Working Values Launches Ethics Learning Moments

Interactive Tool Helps Organizations Maintain the Momentum of an Ethics and Compliance Program After Training and Code Certification Are Complete


FOR IMMEDIATE RELEASE -- HAWTHORNE, NY (June 20, 2005) -- Working Values Ltd., leading developers of values-based ethics and compliance training programs, today formally unveiled Learning Moments(TM), an interactive online and offline ethics and compliance training solution. Working Values Ltd., a wholly owned subsidiary of SmartPros Ltd. (AMEX:PED), designed Learning Moments to help organizations reinforce and sustain their ethics and compliance programs by delivering brief but powerful learning modules throughout an organization, on a more frequent basis.

David Gebler, President of Working Values, stated, "Ethics and compliance professionals are often only able to connect with their employees once a year for annual code of conduct certification, training, or employee surveys. When asked, these integrity-focused professionals all share similar concerns: how to reach employees the rest of the year."

The Ethics Learning Moments is a solution to satisfy ongoing training needs by enabling companies to maintain awareness of critical policies and corporate culture issues that undermine integrity in the workplace. In addition, it provides companies with a snapshot of employees' understanding regarding ethics issues.

Gebler added, "Often, the only feedback companies receive on ethics and compliance issues comes from the firm's hotline. Learning Moments provides a proactive glimpse into the firm's comprehension of an issue. In an environment where awareness and understanding are vital to sound business practices, all organizations should consider the Ethics Learning Moments."

Working Values' proactive approach to managing a culture of compliance is designed to assist with Sarbanes Oxley and the new Federal Sentencing Guidelines. The implementation of the Learning Moments platform alerts senior leadership to possible misunderstandings of policies and provides an added layer of risk assessment.

Learning Moments are available in both online and offline deployment options and can be readily customized to address topics and content that are unique to an individual organization. To receive more information on Learning Moments, please visit www.workingvalues.com.

About Working Values, Ltd.
Working Values, Ltd., a SmartPros company, is one of the world's leading developers of integrated values-based corporate responsibility and ethics awareness and compliance learning programs. Since 1993, Working Values has helped organizations such as JP Morgan Chase, Pharmacia, Coors Brewing Company, Raytheon, and Lockheed Martin align workplace behavior with standards, values and ethical principles. For more information visit www.workingvalues.com.

About SmartPros Ltd.
Founded 1981, SmartPros Ltd. is an industry leader in the field of accredited professional education. Its products and services are primarily focused in the accredited professional areas of corporate accounting, financial management, public accounting, governmental and not-for-profit accounting, ethics and compliance, and engineering. SmartPros' customers include over half of Fortune 500 companies, as well as the major firms and associations in each of its professional markets. SmartPros provides education and content publishing and development services in a variety of media including Web, CD-ROM and video. Our subscription libraries feature hundreds of course titles and 1,000+ hours of accredited education. SmartPros' proprietary Professional Education Center (PEC) Learning Management System (LMS) offers enterprise distribution and administration of education content and information. In addition, SmartPros produces a popular news and information portal for accounting and finance professionals that services 300,000+ visitors and 100,000+ subscribers per month. Visit: www.smartpros.com

Safe Harbor Statement
This release may contain or identify forward looking statements. These statements are based on assumptions and estimates, which are inherently subject to uncertainty and contingencies that are beyond our control and are based on future business decisions that may change.


For more information, please contact:
Shane Gillispie
Vice President, Marketing and eCommerce
SmartPros Ltd.
253-863-8280
shanegillispie@smartpros.com

Stephanie Noiseux
Executive Vice President, Client Relations
Elite Financial Communications Group, LLC
407-585-1080
ped@efcg.net