SM 1 The Opportunity - $23 Billion Market Global Corporate e-Learning Market CAGR = 68.8% Source: IDC (in billions)

SM 2 Human Capital as a Percent of GDP 17 – 25+ Percent % 4 – 6% 4 – 8% ??? Schooling On the Job Training Health Adult Education

SM 3 UNext’s Mission  Our mission is to provide transforming, life- enhancing educational opportunities to people around the world  We believe that thriving in today’s rapidly changing, knowledge-driven economy requires continual growth in knowledge and skills

SM 4 Cardean University  Cardean’s mission is to be an indispensable and career- long professional development resource for the working adult  We offer courses of value throughout a working professional’s career  Cardean is accredited by DETC and licensed by the Illinois Board of Higher Education –MBA as the first degree program –Continuing Professional Education –Executive education and lifelong learning Our First Market is B2B –Target market of UNext 1000, which represents 52 million global employees –Over 50 corporate clients to date, including GM, Hyatt, Barclays Capital, Singapore Technologies, and Navistar –Endorsed by LearnShare, a consortium of 13 Fortune 500 corporations that share training and professional development research, expertise, and resources, representing a potential 2.5 million employees »The companies include 3M, Motorola, Owens Corning, John Deer, Eaton, Pilkington, Owens- Illinois, Northwest Airlines, Pfizer, Chevron, Levi Strauss, and Verizon

SM 5 General Motors e-Learning Alliance  Four-year revenue contract announced April, 2001  Mastery, Quantum, and MBA degree being offered to 88,000 global salaried workers  “This strategic alliance will help us jump-start our e-learning efforts for strengthening our leadership and management development programs. We’ll do this by providing world- class content with a project-oriented learning approach that takes full advantage of technology on a global basis. It’s our vision to be able to blend these elements in a cost-effective way for the development of employees and the success of the enterprises.” Donnee Ramelli President,General Motors University