Press Releases & Coverage

Books24x7 Launches EngineeringPro, an Online Collection of
Unabridged, Searchable Titles from Leading Publishers

New Offering Brings Engineering Professionals a New Way to Search Major Engineering Titles, Problem-solve, and Learn

Norwood, MA – August 11, 2004 – Books24x7, a subsidiary of SkillSoft PLC (Nasdaq: SKIL) and the developer of online Referenceware®, today announced EngineeringPro, a new offering targeted to engineering professionals. Books24x7’s sixth Referenceware collection, EngineeringPro contains over two hundred unabridged titles from leading publishers such as John Wiley & Sons, McGraw-Hill, Industrial Press, Cambridge University Press, and The MIT Press. The collection covers a wide variety of engineering topics and issues applicable to engineers across all disciplines, as well as titles particularly relevant to engineers in telecom, drafting and design, manufacturing, and systems engineering. EngineeringPro is expected to grow to at least 300 titles by the end of 2004; new titles will cover topics related to electrical, aerospace, and chemical engineering.

Through the use of Books24x7’s patent-pending search engine, EngineeringPro gives engineering professionals immediate, multi-level search capabilities to the entire EngineeringPro collection, to specific books, and to chapters and sections within books. Companies can license EngineeringPro as a standalone collection or as an add-on to other Referenceware offerings. Individuals can also subscribe to EngineeringPro. Users have unlimited access to all EngineeringPro titles, including new books added to the collection during the subscription period.

“We’re pleased to partner with Books24x7 on this exciting new offering. EngineeringPro gives us an opportunity to further expand our readership,” said Alex Luchars, president of Industrial Press. “Books24x7’s powerful search and collaboration features will also bring additional value to those engineers already using our print publications.” EngineeringPro will include “Machinery’s Handbook,” a major Industrial Press title now in its 27 th edition that has served as a primary reference resource for mechanical and manufacturing engineers, designers, draftsmen, toolmakers, and machinists for almost a century.

Other representative titles in the EngineeringPro collection include:

“Up to now, engineering professionals have had limited options for online reference of critical information,” said John Ambrose, general manager of Books24x7. “EngineeringPro allows users to weave instant learning into their daily workflow. By transforming valuable reference content from leading engineering publishers into a searchable, online format, EngineeringPro – makes these resources easier to use than ever before. Not only can users find specific answers within seconds, they can also add comments and share the information with colleagues. These capabilities make EngineeringPro both an instant learning tool and a powerful productivity tool for individual users as well as for entire organizations.”

Other Books24x7 offerings include BusinessPro, with almost 2,000 titles covering such topics as leadership, communication, coaching, time management, finance and accounting, recruiting, and marketing and sales; ITPro, a 3,850-title collection encompassing areas such as programming, IT certification, databases, desktop and office applications, enterprise computing, graphic design, hardware, networking and protocols, operating systems, and web development; FinancePro, introduced in 2003 with now more than 300 titles on financial topics such as financial planning, ethics, credits and loans, consolidation and mergers, taxation and valuation, and international finance; OfficeEssentials, a 143-title specialty collection targeted to non-technical users who require occasional real-time assistance with common office applications; and ExecSummaries, which contains over 150 summaries of best-selling business books created by Soundview Executive Book Summaries.

Annual subscriptions to EngineeringPro are $399 per individual user. Corporate and volume discounts are available. For further information, call 781 440 0550 or e-mail sales@books24x7.com

About Books24x7

Books24x7, a subsidiary of SkillSoft PLC (Nasdaq: SKIL), offers subscription clients online access to more than 5,000 unabridged IT and business books and reports. Books24x7’s patent-pending technology platform enables users to pinpoint business-critical information quickly by performing multi-tier, online searches of the company’s Referenceware collections: ITPro, BusinessPro, FinancePro, EngineeringPro, OfficeEssentials, and ExecSummaries.

Books24x7 helps bridge the gap between what employees know and need to know in hundreds of leading organizations, including Bank of America, EDS, and Lockheed Martin. The company has relationships with more than 100 leading publishers, including AMACOM, Apress, ASTD, Harvard Business School Publishing, McGraw-Hill, Microsoft Press, and John Wiley & Sons. For more information, visit www.books24x7.com.

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Copyright (C) 2004 SkillSoft.  All rights reserved.  SkillSoft, the SkillSoft logo, Ahead of the Learning Curve, SkillPort, Search-and-Learn, SkillChoice, Books24x7, Referenceware, ITPro, BusinessPro, OfficeEssentials and Express Guide are trademarks or registered trademarks of SkillSoft PLC in the United States and certain other countries.  All other trademarks are the property of their respective owners.

This release includes information that constitutes forward-looking statements made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results encompassed within the forward-looking statements. Factors that could cause or contribute to such differences include difficulties in integrating the organizations of SmartForce and SkillSoft, competitive pressures, changes in customer demands or industry standards, adverse economic conditions, loss of key personnel, litigation and other matters disclosed under the heading "Future Operating Results" in SkillSoft's Quarterly Report on Form 10-Q for the quarter ended April 30, 2004, as filed with the Securities and Exchange Commission. The forward-looking financial information provided by the Company in this press release represents the Company's estimates as of August 11, 2004. We anticipate that subsequent events and developments will cause the Company's estimates to change. However, while the Company may elect to update this forward-looking financial information at some point in the future, the Company specifically disclaims any obligation to do so. This forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this release.

Contacts:
Linda Galloway
Apollo Associates LLC
203 790 1591
lgalloway@apolloassociates.com