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News Release

Press Release October 26, 2006

Kentucky Virtual University and Embanet present on, “Keeping Them in Their Seats: The 5 Secrets to Higher Retention and ROI,” at KHECC Conference

Toronto, ON, October 26, 2006 – Embanet Corporation is pleased to be co-presenting “The 5 Secrets to Higher Retention and ROI,” with Kentucky Virtual University at the Kentucky Higher Education Computer Conference in Erlanger, Kentucky.

“For nearly half a decade Embanet has helped the learners of Kentucky reach their educational goals while also contributing to the State of Kentucky’s aim to increase the number of graduates,” said Nancy Stewart, Vice-President and General Manager of the Embanet Online Group. “Both Kentucky Virtual University (KYVU) and Embanet have made significant progress in providing a unique experience and methodology to keep learners in their seats. We’re very pleased that this conference has given us the opportunity to share our experiences and shared wisdom.”

Kentucky Virtual University is a leader in the field of online education and one of its early pioneers. Allen Lind, KYVU CEO said, “We share an important commitment with Embanet. Kentucky Virtual University is dedicated to delivering a positive, reinforcing experience to our online learners. Early on, we realized how important top-quality support would be in helping to ensure our students’ success. Through Embanet’s expert technical support and focus on keeping students in their courses, we’ve achieved high student satisfaction and retention rates.”

Nancy Stewart explained Embanet’s understanding of what is important to online students and what has contributed to keeping KYVU students “in their seats” — a reliable e-learning platform with virtually 100 percent uptime; the availability of live, person-to-person contact through a 24/7/365 student support center; easy-to-understand technical guidance and problem resolution; and readily accessible self-help tools and information for online learners.

To find out more about Embanet’s student retention services, click here: www.embanet.com/newsalert.

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.