SmartPros Announces Alliance With LexisNexis

Hawthorne, N.Y., Aug. 27, 2012 (GLOBE NEWSWIRE) -- SmartPros Ltd. (Nasdaq:SPRO), a leader in the field ofaccredited professional education and corporate training, todayannounced that its SmartPros® Legal & Ethics Ltd. subsidiaryhas recently executed an alliance agreement with LexisNexis®, adivision of Reed Elsevier, Inc., to provide on-demand ContinuingLegal Education (CLE) solutions to professionals worldwide.

As part of the agreement, LexisNexis will use SmartPros®eCampus TM Learning Management System (LMS) as its coretechnology and content delivery platform for LexisNexis online CLEofferings. The new CLE packages are custom-designed to meet thespecific practice needs of attorneys in the United States.

"The combination of Lexis content with SmartPros technology andCLE experience marks the start of a new generation of feature-rich,user-friendly education and training programs designed for thelegal profession," said Allen Greene, Chairman and CEO ofSmartPros. "We are pleased to be working with LexisNexis to buildout a best-in-class continuing legal education and trainingsolution to meet the needs of today's legal professionals."

About SmartPros

Founded in 1981, SmartPros Ltd. is an industryleader in the field of accredited professional education andcorporate training. Its products and services are primarily focusedin the accredited professional areas of corporate accounting,financial management, public accounting, governmental andnot-for-profit accounting, financial services, banking,engineering, legal, ethics and compliance, and informationtechnology. SmartPros is a leading provider of professionaleducation products to Fortune 500 companies, as well as the majorfirms and associations in each of its professional markets.SmartPros provides education and content publishing and developmentservices in a variety of media including Web, CD-ROM, video andlive seminars and events. Our subscription libraries featurehundreds of course titles and 2,300+ hours of accredited education.SmartPros' proprietary Professional Education Center (PEC) LearningManagement System (LMS) offers enterprise distribution andadministration of education content and information. In addition,SmartPros produces a popular news and information portal foraccounting and finance professionals serving more than one millionads and distributing more than 200,000 subscriber email newsletterseach month. SmartPros' network of Web sites averages more than900,000 monthly visits, serving a user base of more than onemillion profiled members. Visit: www.smartpros.com

SmartPros Safe Harbor Statement Statements in this press release that are not statements ofhistorical or current fact constitute "forward-looking statements"within the meaning of Section 27A of the Securities Act of 1933 andSection 21E of the Securities Exchange Act of 1934. Theseforward-looking statements involve risks and uncertainties,including activities, events or developments, that the Companyexpects, believes or anticipates will or may occur in the future.In addition to statements that explicitly describe these risks anduncertainties, readers are urged to consider statements thatcontain terms such as "believes," "belief," "expects," "expect,""intends," "intend," "anticipate," "anticipates," "plans," "plan,"to be uncertain and forward-looking. The forward-looking statementscontained herein are also subject generally to other risks anduncertainties that are described from time to time in the Company'sfilings with Securities and Exchange Commission. Specifically,results reported within this press release should not be consideredan indication of future performance.

A file accompanying this release is available at: http://media.globenewswire.com/cache/4621/file/15214.jpg
CONTACT: Shane Gillispie         SmartPros Ltd. (Nasdaq:SPRO)         VP Marketing Services & eCommerce         shanegillispie@smartpros.com         914-829-4974 

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