<%@LANGUAGE="VBSCRIPT" CODEPAGE="1252"%> News Release
SkillsNET
 
News Release
 
     
SkillsNET Corporation
3295 North Hwy 77
Waxahachie, Texas 75165
Voice: 972.923.2950
Fax: 972.923.2986
E-mail: info@skillsnet.com
www.skillsnet.com
  The Ynot Group and SkillsNET Corporation Enter into Joint Solution Development Agreement

Waxahachie, Texas, December 10, 2004- The Ynot Group in Virginia Beach, VA and SkillsNET Corporation in Waxahachie, TX today announced a partnership agreement to provide customers with a world-class job analysis and workforce development web-based solution. Combining the two companies' web-based applications will allow organizations to properly identify, organize, evaluate and manage the development of a workforce needed to operate in the fast moving technology environment today and in the future.

Chris Bryant, President and founding partner of The Ynot Group, said, "Here at Ynot, we've experienced tremendous success by providing easy-to-use, effective talent management solutions to clients experiencing the pain of replacing aging workers. We are truly energized to partner with SkillsNETT to provide the essential ingredient to making our Talent ReadinessT Solution even more effective. Work-based skill definition, specific to the employer, is of paramount importance to our clients and is the key to ensuring that the very real problem of worker retirement over the next ten years is not only handled, but results in a competitive advantage for our client companies. SkillsNET brings this critical component to the Ynot solution suite."

"We are excited to be working with the Ynot Group because of the synergistic relationship between our SkillObjectT technology and Ynot's unique Talent ReadinessT solution", said Michael Brown, President and CEO of SkillsNET. "Our global client organizations have been reaping major benefits over the years by utilizing our technology to accurately define their workforce requirements and then leveraging this data to make smart decisions about their human capital. Our partnership with The Ynot Group allows us to operationalize our highly accurate SkillObjectT data to drive development, teaming, and positioning of our clients' human capital in the direction that the organization wants while minimizing the waste that often accompanies traditional development methodologies."

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About SkillsNET
SkillsNET Corporation provides a revolutionary tool suite and consulting services that will allow an enterprise to rapidly capture the work, worker and workplace skill data and it's relationship to performance required to meet the demands in today's market. The SkillsNET methodology used allows employers to capture their workforce environment through web-based applications with minimal worker and capital investment. Highly trained Skills Analysts and Organizational Psychologists, available on-site or via phone to assist the employee and employer through the data collection process, support the web-based applications. At the end of the process the employer will have a detailed analysis of the skill base required in their workforce, the level of skill in the current workforce, how to organize it and the performance standard needed to operate in today's environment. SkillNET methodology is aligned with Department of Labor O*NET standards. For more information please visit www.skillsnet.com or call 888-987-6549.

About The Ynot Group
The Ynot Group, LLC. is a premier provider of talent readiness software solutions, targeting the resolution of real business problems. Ynot specializes in clients in highly regulated industries such as energy and healthcare to ensure human capital is appropriately aligned to meet business goals. Ynot's software solutions are work centric and designed to drive rapid knowledge and skill development in new employees while providing easy knowledge capture from exiting employees. Ynot's solutions enable clients to manage each element of the talent readiness equation, including knowledge, skill & competency, physical readiness, certification and compliance. The Ynot solutions provide assurance that the right employees are hired for physical labor jobs, that employees have the knowledge and skills they need to successfully perform work, and that the organization itself is positioned to reach its goals and to take advantage of market opportunities. Ynot tools are in use today supporting hundreds of thousands of employees worldwide ranging from the executive suite to the plant floor. For more information on The Ynot Group, its products and services go to http://www.ynotgroup.com or call 877-965-9668.