Press Releases & Coverage

Books24x7 and McGraw-Hill/Osborne Media to Preview Oracle Press Online At OracleWorld 2002

New Initiative Will Bring Best-Selling Books on Oracle Products to
Development and DBA Professionals via the Web

Norwood, MA – November 11, 2002 – Books24x7, a subsidiary of SmartForce PLC (dba SkillSoft, Nasdaq: SKIL) and the developer of online Referenceware™ for IT and business professionals, today announced that it will preview Oracle Press Online, an initiative created in partnership Oracle Press, an imprint of McGraw-Hill/Osborne Media, at OracleWorld 2002, November 10-15, in San Francisco. Oracle Press Online (www.oraclepressonline.com) will offer development professionals unlimited access and multi-tier search capabilities to best-selling books on Oracle8i and Oracle9i products. Books24x7 has developed the technology platform and will provide hosting services for Oracle Press Online, expected to be commercially available by end of 2002. Books24x7 will also sell annual subscriptions to the online offering.

Recognized as the official press of Oracle Corp., McGraw-Hill/Osborne Media’s Oracle Press works closely with Oracle's product, education, and training teams, as well as the user community, to complement Oracle's documentation and provide data management professionals with the most comprehensive, current, and reliable information on Oracle products and technologies. Oracle Press Online, built using Oracle9iAS, will make a core subset of Oracle Press publications available online for the first time. Subscribers will have the ability to perform multi-tier searches on the entire collection or on specific books to pinpoint mission-critical technical information. Subscribers also will have access to new content added each quarter.

The following best-selling Oracle titles will be initially available through Oracle Press Online: Oracle 9i Complete Reference, Oracle9i DBA Handbook, Oracle9i PL/SQL Programming, Oracle 9i New Features, Oracle9i Web Development, OCP Oracle8i Certified Professional DBA Certification, OCP Oracle9i Database: New Features for Administrators Exam Guide, and Oracle High Performance SQL Tuning.

Oracle Press Online will be demonstrated at OracleWorld in the Oracle Bookstore, Booth 636, during exhibit hall hours Monday through Thursday, November 11 – 14, at the Moscone Center in San Francisco. Free one-week trial subscriptions to Oracle Press Online will be issued to all OracleWorld attendees who view a demonstration.

“We chose to partner with Books24x7 for this important initiative because of its proven, successful business model, its strong direct and indirect sales channels, and its established presence in corporations worldwide,” said Scott Rogers, publisher of McGraw-Hill/Osborne Media. “Books24x7 will provide Oracle Press Online subscribers with a high-performing, feature-rich, and secure experience.”

“The invaluable content resources of Oracle Press Online, in conjunction with Books24x7’s proven technology, will provide Oracle professionals with specific, just-in-time information needed to take full advantage of the Oracle environment,” said Thomas Kurian, senior vice president, Oracle Server Technologies, Oracle Corporation.

“Oracle Press has long been recognized for its prestigious line of print books. We are thrilled to help make this content available in digital format to Oracle developers and database professionals worldwide,” said John Ambrose, general manager of Books24x7.

Annual subscriptions to Oracle Press Online will cost $199 per individual user and will offer unlimited access to above books, as well as books added throughout the subscription period. Corporate and volume discounts are available. Further information about availability and subscriptions can be obtained by contacting Elizabeth Morley of Books24x7 at 781 440 9305 or emorley@books24x7.com.

About Oracle Press and McGraw-Hill/Osborne Media
McGraw-Hill/Osborne Media, a unit of McGraw-Hill Education, is a leading publisher of self-paced computer training materials, including user and reference guides, best-selling series on computer certification, titles on business & technology, and high-level but practical titles on networking, programming, and Web development tools. McGraw-Hill/Osborne Media is the official press of Oracle, Corel, J.D. Edwards, Intuit, and RSA Security Inc. McGraw-Hill/Osborne Media is focusing on consumer support, emerging technologies, and innovative applications for developing future computer books.

McGraw-Hill Education is a division of The McGraw-Hill Companies (NYSE: MHP), a global information services provider meeting worldwide needs in financial services, education, and business-to-business information through leading brands such as Standard & Poor's and BusinessWeek. The Corporation has more than 300 offices in 32 countries. Sales in 2000 were $4.3 billion. Additional information is available at http://www.mcgraw-hill.com.

About Books24x7
Books24x7, a subsidiary of SmartForce PLC (dba SkillSoft, Nasdaq: SKIL), offers subscription clients online access to more than 3,000 unabridged IT and business books and reference works. 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 and OfficeEssentials.

Clients include Bank of America, Lockheed Martin, EDS, and Avanade. The company has relationships with more than 85 leading publishers, including AMACOM, ASTD, Harvard Business School Publishing, McGraw-Hill, Sybex, and John Wiley and Sons. For more information, visit www.books24x7.com

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SkillSoft, SkillPort, RolePlay, Search-and-Learn, e-Learning for the Knowledge Economy, NetUniversity, and Accelerated Path are trademarks and/or servicemarks of SkillSoft Corporation. Books24x7 and Referenceware are servicemarks of Books24x7, Inc. All brand names, trademarks, or registered trademarks are the property of their respective holders.

SKILLSOFT COMPANY CONTACTS:

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


Lydia Griffey
McGraw-Hill/Osborne Media
510 549 6686
lydia_griffey@mcgraw-hill.com


Safe harbor language: This release includes information that constitutes forward-looking statements made pursuant to the safe harbor provisions 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 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 the Company's most recent Report on Form 10-Q filed with the Securities and Exchange Commission. The forward-looking information provided by the Company in this press release represents the Company's estimates as of November 2002. 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