HAWTHORNE, New York. - May 29, 2001 - KeepSmart, a leader in continuing education for professionals, including corporate accountants, public accountants, engineers and lawyers, has completed the purchase of the course content and assets of Pro2Net Corporation. Pro2Net has over 2000 hours of accredited continuing education courses and over 100,000 subscribers. Pro2Net offers its courses through its e-learning portal www.pro2net.com, which has averaged over 200,000 monthly visits.

KeepSmart plans to rejuvenate the Pro2Net website with new and exciting content by June 15th. Allen Greene, KeepSmart's CEO, stated, "This is a very exciting development for KeepSmart and the professionals we serve. Our clients will now be able to access one source for both our industry leading subscription-based programs and skills-based Pro2Net courses."

KeepSmart will integrate the skills-based Pro2Net courses with its very successful, existing FMN (Financial Management Network, www.fmnonline.com) and CPA Report (www.cpar.com) subscription programs, which are used by over 50,000 professionals. These KeepSmart CPE (continuing professional education) update programs are currently provided to Fortune 1000 companies, public accounting firms and governmental agencies. KeepSmart current products are delivered both on videotape and streaming media on the web. Customers are offered a choice of online, video or both. Each month 10 new courses (one hour segments) are added to FMN and CPA Report. Subscribers can provide CPE to their staff in group study sessions at the office, as well as allow distance learners to access programs with similar content, anytime, anywhere.

Dr. William Grollman, President of KeepSmart, stated, "Pro2Net content is a strategic acquisition for us. We can now offer a balance of our acclaimed FMN and CPA Report update CPE training, combined with skills-based training courses acquired from Pro2Net. With this stable of products KeepSmart will be the leading provider of continuing education for the more than 2,000,000 accounting and finance professionals in the U.S."

About KeepSmart
KeepSmart Inc., formerly CVE, is a leader in online and offline continuing education for professionals. With over 2,200 hours of content, KeepSmart has been providing mandatory continuing education products since 1981. KeepSmart has experts in the fields of Corporate Accounting, Public Accounting, Law and Engineering. KeepSmart provides services and content to its professional and corporate clients, in a variety of media including Web, CD ROM, and video. KeepSmart's customers include 45% of the Fortune 500, as well as the major firms and associations in each of its vertical markets. Some of the well established KeepSmart products include: FMN and FMN Online, PE Exam Review Course for Civil Engineers, CPA Report and Safe R+:Reinforcement Based Safety. KeepSmart has its headquarters at 12 Skyline Drive, Hawthorne, NY 10532. Phone: 914.345.2620. Fax: 914.345.2660.