SmartPros Awarded Brandon Hall Learning Award in "Best Advance in Learning Management Technology" Category


HAWTHORNE, N.Y., May 3, 2010 (GLOBE NEWSWIRE) -- SmartPros Ltd. (Nasdaq:SPRO), a leader in the field of accredited professional education and corporate training, today announced it was awarded the 2009 Bronze Medal for "Best Advance in Learning Management Technology for Blended or Informal Learning" by Brandon Hall Research.

The award was given for SmartPros' eCampus™ Portal Learning Management System, a robust toolset for managing and deploying corporate training and accredited continuing education programs via live Webcasts and/or pre-recorded video-based course modules.

"We believe this award recognizes SmartPros' eCampus as a best-of-breed Learning Management System, and highlights our commitment to our clients and shareholders in that we've invested in technology and content delivery capabilities that keep us in the forefront of the ever-changing demands of the corporate training and accredited education marketplace," said Allen Greene, SmartPros' Chairman and CEO.

SmartPros' eCampus was designed to meet the needs of its clients of all sizes, including Fortune 1000 companies, as well as major firms and associations in each of its professional markets. eCampus features student management for any size enterprise or association, video and/or multimedia course development tools, testing and survey components, student training and continuing education curriculum tools and an ecommerce engine for clients wishing to re-sell online or offline training materials. In addition, SmartPros offers over 2,000 off-the-shelf learning modules for the accounting, finance, insurance, banking, legal, IT and engineering marketplaces.

"This award showcases SmartPros' commitment to our clients and our global development team's ability to listen and adapt our applications to fit the client's needs," said Joseph Fish, SmartPros' EVP and CTO. "Our team has put in countless hours working on the little things that separate the good from the great, and I believe this award is an acknowledgement of their hard work."

The Brandon Hall Excellence in Learning Technology Awards are presented by Brandon Hall Research, one of the leading research firms in training and development. The Learning Technology Awards program showcases innovations in the products in the marketplace for creating and managing learning, talent, and performance.

"These outstanding tools and systems propel the learning profession forward," said Brandon Hall, Ph.D., chairman of the Awards program. "These innovative products let customers make learning faster, better, and easier."

The entries were evaluated by independent judges around the world. Award winners were announced on Thursday, April 29. The winners are listed at http://www.brandon-hall.com/">www.brandon-hall.com.

About Brandon Hall Research

Brandon Hall, Ph.D. is the CEO of Brandon Hall Research and author of the ground-breaking "Web-Based Training Cookbook." Since 1992, Brandon Hall Research (http://www.brandon-hall.com/">www.brandon-hall.com) has been providing independent research reports and expert advice on using technology in learning. Brandon Hall Research conducts Awards programs each year to recognize the best in innovative learning.

About SmartPros

Founded in 1981, SmartPros Ltd. is an industry leader in the field of accredited professional education and corporate training. Its products and services are primarily focused in the accredited professional areas of corporate accounting, financial management, public accounting, governmental and not-for-profit accounting, financial services, banking, engineering, legal, ethics and compliance, and information technology. SmartPros is a leading provider of professional education products to Fortune 500 companies, as well as the major firms and associations in each of its professional markets. SmartPros provides education and content publishing and development services in a variety of media including Web, CD-ROM, video and live seminars and events. Our subscription libraries feature hundreds of course titles and 2,300+ hours of accredited education. SmartPros' proprietary Professional Education Center (PEC) Learning Management System (LMS) offers enterprise distribution and administration of education content and information. In addition, SmartPros produces a popular news and information portal for accounting and finance professionals serving more than one million ads and distributing more than 200,000 subscriber email newsletters each month. SmartPros' network of Web sites averages more than 900,000 monthly visits, serving a user base of more than one million profiled members. Visit: www.smartpros.com

The SmartPros logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2586

Safe Harbor Statement

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties, including activities, events or developments, that the Company expects, believes or anticipates will or may occur in the future. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in the Company's filings with Securities and Exchange Commission. Specifically, results reported within this press release should not be considered an indication of future performance.



            

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