eWebUniversity Adds the Virtual Lab(SM) Platform to Its Suite of Products Designed for Corporate Training

June 5, 2002

“The Virtual Lab(SM) allows corporations to upgrade their technical support to a live, hands on model rather than the traditional telephone support, and to position it at a Platinum level to earn more revenues. Virtual Lab(SM) has also proven to be an effective tool in providing just in time, hands on training. We believe with this addition to our suite of products, eWebUniversity will have the most comprehensive eLearning package in the market designed specifically to meet all e-Training needs at a corporation,” said Arjun Raman, president and chief executive officer of eWebUniversity.

How Virtual Lab(SM) Works

The Virtual Lab(SM) allows individuals to log into live instructor-led hands-on sessions over the Internet, eliminating the time, effort and cost involved in commuting. eWebUniversity’s Virtual Lab(SM) is a software lab on the internet that allows a tutor as well as a number of learners to simultaneously access a software application for hands-on-learning leading to a superior level of customer satisfaction. The Virtual Lab(SM) provides the means for a tutor to ‘demonstrate’ exercises related to a software application to the learner. Subsequently, all learners can perform the exercises simultaneously, each supervised by the tutor. Each session provides the best online training experience for all end users.

Powerful Applications of the Virtual Lab Platform

The Virtual Lab(SM) platform can enable independent software vendors to command higher support related revenues by upgrading the technical support they offer to clients and to provide the best hands-on problem solving session for each end user. Corporations can also enhance their internal web based training for employees by seamlessly incorporating this Virtual Lab(SM) platform into their existing e-learning infrastructure while taking advantage of the other products & services offered by eWebUniversity’s Corporate Suite.

About eWebUniversity

eWebUniversity, an e-learning software platform and content provider, develops proprietary technology that enables and enhances technical support, tutoring and online learning for corporations, continuing education, and higher education markets. Designed to provide easy-to-use, appealing e-learning environments, eWebUniversity’s proprietary software tools and platforms integrate easily with content — including eWebUniversity’s own library of certification courses and knowledge resources of individual corporations, colleges and universities. Customers include San Jose State University; California State University at Dominguez Hills and Cal Poly at San Luis Obispo; CSU Hayward; and a growing number of corporate enterprises in the US. Headquartered in San Jose, Calif., eWebUniversity is privately held and funded by Bay Resources and Technology Corporation.

CONTACT: Ashish Vaidya, Director, Business Development of eWebUniversity, +1-408-441-2730.