class.com Names Richard J. Courtney as Chief Technology Officer; Internet-Based Online Education Market Leader Now Has Complete Executive Team in Place.

Business Editors

LINCOLN, Neb.--(BUSINESS WIRE)--April 12, 2000

class.com, inc. announced today that Richard J. Courtney has been named Chief Technology Officer. class.com provides Internet-based, online courses for high school students throughout the world.

Courtney has served as a senior technology executive for companies such as Equifax National Decision Systems, Glendale Federal Bank, and Citicorp. At Equifax, a San Diego-based software company specializing in large demographic and decision support database applications, he was responsible for all aspects of product development and delivery.

"Dick has a unique ability to combine his understanding of technology with business and operations requirements," said John Blair, President and Chief Executive Officer. "We were seeking a roll-up-your-sleeves and get-to-work person for this job. Dick's ability to consistently deliver complex projects for innovative and efficient results will be critical for class.com's future success."

"I feel honored to have the opportunity to work for a company that is making a real difference in the way young people learn," said Courtney. "While there is unprecedented growth in available technology today, it is the application of this technology that will ultimately make a difference in online education. class.com is creating a positive impact that can effect the education community for years to come."

About the class.com Executive Team

With the addition of Dick Courtney to class.com, the executive team is now complete. Additional members of the team include:

    John Blair, President and Chief Executive Officer, joined
    class.com in July 1999. Prior to joining class.com, Blair held
    senior level positions in high technology Internet companies and
    financial organizations. As President of Executive Strategies, a
    management consulting firm for high technology companies, he
    combined his unique blend of technology knowledge and business
    expertise to make significant contributions to the overall
    strategy for IPO bound Internet companies. Blair also served as
    Vice President, Operations and Internet Services for Digital
    Generation Systems in San Francisco, the nation's largest digital
    distribution telecommunications network for advertising media.

    Bill Clevenger, Vice President, Marketing, has held several senior
    sales and marketing positions. Prior to joining class.com, he was
    Director of Field and Channel Marketing at Fujitsu Personal
    Systems. He has also served as Vice President of Marketing for
    Cyberports and Novell in addition to being Vice President of Wall
    Data where he restructured the sales channels from 100% direct to
    over 70% indirect.

    Katherine Brauer Endacott, Vice President, Business Development,
    is a former high school teacher with significant business
    experience. As Sales Director for Internet startup, Quester IT,
    Katherine oversaw business development and the formation of
    strategic partnerships. She has also served as a senior analyst
    for the Gallup Organization.

    Wayne G. Kiewert, Vice President, Sales, brings over 30 years of
    successful sales management experience to class.com. Prior to
    joining class.com he was a member of the sales and marketing
    executive team at Fujitsu Personal Systems. At Fujitsu he built an
    entirely new sales force and world wide sales channel, including a
    distribution system that included over 400 VARs and systems
    integrators. Wayne has also held sales and marketing positions at
    GRiD Systems, Novell Inc., and Wang Laboratories.

    Bert Nixon, Vice President, Operations, has participated as a key
    player in the startup of two consumer services groups. Most
    recently he served as head of a nationwide new account origination
    and customer service for the student lending business of Educaid,
    one of the largest student loan originations operations in the
    U.S.

    Linda Steele, Chief Financial Officer, has served in both public
    and private industry for over 25 years for companies such as
    Experian, Cliffs Notes and Deloitte and Touche. Her previous
    positions include the position of Chief Financial Officer for
    Cliffs Notes and VP Finance for Experian.

About class.com, inc.

class.com represents the way of the future by providing courses without boundaries at anytime or anyplace thereby meeting the challenges faced by both public and private school administrators. Using the Internet as a common and readily available delivery mechanism, courses are updated on an on-going basis and delivered at the pace of the learner.

class.com offers an alternative for college bound students in need of advanced or special coursework, homebound students, students seeking to improve their skills in specific subject areas, gifted or advanced students, and students in need of summer credits. Internet delivery and accessibility also provide administrators with flexible options to address capacity and scheduling challenges. Courses include math, science, English and social studies, in addition to business and career planning.

class.com courses provide a direct interaction between students and teachers. Once a student is registered, they are assigned a teacher for each course. By using a standard web browser, students access course material that takes full advantage of advanced multimedia technologies. Students can log on and learn anytime and anywhere there is a PC and an Internet connection.

Instead of traditional textbooks, students view a combination of text, animated graphics, audio and video materials. A unique design and seamless navigational system encourages individualized discovery and learning. Downloading times are minimized by storing pictures, videos, and interactive graphics for off-line access. An online binder or notebook allows a student to take notes and store course materials in both text and multimedia formats for later reference.

Founded in 1998 and headquartered in Lincoln, Nebraska with area offices in Atlanta and San Francisco, class.com is a privately held company delivering online educational courses over the Internet for high school students throughout the world. As the premier provider of Internet-based online education, class.com is committed to providing quality educational content using the most innovative and advanced technology available.

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