VCampus Awarded $2 Million Contract to Support Department of Veterans Affairs Web-Based Training Initiatives

  
    
  
  
    
      VCampus Corporation (OTCBB:VCMP.OB), a leading provider of 
      technology-based learning solutions for corporations, government 
      agencies and associations, today announced that the Department of 
      Veterans Affairs has awarded a contract to VCampus to support its 
      Web-based training initiatives through the operation of VA Learning 
      Online (VALO). Additionally, the contract provides for the development 
      of a Veterans e-Learning Online (VeLO) pilot program that provides 
      selected veterans with vocationally relevant online training 
      opportunities. The value of the contract to VCampus is approximately $2 
      million.
    
    
      Under the terms of the contract, VCampus will design, deploy and host VA 
      Learning Online (VALO), an online learning environment that makes 
      VA-provided or -developed courses, together with VCampus' certification 
      preparation and other courses from its library, readily available to up 
      to 350,000 VA employees, contractors, volunteers and veterans at all VA 
      locations. VALO, first implemented VA-wide in 2002 through VCampus, has 
      become a stable pillar of the VA’s educational 
      activities.
    
    
      The contract also provides for VCampus to design, deploy and host a 
      Veterans e-Learning Online (VeLO) pilot program for veterans in the 
      Compensated Work Therapy/Transitional Residence Program. The goal of 
      this program is to provide veterans with the opportunity to increase the 
      knowledge and skills necessary to gain employment through access to a 
      library of vocationally relevant online courses.
    
    
      The VA contract underscores VCampus' continued support of online 
      learning initiatives in the federal government. The Social Security 
      Administration, Department of Homeland Security and General Services 
      Administration are among the numerous government agencies that have used 
      the VCampus Learning Management System to support their human capital 
      management initiatives.
    
    
      "VA's vision to increase the quality of its workforce and help establish 
      the Department as an employer of choice through e-Learning is exactly on 
      target with the intent of Executive Order 13111," said Ronald E. 
      Freedman, VCampus Senior Vice President of e-Learning Solutions. 
      "VCampus' full-service e-Learning model, which meshes the 
      rapid-implementation processes of an outsourced solution with a heavy 
      emphasis on service and flexibility, is an excellent fit for the needs 
      of the federal government. We back this up with over a decade of solid 
      experience delivering e-Learning, giving agencies confidence in the 
      long-term success of their programs.
    
    
      “We are truly excited to be working with the 
      VA in piloting the Veterans e-Learning Online (VeLO) program. With the 
      large numbers of veterans returning from tours of duty in Iraq and 
      Afghanistan, it is increasingly important that we utilize the best 
      technology to assist them as they re-enter the workforce. We are very 
      optimistic that the VeLO pilot will demonstrate the value of online 
      training in achieving this vital goal.”
    
    
      About the Department of Veterans Affairs
    
    
      The Department of Veterans Affairs (VA) was established on March 15, 
      1989, succeeding the Veterans Administration. It is responsible for 
      providing federal benefits to veterans and their families. Headed by the 
      Secretary of Veterans Affairs, VA is the second largest of the 15 
      Cabinet departments and operates nationwide programs for health care, 
      financial assistance and burial benefits.
    
    
      Of the 24.3 million veterans currently alive, nearly 
      three-quarters served during a war or an official period of conflict. 
      About a quarter of the nation's population, approximately 63 million 
      people, are potentially eligible for VA benefits and services because 
      they are veterans, family members or survivors of veterans.
    
    
      The responsibility to care for veterans, spouses, survivors and 
      dependents can last a long time. Five children of Civil War veterans 
      still draw VA benefits. About 440 children and widows of 
      Spanish-American War veterans still receive VA compensation or pensions.
    
    
      VA's fiscal year 2005 spending was $71.2 billion — 
      $31.5 billion for health care, $37.1 billion for benefits, and $148 
      million for the national cemetery system. President Bush sought $73 
      billion in the fiscal year 2006 budget for VA, a $1.8 billion increase 
      in budget authority, primarily for health care and disability 
      compensation.
    
    
      About VCampus®
    
    
      VCampus Corporation (OTCBB:VCMP.OB) provides, through its E-Learning 
      Solutions division, comprehensive professional development learning 
      services to government agencies and corporations. Services include 
      learning management systems, custom course development, online 
      assessment tools, hosting, e-commerce and complete e-Learning solutions. 
      VCampus is a leading online learning provider for the U.S. government 
      and hosts one of the world’s largest learning 
      portals for a major U.S. government agency serving 250,000 employees. 
      VCampus has more than a decade of e-Learning experience and has 
      delivered more than 3.1 million courses to more than 1.1 million 
      desktops/users. VCampus distributes a courseware library of more than 
      3,900 Web-based courses.
    
    
      VCampus also offers leading certification programs in Web-technologies 
      through its Prosoft Learning division and provides publishing and online 
      hosting services to globally branded financial and IT professional 
      certifying bodies such as CFA Institute, Institute of Management 
      Accountants, (ISC)2 and ISACA through its 
      Publishing division. VCampus Corporation is headquartered in Reston, Va. 
      For more information, call 800-915-9298, or visit the VCampus Web site 
      at www.VCampus.com. "VCampus" is a 
      registered trademark of VCampus Corporation.
    
    
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