IONTAS LTD. ANNOUNCES OEM AGREEMENT WITH E-LEARNING SPECIALIST KNOWLEDGETECH

Austin, Texas and Donegal, Ireland - March 31st 2003

• Help identify training requirements in the use of software applications.
• Schedule training sessions.
• Measure the impact of training and the scale of improvements achieved.
• Automatically generate software application training scripts

KnowledgeTech specializes in training non-technical people how to use their organization's available technology to accomplish their objectives. This training can encompass both packaged and proprietary applications ranging from simple word processors to complex CRM and ERP tools.

Under the terms of the agreement, Iontas' Resource Focus technology will be used to provide KnowledgeTech customers with an analysis of how their current software applications and IT assets are used to deliver their goals, identify training requirements using this analysis and quantify the gains made as a result of training. Iontas Application Capture technology will also be used to create training content without the need for complex programming skills thereby decreasing costs and increasing the depth of training for KnowledgeTech clients.

Lonnie Harmon, President of KnowledgeTech said "We're very pleased to be bringing Iontas technology to our clients. The ability to fully evaluate current application usage allows us to tailor the coaching delivered to exact requirements. We can then follow up with 'before and after' comparisons to deliver precise return on investment metrics."

About Iontas Ltd.
Iontas Limited is an innovative provider of people and enterprise resource management software solutions for today's technology-driven age. Through its comprehensive development program and partner alliances, Iontas delivers a suite of integrated management tools that allow organizations to understand the interaction of their employees with their IT assets. Based in Donegal, Ireland with U.S. headquarters in Austin, Texas, Iontas management products have been widely adopted by leading clients including British Telecom Ignite, Conduit Europe and Stream International. For more information on Iontas, visit www.iontas.com.

About KnowledgeTech
KnowledgeTech, headquartered in Horseshoe Bay, Texas, is a custom training company specializing in end-user training for enterprise resource planning (ERP) and proprietary software systems. A privately held company, KnowledgeTech provides instructional design, curriculum development, training delivery, and end-user support services nationwide. KnowledgeTech's clients include Fortune 500 companies, non-profit organizations, emerging technologies and government agencies. For more information, visit www.knowledgetech.cc.