Press Release

20 May 2005

TRAINEASY LTD TO PROVIDE eLEARNING EXPERTISE TO LOYALTYNET

Loyaltynet will be working with eLearning specialist Traineasy in order to deliver 'blended' incentivisation and training programmes.

About Traineasy

Traineasy was formed in 1999 with the sole aim of providing elearning content and LMS solutions. Their staff have a wide range of experience and excellent skills in the area of distance learning. Traineasy provides a one stop content development solution for clients and ensure the highest quality by carrying out all development work in-house. Traineasy include the following organisations amongst their list of well-respected and professional clients - Lloyd's Register of Shipping, WIPO (United Nations), Microsoft, ICAEW, The National Audit Office, AXA Sunlife and many others. Traineasy is a privately funded company with offices in Surrey, England and Guernsey.

About Loyaltynet

Loyaltynet, a loyalty system specialist, was founded in 2004 to help companies achieve greater sales by incentivising their dealers, resellers and partners. The Loyaltynet system allows companies to run their own branded sales incentive schemes as an extension of their portal or web site. The system also blends e-learning into the incentive scheme based on its 'Learn to Earn' programme, which encourages key partners to learn more about the company's products and services, as well as helping improve sales and customer service effectiveness.

At the start of a project Loyaltynet works closely with clients to ensure that the loyalty programme is aligned to corporate goals. It then provides a full outsourcing programme including system configuration, hosting, administration and member support.