NCMA and VCampus Announce Launch of Online Federal Certification Preparation Course Targeting Government Contractors and Federal Contract Managers.

RESTON, Va. -- Growing Competitive Sourcing Mandates Drive Private Sector Demand For NCMA's Certification and Recertification Programs

The National Contract Management Association (NCMA), the preeminent source of professional development for the practice of contract management, today announced the availability of its online Certified Federal Contracts Manager (CFCM) certification preparation course, covering the Federal Contract Management Body of Knowledge (CMBOK). Jointly developed with Reston, VA-based VCampus Corporation (NASDAQ:VCMP), a provider of comprehensive e-Learning publishing and hosting services to corporations, government agencies, associations and credentialing organizations, the course prepares candidates for the Federal Module of the NCMA Certification Program exam and earns Continuing Professional Education credits (CPEs) toward satisfying recertification requirements. Data from a 1999 report from the U.S. Office of Personnel Management suggests that the market potential for the CFCM and NCMA's other certifications approaches 200,000 potential registrations with approximately 87,000 people in federal service jobs directly related to contracting and procurement and similar estimates for their private sector counterparts. Fueled by government outsourcing mandates that are creating a growing need for certified contracts managers in both the public and private sector, the contract management profession is expected to hire at an above average rate over the next 5-10 years.

The Federal Module Certification Preparation Course is available for $350 to NCMA members and $450 to non-members, with corporate discounts available. Satisfactory completion of the course earns 18 CPEs toward recertification, which is required once every five years. The new course, available through the NCMA Online Education Center (www.vcampus.com/ncma), joins a robust curriculum of online courses covering the General Business Contract Management Body of Knowledge that prepares candidates for the General Business Module of the NCMA certification program. NCMA expects to add additional courses to the NCMA Online Education Center later this year.

With 18,000 members worldwide, NCMA's professional certification and training programs are designed to elevate professional standards, enhance performance and distinguish those who demonstrate knowledge essential to the successful practice of contract management. Since its inception in 1982, approximately 6,000 people have received the Federal certification. The program was revamped in 2003 to include online, on-demand testing as well as new and improved certification preparation materials including the online courses developed with VCampus. With the new program in place, NCMA anticipates a significant increase in the number and rate of certification holders over the next two years.

Issues such as OMB Circular A-76, Sarbanes-Oxley, SEC SAB101 revenue recognition, homeland security and the war on terrorism are making contract management successes and challenges front page news. In the government, contract professionals bear extraordinary responsibility for supporting these critical issues domestically and around the world. "As the landscape of government contracting continues to change, NCMA is committed to being the central resource for professional development information and certification," said Neal Couture, CPCM, Executive Director of NCMA. "Online learning is a great way for today's busy contract professionals to access the certification preparation, continuing education training and professional development they need - anytime, anywhere - to be prepared for the changes that lie ahead."

"Never before have sound contract management processes been more vital to the success of an organization especially given that the U.S. government buys goods and services from more than 450,000 suppliers," said Nat Kannan, Chairman and CEO of VCampus Corporation. "NCMA leads the contract management profession and recognizes the significant role that online learning plays in providing its members with the information they need to ensure this success. We've received very favorable feedback about the course and registration momentum continues to grow. We look forward to working together with NCMA to ensure the future success of their e-Learning initiatives."

For more information about the NCMA Online Education Center, course demos and a complete listing of available courses, visit www.vcampus.com/ncma or contact NCMA at 571-382-0082.

About the National Contract Management Association (NCMA)

Representing more than 17,000 contract management professionals, the National Contract Management Association (NCMA) provides a forum to enhance knowledge and leverage business opportunities. Founded in 1959, NCMA was formed to foster the growth and educational advancement of its members and contracting professionals. NCMA serves those who work in specialized areas including contracting, acquisition, purchasing, procurement, and project management in public and private sectors, providing them industry news, publications, and educational offerings. For more information, visit the NCMA Web site at www.ncmahq.org.

About VCampus(R)

VCampus Corporation (NASDAQ:VCMP), a provider of comprehensive e-Learning services, helps organizations that offer professional certifications and credentials unlock the value of their traditional branded course content. Through its innovative Select Partner(TM) Program, VCampus repurposes value-added training content for online delivery to enhance and support professional development programs. The Select Partner Program provides custom course development, publishing, hosting, e-commerce, reporting, account support and marketing services. With over a decade of e-Learning experience, VCampus has delivered 2.9 million courses to 920,000 desktops/users in associations, non-profits, corporations, government agencies and credentialing organizations. VCampus distributes a courseware library of more than 5,000 web-based courses. VCampus Corporation is headquartered in Reston, VA. For more information, call 800-915-9298, or visit the VCampus Web site at www.vcampus.com. "VCampus" is a registered trademark and "Select Partner" is a trademark of VCampus Corporation.

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