VANCOUVER, British Columbia, June 17, 2003 (PRIMEZONE) -- Serebra Learning Corporation (TSX Venture Exchange:SBR), one of Canada's leading providers of e-learning solutions, today announced the global expansion of its Cortex e-commerce partner program through its close working relationships with BrainBuzz.com Inc. and Brainbench, Inc.
Serebra has been in partnership with BrainBuzz, headquartered in Tampa, Florida (www.brainbuzz.com), for nearly a year. BrainBuzz reaches, via opt-in e-mail subscriptions, information technology professionals who enhance their careers with the purchase of Serebra's award-winning courseware. BrainBuzz provides marketing support to reach their target audience, while Serebra's Cortex technology provides billing, collections and infrastructure support, in addition to hosting the solution.
Recently, Serebra added Brainbench of Chantilly, Virginia (www.brainbench.com) to its e-commerce partner program. With more than 4 million registered users and over 400 different skill tests, Brainbench pioneered online skills testing to measure the skills of employees and consultants that are crucial to a company's bottom-line success. Corporate customers include Wells Fargo, Key Bank, EDS, Dresdner Kleinwort Wasserstein (DrKW), H&R Block, IBM, Interwoven, Manpower, Qwest, TAC Worldwide, U.S. Office of Personnel Management (OPM), NASA, and Verizon. Strategic Brainbench investors include Manpower and Thomson Corporation.
BrainBuzz and Brainbench, together with Serebra's other e-commerce partners, extend Serebra's reach to over 2 million targeted subscribers each month. With each e-mail campaign, more and more international customers have been joining the programs, and Serebra's courseware is now being sold around the world, including into countries such as New Zealand, Greece, Israel, Nigeria, Singapore and Japan.
"Serebra is confident that we are delivering the quality of courseware the international markets expect and require," said Ted Moorhouse, President and CEO of Serebra Learning Corporation. "It's exciting for all Serebra employees to watch the sales results each day from Oman to Iceland and from South Africa to Ghana. These sales demonstrate the strength of our partner program, and validate the viability of our core products. We look forward to continuing our relationship with BrainBuzz, Brainbench and our other valued partners as we achieve even greater results through the use of our e-learning technology and with their considerable marketing experience."
On Behalf of the Board of Directors,
SEREBRA LEARNING CORPORATION
Ted Moorhouse President and CEO
About Serebra Learning Corporation
Serebra Learning Corporation (TSX Venture Exchange:SBR) is one of Canada's leading full-service suppliers in the e-learning sector, with more than 40 resellers and affiliates operating globally. The Serebra Education Centre in Surrey, BC hosts one of the world's largest open architecture e-learning platforms, serving both its corporate customers' needs through the Cortex hosted Learning Management Platform, and consumer needs in over 130 countries through over 130 Learning Centre Partner sites. Serebra's award-winning courseware is backed up by multiple pricing options to suit the needs of businesses of all sizes, and custom development capabilities for situations where ready-to-use courseware won't serve a company's needs. For more information, visit www.serebra.com.
For further information, please contact:
Ted Moorhouse, President and CEO Serebra Learning Corporation Tel: 604.592.0552 Fax:604.592.0553 E-mail:ted.moorhouse@serebra.com
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