Playback Media Partners With EDT Learning

September 27, 2002

Redwood City, CA (September 23, 2002) – Playback Media, a next-generation solutions provider of unique, scenario-based content via streaming video, today announced it has partnered with EDT Learning, a leading provider of custom e-Learning business solutions for corporate clients. Under the terms of the agreement, EDT Learning will market Playback Media’s library of over 187 business skills courses as part of its comprehensive e-learning solution and suite of workforce performance management tools for corporate clients.

“EDT Learning has been a consistent provider of high quality custom courseware,” said Nancy Campbell, chief executive officer and president at Playback Media. “We are very pleased that EDT Learning has chosen Playback Media to be their partner in bringing our equally high quality business skills catalog offering to the market. We look forward to offering the market a comprehensive and effective solution to their enterprise learning needs.”

“Playback Media offers the most effective solution for developing corporate competencies by mapping soft skills e-Learning to the relevant needs of an organization,” noted James M. Powers Jr., President and CEO of EDT Learning Inc. “We also recognize the importance of their learner completion rates as evidence of the engaging nature of the courseware. EDT Learning is proud to offer these programs to our clients as part of our comprehensive solution, delivering what we believe to be a “best of breed” soft skills library.”

About Playback Media

Playback Media is a next generation e-Learning content provider that influences behavioral change in the enterprise more rapidly, effectively, and economically via unique scenario-based video content. Over 187 concise, engaging and relevant courses cover critical business skills and compliance issues that map to the core business competencies of organizations and their extended enterprise. Additionally, Playback Media offers a custom content solution for deployment of company-specific training and messaging. Playback Media clients experience 87% learner completion rates, exceeding industry averages by 300%. Based in Redwood Shores, CA, Playback Media clients include United Defense, California State University, TIAA-Cref, Travelocity, Anacomp, Ingram Micro, Engelhard and Burton Snowboards. For more information about Playback Media, visit http://www.playback.com/.

About EDT Learning

Headquartered in Phoenix, Arizona, EDT Learning is a leading provider of custom e-Learning business solutions for corporate clients. Through its acquisitions, EDT Learning has built a highly skilled and experienced e-Learning production team and a production process that has evolved to incorporate input from sales, industry standards, 15 years of best practices, and client feedback – making it one of the most comprehensive processes available. EDT has been honored with more than 55 awards for excellence from notable e-Learning authorities such as The American Society for Training and Development (ASTD), Brandon Hall, Inc. Magazine, and New Media Magazine. EDT continues to develop relationships with a client base of customers inside and outside of the Fortune Global 1000 including American Express, Citibank, Federal Express, General Electric, Kyocera/Qualcomm, Toyota/Lexus, Oracle Corporation, and United Airlines.