VCampus Reorganization

October 2, 2001

VCampus Corporation announced today that its Chief Financial Officer, Michael A. Schwien, will be leaving VCampus on November 1, 2001, to pursue other business interests. In noting the departure, Daniel Neal, President and CEO of VCampus said, “Mike has been a big contributor to the growth and success of VCampus. Though we will miss his many contributions, we wish him well in his future endeavors.”