one third party solution but it seems to have so many limitations that it doesn't make it worth it.

Any help or suggestions would be great.

Thanks,

Nick