Osler Institute Selects Medschool.com as Exclusive E-Learning Partner Medschool.com Gains Access to Leading Medical Review Institute’s Nearly 4,000 Medical Faculty in 15 Specialties

July 26, 2000

Santa Monica, CA — July 26, 2000 — Medschool.com, a leading e-learning company bringing medical school quality education to healthcare professionals and organizations worldwide, today announced an agreement to be the exclusive e-learning partner of the Osler Institute. Founded in 1982, the Osler Institute is the world’s largest provider of live comprehensive medical specialty board review courses, utilizing approximately 600 faculty annually and educating thousands of physicians each year in 17 medical specialties.

Under the terms of the agreement, Medschool.com has exclusive digital access to lecture content and images delivered through the Osler Institute. Osler medical faculty comprises an elite group of nearly 4000 thought leaders and experts in all major specialties from nearly every top U.S. medical school. Content will be delivered on Medschool.com’s advanced Internet e-learning platform that integrates high-quality audio, images, and synchronized text at low bandwidth speeds. Course content will be distributed through a variety of channels, including specialty board review, re-certification, continuing medical education, risk management, disease management, managed care training, and international medical education.

“The Osler Institute has developed a series of medical specialty review seminars that have earned a national reputation for excellence and quality,” said Dr. Vikas Bhushan, CEO and co-founder of Medschool.com. “As a global leader in e-learning solutions for healthcare organizations, Medschool.com is in a unique position to capture, develop, host and deliver the Osler Institute’s educational content into a variety of new markets.”

Specialty board certification itself is an important career goal for all physicians. Physician employers and hospitals are increasingly requiring board certification for employment, as liability for professional practice increases. Each year, over 70,000 physicians in all specialties take rigorous specialty certification and recertification exams with failure rates as high as 40%.

“Osler Institute looks forward to partnering with Medschool.com to bring our faculty and courses to the Internet,” stated Dr. Joe Selliken, President and Medical Director of Osler Institute. “We recognize that e-learning is an ideal way to distribute our quality education rapidly and effectively. Medschool.com’s e-learning solution exceeded our expectations and will allow us to leverage our quality content into multiple new areas.”

About Osler Institute

As a pathologist studying for his specialty boards, Dr. Joseph H. Selliken recognized an unmet need for quality preparatory resources for specialty certification. As a result, he founded the Osler Institute in 1982. Over the years, Osler has grown to national prominence as the leading provider of quality specialty board review courses, ranging from Family Practice, General Surgery and Pediatrics to Ophthalmology, ENT, Pathology and Psychiatry. Throughout the United States, the Osler Institute hosts live courses training approximately 5000 physicians each year and has access to more than 4000 faculty in most medical specialties.

About Medschool.com

Medschool.com (www.medschool.com) is a leading e-learning company bringing high quality online training and education solutions to healthcare organizations and professionals worldwide. Medschool.com offers an Internet-based e-learning platform that delivers engaging multimedia-rich learning programs. The company is supported by key academic advisors at premier institutions, including Yale, Oxford, Cambridge, and UC San Francisco, as well as leading experts in the field of e-learning. Medschool.coms innovative e-learning solutions have already been deployed by a number of leading pharmaceutical, medical device, healthcare communications, and healthcare risk management companies for corporate training and professional medical education. The company is located in Los Angeles, CA.