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LOMALearn Online to offer greater functionality and expanded course offerings

Dublin - December 1st, 2005 - WBT Systems, today announced the launch of LOMALearn Online, the e-Learning portal for LOMA , the leading trade association to the insurance and financial services industry. LOMALearn Online will be powered by WBT’s award-winning TopClass e-Learning Suite^TM, and has been designed to provide greater functionality and expanded course offerings. The TopClass system will manage and deliver content, training and certification to LOMA’s 1,200 member companies and other customers in more than 80 countries. The new system will not only power LOMA’s standard online learning offerings, but will also allow LOMA to provide its members and customers with privately branded online learning sites through an application service provider model.

“We are really excited about the new LOMALearn Online”, stated Thomas P. Donaldson, FLMI, CLU, president and CEO of LOMA. “LOMA is the world’s largest provider of education and training to the global insurance and financial services sector. Each year, employees in organizations throughout the world enroll for more than 100,000 LOMA examinations covering insurance and financial services topics. Until now most of this training has been provided through self-study textbooks. TopClass will allow us to leverage our learning development expertise to redeploy our extensive library of award-winning insurance and financial services content in a variety of formats and product offerings previously unavailable to our customers. It will allow LOMA customers to choose topics to meet specific learning needs and to add their own content to create co-branded courses and programs.”

WBT Systems CEO, Declan Kelly, welcomed the launch of LOMALearn Online. “At WBT Systems, we have a successful track record of significantly improving the overall business of professional training organizations (PTOs) and associations through the deployment of customized solutions via the Web. We believe our TopClass platform is ideally suited to the certification, collaboration and lifelong learning needs of LOMA and its members."

About LOMA

Established in 1924, with 1,200 plus member companies in over 80 countries, LOMA is committed to a business partnership with its world-wide members in the insurance and financial services industry to improve their management and operations through quality employee development, research, information sharing, and related products and services. To find out more about LOMA and the learning opportunities it offers, visit LOMA’s Web site at www.loma.org or LOMALearn Online at www.lomalearn.org

About WBT Systems

WBT Systems is one of the leading providers of intelligent learning solutions across the globe. Its solutions help organisations to address the business issues that are imperative to success in an increasingly competitive world. Best of breed solutions include mitigating risk and reducing costs by implementing advanced, robust compliance tracking solutions and driving top-line performance through enabling sales and customer services channels. WBT's implementation experience spans a variety of industries, including financial services, healthcare, government, and pharmaceuticals in blue-chip companies such as ABB, AHIMA, Alexander Forbes, Basler Insurance, Belgacom, Clinphone, Credit Suisse, Diageo, Dow Chemical, Eurocontrol, Husqvarna, Innovatia, Liberty Group, Ryanair, Smith & Nephew, Valero, Volvo CE, World Bank and Zurich Group. WBT Systems is recognized as a leader in both the e-Learning Suite and LMS Magic Quadrant Reports by the Gartner Group. Established in 1995, WBT Systems is headquartered in Dublin, Ireland with offices in the US, Canada, UK, Germany and the Netherlands.

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