updated 6/2/2011 3:15:54 AM ET 2011-06-02T07:15:54

HAWTHORNE, N.Y., June 1, 2011 (GLOBE NEWSWIRE) -- SmartPros Ltd. (Nasdaq:SPRO), a leader in the field of accredited professional education and corporate training, today announced the formal launch of its new SmartPros® eCampus™ Learning Management System, a robust platform and toolset for managing and deploying corporate training and accredited continuing education programs in multiple formats, including interactive text, pre-recorded Flash and video-based course modules, and live or recorded Webcasts.

SmartPros eCampus was designed to meet the needs of its clients of all sizes, including individual retail customers, Fortune 1000 companies, as well as major firms and associations in each of its professional markets. SmartPros eCampus can be custom branded for any client and features student management and tracking for any size enterprise or association, video and/or multimedia course development tools, testing and survey components, student training and continuing education curriculum tools, and an e-commerce engine for clients wishing to resell online or offline training materials.

"SmartPros eCampus is a best-of-breed Learning Management System designed to keep us in the forefront of the ever-changing demands of the corporate training and accredited education marketplace," said Allen Greene, SmartPros' Chairman and CEO. "SmartPros' beta version of eCampus recently won a prestigious technology award that I believe highlights our ongoing commitment to our core technologies. We find it fitting that SmartPros launched eCampus in the same year that SmartPros celebrates its 30th anniversary in business."

eCampus stands out from other LMS systems in its ability to service vertical markets that may require continuing professional education. SmartPros delivers over 2,000 off-the-shelf learning modules for the accounting, finance, insurance, banking, legal, IT and engineering marketplaces.

eCampus is immediately available for licensing to any enterprise looking for a cost-effective Learning Management System. Customers can use built-in tools to develop and publish their own course catalogs and courseware, and may also choose to augment their training solutions with SmartPros' accredited courseware.

"SmartPros eCampus is brandable for any enterprise-level organization, and is delivered in a cloud-based hosting environment that requires little to no IT commitment at the client level," said Joseph Fish, SmartPros' Executive Vice President and CTO. "eCampus is both SCORM and AICC compliant, multilingual, and capable of serving training modules from any modern content development platform."

SmartPros, which currently hosts over one million student profiles, has begun migrating its clients to its new platform.

SmartPros eCampus is available today by going to www.smartpros.com/eCampus

About SmartPros

Founded in 1981, SmartPros Ltd. is an industry leader in the field of accredited professional education and corporate training. 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, financial services, banking, engineering, legal, ethics and compliance, and information technology. SmartPros is a leading provider of professional education products to 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, video and live seminars and events. Our subscription libraries feature hundreds of course titles and 2,300+ 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 serving more than one million ads and distributing more than 200,000 subscriber email newsletters each month. SmartPros' network of Web sites averages more than 900,000 monthly visits, serving a user base of more than one million profiled members. Visit: www.smartpros.com

The SmartPros logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2586

Safe Harbor Statement

Statements in this press release that are not statements of historical or current fact constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve risks and uncertainties, including activities, events or developments, that the Company expects, believes or anticipates will or may occur in the future. 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 the Company's filings with Securities and Exchange Commission. Specifically, results reported within this press release should not be considered an indication of future performance.

CONTACT: Shane Gillispie - SmartPros Ltd. 914-829-4974
         shanegillispie@smartpros.com

© Copyright 2012, GlobeNewswire, Inc. All Rights Reserved

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