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Red Vector.com Acquires Care2Learn.com

June 1, 2007

While RedVector has traditionally targeted its course library and outsourced e-learning services to the design, engineering and construction industries, the addition of the healthcare-oriented Care2Learn marks a significant expansion into a fast-growing market.

“Care2Learn is RedVector’s first acquisition, and we wanted a company that could benefit from our technology platform and our direct sales and marketing model; as well as one that had a lot of opportunity for growth and enabled us to diversify our client base. Care2Learn’s impressive team, its core values, and the depth and breadth of its online course offerings bring tremendous value to its clients. Care2Learn gives RedVector immediate entrée into the exciting healthcare sector. In addition, our target market just increased from 800,000 potential clients to over 3 million,” said Tom Wallace, CEO of RedVector.

Care2Learn CEO Edie Deane concurs, saying, “Care2Learn and RedVector have tremendous synergies that should enable both companies to accelerate their growth. Working together, we bring together unparalleled e-learning and online course development knowledge and expertise that will provide our clients with a truly robust online educational experience that is both convenient and affordable.”

“Care2Learn will continue to provide services as a separate entity, maintaining its current organizational chart and the same excellent service our customers have come to expect,” said Jeanne Christian, Chief Compliance Officer for Care2Learn. While the two divisions will each continue to operate in their current locations, cooperative efforts in terms of knowledge and technology sharing are already underway. Both companies offer online continuing education courses to individual professionals as well as customized e-learning solutions to corporations. Look for more developments shortly!

About Care2Learn.com
Founded in 2000 by healthcare professionals from the long-term care rehabilitation industry, Care2Learn provides customized learning management systems and content with engaging, affordable, easy-to-use online continuing education. Care2Learn has over 2100 hours of accredited continuing education and 100+ inservices for 16 healthcare disciplines in its content library for its 165,000 users. Care2Learn serves healthcare professionals and their employers in long term care, home care, hospice, and rehabilitation. For further information, visit www.Care2Learn.com.

About RedVector.com
RedVector.com, Inc. (www.RedVector.com) sets the standard for excellence and innovation in online education for the engineering, architectural, interior design, construction, land surveying, building inspection and landscape architecture industries. Its course library boasts more than 900 online courses authored by more than 100 subject matter experts. So far more than 41,000 architects, engineers and contractors have chosen to bolster their knowledge and earn certificates by taking RedVector courses. The company was declared one of Tampa Bay’s Best Places to Work 2006 by the Tampa Bay Business Journal. Founded in October 1999, RedVector has grown from a modest idea for filling a growing need to a multinational venture that attracts over a million unique visitors annually from 50 states and 22 countries. RedVector is headquartered in Tampa, Florida.

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Kelly Conlon
Marketing Communications Manager
Red Vector
Two Urban Centre
4890 W. Kennedy Blvd.
Suite 740 Tampa, FL 33609
(P/F) 813.217.9020

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