CTRA Centra Software (MM)

Centra Software, Inc. (NASDAQ: CTRA), a leading provider of software and services for online learning and training, today announced that Capitol College, a leading independent college dedicated to engineering, computer sciences, information technologies and business, has adopted Centra as their core eLearning tool for all graduate programs. Centra's solution for online learning and training is a blended eLearning delivery solution that helps organizations lower training costs, enhance productivity and accelerate knowledge transfer across the extended enterprise. By implementing Centra's online learning solution in 2002 as their key teaching tool for graduate studies, Capitol College has increased the number of online classroom sessions from 1-2 per night to a maximum of 10 classroom sessions per night. This has allowed Capitol College to expand their overall course offerings, while also improving the quality of the online classroom sessions. With the freedom to offer multiple sessions per night, Capitol College now limits the number of session attendees to 25 students, allowing for a more personalized classroom experience. "Having fewer students attend each Centra session gives us the opportunity to mirror the in-classroom experience to a greater degree," explained Dianne Veenstra, Vice President for Information and Outcomes Assessment at Capitol College. "The smaller sessions give instructors more of a chance to foster one-on-one relationships with students, which was our goal when we initially chose Centra as our online learning solution." Now that Capitol College has firmly established its online learning structure for all graduate programs, the college plans to offer a hybrid learning environment for undergraduate studies this summer. Capitol College will offer an advanced math course where the face-to-face sessions will alternate between Laurel, Maryland and their satellite campus in Southern Maryland. This hybrid online course will be taught this summer, alternating each week between Capitol College's main campus and their satellite campus using Centra. "Centra provides us with a sense of dependability that other Web conferencing solutions did not offer," said Veenstra. "Knowing that our students can easily adapt to using Centra has opened the door for us to expand online courses to our undergraduate classes." Not only have Capitol College administrators and instructors embraced Centra for online learning sessions, students have flocked to the college specifically to enroll in their graduate programs. Since implementing Centra nearly three years ago, Capitol College has seen an upsurge in online classroom attendance which Veenstra credits to the reliability and functionality of Centra's software. Graduate student Melissa Grill, who is currently pursuing her Master's degree in Information Telecommunications Systems Management, -has found great success during the past two years in the Capitol College graduate program .. "Centra is such an exciting platform to use. The sense of the 'real' classroom experience is exactly what I need," explained Grill. "The interactivity of the Centra sessions addresses my need to converse with classmates and to ask questions of the instructor, just like in a real-time classroom environment. And, since I can attend the sessions at home, it provides me with the flexibility to work full-time while simultaneously working towards my graduate degree." Centra is designed as a complete eLearning delivery solution for continuous individual development and accelerated knowledge transfer. Centra's online learning and training solution provides capabilities that capture, share and manage information and skills in a variety of formats to meet the requirements of specific learners or job tasks. Centra enables customers to gain knowledge of new products and services and solves critical collaboration requirements around corporate eLearning programs, corporate universities, new employee orientation, soft skills training, executive education and HR benefits and policy updates. About Capitol College Capitol College is a small, independent college in Laurel, Maryland, providing innovative programs integrating engineering foundations, technology and business applications. Founded in 1927, Capitol has a student body made up of goal-oriented students and working professionals with focused academic and career interests. Capitol's education integrates knowledge and its application in a supportive environment of expert faculty, staff and fellow students. Graduates from Capitol College are leaders in business, government and the community because they leave Capitol with a solid understanding of academic theory as well as a practical ability to make things happen. Learn more about Capitol College at www.capitol-college.edu. About Centra Online learning and training solutions from Centra create workforce efficiencies and enable organizations to share and exchange business-critical information with geographically distributed customers, partners, prospects and employees. Centra enables groups to work faster and more effectively by automating critical learning and training initiatives online through virtual classrooms, online meetings and Web conferences. From enterprise-application training and support to workforce development and more, Centra's software and services help organizations deliver critical information and skills to support their most challenging business initiatives. Currently available in nine languages, Centra solutions can be deployed as on-site software or through its ASP service. Organizations across every major industry and market sector choose Centra, including Wyndham International, Weyerhaeuser, Underwriters Laboratories, BMW and Stanford University. Headquartered in Lexington, Massachusetts, Centra serves a worldwide customer base throughout the Americas, Europe, Asia and Australia. For more information, visit www.centra.com. Safe Harbor Statement Regarding Forward-Looking Statements With the exception of the historical information contained in this release, the matters described herein contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements about the beliefs and expectations of management regarding the Company's future performance, the Company's strategic initiatives, its ability to achieve and maintain a leadership position in conferencing and collaboration, demand for the Company's software services and management's goals and objectives regarding future results of operations. These statements reflect management's beliefs and expectations as of the date of this statement, and involve risk and uncertainties that may cause actual results, events and performance to differ materially. These risk factors include, but are not limited to, risks associated with the Company's ability to successfully execute its strategic plan, the effect of the Company's cost-cutting measures on its operations, uncertainty of market reaction to the Company's sales and marketing efforts, product demand for and market acceptance of the Centra 7.5 platform, the possibility of defects in our products, which could delay or prevent market acceptance of such products, the Company's ability to sell and deliver its online learning and training solutions, add-on modules and other future products, the effect of economic conditions generally on the market for IT spending and for the Company's products, the impact of competitive products and pricing, technological difficulties or other factors outside the control of the Company. There is no assurance that the Company will be able to implement its growth and operating plans as anticipated, or achieve its revenue and earnings goals. For a description of additional risks, and uncertainties, please refer to the Company's filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2004 and its Form 10-Q for the three months ended March 31, 2005, which are available at www.centra.com/investorrelations. Readers are cautioned not to place undue reliance on the forward-looking statements contained herein, 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. Centra is a registered trademark of Centra Software, Inc. All other trademarks referenced herein are the property of their respective owners.