SOURCE: Digital Learning Management Corporation

July 10, 2006 17:40 ET

/ CORRECTION - Digital Learning Management Corporation Board of Directors Approves a 3 for 1 Forward Stock Split

FULLERTON, CA -- (MARKET WIRE) -- July 10, 2006 -- In the news release, "Digital Learning Management Corporation Board of Directors Approves a 3 for 1 Forward Stock Split," issued earlier today by Digital Learning Management Corporation (OTCBB: DGTL), we are advised by the company that the first sentence of the second paragraph should read "July 24" rather than "July 7" and the second sentence of the second paragraph should read "July 24" rather than "July 28" as originally issued. Complete corrected text follows.

Digital Learning Management Corporation Board of Directors Approves a 3 for 1 Forward Stock Split

FULLERTON, CA -- July 10, 2006 -- Digital Learning Management Corporation (OTCBB: DGTL) announced that the Board of Directors of the company, at a special meeting held Friday, July 7, 2006, approved a 3 for 1 forward split of the company's common stock.

Stockholders of record on July 24, 2006, at 5:00 p.m. Eastern Daylight Savings Time, will receive three (3) shares of common stock for each share of common stock held on that date. The forward stock split will be effective on or about July 24, 2006, at which time the additional shares will be credited to the shareholders' accounts.

Digital Learning's CEO, Craig Nagasugi said, "This forward split is part of our ongoing efforts to improve trading liquidity, promote capital investment and enhance shareholder value; and thereby enable the company to more readily raise the capital we believe is necessary to implement our business plan."

About Digital Learning Management Corporation:

Digital Learning Management Corporation (OTCBB: DGTL) (www.dlmcweb.com) is a provider of learning solutions for e-Education. Digital Learning offers a complete suite of products and services that power e-Education programs for a very broad set of markets such as corporate e-Learning, higher education, government and international. Its comprehensive "out-of-the-box" virtual learning solutions (www.vusonline.com) deliver on the promise of the Internet and help create 100% Web-based virtual learning environments for online teaching and learning, online examinations, online collaboration, campus commerce services, and integration of Web-enabled student services and back office systems.

Forward-Looking Statements:

This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from any future results described within the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

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