Corpedia LLC Announces that The W. Edwards Deming Institute has Joined its Elite E-Learning Faculty.

Business Editors/Education & Internet Writers

PHOENIX--(BUSINESS WIRE)--Aug. 3, 2000

Corpedia LLC, a Web-based, corporate e-learning company announced today an exclusive agreement to develop online education courses with The W. Edwards Deming Institute. Corpedia, which specializes in business management and compliance education delivered via the Internet, produces interactive, multimedia courses that are rich in animation and sound.

The Deming Institute was founded by Dr. W. Edwards Deming in 1993 to carry on his legacy. Dr. Deming, a true founder of the study of quality management, delivered countless seminars, wrote numerous books and articles and was instrumental in the post-WWII reconstruction of the Japanese economy. Dr. Deming's landmark book, "Out of the Crisis", delineates his revolutionary management philosophy for establishing quality, productivity, and competitive position, including his renowned 14 Points for Management. His book, "The New Economics for Industry, Government, Education", outlines The Deming System of Profound Knowledge. This is the knowledge needed for transformation from the present style of management to one of optimization.

"Corpedia is seeking out the elite business thinkers and organizations that are recognized as the leaders in their particular spheres of influence," says Alex Brigham, Corpedia's founder and CEO. "Dr. Deming is world-renown and there is not a single industrialized country in the world that hasn't benefited from his teachings."

With the Deming Institute, Corpedia is developing an eight-part certificated course based on Dr. Deming's "System of Profound Knowledge." The course is to be released in the Fall and has been designed with the highest amount of content and intellectual rigor. Upon successful completion of the course, the individual is awarded a certificate, a credential that confirms he or she has achieved an understanding of the subject material. "E-learning is a growing industry and we have realized the importance of choosing a forward thinking and reputable e-learning company as the Deming Institute's content deliverer," says Kevin E. Cahill, a trustee for the Deming Institute. "We selected Corpedia because of its excellent reputation in the marketplace and its superior technology platform."

About Corpedia

Corpedia is a privately held Phoenix, Arizona based e-learning company that specializes in Internet-based business management and compliance training. The company's principal and founding mission is based on the premise that the key for any business organization in today's new economy is managing knowledge, which must be effectively developed, synthesized and integrated in modern corporate strategies. Corpedia is working with nationally and internationally recognized business leaders and thinkers, such as Dr. Peter F. Drucker and The W. Edwards Deming Institute, to develop and offer Internet-based educational content. The aim is to maintain and increase the knowledge base of an organization's workforce. With a continuously expanding Internet knowledge library, Corpedia offers cutting edge solutions for companies to resolve ever more complex business problems and implement timely corporate strategies to remain competitive in the information age. The company's Web site is http://www.corpedia.com.