SmartPros to Announce Second Quarter Financial Results on Wednesday, August 10, 2005


HAWTHORNE, N.Y., Aug. 4, 2005 (PRIMEZONE) -- SmartPros Ltd. (AMEX:PED) today announced that the Company will report its second quarter financial results for the six months ended June 30, 2005, on Wednesday, August 10, 2005.

SmartPros will also host a teleconference the same afternoon beginning at 4:15 PM Eastern, and invites all interested parties to join management in a discussion regarding the Company's financial results, corporate progression and other meaningful developments. The conference call can be accessed via telephone by dialing toll free 1-800-240-4186. A replay of the call will be available on the Company's Web site approximately one hour after the live broadcast at http://ir.smartpros.com.

About SmartPros Ltd.

Founded 1981, SmartPros Ltd. (AMEX:PED) is an industry leader in the field of accredited professional education and corporate training. Its products and services are primarily focused in the accredited professional areas of corporate accounting, financial management, public accounting, governmental and not-for-profit accounting, engineering, and ethics and compliance. SmartPros' customers include over half of Fortune 500 companies, as well as the major firms and associations in each of its professional markets. SmartPros provides education and content publishing and development services in a variety of media including Web, CD-ROM and video. Our subscription libraries feature hundreds of course titles and 1,000+ hours of accredited education. SmartPros' proprietary Professional Education Center (PEC) Learning Management System (LMS) offers enterprise distribution and administration of education content and information. In addition, SmartPros produces a popular news and information portal for accounting and finance professionals that services 300,000+ visitors and 100,000+ subscribers per month. For more information, visit http://www.smartpros.com.

Safe Harbor Statement

This release may contain or identify forward-looking statements. These statements are based on assumptions and estimates, which are inherently subject to uncertainty and contingencies that are beyond our control and are based on future business decisions that may change.



            

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