Broadband Learning Corporation

Broadband Learning Corporation

January 26, 2007 12:51 ET

Broadband Learning Corporation Announces Appointment of New CEO

SALT LAKE CITY, UTAH--(CCNMatthews - Jan. 26, 2007) - Broadband Learning Corporation ("Broadband Learning")(TSX VENTURE:BLC), a participant in the rapidly expanding distance learning market, today announced the appointment of Robert C. Dameron as Chief Executive Officer. Edwin Giles will continue as President in an operating and sales capacity. Until recently, Mr. Dameron was President and CEO of OTG Financial Inc. (previously known as Ontario Teachers' Group Inc.), a teacher based mutual fund company whose revenues and client base doubled in less than 4 years under his direction. Mr. Dameron has also been Vice President, Financial Services at CE Network Inc. (as part of executive start-up team that created Canada's first on-line continuing education portals for financial and real estate professionals), Regional Vice President, Ontario, of Investors Group Financial Services and Director of Corporate Training & Education at The Toronto Stock Exchange (now known at the TSX Group).

"We are very pleased to have Bob join the Broadband Learning team" said John Yarnell, Chairman of Broadband Learning. "In the period during which he has acted as a consultant, the focus on execution of the business plan that he has brought to the company has already provided substantial payoff."

At a recent meeting of Broadband Learning's Board of Directors, the resignation of David Peterson as a director was accepted with regret. Mr. Peterson's contribution has been greatly appreciated; however he found his increasing public service commitments required that he adjust his directorship responsibilities.

About Broadband Learning Corporation

Broadband Learning Corporation produces, delivers, supports and manages distance-learning content needed by professionals, corporations and, ultimately, consumers. The distance learning market is experiencing rapid expansion; particularly in the area of continuing education for licensed professionals where Broadband Learning has a particular focus. Using proprietary technology and nationwide distribution capabilities, Broadband Learning provides the professional development market with a patented Internet-based learning system with on demand flexibility, rich multimedia educational resources, and administrative management capabilities. This enables training companies, instructors and content providers to protect their intellectual properties and realize a significant expansion of their reach. Broadband Learning serves North America and many points around the world from its offices in Salt Lake City, Utah. Many of Broadband Learning's products are delivered under the "Broadband University" trade name.

This press release may contain forward-looking statements relating to, among other things, Broadband Learning's expectations concerning future product demand and growth opportunities and customer acceptance of its products. These forward-looking statements are neither promises nor guarantees, but involve risks and uncertainties that may cause actual results to differ materially from those in the forward-looking statements. Broadband Learning disclaims any obligation to publicly update or revise any such statements.

This news release will not constitute an offer to sell or the solicitation of any offer to buy the securities in any jurisdiction. The securities offered will not be and have not been registered under the United States Securities Act of 1933 and may not be offered or sold in the United States.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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