Tuesday, June 8, 2004

Athena Announces New Corporate Governance, Sarbanes-Oxley Series; AthenaOnline Partners with The Value Alliance to Release Over 150 New Video Briefings

Athena Announces New Corporate Governance, Sarbanes-Oxley Series; AthenaOnline Partners with The Value Alliance to Release Over 150 New Video Briefings

AthenaOnline announced today that it has partnered with The Value Alliance Company to build a knowledge base of short briefings on corporate governance, value, Sarbanes-Oxley, and business ethics. The briefings, called SmartBytes™, use audio, video and animation to help explain the intricacies of some of the issues and regulations that organizations are wrestling with.

Oakland, Calif. (PRWEB) July 19, 2005

AthenaOnline (http://www. athenaonline. com) announced today that it has partnered with The Value Alliance Company (http://www. thevaluealliance. com) to build a knowledge base of short briefings on corporate governance, value, Sarbanes-Oxley, and business ethics. The briefings, called SmartBytes (http://www. athenaonline. com/us/demo. asp)™, use audio, video and animation to help explain the intricacies of some of the issues and regulations that organizations are wrestling with.

"I am pleased to be partnering with AthenaOnline, whose pioneering work in education and information delivery is highly praised," states Eleanor Bloxham, CEO of The Value Alliance and Corporate Governance Alliance. "As information speed increases, too many boards and executive management teams feel the pressure of information overload. In addition, they face rapidly changing information requirements, influenced not only by globalization and regulation, but also by the changing relationships between corporations and their constituents. With AthenaOnline, our objective is to cut through the information overload and provide boards, organizations and institutional investors the insights vital to making value-creating decisions. We will be providing a convenient way for management and boards to access an ongoing and vital reference, keep up-to-date on current trends and practice alternatives, and explore the views of a variety of thought and business leaders, including other directors who sit on boards."

The series, with topics ranging from board functions to value and governance, will provide the first-ever on-demand value and governance information. Ms. Bloxham will be joined by other nationally known business and thought leaders, corporate board members, institutional investors, government officials, senior auditing professionals and executives who will be a part of the program.

"The expertise of Eleanor Bloxham in the areas of value and corporate governance is well recognized," says Jon Peters, CEO of AthenaOnline. "We had recently worked with Ms. Bloxham to release 26 video briefings on Sarbanes-Oxley for AthenaÂ’s general business content area and the feedback was incredible. There is a tremendous need for people, especially at the senior levels, to get a better understanding of the issues surrounding governance and compliance - this new series will go even further to help address that need."

The AthenaOnline platform provides quick and easy access to knowledge with relevant search functions, and content driven by the requests and changing needs of subscribers. The new series will be available as a stand-alone program or in addition AthenaÂ’s current business knowledge base, which includes over 1,000 video briefings on subjects from creativity to organizational strategy. Athena anticipates that the new corporate governance series will be available in September. Current Athena customers include organizations such as FiremanÂ’s Fund, Manulife, Aramco, New York Life, the Government of Ontario, and Moneris Solutions.

For more information on this release contact AthenaOnline at 510-302-0538.

SmartByte is a registered trademark of AthenaOnline. com.

"Safe Harbor" Statement Under the Private Securities Litigation Reform Act. The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties related to contract cancellations, competitive factors, uncertainties pertaining to customer orders, demand for products and services, development of markets for the Company's products and services and other risks identified in the Company's filings. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Readers are encouraged to refer to the risk disclosures described in the Company's reports on Form 10-K, 10-Q and 8-K, as applicable.

This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www. HRmarketer. com) on behalf of the company listed above.

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