Serebra Bolsters Sales Leadership; Hires Former Lucent Executive

Expansion of Sales Talent to Drive Large Enterprise Business


SURREY, June 16, 2003 (PRIMEZONE) -- Serebra Learning Corporation (TSX Venture Exchange:SBR), one of Canada's leading providers of e-learning solutions, today announced the appointment of former Lucent Technologies senior sales executive, Geoffrey Goldsmith-Jones, as Vice President of Sales.

Goldsmith-Jones brings more than seventeen years of technology sales experience to Serebra. For the past four years, Goldsmith-Jones held sales and management positions with Lucent Technologies and Ascend Communications in San Francisco. In his roles as Senior Sales Executive and Global Strategic Accounts Manager, Goldsmith-Jones achieved President's Club four consecutive years. Before Lucent, he was a Regional Channels Manager at Digital Equipment Corporation.

Over the course of his sales career, Goldsmith-Jones has consistently over-achieved his sales quotas while developing and leading sales organizations to drive aggressive sales strategies to success by penetrating the large-enterprise market.

In his new role at Serebra, Goldsmith-Jones will be responsible for accelerating Serebra's sales strategies in direct sales opportunities and positioning Serebra for rapid penetration into large-scale enterprise and international accounts.

"Today's appointment is a significant milestone in Serebra's comprehensive strategy to penetrate the large-enterprise market with Cortex, our learning management system, and with our course content," said Ted Moorhouse, President and CEO, Serebra Learning Corporation. "Geoffrey's proven abilities, combined with Serebra's compelling solutions, will prove to be a highly successful formula for the next phase of Serebra's growth. With his exceptional sales management talent, unsurpassed drive and his second-to-none track record of achievements, Geoffrey will be an invaluable addition to our team."

According to Goldsmith-Jones, "Serebra is a company on the move. It has achieved significant business momentum over the past seven months with its new senior management team and through its unique market positioning. Serebra will now accelerate the maturation of its sales force to drive explosive sales growth with large-scale companies. I am delighted to be joining an organization that has been such an innovator, and one that is now poised to become a major force in the e-learning industry."

Stewart Winrob, formerly Serebra's Vice President, Sales, will assume the position of Vice President, Business Development to continue, and to expand, his strong relationships with Serebra's partners and resellers.

On Behalf of the Board of Directors,

SEREBRA LEARNING CORPORATION

Ted Moorhouse President and CEO

About Serebra Learning Corporation Serebra Learning Corporation (TSX Venture:SBR) is one of Canada's leading full-service suppliers in the e-learning sector, with more than 40 resellers and affiliates operating globally. The Serebra Education Centre in Surrey, BC hosts one of the world's largest open architecture e-learning platforms, serving both its corporate customers' needs through the Cortex hosted Learning Management Platform, and consumer needs in over 130 countries through over 130 Learning Centre Partner sites. Serebra's award-winning courseware is backed up by multiple pricing options to suit the needs of businesses of all sizes, and custom development capabilities for situations where ready-to-use courseware won't serve a company's needs. For more information, visit www.serebra.com.

For further information, please contact:

Ted Moorhouse, President and CEO Serebra Learning Corporation Tel: 604.592.0552 Fax: 604.592.0553 E-mail: ted.moorhouse@serebra.com

The TSX Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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