Department of Veterans Affairs to Pilot VCampus E-Learning Solution; 9,000 Department Employees to Have Access to Online Learning

Business Wire, July 11, 2000

Business Editors/Hi-Tech & Education Writers

RESTON, Va.--(BUSINESS WIRE)--July 11, 2000

VCampus Corporation (Nasdaq: VCMP), a leading e-Learning Application Service Provider (ASP) that develops, manages and hosts turn-key, web-based learning environment for government agencies, as well as corporations and academic institutions, today announced that the Department of Veterans Affairs (VA) will begin a six-month pilot program of its e-learning solution.

VCampus will create two virtual campuses for the department -- one open campus and one restricted campus.

Through the program, 9,000 VA employees in 10 locations, representing the Veterans Health Administration (VHA), the Veterans Benefits Administration (VBA) and the National Cemetery Administration, will have access to nearly 300 courses from the VCampus Courseware Library. If the pilot is successful, the VA will go department-wide with the complete VCampus solution.

"We are excited about using this learning technology, and have been impressed by the work VCampus has done with other federal agencies and departments," said Stan Sinclair, dean of the VA Learning University. "We look forward to providing Department employees another avenue for online learning through the VALU Online University, our version of the VCampus product."

VCampus also powers the General Services Administration's Online University and the GSA-sponsored GovLearn. Powered by VCampus, GovLearn is a government-wide virtual campus that offers online learning to agency employees as well as individual government employees who are looking for training.

With courses on topics ranging from personal development to information technology to management skills, the GovLearn virtual campus is modeled after the GSA's own Online University. So far, employees from more than 30 federal agencies/departments, including the Environmental Protection Agency, the Department of Education, the National Weather Service and the Department of Labor, have taken courses through GovLearn.

About VCampus

VCampus Corporation (Nasdaq: VCMP) is a leading e-Learning Application Service Provider (ASP) that develops, manages and hosts turn-key, web-based learning environments for corporations, academic institutions and government agencies, enabling those organizations to offer global distance learning solutions to their customers, employees and students.

In addition to training and education, the VCampus platform can be employed for a number of enterprise-wide knowledge management initiatives including Customer Relationship Management (CRM), Enterprise Resource Planning (ERP) and product-related strategic business plans.

VCampus' e-Learning solution helps clients improve the performance of their distribution channels, measure and develop their employees' knowledge, skills, and abilities, and increase their customers' satisfaction and loyalty. VCampus distributes a courseware library of more than 1,100 web-based courses and has delivered more than 750,000 courses to over 250,000 adult learners as of the end of March 2000.

VCampus Corporation is headquartered in Reston, Va. For more information, call 800-915-9298, or visit the VCampus Web site at http://www.vcampus.com.

With the exception of the historical information contained in the release, the matters described herein contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks and uncertainties including but not limited to difficulties in managing rapid growth (including future capital needs), development of its target market, risks associated with acquisitions, and economic, competitive, governmental and technological factors outside the control of the Company. For more information regarding these risks and uncertainties see the Company's Registration Statement on Form S-1 and other SEC filings, copies of which are available upon request from the Company.