Press Release

LEADING NONPROFIT LEARNING TECHNOLOGY COMPANIES MERGE

Isoph and SmarterOrg Join Together to Advance Learning within the Nonprofit Community

Chapel Hill, NC and Washington, DC (October 17, 2002) - Isoph Corporation and SmarterOrg, Inc., the only two companies providing learning and collaboration technologies exclusively for the nonprofit community, have signed a definitive agreement to merge. The combination will bring together both companies' extensive expertise in developing learning applications for growing, sharing, and sustaining organizational knowledge.

Operating under the name Isoph, the combined company will offer nonprofits increased resources, deeper expertise, and a wider variety of cost-effective technology options. Jeff Cobb, Isoph CEO, will continue to lead the combined company, and Celisa Steele will continue as its Chief Creative Officer. Bill Tucker, former SmarterOrg CEO, will join the leadership of Isoph as Chief Knowledge Officer. Isoph is headquartered in Chapel Hill, NC, with offices in Washington, DC, and Los Angeles, CA.

"I'm very excited about the potential that this merger represents," said Cobb. "By combining resources and knowledge, we will be able to offer the most advanced thinking and technology for developing nonprofit-focused online learning and collaboration initiatives."

Tucker adds, "This merger is especially gratifying because of Isoph and SmarterOrg's common values. After collaborating on several projects, we recognized that we shared a mission to foster learning within the nonprofit sector. With this merger, we not only maintain all of our current services, but also look to add additional capabilities to serve the nonprofit community."

Isoph and SmarterOrg both focus on providing learning and collaboration technologies exclusively for the nonprofit community, and the merged company will continue to focus on the social sector market, serving nonprofits, associations, and foundations. The companies have worked with numerous leading nonprofit and philanthropic organizations to develop learning strategies, online courses and seminars, collaboration tools, and training initiatives, including Forum EMPRESA, the Bill and Melinda Gates Foundation, the Peter F. Drucker Foundation for Nonprofit Management, Planned Parenthood Federation of America, CompassPoint Nonprofit Services, and the Hartford Foundation for Public Giving.

About Isoph Corporation

Isoph develops hosted database applications for growing, sharing, and sustaining organizational knowledge. Our technology platform, Isoph Blue, provides an integrated, Web-based environment for creating and managing Web content, online learning, and collaboration. We believe these technologies, when applied strategically, help drive the development of learning organizations. They improve communication, foster informed decision-making, and enable organizations to accomplish more with scarce resources.

Isoph also offers our clients a range of professional services including: strategy development and implementation support, custom content development, technology and platform customization, and database application development. For individuals, we provide engaging, affordable online courses and professional development opportunities.

For additional details on the merger and information on both Isoph and SmarterOrg, please visit http://www.isoph.com and http://www.smarterorg.com.

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Isoph™ and Isoph Blue™ are trademarks of Isoph Corporation. All other products and services are the trademark or registered trademark of their respective owners.