IPA Advisory & Intermediary Services LLC Obtains $3,000,000 Series A Financing For Knowledge Management Solutions, INC. (9/30/04)

Contact:
Jennifer Valencia
International Profit Associates
847-808-5590
jennifer.valencia@ipa-iba.com

Buffalo Grove, Ill./Linthicum, Md. (September 30, 2004) - IPA Advisory & Intermediary Services, LLC (A&I Services), acted as the exclusive financial advisor to Knowledge Management Solutions Inc. (KMSI) and arranged for $3,000,000 Series A investment from Gabriel Venture Partners, as announced today by Charles Botchway, Director of A&I Services.

"KMSI is revolutionizing e-learning and is positioned to be the leader in the corporate e-learning space through delivering superior technology with measurable, high return on investment for its clients," said Duke Essiam, Head of Equity Financing at A&I Services and lead executive on the transaction. "We are delighted about our role in matching a great company with a high-caliber investor such as Gabriel Venture Partners. "

Gabriel Venture Partners is a venture capital firm with more than $260M under management across its offices. Gabriel's team of investors leverage their combined operating experience to actively partner with portfolio companies and provide value through customer and partner introductions, as well as assistance with go-to-market strategy and positioning. For more information, visit: www.GabrielVP.com.

Knowledge Management Solutions, Inc. is a leading provider of innovative learning and knowledge management solutions for Fortune 2000 companies and Government agencies. KMx is globally scalable and provides an integrated environment for developing, managing, and delivering performance support, documentation and learning content. For more information, visit www.kmsi.us.

IPA Advisory and Intermediary Services (A&I Services) is an accomplished advisory firm dedicated to guiding emerging growth companies through successful equity investments, debt financing and mergers and acquisitions. A&I and it's related companies including, International Profit Associates, Inc. (IPA-IBA), Integrated Business Analysis, Inc. (IBA) and International Tax Advisors, Inc. (ITA), provide comprehensive business advisory services and tax strategies to companies in the United States, Canada and other locations worldwide. Additional information is immediately available by visiting, http://www.aiservices.com, http://www.ipa-iba.com http://www.iba-usa.net and http://www.internationaltaxadvisors.com.

A&I Services is an accomplished advisory firm and is dedicated to assisting entrepreneurially owned companies with developing successful strategies and securing the financial resources necessary to drive their growth. A&I Services and its professionals are experienced in working with small and medium-sized businesses, helping them navigate each stage from start-up through emerging growth and beyond.

A&I Services works with committed leaders to create greater value for their growing companies through its relationships with the premier worldwide financial resources. A & I Services relationships include the personal involvement of its professionals in the structure of financial programs for its business clients necessary for funding the need for working capital, investment, acquisition, and/or exit strategies. Visit http://www.aiservices.com for more information. The Public Relations Department may be contacted at: telephone (847) 495-6786; facsimile (847) 495-6773; email pr@ipa-iba.com.