CMS Merges One Day University with The Learning Annex

PHILADELPHIA, April 10, 2008 -- The CMS Small Cap Private Equity Fund has merged its portfolio company One Day University with The Learning Annex.

One Day University is an educational event planning company that offers students one-day seminars and lectures from the nation's leading college and university professors. The Learning Annex is a recognized brand in the adult learning industry, providing self-improvement seminars, expos and lectures throughout the U.S. and Canada in live, teleconference and online settings. The combined enterprise will do business under the Learning Annex name.

The merger provides One Day University with a proven, sales focused, management team led by The Learning Annex founder, Bill Zanker.

One Day University's operations will help fuel the growth of the company's continuing education business and will add a new academic learning vertical to The Learning Annex. Current verticals within The Learning Annex include spirituality, small business and personal finance. One Day University will continue to deliver live lectures in its traditional in-person format while leveraging The Learning Annex's online model to allow for broader distribution.

"We believe that The Learning Annex's team, brand and multiple verticals will enhance and elevate One Day University's unique content and its delivery to live and online audiences," said Daniel Eisenstadt, Managing Director of Private Equity at CMS.

"At The Learning Annex we are committed to delivering adult education across several verticals. To that end, we are excited to continue to serve One Day University's passionate students by delivering great lectures from the best professors in the world," said Bill Zanker, CEO of The Learning Annex.

Contact: Heather Moore, pr@learningannex.com