TRG Inc. and Noverant Announce Partnership

RALEIGH, NC – November 22, 2006 TRG, a leader in transformative global training, today announced a strategic partnership agreement with Noverant Inc., a learning management systems (LMS) provider to the life sciences and other regulated industries. The alliance merges compliance, regulatory, and management systems with content design, development, and training for employees in areas including: manufacturing, aerospace, legal, pharmaceutical and financial services through customized solutions. TRG provides enterprise-wide business process based learning in formats that yield better-trained employees with enhanced knowledge and skills.

“Adding the appropriate compliance and regulatory elements of Noverant’s LMS platform will allow us to expand our services of customized design, development, and training solutions to our life science clients as well as to our other primary verticals including financial services ,” states Larry Laws, CMO. “Our agreed upon strategy with Noverant is to OEM their LMS and to jointly market the platform including Noverant’s ASP offering.”

“The TRG/Noverant Partnership is an important strategic alliance between two companies where the sum of our parts is greater then our individual components. Our customers will now benefit from having direct access to the leader in content development, customer support, and course development for their various training initiatives while TRG can now market the leading ASP Learning Management System for regulated industries” stated Curtis Noack, COO of Noverant.

About TRG
TRG is a leading provider of transformative global simulated and instructor-led training to private, public, and Global 1000 companies. Since 1993 TRG has trained more than 500,000 professionals worldwide – from sales professionals and CSRs, to scientist to bankers. . The company offers integrated products and services, via its 5-D methodology, which combines training assessment, custom content design and development, blended learning delivery solutions including edutainment, simulation and virtual reality, for continual learning. For more information about how TRG can increase the productivity of your company’s workforce, please visit: http://www.trginc.com.

About Noverant
Noverant is a privately-held company headquartered in Research Triangle Park, North Carolina. Noverant has developed a leading learning management system for the life science industry per the guidelines for electronic signature (FDA 21 CFR Part 11) and other Government guidelines for regulated and compliance mandated industries. Noverant provides its solution as both a licensed product and a hosted ASP product. Visit Noverant at http://www.noverant.com or contact us at 919.673.9770.