GeoLearning's Frank Russell Named 2009 CEO of the Year

WEST DES MOINES, IOWA, March 4, 2009 -- Frank Russell, president and CEO of GeoLearning, Inc., was named CEO of the Year at the 2009 Prometheus Awards sponsored by the Technology Association of Iowa (TAI). Winners were announced in 17 categories at an evening ceremony on March 3 at the Meadows Convention Center in Altoona, Iowa. Over 500 industry leaders from business, education and government attended the event.

CEO of the Year is not the first time Russell and GeoLearning have been recognized by the Technology Association of Iowa. GeoLearning was named "Software Company of the Year" in 2008, "Top Growth Company of the Year" in 2007 and "Technology Company of the Year" in 2006.

TAI's Prometheus Awards are Iowa's most prestigious information technology awards and were created to celebrate and help promote excellence within Iowa's high-tech industry.

"These are the academy awards of the technology industry," said TAI president Leann Jacobson. "Prometheus Awards are given to the best and brightest in the industry: inventors, innovators, researchers and educators whose work is helping drive Iowa's economy forward, even in challenging economic times."

Under Russell's direction since its founding in 1997, GeoLearning has grown to be the leading provider of on-demand learning and performance management platforms and training services to corporations and government agencies around the world. Some of the achievements that led to Russell being recognized by the Technology Association of Iowa include:

• GeoLearning sales grew 38% year-over-year in 2008 at a time when many organizations are facing flat or declining growth.
  
• More than 500 companies and government agencies—including high-profile brand names like Dell, Palm, Adecco, Google, and Cabela's—have deployed GeoLearning's Internet-based learning management platform, and rely on its learning services to drive employee and organizational performance.
  
• The company secured a growth equity investment of $31 million from Fidelity Ventures in 2008. The funds, which represented the first institutional investment for GeoLearning, have been utilized to accelerate the company's sales and marketing efforts, add positions to support continued growth, and continue to build its channel partner network.

About GeoLearning, Inc.

GeoLearning is the leading provider of on-demand learning and performance management technology platforms. The company's products and services are used by more than 500 corporations, government agencies and non-profit organizations to manage human capital development, accelerate critical business processes and drive organizational performance. GeoLearning's Software as a Service model means there is no hardware or software for clients to install. As a result, the company's Web-based GeoMaestro and GeoExpress learning management platforms can be deployed quickly, allowing clients to efficiently manage enterprise-wide learning, development and knowledge acquisition. Additional information is available at www.geolearning.com.

About the Technology Association of Iowa (TAI)

TAI is a member-based, not-for-profit organization accelerating the success of Iowa's technology industry. TAI creates and sustains a positive environment for technology-based economic growth and job creation through innovation, advocacy, and leadership. TAI members include organizations of every size, involved in virtually every aspect of technology creation, production, application and education in Iowa. Additional information is available at www.technologyiowa.org.

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