SmartPros Launches SmartPros Banking

New Online Course Library Expands SmartPros' Core Offerings into the Banking Market


HAWTHORNE, N.Y., May 4, 2006 (PRIMEZONE) -- SmartPros Ltd. (AMEX:PED), a leader in the field of accredited professional education and corporate training, today announced that it has launched SmartPros Banking(tm), a comprehensive online education program for the banking industry.

The result of SmartPros' recent acquisition of Sage Online Learning's library of financial services content, SmartPros Banking features over 208 hours of training in 58 topics that have been migrated into SmartPros' proprietary Professional Education Center (PEC) Learning Management System (LMS) which enables any SmartPros client to instantly add the library to any existing user account or corporate training program. Course content can also be integrated with all of today's popular Learning Management Systems.

SmartPros Banking course topics include banking compliance, insurance, lending, management, retirement and estate planning, and industry-related sales and service. Courses are delivered using a wide range of toolsets, including SmartPros' eLearning Player (eLP) that delivers crisp video and audio at a wide range of bandwidths, incorporating slides, testing and survey capabilities in an intuitive learning environment. SmartPros' eLP is based on today's most widely accepted media delivery platforms ensuring compatibility. In addition, SmartPros' eLP is firewall friendly, and enables customer branding and customization options.

"We are pleased to expand our core offerings to include banking for SmartPros clients, and for the opportunities this new market has to offer," stated Jack Fingerhut, President of SmartPros, Ltd. "SmartPros Banking courses will serve as a powerful tool for regulatory and compliance education, as well as new hire training for banking organizations of all sizes."

In addition to its corporate customers, SmartPros will offer SmartPros Banking courses to individual subscribers and also through participating channel partners. SmartPros Banking can be accessed online at: www.smartpros.com/banking

About SmartPros Ltd.

Founded in 1981, SmartPros Ltd. 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, banking, engineering, and ethics and compliance. SmartPros is a leading provider of professional education products to 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. Visit: 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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