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Trinity Learning Corporation

Trinity Learning Corporation and PRIMEDIA Inc. Announce Asset Purchase Agreement

Berkeley, California (ots/PRNewswire)

Trinity Learning
Corporation (OTC Bulletin Board: TTYL) announced today that it has
completed an asset purchase agreement with PRIMEDIA Inc. (NYSE: PRM),
the leading targeted media company. Trinity Learning, a publicly-held
learning company specializing in workplace learning and
certification, has acquired certain assets related to PRIMEDIA's
Workplace Learning division (PWPL). No terms or conditions were
disclosed.
Trinity Learning will acquire assets, including content libraries,
trademarks, brands, intellectual property, databases, and physical
assets. Included in the sale are certain video production and
distribution capabilities used to deliver integrated learning
solutions to professionals in the homeland security, healthcare,
industrial, fire & emergency, government, law enforcement and private
security markets currently served by PWPL.
Doug Cole, CEO of Trinity Learning, stated, "We are very excited
to acquire these operating assets from PRIMEDIA. This transaction is
a major step in our announced strategy to focus on workplace learning
and certification services in North America. We were attracted to the
innovative content, custom solutions, technology and 'any
time/anywhere' delivery training programs. We are also excited to add
to our company the workplace learning professionals located in the
Carrollton, Texas office and production facility that will become
Trinity Learning's primary North American content production,
distribution, and customer service center."
This transaction follows on PRIMEDIA's announcement in September
2004 that it was exploring strategic options for its Workplace
Learning Division. Along with the sale on March 31st of Bankers
Training & Consulting Company, the financial services division of
PWPL, this transaction completes PRIMEDIA's divestiture of PWPL. As
previously announced, PRIMEDIA will retain its Interactive Medical
Networks division.
About PRIMEDIA, INC.
PRIMEDIA is the leading targeted media company in the United
States. With 2004 revenue of US$1.3 billion, our properties comprise
more than 200 brands that connect buyers and sellers in more markets
than any other media company through our print publications, Web
sites, events, newsletters and video programs in four business
segments: Enthusiast Media, Consumer Guides, Business Information,
and Education. PRIMEDIA Enthusiast Media includes more than 120
consumer magazines, with well-known brands such as Motor Trend,
Automobile, Creating Keepsakes, In-Fisherman, Power & Motoryacht, Hot
Rod, Snowboarder, Stereophile and Surfer. PRIMEDIA Consumer Guides is
the #1 publisher and distributor of free consumer guides, with
Apartment Guide, Auto Guide and New Home Guide. PRIMEDIA Business
Information has more than 60 publications in 18 market sectors.
PRIMEDIA Education includes Channel One and other educational
products.
About Trinity Learning Corporation
Trinity Learning Corporation, a publicly held Utah corporation, is
a global learning company specializing in technology-enabled
workplace learning and certification services for major customers in
multiple global industries. Trinity Learning is achieving market
presence in geographic markets worldwide by acquiring and integrating
companies providing innovative workplace learning solutions in
targeted regions and industry segments. Trinity Learning intends to
increase market penetration and the breadth and depth of its products
and services through additional acquisitions, licensing, strategic
alliances, internal business development, and the expansion of sales
offices around the world. For more information, visit
www.trinitylearning.com.
FORWARD LOOKING STATEMENTS -- DISCLAIMER -- RISKS
This press release contains forward-looking statements, including
statements about the expected growth and development of Trinity
Learning's business, the business of Intense School, and the combined
company's future financial and operating results, the timing, effects
and any synergies that may result from the proposed merger.
Statements herein which are not statements of historical fact are
forward- looking statements within the meaning of the Safe Harbor
Provision of the Private Securities Litigation Reform Act of 1995.
Such statements are based on the current expectations and beliefs of
the management of Trinity Learning Corporation and are subject to a
number of factors and uncertainties that could cause actual results
to differ materially from those described in the forward-looking
statements including, without limitation, the ability of the company
to sustain customer interest in its core products. For a more
detailed discussion of risk factors that affect our operating
results, please refer to our SEC reports including our most recent
reports on Form 10-KSB and Form 10-QSB.
Web site: http://www.trinitycompanies.com

Contact:

Douglas Cole, CEO of Trinity Learning Corporation, +1-510-540-9300