Viyya Technologies, Inc. (Pink Sheets:VYON), the developer and marketer of the world's most advanced, web-based information management application, announced today that it has entered into a reseller agreement with WISE Learning Solutions, whereby Viyya will market and sell WISE's full suite of e-learning products and services. WISE Learning Solutions provides a scalable, web-based training program that harnesses the power of the Internet and multimedia technologies to educate employees and contractors on the threats to their organizations. Such security awareness training is required by regulatory compliance initiatives and mandated by such laws as HIPAA, Gramm-Leech-Bliley, NERC, and the Sarbanes-Oxley Act. One of the most flexible solutions in employee and contractor training, the WISE e-learning program adheres to the ISO 17799 "best practices" security standard as well as the international SCORM standard and has enjoyed individual corporate license sales of more than 100,000 units to Fortune 100 companies and numerous state and local government agencies in just the past year. "Viyya Technologies views WISE's e-learning tools as a very complementary product series that can be sold in tandem with our VIYYA(TM) product," said John Bay, CEO of Viyya Technologies. "Viyya projects considerable revenues for both VIYYA(TM) and WISE as a result of this new relationship, and we look forward to quickly establishing new sales opportunities, fueling our continued development as the market leader in business intelligence and knowledge management." According to IDC forecasts, the domestic e-learning market, which accounted for sales of approximately $7 billion in 2004, will experience exponential growth over the next several years, accounting for as much as $28 billion in sales by 2008. In addition, the global market for corporate e-learning is projected to grow at a compounded annual rate of nearly 30 percent over the next three years, also according to IDC research. Based upon preliminary marketing to potential corporate and government agency clients, Viyya management believes its marketing initiatives could result in the sale of 150,000 to 200,000 new WISE licenses over the next 12 months. About WISE Learning Solutions The WISE e-learning series is designed to meet the security training needs of today's public and private sector environments. It is a comprehensive, e-learning program that encompasses information security awareness, information security management, CISSP common body knowledge, incident response, computer forensics, secure programming practices, HIPAA training, physical security training. For additional company or course information, please visit http://www.wiselearningsolutions.com. About Viyya Technologies Viyya Technologies is the developer and marketer of the world's most advanced, web-based information management application. The company's core technology manages disparate information from the Internet, corporate intranets, databases, newsgroups, email, and third-party feeds by enabling users to customize the way they collect, process, distribute and store data. VIYYA(TM) gives users the ability to retrieve filtered content from many sources, determine the relevancy of the information, and have the information processed into notifications, daily reminders, newspapers, or archived for future use. For additional company information, please visit http://www.viyya.com. Legal Notice: "Forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 may be included in this release. These statements relate to future events or financial performance; are based on current expectations/projections about Viyya and its industry; and may differ materially from actual future results or events. Such words as "expects", "believes", and "anticipates" are intended to identify these statements. Viyya disclaims any intention or obligation to revise any forward-looking statements whether as a result of new information, future developments or otherwise.
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