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To: Jim Bishop who wrote (83860)	5/8/2001 9:59:47 AM
From: Jim Bishop	Respond to of 150070

LRCM LearnCom, Inc. Acquires VideoLearning Systems, Inc. and Announces Promotions of Key Managers Business Editors BENSENVILLE, Ill.--(BUSINESS WIRE)--May 8, 2001--LearnCom, Inc. (OTCBB:LRCM - news) announced recently that it has acquired VideoLearning Systems, Inc. (VLS) of Bryn Mawr, Penn., one of the country's leading distributors of training videos, courseware and CD-ROM's with a library totaling more than 6,000 training titles and 30,000 customers. VLS (www.videolrn.com) was founded by training industry veteran, Homer H. Hewitt, in 1972. Mr. Hewitt will continue his role as President of VLS and join LearnCom's Advisory Board. In addition to video and CD-ROM formats, VLS also has an extensive library of e-learning programs marketed to either individuals or licensed to organizations. Dennis Barr, formerly Director of Sales of VLS has been promoted to the new position of Vice-President of Sales for LearnCom. Deborah Gillespie, formerly Director of Finance & Operations for VLS has been promoted to the new position of Vice-President Operations for LearnCom. All three executives will report to Lloyd Singer, Founder, President and CEO of LearnCom. "LearnCom's aggressive acquisition strategy is designed to create a leadership position in the $62 billion training and development industry" said Mr. Singer. "VLS adds an outstanding product and customer base, salespower and management talent to our growing team." VLS will continue to operate with its management and staff of 17 employees in Bryn Mawr, Penn. serving clients throughout the United States and the world. About LearnCom, Inc.: LearnCom, Inc.'s four Business Units provide single-source learning resources and consulting services to businesses, government agencies and other non-profit organizations. The Company focuses on HR, safety, and management training - specializing in diversity and critical compliance areas including harassment prevention, employment law and OSHA-required training. LearnCom's resources are provided in a variety of e-learning formats including Internet and Intranet delivery, video and CD-ROM. For additional information, visit www.learncom.com, and www.trainseek.com. This news release contains forward-looking statements that involve risks and uncertainties. The company's actual results may differ materially from the results discussed in these forward-looking statements. Factors that might cause such differences include, among others,terms and deployment of capital; general economic and business conditions; industry trends; changes in demand for the Company's products; the timing of orders received from customers; announcements or changes in pricing policies by the Company or its competitors and availability of management. --30--dkw/cgo* CONTACT: LearnCom, Inc. Lloyd W. Singer, 630/227-1080 Toolkit1@aol.com KEYWORD: ILLINOIS INDUSTRY KEYWORD: E-COMMERCE EDUCATION INTERNET SOFTWARE MERGERS/ACQ Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com * end of story *