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News Release

Press Release October 17, 2006

Embanet frees institutions of online burden for course delivery to allow for quicker and higher ROI

Toronto, ON, October 17, 2006 – McGraw-Hill Online Learning and Embanet Corporation continue in their joint effort to offer a comprehensive solution to educational institutions seeking an efficient way of offering robust online courses quickly and affordably.

Embanet provides a “ready-to-go,” online solution with full-bodied course content by McGraw-Hill Education, expert hosting in Embanet’s Tier 1 Data Center and industry leading 24/7/365 live technical support provided by Embanet’s Level 3 Analysts for faculty and students.

In the past, institutions were constrained by having to develop their online content and find a reliable host delivery platform. Conversely, institutions struggled with having the delivery platform in place, but lacking substantial online content to present to their students.

Put simply, Embanet frees you up to concentrate on your core competency – education – while we handle the technical and delivery sides of your curriculum and get you online in the shortest possible time and with high-quality General Education content from a premier education publisher.

So now, institutions that range from those new to online content delivery right through to experienced presenters can rapidly enhance their online presence with a packaged content, hosting and support solution.

“Never before has it been easier for an institution to go online, increase its market share and its ROI,” says Nancy Stewart, Vice President and General Manager of the Embanet Online Group. “Our focus on increasing retention rates in online courses through the reliability of our Tier 1 Data Center and 24/7/365 live support is now combined with McGraw Hill’s online courses. That means we have all the ingredients required for an institution to be successful.”

The Embanet-McGraw Hill alliance removes barriers for institutions. Aside from not having the significant capital outlay normally required for such an initiative, institutions further benefit by not being held to a yearly enrollment minimum.

To hit the ground running with a comprehensive online learning solution, Embanet remains the “ready to go” choice. Go to www.embanet.com/newsalert to arrange a demonstration of one of the McGraw-Hill courses.

About Embanet Corporation

Embanet is the leading provider of fully hosted and supported e-Learning solutions to educational institutions. Embanet's Tier 1 Data Center, 24/7/365 LIVE technical support and course development help achieve high online retention and completion rates. Embanet offers the industry's only "e-Learning Insurance™" to safeguard your investment from changing technologies through the total integration of eight leading and non-proprietary learning platforms. For more information, please visit www.embanet.com/newsalert.