NEXXAR GROUP/OMNEX SELECTS THE EDCOMM GROUP TO DELIVER MONEY SERVICES BUSINESS COMPLIANCE TRAINING

(NEW YORK, NY) – October 26, 2006

Nexxar Group/Omnex has selected The Edcomm Group to deliver Money Services Businesses Compliance training for its training needs. Nexxar also chose to implement Edcomm’s own LMS, Learning Link® for hosting and maintenance.

Focus on Compliance for Money Services Businesses, a computer-based, distance-learning program, can be delivered via Internet, Intranet or CD-ROM. The program teaches banking compliance using easy-to-understand language in an interactive, self-paced format. Participants learn from their own perspective, with a curriculum customized to their position. Focus on Compliance for Money Services Businesses covers: Bank Secrecy Act (BSA), Anti-Money Laundering (AML), USA PATRIOT Act, OFAC, Privacy, Reg P, Gramm-Leach Bliley Act, Right to Financial Privacy, Sarbanes-Oxley (SOX), Reg CC & Check 21, Reg D, Reg E, Reg Z, Truth in Lending, FCRA, FACT Act, HMDA, CRA, and Bank Bribery, among others. The program also includes a quick reference guide to all banking regulations, as well as a glossary of terms and a library of reference materials.

Learning Link®, Edcomm’s full-featured learning management system has an open architecture that builds on industry-standard SCORM and AICC compliance, but adds features and capabilities far beyond any competing products. Learning Link® maintains a complete record of every learning and administrative activity and offers a wide variety of customizable, real-time reports available both onscreen and in CSV formats for download and integration into any HR system. Learning Link’s servers have been issued a SAS-70 attesting to the quality of their security, business continuity and performance.

For more information about programs like this, or to find out how The Edcomm Group can customize any training program, log onto www.bankersacademy.com.

NEXXAR, founded in 2003 by leading industry specialists, is headquartered in Paramus, NJ, with a senior management base in Belgium. Under the Nexxar umbrella are: Omnex, Sendit Resources, Uno Money Transfers, BHD World Wide, Le Gõi Ti?n Le Money Transfer, Universal de Envíos and Money Twenty Four 24. Nexxar Group handles transactions for banks and financial firms that do business across borders. Additionally, the firm provides money transfer services, as well as money orders, check cashing and bill payment. This segment of the financial services spectrum is dominated by Western Union and the U.S. Post Office with thousands of small, independent businesses picking up the slack. Nexxar's strategy is to achieve a leadership position by offering consumers superior value for their money and by being a low cost provider of financial services. Nexxar has offices throughout Europe, the United States, Canada, Caribbean, Latin America, Asia, South Asia and Africa.

The Edcomm Group has had the privilege of assisting many distinguished clients with business solutions in the form of eLearning programs, classroom instruction, multimedia production and online and print based documentation. In addition to the development of customized programs, The Edcomm Group offers many off-the-shelf courses such as Teller Training, Compliance Training and Systems Training specifically designed for banks, credit unions and money services businesses that have proven themselves effective in organizations around the world.

The Edcomm Group is a 19-year-old multimedia education and communication consulting firm specializing in the development of creative business solutions that improve productivity, customer service and market share — providing bottom-line results. The Edcomm Group (www.edcomm.com) (www.bankersacademy.com) is headquartered in New York City with an Advanced Design Center located in Fort Washington, Pennsylvania.

For more information, please contact:

Linda Eagle
President, The Edcomm Group
1-888-4EDCOMM
linda.eagle@edcomm.com