VCMP VCampus Corporation (CE)

VCampus Corporation (OTCBB:VCMP.OB) announced today that it has been selected by ISACA to create a web-based exam preparation course for the Certified Information Systems Auditor� (CISA�) certification. The CISA certification, established in 1978 and held by more than 50,000 professionals, measures excellence in IS auditing, control and security. Demand for the CISA certification has been steadily increasing since the designation was first introduced. Its growth has recently accelerated as the need for professionals with proven skills, knowledge and experience in assessing an organization�s IT and business systems has become mandated by law or been recognized as good business practice. More than 30,000 IT practitioners are expected to take the exam in 2007. The growth of the certification has resulted in adding an extra exam administration to accommodate this demand. An even greater demand for the certification is anticipated due to a new initiative from the U.S. Department of Defense (DoD) Information Assurance Workforce Improvement Program that names CISA as an approved certification for its information assurance professionals. Elsewhere, numerous countries, organizations and groups have also recognized and required the attainment of CISA certification as a requirement to conduct systems audits or security reviews. The online preparation course will allow ISACA to reach professionals throughout the world with a consistent, efficient and cost effective tool for exam preparation. The goal of the course is to effectively and efficiently prepare professionals for the CISA exam and will include interactive exercises, case studies, review sessions and practice exams. The CISA test-prep portal will feature six modules that map directly to each area of the certification exam and provide credential holders and other IT audit professionals with a means toward recertification. These modules include Business Continuity and Disaster Recovery; Protection of Information Assets; IT Service Delivery and Support Systems, Infrastructure and Information Life-Cycle Management; IT Governance; and IS Audit Process. �In this era of corporate governance, information systems auditors continue to play an increasing and critical role in ensuring regulatory compliance, and we�ve seen tremendous growth worldwide in the demand for CISA professionals as a result,� said Mark H. Petterson, CISA, CPA, member of ISACA�s CISA Certification Board. �To better prepare those seeking certification, we are excited to be able to provide an intensive Web-based learning portal that can be easily accessed by our global constituency. We selected VCampus to develop our portal based on its proven track record of creating specialized e-learning experiences for industry certifications.� �VCampus is dedicated to providing professionals the full power of Web technologies and resources to help them successfully prepare for certification exams,� said Nat Kannan, CEO of VCampus. �We are truly excited about being selected by a world leading certifying body such as ISACA after a rigorous evaluation. We�ll leverage our experience in delivering more than 3 million online courses globally to create an online portal tailored to the specific needs of CISA exam takers. With this portal, ISACA will be able to expand its CISA-preparation offerings and implement an effective online training solution for its members.� The ISACA partnership extends VCampus� commitment to helping organizations create and develop certification training programs within the IT, security and financial industries. ISACA�s CISA portal will be designed based on VCampus� proven Select Partner� program methodology. This program aligns subject matter expertise from partner organizations, such as ISACA, with VCampus� online educational expertise to create structured and specialized e-learning curricula and resources. VCampus and ISACA plan for the CISA exam-preparation portal to be available by the end of the third quarter of 2007, in time for candidates to prepare for the December exam administration. About VCampus� VCampus Corporation (OTCBB:VCMP.OB), a provider of comprehensive e-learning services, helps organizations that offer professional certifications and credentials unlock the value of their traditional branded course content. Through its innovative Select Partner� Program, VCampus repurposes value-added training content for online delivery to enhance and support professional development programs. The Select Partner Program provides custom course development, publishing, hosting, e-commerce, reporting, account support and marketing services. With over a decade of e-learning experience, VCampus has delivered more than 3 million courses to more than 1 million desktops/users in professional credentialing and certification organizations, associations, non-profits, government agencies and corporations. VCampus distributes a courseware library of more than 3,800 Web-based courses. VCampus Corporation is headquartered in Reston, Va. For more information, call 800-915-9298, or visit the VCampus Web site at www.VCampus.com. About ISACA With more than 50,000 members in more than 140 countries, ISACA� is a recognized worldwide leader in IT governance, control, security and assurance. Founded in 1969, ISACA sponsors international conferences, publishes the Information Systems Control Journal�, develops international information systems auditing and control standards, and administers the globally respected Certified Information Systems Auditor� (CISA�) designation, earned by more than 50,000 professionals since inception, and the Certified Information Security Manager� (CISM�) designation, earned by more than 6,000 professionals since it was established in 2002. For more information about ISACA, visit www.isaca.org. Forward-Looking Statements Disclaimer 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 or scheduled product launch dates are forward-looking, and words such as �anticipates,� �believes,� �could,� �estimate,� �designed to,� �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, projection of future losses and our need to raise additional capital; (2) uncertainties regarding our ability to continue as a going concern and repay our debts as they become due; (3)market acceptance of our new and future products; (4) uncertainties regarding the successful implementation of our Select Partner Program or the timely release of products; (5) growing competition; and (6) our ability to maintain and manage our growth, integrate any acquired businesses, including Prosoft, and reduce expenses. For additional information regarding risk factors that could affect our future results, please refer to the discussions of �Risk and Uncertainties� in our Annual Report on Form 10-K for the year ended December 31, 2005 and other SEC filings.