Association for Financial Professionals and Vcampus Debut Online Education Classes for Certified Treasury Professional (CTP) and Certified Cash Manager (CCM) Recertification

New Course In Series of Online Learning Opportunities Now Available

Bethesda, MD – January 12, 2005 – The Association for Financial Professionals (AFP), the leading global association for corporate finance and treasury professionals, and VCampus Corporation (NASDAQ: VCMP), a provider of comprehensive e-Learning publishing and hosting services to corporations, government agencies, associations and higher education organizations, today announced the debut of AFP’s online continuing education courses designed to support the recertification requirements of the Certified Treasury Professional (CTP) or its predecessor, the Certified Cash Manager (CCMSM) credential.

The new course, Technology Innovations to Enhance Cash, is the first in a series of online courses being jointly developed by AFP and VCampus as part the VCampus Select Partner™ Program. The online curriculum, being developed with content from AFP’s Annual Conference sessions and created by leading financial and treasury industry experts, will support the more than 16,000 individuals who have earned either the CTP or CCM credential. Technology Innovations to Enhance Cash will provide two continuing education credits toward the 36 credits a CTP or active CCM must earn during the three-year recertification cycle. The course is available to individuals for $75.00 through the AFP Online Continuing Education CenterTM (www.vcampus.com/afp) with AFP member discounts available.

“We are exceedingly pleased with the quality of Technology Innovations to Enhance Cash and believe that this first course, along with the entire online learning curriculum, will provide tremendous value to CTPs/CCMs seeking low-cost, convenient continuing education,” said Jim Kaitz, president and CEO of AFP. “As the responsibilities of today’s corporate treasury professionals expand, AFP is committed to being the central resource to help our members expand the borders of their expertise and prepare them for future growth and opportunities. Our experience with VCampus has been extremely positive and we are looking forward to working together to develop the more online classes.”

“We are excited about the role AFP’s online continuing education initiative will play in helping today’s treasury professionals meet their professional development demands. Online learning provides a tremendous opportunity for Certified Treasury Professionals and Certified Cash Managers around the country, and around the world, to gain access to the important information they need to stay abreast of the ever-changing corporate finance and treasury profession,” said Ronald Freedman, Senior Vice President, Worldwide Sales and Marketing for VCampus Corporation. “AFP recognizes the convenience and flexibility that online learning offers their members and we anticipate that the launch of the AFP Online CE Center will be a huge success."

About the Association for Financial Professionals
The Association for Financial Professionals (AFP) headquartered in Bethesda, Maryland, supports more than 14,000 individual members from a wide range of industries throughout all stages of their careers in various aspects of treasury and financial management. AFP is the preferred resource for financial professionals for continuing education, financial tools and publications, career development, certifications, research, representation to legislators and regulators, and the development of industry standards. For more information visit www.afponline.org.

About VCampus®
VCampus Corporation (NASDAQ: VCMP), a provider of end-to-end 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. The Select Partner Program provides custom course development, publishing, hosting, e-commerce, reporting, account support and marketing services. With over a decade of e-Learning experience, VCampus has delivered 2.8 million courses to 835,000 desktops/users in associations, non-profits, corporations, government agencies and higher education institutions. VCampus distributes a courseware library of more than 4,500 web-based courses. VCampus Corporation is headquartered in Reston, VA. For more information, call 800-915-9298, or visit the VCampus Web site at www.vcampus.com. "VCampus" is a registered trademark and “Select Partner” is a trademark of VCampus Corporation.