New Select Partner(TM) Courses Expected to Drive VCampus Revenue; Third Quarter Marks Major Expansion in Select Partner Offerings.RESTON, Va. -- VCampus Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :VCMP VCMP Vice City Multi-Player (gaming, Grand Theft Auto Online Mod) VCMP Voice Call Management Protocol ), a provider of comprehensive e-Learning publishing and hosting services to corporations, government agencies, professional associations and credentialing Credentialing is the administrative process for validating the qualifications of licensed professionals, organizational members or organizations, and assessing their background and legitimacy. organizations, today announced that it plans to launch 37 additional Select Partner(TM) courses and certification exams in the third quarter of 2005, of which all but five have already been released. These new titles will join an existing library of Information Security, Project Management and Contract Management Certification Courses, bringing the total number of Select Partner offerings VCampus will have launched since the inception of the program to 46. The new offerings span the range of our Select Partner Program, including our traditional certification courses, professional development and continuing education continuing education: see adult education. continuing education or adult education Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904). courses and a new area, certification exams. In the third quarter, we are on schedule to release four certification courses, bringing the total number of Select Partner certification courses to seven. We expect to see a major expansion in our library in this quarter with the addition of 30 professional development and continuing education courses. Finally, we plan to release our first three online certification exams in the third quarter. "We are thrilled thrill v. thrilled, thrill·ing, thrills v.tr. 1. To cause to feel a sudden intense sensation; excite greatly. 2. To give great pleasure to; delight. See Synonyms at enrapture. to have such a strong indicator of progress in terms of course launches ahead of us to drive revenues in the coming months," said Nat Kannan, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of VCampus Corporation. "Each product creates a new revenue stream opportunity as our Select Partners start to market them to their audiences and thus fuel growth of revenues for VCampus." Third quarter Select Partner offerings include:
-- Sourcefire, Inc. - IT and network security training and
certification exams for the Sourcefire and Snort(R)
communities worldwide
-- Sourcefire Certified Expert (SFCE) Certification Exam
-- Sourcefire Certified Professional (SFCP) Certification
Exam
-- Snort Certified Professional (SnortCP) Certification Exam
-- Building and Operating Snort
-- Snort Rules
-- American College of Forensic Examiners International (ACFEI) -
Online Homeland Security Certification training
-- Certified in Homeland Security Level-IV (CHS-IV) course:
Incident Command Management and Terrorism
-- PCI Global - Online training to prepare experienced project
managers for the PMI(R) Project Management Professional
(PMP(R)) certification
-- Online PMP(R) Exam Prep Course (PMBOK(R) Third Edition)
-- Association for Financial Professionals - Corporate finance
and treasury recertification training for the Certified
Treasury Professional (CTP) or its predecessor, the Certified
Cash Manager (CCM)
-- Derivatives: Debunking Myths and Building Boardroom
Support
-- Working Capital Management: Evaluating Efficiency
-- Regulatory Affairs Professionals Society (RAPS) - online
training to support the growing worldwide demand for training,
education and certification in the regulatory affairs
profession
-- Introduction to Regulatory Affairs & the Healthcare
Product Lifecycle
-- New York Institute of Finance - Online continuing education
for financial services professionals
-- Converted 27 financial training courses including Asset
Backed Securities, Corporate Finance, Options and Risk
Management Using Derivatives, from another hosting
platform
To learn more about these courses or the VCampus Select Partner Program, call 800-915-9298 or visit www.vcampus.com. About VCampus(R) VCampus Corporation (NASDAQ:VCMP), a provider of comprehensive e-Learning services, helps organizations that offer professional certifications Professional certification, trade certification, or professional designation, often called simply certification or qualification, is a designation earned by a person to assure that he/she is qualified to perform a job or task. and credentials CREDENTIALS, international law. The instruments which authorize and establish a public minister in his character with the state or prince to whom they are addressed. If the state or prince receive the minister, he can be received only in the quality attributed to him in his 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 Educational software. See CBT and OpenCourseWare. (application) courseware - Programs and data used in Computer-Based Training. 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. Snort An open source network intrusion detection system (NIDS) that is noted for its effectiveness. Developed by Martin Roesch, Snort can also be used just as a packet logger or packet sniffer. For more information, visit www.snort.org. See IDS. is a registered mark of Sourcefire, Inc. PMI See Private Mortgage Insurance. , PMP See point-to-multipoint and portable media player. PMP - Portable Media Player and PMBOK PMBOK Project Management Body of Knowledge (Project Management Institute, Inc.) are registered marks of the Project Management Institute, Incorporated. This press release contains forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of the federal Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Statements contained herein that are not statements of historical fact are forward-looking. Without limiting the foregoing, references to future growth or expansion or scheduled product launch dates are forward-looking, and words such as "anticipates," "believes," "could," "estimate," "expect," "intend," "may," "might," "should," "will," and "would" and other forms of these words or similar words are intended to identify forward-looking information. You should read statements that contain these words carefully because they discuss our future expectations, contain projections of our future results of operations or of our financial position or state other forward-looking information. There might be events in the future that we are not able to predict accurately or control, and any forward-looking statements are subject to risks and uncertainties that could cause our actual results to differ materially. These risks and uncertainties include: (1) our history of losses, projection of future losses and our need to raise additional capital; (2) market acceptance of our new and future products; (3) uncertainties regarding the successful implementation of our Select Partner Program or the timely release of products; (4) growing competition; and (5) our ability to maintain and manage our growth. For additional information regarding risk factors that could affect our future results, please refer to the discussions of "Risk and Uncertainties'' in our Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. for the year ended December 31, 2004, as amended, and other SEC filings. |
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