To: KZAP who wrote (94903 ) 11/1/2001 10:26:52 AM From: Taki Respond to of 150070 LRCM NEWS OUT.Looking for the Q to come out too. BENSENVILLE, Ill.--(BUSINESS WIRE)--Nov. 1, 2001--Lloyd W. Singer President and CEO of LearnCom, Inc. (OTC BB: LRCM - news) and Arthur R. Bauer, President and CEO of NewMediaNow! reported that the two companies have reached agreement on a new distribution contract as well as a future new production deal. Under the terms of the accord, LearnCom acquires distribution rights to the existing library of NewMediaNow training videos. Art Bauer, one of the training industry's premier producers will focus on the production of new programs, many of which will be marketed and sold by LearnCom. NewMediaNow! sales and administrative employees will be joining LearnCom's growing Des Moines, Iowa Sales Center. Said Singer: ``Art Bauer and I have been friends for over twenty years. His contributions to our industry as founder and CEO of American Media (no relation to the south Florida tabloid publisher) are well known in our industry. With LearnCom's focus on sales & marketing and Art's skills as a producer, we're well-positioned to continue our exciting growth record.'' Said Art Bauer: ``Lloyd Singer and his management team have built an industry leader in our market in less than three years. I'm proud to have the opportunity to combine our businesses and focus on our respective strengths. I'll be producing a number of new productions a year that will help boost LearnCom's revenues and profits.'' While terms of the deal remain confidential, Bauer will become a LearnCom shareholder. On July 1, 2000, LearnCom acquired the exclusive rights to distribute the American Media (AMI) collection of over 250 skill-based video training programs to distributors through the world. AMI is now owned by Provant, Inc. (NASDAQ: POVT - news). LearnCom is now building a direct sales team in Des Moines as well as its separate channel team which serves 168 domestic distributors and 70 international distributors. About LearnCom, Inc. LearnCom, Inc.'s four Business Units, provide single-source learning resources and consulting and training services to businesses, government agencies and other non-profit organizations. The Company focuses on human resources and management development - specializing in diversity and critical compliance areas including harassment prevention and employment law. LearnCom's resources are provided in a variety of formats including Internet and Intranet delivery, video and CD-ROM. For additional information, visit www.learncom.com and www.videolrn.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. Contact: LearnCom, Inc. Lloyd Singer, 800/824-8889 toolkit1@aol.com