The KnowledgePlanet 1999 and 2006 Investor Presentation that enabled the company to raise $67 million

1. Slides from 1999 Investor Presentation

3. Source: W.R. Hambrecht & Co Content Technology Services Total eLearning Segments

5. Knowledge Universe HarbourVest Partners, LLC Investors

6. Clients Financial Services General Industry Healthcare Professional Services High Tech

7. Partners

8. Partners

14. Unleashing the Killer App

18. Zurich Cumulative Orders ($000s)

20. Selected Slides from 2006 Investor Presentation Notice Company Progress – “ Achieving Profitability while LMS competitors lose money”

21. Analyst Briefing January 2006

23. Unparalleled Experience 2003 2002 2001 2000 1986 2005 Client base of 150 across the globe 2 Million outsourced registrations Launched Training Administration Services – 4 major companies live KP live in over 100 countries & 10 languages 1 Million managed learners Company founded by Chairman and CEO Alan Todd Innovation Stability & Growth 1998 1996 1994 2005 Launched the first one-price, bundled Training Back Office solution “ Leader” in Gartner Magic Quadrant Report for 5 th consecutive year Developed first Competency and Performance Management Systems Developed first 100% Web-based Learning Management System Developed first client/server “Learning Management System” to support growing national training business 2004

25. Global Enterprise Deployments KnowledgePlanet’s Top 15 Enterprise Clients Total Combined Users: 686,500 Average User Population: 45,767 Total Revenue Generated: $58.9M Average Revenue: $3.9M

26. Top 15 Customer Metrics 11.8 Registrations every minute 7.23 Courses Delivered every minute

31. Leading Global Clients

32. Customers By Industry Health Care Government Professional Services Financial Services High Tech Department of Housing & Urban Development New York City Human Resources Administration Alameda County (CA) Office of Education Boeing Canadian Ministry of Finance Carney Interactive City of Calgary Defense Security Service Academy Flemish Government Freddie Mac Government of Canada, PWGSC Homeland Security Joint Forces Staff College Kroll Government Services State of Texas United Nations Development Programme Wisconsin Court System Agilent Technologies, Inc. AMX AT&T Wireless Atlanta Gas & Light Automatic e-Learning Borland Software Brocade CareScience (Quovadx) Cerner Corp. CSG Systems EMC Corporation Fairchild Semiconductor Fox Performance Design / Cisco INEA Corporation Information Experts Itron Inc. KLi Learning Kyocera Mita Learnsoft NEW Corp. NOVA Information Systems PracticeWorks Redemtech RSA Security SGI Soft Computer Consultants T-Mobile USA, Inc. Ultimate Software Verizon Wireless webMethods Baxter Healthcare Baystate Health Systems Cambridge Health Alliance Child Health Corporation of America Chiron Emory Healthcare Mills-Peninsula Health Services Pfizer Health Solutions Presbyterian Healthcare Services Spectrum Healthcare St. Mary’s Health Network Starkey Labs UC Davis Medical Center University HealthSystem Consortium Woodhull Medical Center Wyeth Pharmaceuticals Aetna Bank of America Bank of Montreal Institute for Learning BMW Financial Services Brown Bros. Harriman California Casualty Canadian Imperial Bank of Commerce Capital One CIGNA Comerica Credit Suisse First Boston Depository Trust & Clearing Corp. Empire Blue Cross Blue Shield Farmers Insurance Group Fidelity Investments Fifth Third Bank GMAC Insurance Goldman Sachs Guy Carpenter HSBC IXIS Asset Management Advisors Group Marsh, Inc. Mellon Bank N.A. National City Corporation Northwestern Mutual Old Republic Title Insurance Group PFPC PNC Bank Provident Bank Prudential Financial Regions Bank Safeco Scotiabank Sedgwick CMS Sun Life Financial TD Waterhouse The Hartford Wachovia Corporation Washington Mutual Zurich Financial Services American Management Systems, Inc. Convergys Corporation CSC Deloitte Consulting Mercer Human Resource Consulting Perot Systems Government Services Pinnacle Performance Group SI International General Industry America Online, Inc. Arthritis Foundation Cadbury Schweppes CDW ChevronTexaco Corporation Childtime Learning Centers, Inc. Church of Jesus Christ of Latter-day Saints Colorado Virtual Academy Davis Wright Tremaine LLP ExxonMobil Gilbane Gordon Food Service Hallmark Johnson Controls Lubrizol Corporation Miller Brewing Company MTA Nielsen Media Research Philip Morris Polar Bear Corporate Education Solutions Ropes & Gray, LLP RR Donnelley Sears Technically Training Trainingwell TransCanada The TruGreen Companies Tweeter University of So. Maine Vulcan Materials Co. WinWholesale Inc. American Family Insurance Northern Trust Palm Desert National Bank IBM Canada Ltd. Invitrogen Clarian Health Partners TransHealthcare Port Authority of New York & New Jersey Nokia Parsons Brinckerhoff Siemens Power Transmission & Distribution US Foodservice Paychex

33. A Fully Integrated Solution Model

35. Ease of Use / Turnkey Learning Content Technology Suite KP Custom Content Managed System Performance Administer Learner Data Deliver Learning Track Learner Performance Measure & Report Results Flexible Content Development Options Hassle-free, Stable, Secure, Managed Technology Platform Ongoing Solution Administration Services & Best Practices Toolkit eLearning Marketplace Solution Administration Services Best Practices Toolkit Deliver, Track & Measure Learning 1 2 3

36. Efficient Delivery Model Software & Services $ ON-DEMAND IN-HOUSE Implementation Costs: 16% Reduction Operational Costs: 60% Reduction Administrative Overhead: 30-40% Reduction Source: Bersin, 2004 Software Hardware Databases DBA Facilities Upgrades & Maintenance

38. Addresses Global Enterprise Needs KnowledgePlanet supports learning in 160 countries around the world. Highlighted in green Seamless integration with your other business applications Stable, secure, high-bandwidth platform – 1.5 Million learners to date Managed system performance – no hardware or software maintenance required Global reach – localization in 10 languages

40. E-Learning Market Analysis

41. Large, Growth Market Opportunity E-Learning Suites and Management Systems Software Forecast, 2004-2009 (Millions of Dollars) 15.6 % CAGR Source: Gartner, 2005