VCampus Launches E-Learning Partner Program to Help Companies Rapidly Capitalize on an Exploding Market

May 30, 2001

VCampus Corporation (Nasdaq:VCMP), the leading provider of end-to-end, web-based e-learning solutions, today announced the E-Learning Partner Program designed to enable companies to rapidly establish e-learning services for resale to their customers. Through this VCampus program, companies can capitalize on emerging market opportunities as more and more enterprises adopt e-learning solutions to meet a range of compelling business needs. Partner companies will be able to leverage the VCampus platform’s scalability, global reach, rich supply of off-the-shelf content and course construction capabilities, as well as VCampus’ extensive experience, to deliver e-learning solutions.

Craig Correa was named Program Director to establish and lead the program. Correa has 12 years of experience in business development and channel management and was most recently Business Development Director for USinternetworking’s AppHost Program, a partnership program that generates significant revenue for USinternetworking.

“Two of VCampus’ key differentiators are our vast experience in the e-learning space and our advanced technological platform, built specifically to deliver courseware around the globe,” said Daniel Neal, President and CEO of VCampus. “This strategic initiative makes VCampus an enabler for our prospective channel partners, allowing them to enter this expanding market quickly, backed by our technology, knowledge and partnership history. We believe that Craig Correa’s leadership will ensure that the partnership program is mutually beneficial to VCampus and its partners–helping partners build e-learning solutions, helping VCampus enhance our content offerings, and helping both parties generate new revenue streams.”

“This program is about enabling our partners to generate incremental recurring revenues as online e-learning services providers,” said Correa. “Even before the launch of this program, we’ve seen tremendous traction in this area.”

Partnership activities will range from enabling companies to re-sell VCampus course content, to deploying full-scale, revenue-generating e-learning campuses. VCampus expects that content providers will also participate in the program to provide courses on topics needed by VCampus E-Learning Partners.

Companies interested in participating in VCampus’ E-Learning Partner Program can contact Craig Correa, Program Director, at 800-915-9298.

About VCampus
VCampus> Corporation (Nasdaq:VCMP) is the leading provider of end-to-end e-learning solutions. The company develops, manages and hosts turnkey, web-based learning solutions for corporations, government agencies and higher education institutions. VCampus enables these organizations to offer complete global distance learning solutions to their customers, employees, distributors, suppliers and students. VCampus’ e-learning solutions are designed to help clients improve the performance of their distribution channels and suppliers; measure and develop their employees’ knowledge, skills and abilities; and increase their customers’ satisfaction and loyalty. VCampus distributes a courseware library of more than 3,500 web-based courses and has delivered more than 1.9 million courses to over 467,000 adult learners. VCampus Corporation is headquartered in Reston, VA. For more information, call 800-915-9298, or visit the VCampus website at “VCampus” is a registered trademark of VCampus Corporation.

This press release contains forward-looking statements within the meaning of the federal Private Securities Litigation Reform Act 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 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 and our need to raise additional capital; (2) the ability to recruit and retain qualified technical and other personnel in a highly competitive market; (3) market acceptance of our new and future 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 Factors” in our Form 10-K for the year ended December 31, 2000, filed with the SEC on April 2, 2001, and our Form S-3 Registration Statement filed on May 2, 2001, and other SEC filings.

Contact Information

VCampus Corporation, Reston

Joanne Rasch, 703/893-7800 ext. 264