SmartPros Launches iReflect Training Software

HAWTHORNE, N.Y., Jan. 15, 2008 (PRIME NEWSWIRE) -- SmartPros Ltd. (AMEX:PED), a
leader in the field of accredited professional education and corporate training,
announced today that it has begun selling its new iReflect(tm) Training Software
to corporations and organizations. iReflect enables companies to easily create,
deliver and evaluate custom video role-play training scenarios with all of its
employees. iReflect was jointly developed by SmartPros' wholly owned subsidiary
Skye Multimedia in conjunction with Education and Training Systems International
(ETSI), a leading educational producer of training material for pharmaceutical,
biotech and medical device companies.

"iReflect empowers corporations and organizations to cost-effectively and
efficiently train and improve employee presentation and interaction without
limit to geographic areas," said Skye Multimedia President Seth Oberman. "Team
members become effective and confident at delivering a company's core messaging
by recording, watching and assessing their own physical presentations and
interactions with others."

Incorporating advanced instructional design principles and utilizing audio and
video recording technology in an intuitive interface, iReflect allows companies
to quickly build training and practice modules that increase knowledge and
awareness across an entire organization. iReflect is available for licensing in
both Internet and Intranet platforms.

The range of applications and uses for iReflect are broad. For example, programs
can be implemented for sales, customer service, help desks, marketing, product
development, human resource departments and virtually any individual or team
that interacts with clients, customers, contractors and even other employees.

"Managers and trainers can set up unique scenarios and conduct centralized
evaluations of geographically dispersed employees via iReflect's Web-based or
optional corporate Intranet installed application server," said Andy Gunning,
Vice President of ETSI. "iReflect's architecture and licensing models are
designed to meet the needs of both small and large companies."

SmartPros and ETSI recently licensed iReflect to a major healthcare company that
will use iReflect as part of its training for its U.S. sales and customer
service teams.

"It is a pleasure to announce the first sale for iReflect Training Software,"
said Allen Greene, SmartPros Chairman and CEO. "SmartPros believes iReflect is a
good fit for its existing product lines, and also creates new opportunities for
us in the training market. iReflect can realistically be used by any department
of any company that requires continuous training."

About SmartPros Ltd.

Founded in 1981, SmartPros Ltd. is an industry leader in the field of accredited
professional education and corporate training. Its products and services are
primarily focused in the accredited professional areas of corporate accounting,
financial management, public accounting, governmental and not-for-profit
accounting, financial services, banking, engineering, legal, ethics and
compliance, and information technology. SmartPros is a leading provider of
professional education products to Fortune 500 companies, as well as the major
firms and associations in each of its professional markets. SmartPros provides
education and content publishing and development services in a variety of media
including Web, CD-ROM and video. Our subscription libraries feature hundreds of
course titles and 2,300+ hours of accredited education. SmartPros' proprietary
Professional Education Center (PEC) Learning Management System (LMS) offers
enterprise distribution and administration of education content and information.
In addition, SmartPros produces a popular news and information portal for
accounting and finance professionals serving more than one million ads and
distributing more than 200,000 subscriber email newsletters each month.
SmartPros' network of sites averages more than 450,000 monthly visits, serving a
user base of 500,000+ profiled members. Visit: www.smartpros.com

The SmartPros logo is available at
http://www.primenewswire.com/newsroom/prs/?pkgid=2586

About ETSI

ETSI is an industry-leading educational producer of training material for
pharmaceutical, biotech, and medical device companies. With over three decades'
experience, they provide a full range of training services and products from
overall curriculum development to materials that answer specific pre-launch,
launch, and post-launch training needs. Their advanced degree medical writers ,
instructional designers, medical illustrators, multimedia specialists, lay out
artists, and production staff partner with you to provide cutting edge training
materials. Visit: www.etsionline.com

Safe Harbor Statement

This release may contain or identify forward looking statements. These
statements are based on assumptions and estimates, which are inherently subject
to uncertainty and contingencies that are beyond our control and are based on
future business decisions that may change.

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CONTACT: SmartPros Ltd.
Shane Gillispie, VP Marketing Services and eCommerce
253-863-8280
shanegillispie@smartpros.com