FOR IMMEDIATE RELEASE

ClassTop Moves to Enable Growth of Distance Learning for Colleges and Universities.

Company sets sites on facilitating online course management and the $11 billion online higher education market


OREM, Utah - June 27, 2006 - ClassTop today officially opened its doors to facilitate online course management for post-secondary instructors and to pursue a piece of the $11 billion online higher education market. ClassTop was formed in January 2006 after research showed that less than 30 percent of purchased Learning Management Systems (LMSs) used by higher education institutions are being adopted by instructors today. The research identified low adoption rates of LMSs as the number one roadblock stalling the growth of online education initiatives at colleges and universities. The company has worked with instructors, instructional designers and CIOs at universities to develop a solution that empowers higher education institutions to deliver on the promise of online learning by increasing the use of their existing LMSs.

LMSs are online software applications that allow instructors to post content, quizzes, assignments and other class-related communication for student access. With the growing interest from universities in online education and distance learning, LMSs play a critical role in keeping instructors and students on the same page.

"The instructors, CIOs, and instructional designers we interviewed at more than 40 universities said that their LMSs are prohibitively time consuming to use," said Jared Allgood, chief executive officer of ClassTop. "LMS administrators affirm that only a small percentage of instructors actually use their LMS to manage their courses. Instructors who do incorporate an LMS into their classrooms only use a fraction of its functionality, and as a result, neither the students nor the instructors are truly benefiting from the many advantages of online learning. ClassTop bridges the gap between a university's implementation and an instructor's adoption of learning management systems by allowing instructors to work in a comfortable client-side software environment and then synchronize their work with the LMS. Our customers call the process: 'Drag, drop, done.'"

Allgood continued. "According to some industry analysts, the online education market was expected to reach $11 billion in 2005. It is clear that colleges and universities are investing heavily in their online education capabilities and they fully understand the revenue potential of increasing online courses for students. Without ClassTop facilitating the use of existing LMSs, schools will not achieve the adoption rates they need to deliver online/distance learning nor justify the significant investment in the LMS. Given the right tools, instructors can manage more classes and universities can increase full-time enrollments. E-learning allows universities to increase the number of students and revenues without significantly increasing their overhead."

ClassTop's technology, which will be available in the third quarter of 2006, will facilitate online and distance learning and help solve instructors' single greatest pain point.

"Instructors tell us they don't want to change the way they work," said Jayson Ahlstrom, president of ClassTop. "Making the jump to online learning is intimidating in many ways. We developed ClassTop so that instructors don't have to change the way they work, but they still get all the benefits of posting online learning content. We will revolutionize how people use learning management systems by delivering innovative solutions that enhance traditional classroom learning and enable true online distance learning."

About ClassTop
ClassTop is an enterprise application provider targeting the postsecondary education market. The company's client-side software application facilitates and synchronizes content changes to existing learning management systems, and enhances the usability, functionality and reach of the hundreds of LMS extenders. ClassTop is a privately held start-up company based in Orem, Utah. For more information on ClassTop, please visit www.classtop.com

Media Contact: Kevin Wilson, kwilson@kevinwilsonpr.com, 513.898.1008

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