CBT Systems Awarded $5.7 Million Interactive Training Agreement by Compaq

Business Wire, March 1, 1999

REDWOOD CITY, Calif--(BUSINESS WIRE)--March 1, 1999--CBT Systems, a leading provider of interactive education software for information technology (IT) training, today announced a three-year agreement valued at $5.7 million with Compaq Computer Corporation (NYSE:CPQ), a Fortune Global 100 company and the largest global supplier of computer systems, to provide interactive education software to Compaq employees.

Under the terms of the agreement, Compaq employees worldwide will have access to 500 courses from CBT Systems' library of interactive software education titles. Compaq has selected courseware from the CBT Systems library that supports Microsoft, Cisco, Oracle, and Lotus products. In addition, Compaq employees have access to online mentoring services offered by Scholars.com, a CBT Group subsidiary, for supporting Microsoft certification programs such as the Microsoft Certified Systems Engineer (MCSE) and Microsoft Certified Solutions Developer (MCSD) certifications.

"Our vision is to lead the future of computing by providing the most innovative, cost-effective, and flexible products and services to best meet the full range of customers' needs," said Karen Monroe, vice president, Corporate Development and Organization Effectiveness, Compaq. "Online technology training solutions like CBT Systems are a key element in ensuring our people have the knowledge and skills to achieve that vision."

"CBT Systems takes great care in providing customers with the just-in-time interactive training and mentoring services they need to meet today's extreme IT education demands," said Gregory M. Priest, CBT Systems president and CEO. "We focus on delivering the highest quality courseware, based on our proven instructional design. We further support our customers' training efforts by making our courseware highly interactive and engaging, thus more effective, as well as easily deployable over networks, intranets and the Internet. We're very pleased that Compaq has chosen CBT Systems to support its interactive training needs, and we look forward to a long and productive relationship with the company."

About CBT Systems

CBT Systems, a subsidiary of CBT Group PLC (Nasdaq:CBTSY), is a leading provider of interactive education software to technology and business professionals, and to business, education, and government organizations worldwide. The company's comprehensive library features a full range of information technology topics, as well as education on business, management, and professional development. CBT Systems' courseware, which is distinguished by its high-quality, in-depth, interactive content and effective performance simulation exercises, is optimized for enterprisewide deployment over networks, intranets, and the Internet. To enable enterprises to deploy courseware efficiently and effectively, CBT Group has developed innovative deployment and management solutions that work within an organization's established networking infrastructure to deliver training wherever it is required.

For information on CBT Systems products, call 888/714-5900, fax 650/387-0933, or send an email to salesinfo@cbtsys.com. CBT Systems is located on the World Wide Web at www.cbtsys.com.

Note to Editors: CBT Systems and the CBT Systems logo are trademarks of CBT Group PLC. All other company and product names may be trademarks of the respective companies with which they are associated.