VCampus Launches Security College Online; Comprehensive E-Learning Site Addresses Growing Demand for Security Training

VCampus® Corporation (Nasdaq:VCMP), the leading provider of end-to-end, web-based e-Learning solutions, today announced the launch of Security College Online™, the first e-Learning site geared specifically to providing best-in-class instruction on the latest security information and technologies.

VCampus worked with leading experts in the field to develop courses that address today’s most important security needs, and has also partnered with content providers known for their world-class security courseware. Course categories include information security, contingency planning, physical security, workplace security, and health information privacy and accessibility.

Security College Online (www.securitycollegeonline.com) will serve the needs of a range of professionals in corporate, government and higher education settings, from senior executives responsible for their entire organization’s security operations, to managers in charge of specific areas such as network intrusion detection or crisis communications, to the average employee who must make smart decisions about password selection, e-mail use and personal safety. Offerings range from multi-week courses that provide in-depth instruction to “security shorts” that teach basic concepts and take only minutes to complete.

While learners can access courses simply by using their credit cards, VCampus is also working with companies that want to utilize Security College Online to a greater extent by developing specialized course sequences and volume pricing agreements. In addition, companies that want to incorporate security content into their own e-Learning campuses can work with VCampus to do so, either by leveraging VCampus’ existing content or by having VCampus develop custom content for them.

“For e-Learning to become a ‘must have’ in the corporate market, courseware suppliers will have to develop and package content to target specific business needs,” says Michael Brennan, senior analyst with IDC. “VCampus obviously considered this when developing Security College Online in that it addresses concerns that are top-of-mind for organizations now more than ever.”

Security College Online’s courses address such concerns through its targeted curricula. For example:

• The Information Security category includes security awareness, security program management, home and remote computing, selecting passwords, PKI, intrusion detection, and

  vulnerability assessment.

• The Contingency Planning offerings will include IT disaster recovery planning, corporate business resumption planning, testing contingency plans, and crisis communications.

• Physical Security topics will include loss prevention, security management, substance abuse, and personal safety.

• Workplace Security courses will include bomb threats; anthrax threats; biological, chemical and radiological threats; workplace violence and hazardous materials.

• Healthcare Privacy courses will be based upon the recently enacted Health Insurance Privacy and Accountability Act (HIPAA) and will include HIPAA compliance assessment, privacy, security and contingency planning.

Security College Online is headed by Ron Freedman, Vice President of Security Solutions at VCampus. A career security expert who has worked in both corporate and government arenas, Freedman joined VCampus in January to develop the company’s offerings in the security field.

“Security College Online delivers the best advantages of the e-Learning model to security professionals, who need to be connected with the industry’s premier instructors and practitioners, but whose schedules and budgets do not always allow for off-site training,” said Freedman. “All the learner needs is access to the web, so they can take classes when and where it’s most convenient to them. Interactive online discussions and other dialog with instructors and students provide the interaction unavailable through traditional self-study courses, so there is a real community that develops among users of the campus.”

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 deliver higher education programs to adult students; 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 4,000 web-based courses and has delivered more than 2 million courses to over 500,000 adult learners. VCampus Corporation is headquartered in Reston, VA. For more information, call 800-915-9298, or visit the VCampus website at www.vcampus.com. “VCampus” and “Security College Online” are registered trademarks and trademarks respectively 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.