Culture is the glue that binds any organization, and this is certainly the case at Serebra. All Serebrans share a passion for their work, for their relationships and for the ultimate goal of Serebra's efforts: advancing and strengthening the education of people all over the world. It is important to me that all Serebra employees think of their positions in the company as a stimulating and enjoyable part of their lives.

At Serebra, we are focused on achieving consistent, profitable growth for our shareholders, while at the same time being dedicated to employee and customer satisfaction. Our aim is to help our customers recognize and solve their education issues with compelling e-learning solutions that in turn improves their business. We provide them with excellent courseware delivered via Cortex, our proprietary and innovative learning management system. In my opinion, the way we conduct business at Serebra is the reason people do business with us.

Serebra adheres to strict standards of honesty and conducts business with uncompromising integrity and professionalism. We respect, value and welcome diversity in our workforce, our customers and our suppliers. We encourage intelligent, hard-working people who believe in the same business ideals to join and stay with Serebra. We value our diversity, creativity and enthusiasm, while demonstrating respect for each other's unique qualities.

Serebra is committed both to continuous improvement in our performance and to sharing the knowledge that we gain with our employees, customers, suppliers, shareholders, the communities in which we live and work, government and industry.

Today's students are tomorrow's leaders. That is why Serebra is committed to providing a broad spectrum of e-learning resources to encourage innovation in global education - innovation that will lead to a better world.

Sincerely,

Ted Moorhouse
President & CEO