"With support from Harcourt Assessment and Harcourt Achieve, we
plan to deliver one of the best Fiesta events," said Greg Gallaspy,
executive director of the Paseo del Rio Association.

Business Editors/Technology Editors

COKATO, Minn.

promotes those

Online software training
was designed specifically to provide Paisley Consulting customers with
efficient and more cost-effective access to software training sessions
that typically take place on site, thus enhancing the overall service
experience and allowing registrants to learn on their own time and at
their own pace.

associations assessment

About the Paseo del Rio Association

Founded in 1969, the Paseo del Rio Association promotes and
supports the San Antonio River Walk, the number one tourist attraction
in Texas.paisleyconsulting. 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.

based learning

The Association works
with local businesses to preserve the River Walk and it produces
special events that attract visitors and local residents.

Paisley Consulting and SmartPros Ltd. Launch the Collaborative Assurance + Risk Design e-Learning Center; New Portal-Enhanced Delivery of Training Services to

com

About SmartPros Ltd.

Founded 1981, SmartPros Ltd.

learning europe

"Our focus will
be completely on the kids, and we will offer plenty of fun activities
to keep them entertained throughout the day and leave them with a
lifetime of memories.

organizations fields

The company's key software offerings
include The Paisley Solution, Risk Navigator(TM), CARD(R)map, Focus
Control Assurance Software(R), and AutoAudit (R). 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.

professional occupational

With global customers in diverse markets, Paisley
Consulting works with over 30 percent of the Fortune(R) 100. is an industry leader in the field of
accredited professional education.

development education

+ HAWTHORNE, N.
The CARD e-Learning center was designed to assist industry
professionals, as well as both companies' growing client bases, on all
aspects of compliance and risk management.
"Recent changes in the regulatory environment have created a
growing need in the marketplace for Sarbanes-Oxley and other
operational risk training that can be deployed on a 'just-in-time'
basis," said Tim Leech, Principal Consultant and Chief Methodology
Officer , Paisley Consulting.
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 .

those fields

Magazine's list of 500
fastest-growing private U.

fields education

assessment promotes

Business Editors/Education Editors

SAN ANTONIO----For the second year
in a row, local education company Harcourt Assessment, Inc ."
During the festival, which will include face painting, games and
live mascot entertainment, Harcourt Assessment will distribute free
children's books donated by its sibling company, Austin -based Harcourt
Achieve.Y. Also available are two modules on COSO enterprise risk
management(ERM ) and risk and control assessment techniques. Our subscription libraries feature hundreds of course titles
and 1,000+ hours of accredited education.

human which

has signed
on as the title sponsor of the Paseo del Rio Association's Children's
Festival. Founded
in 1995, the company has been included on Inc.

engaged assessment

"As the industry's first software
provider to offer integrated SOX methodology and software training , we
have further solidified our commitment to providing full service
solutions and services to our customers. For more information visit
www. SmartPros' proprietary
Professional Education Center (PEC) Learning Management System (LMS)
offers enterprise distribution and administration of education content
and information.

engaged institute

Both SmartPros
and Paisley Consulting have core strengths in this market , and our
team effort truly shows in the quality of this cutting-edge program.

europe which

(AMEX:PED), a leading
developer of accredited continuing professional education, today
jointly announced the launch of The Collaborative Assurance + Risk
Design(R) (CARD) e-Learning center.

business are

Harcourt Assessment Sponsors Paseo del Rio Association's Children's Festival; Official Fiesta Event Will Take Place April 16 on the River Walk

The company is affiliated with the Harcourt book publishing
companies, and together they form the global education brand of Reed
Elsevier Group plc (NYSE:RUK)(NYSE:ENL) -- a world-leading publisher
and information provider operating in the science and medical, legal,
education and business-to-business industry sectors.----March 28,
2005--Paisley Consulting, a leading provider of business
accountability solutions, and SmartPros Ltd. These
courses are the first in a series of broader operational risk
offerings planned for roll out, including modules on grading control
deficiencies for Sarbanes-Oxley and Basel operational risk management
and more.

About Paisley Consulting

Paisley Consulting, the leader in business accountability,
provides focused solutions on corporate assurance, internal auditing,
risk management and compliance.

education fields

"As an education
company that's passionate about children, we are delighted to sponsor
a fun, family-friendly and educational event like the Children's
Festival.
Three Sarbanes-Oxley courses are available immediately to provide
training on how to cost-effectively comply with sections 302 and 404
of the Act. Visit:
www.

based engaged

It recognizes that the River Walk is a key element of the
city's character, visitor industry and economy.

assessment resources

"Fiesta Week is always an exciting time that brings the entire San
Antonio community together to celebrate," said Gail Ribalta, vice
president of marketing for Harcourt Assessment . Through the development of custom
statewide educational testing programs, Harcourt is helping more than
20 states meet the accountability requirements of the federal No Child
Left Behind Act. "Further, we feel this
new product is well-timed and will be well-received. Services include
Collaborative Assurance + Risk Design(TM) training, Sarbanes-Oxley
compliance training courses, and operational risk-management training
and consulting.
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 those organizations which are based in Europe.

institute training

engaged education

This official Fiesta event will take place April 16 on the
River Walk."

About Harcourt Assessment

Based in San Antonio, Harcourt Assessment is a leading provider of
high-quality assessment instruments and testing programs used by
educators, psychologists, speech-language pathologists , occupational
therapists, human resource professionals, admissions and credentialing
professionals , and businesses.
The CARD(R) e-Learning center provides quick, easy access to
cost-effective online training to help organizations comply with the
requirements imposed by Sarbanes-Oxley, Basel II, operational risk
management and other corporate governance and compliance measures."
"Utilizing each others' strengths, Paisley Consulting developed
the core materials for the program and SmartPros adapted the materials
for online training and education utilizing SmartPros' Professional
Education Center(TM) Learning Management System," said SmartPros
Accounting Division President, Jack Fingerhut ."
The training modules offered through Paisley Consulting's CARD
e-Learning center initiative have been designed to meet the
requirements for continuing professional education (CPE) credits . companies.

training associations

S.com

Safe Harbor Statement

This release may contain or identify forward looking statements.

business associations

smartpros.