DRAPER, Utah, April 4 -- Today, Mike Memmott, Sr., Chairman and CEO of Pinnacle Multimedia, made the announcement that Pinnacle Multimedia has changed its name to Learnframe.

According to Memmott, Pinnacle has chosen the name, Learnframe, to celebrate the great capabilities of Pinnacle Multimedia, the PLM and their other trend-setting products.

``We are excited about the expansion of our company's research and development efforts which allow us to continue pioneering the e-Learning revolution,'' said Memmott. ``Changing our name to Learnframe better reflects our company's core competency, which is the framework for e-Learning. Learnframe provides a complete infrastructure for e-Learning services to enterprises of any size -- hosted services, customized corporate universities, and direct access to our learning products and services.''

Memmott also mentioned that with the new name announcement, Learnframe is releasing its newest version of PLM. (Please refer to Learnframe's first official press release for details. See enclosure.)

About Learnframe
Learnframe (www.learnframe.com) is the leading provider of e-Learning services and technologies for small to large enterprises, government agencies, learning providers and Internet businesses around the world. Enterprises in all industries rely on Learnframe's framework of e-Learning technologies, and large library of programs to deliver and manage learning programs globally. Learnframe offerings include customized corporate universities on company intranets, complete hosting services for all learning needs, and one of the largest online learning libraries available today, covering CBT, text, video, and more. Learnframe is the only Learning Service Provider (LSP) that can seamlessly integrate CBT from 60 plus vendors, without any modification to the courseware. Customers such as Agilent, Allied Signal, Abbott Labs, KLA Tencor, US AirForce, Novell, and Rockwell Collins use Learnframe to assess, plan, distribute, measure, and improve learning for customers, partners, employees, and suppliers. For more information visit www.learnframe.com, or call 800-738-9800. For further communication contact Jeanette Thomas McMurtry at jthomas@learnframe.com or Kim Stilson at kstilson@learnframe.com.