VCampus Corporation (www.vcampus.com), a provider of comprehensive e-Learning publishing and hosting services to corporations, government agencies, professional associations and credentialing organizations, today announced the company’s financial outlook for the third quarter of 2005.

The highlights include: total revenues from Select Partners™ in the third quarter are expected to grow by over 70% compared to the second quarter of 2005; select Partner revenues, as a percent of total revenues, are expected to grow from 17% in the second quarter to 27% in the third quarter of 2005 and total revenues in the third quarter are expected to grow by 35% over the year earlier period, the third quarter of 2004.

In addition, the company noted that over the past two quarters, the Select Partner revenue mix has been expanded to include not only tuition revenues from online certification and continuing education courses developed by Vcampus.

The company reports total revenues from Select Partners as the aggregate of the sources of revenues described above.

“I am delighted that this quarter will add to the revenue momentum of our Select Partner model.  Now that we have launched courses through an additional three partners, which are additive to the revenue generating partners we had in the second quarter, you see not only the potential for increased future revenues, but also that the Select Partner Program continues to grow,” said Nat Kannan, Chairman and CEO of VCampus Corporation.

“The addition of the new Select Partner revenue stream of professional services for course development not only affords us the opportunity to increase revenues, but it also lowers our risk, because such revenues can help us offset our upfront publishing costs,” said Christopher Nelson, Chief Financial Officer.

VCampus Corporation, a provider of comprehensive e-Learning services, helps organizations that offer professional certifications and credentials unlock the value of their traditional branded course content.  Through its innovative Select Partner™ Program, VCampus repurposes value-added training content for online delivery to enhance and support professional development programs.