FOR IMMEDIATE RELEASE -- HAWTHORNE, N.Y. -- Feb. 1, 2005 -- SmartPros Ltd. (AMEX: PED), a leading developer of accredited continuing professional education, today announced that it has engaged Elite Financial Communications Group, LLC, a full service investor relations firm, to launch a comprehensive marketing campaign to increase investor awareness and market support among individual and professional investors, and industry and securities analysts.
SmartPros' executive management team will work closely with Elite to communicate a clear vision of SmartPros' strategic direction, operational and financial performance and ongoing business expertise. In addition, Elite will help the company develop a fully integrated communications program designed to maintain and enhance investor awareness of the Company's growth strategies.
"Elite provides us with the expertise to clearly communicate our strategic vision to our shareholders and the investment community," said SmartPros CEO, Allen Greene. "We feel that Elite's approach complements SmartPros' history and outlook, and together we make a winning team."
Dodi Handy, President and CEO of Elite, stated, "Elite is very pleased to be partnering with SmartPros and looks forward to playing a meaningful role in communicating SmartPros' vision to the investment community who are actively seeking growing, profitable companies to invest in."
About SmartPros Ltd.
Founded 1981, SmartPros Ltd. is an industry leader in the field of accredited professional education. Its products and services are primarily focused in the accredited professional areas of corporate accounting, financial management, public accounting, governmental and not-for-profit accounting, ethics and compliance, and engineering. SmartPros' customers include over half of Fortune 500 companies, as well as the major firms and associations in each of its professional markets. SmartPros provides education and content publishing and development services in a variety of media including Web, CD-ROM and video. Our subscription libraries feature hundreds of course titles and 1,000+ hours of accredited education. SmartPros' proprietary Professional Education Center (PEC) Learning Management System (LMS) offers enterprise distribution and administration of education content and information. In addition, SmartPros produces a popular news and information portal for accounting and finance professionals that services 300,000+ visitors and 100,000+ subscribers per month. Visit: www.smartpros.com
About Elite Financial Communications Group, LLC
Headquartered in Lake Mary, Florida with regional and partner offices in Miami and New York City, Elite Financial Communications Group combines diverse expertise, influence, talent and capabilities to achieve quantifiable results for both publicly traded and privately held companies. Established in December 2001 by a partnership group composed of highly reputable financial, marketing and business experts, Elite is rapidly earning international distinction for challenging industry convention and for taking the lead in establishing best practices for pro-active financial communications, investor relations and strategic resourcing. For more information on Elite, please visit www.efcg.net.
Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements." Such forward-looking statements involve known and unknown risks, uncertainties and other unknown factors that could cause our actual operating results to be materially different from any historical results or from any future results expresses or implied by such forward-looking statements. In addition to statements that explicitly describe these risks and uncertainties, readers are urged to consider statements that contain terms such as "believes," "belief," "expects," "expect," "intends," "intend," "anticipate," "anticipates," "plans," "plan," to be uncertain and forward-looking. The forward-looking statements contained herein are also subject generally to other risks and uncertainties that are described from time to time in our filings with Securities and Exchange Commission
Visit SmartPros' Investor Relations section for additional information.
For more information, please contact:
Shane Gillispie
Vice President, Marketing and eCommerce
SmartPros Ltd.
253-863-8280
shanegillispie@smartpros.com
Andrea Strittmatter
Account Executive
Elite Financial Communications Group, LLC
407-585-1080
ped@efcg.net
