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Challenger Program for ResidenciesTM Signs Agreement with Vanderbilt University

Memphis, Tennessee, 02/21/06 - Challenger Corporation announced today that it had been selected by Vanderbilt University in Nashville, Tennessee to provide training content and management information reporting for their residency program in emergency medicine. Vanderbilt has 30 residents and is a three-year program. The Vanderbilt installation will also be the first Challenger residency account to incorporate Challenger/Rosen's® Emergency Medicine into its training curriculum. This unique training tool incorporates both the world's foremost medical reference in this specialty, Rosen's Emergency Medicine, with an enhanced version of Med-Challenger EM, the leading electronic test preparation and review course.

"We believe that adding the Challenger Emergency Medicine module will have multiple benefits for our residency training program," said Dr. Corey Slovis, who is Professor and Chairman of Emergency Medicine at Vanderbilt Medical Center in Nashville, Tennessee. He and Dr. Keith Wrenn, Professor of Emergency Medicine and Residency Director, have begun using Challenger to improve the training of their residents and to better structure their weekly teaching conferences.

Dr. Slovis also said, "I think a major advantage of Challenger is that it provides a guide to work through the ever increasing knowledge base we expect our residents to master. By having a Web-based tool, our residents can study at home or while on some services that may have some low-intensity times where patient care is not required."

Challenger gives each resident a shared target, provides current state-of-the-art knowledge, and even allows residents to critique questions or suggest better wording. "I believe having a dynamic product for residents, whose very nature is to question, promotes much better buy-in to this product and learning technique," said Dr. Wrenn.

With this selection, Challenger is now serving fifteen prominent emergency residency programs, nineteen family medicine residencies, three internal medicine programs, one residency in obstetrics and gynecology, as well as three programs engaged in the training of physician assistants. The financial terms of the Vanderbilt agreement were confidential, but will make a "positive contribution to our revenue growth," according to Becca Metzger, Director of Business Development for Challenger.

Challenger owns the world's largest collection of approved electronic CME media, comprising over 3,700 approved hours of credit. Thousands of physicians and other clinicians rely upon Challenger materials to prepare for specialty board exams, recertification, maintenance of certification, and lifelong learning. Challenger serves the educational and training needs of over 400,000 practicing American primary care and hospital-based physicians and nearly 70,000 physician assistants. Challenger products are approved for physician CME credit through joint sponsorships with nine medical schools and specialty societies. The company also deploys licensed electronic versions of several "bible" medical references published by Elsevier Inc., under a special joint venture publishing agreement. The Challenger deployments of these references combine the original medical text with one or more Challenger review programs to offer individuals and learning institutions an integrated review and reference resource. This is exactly the type of program selected by Vanderbilt under its new agreement with Challenger.

According to Metzger, "We have a long standing relationship with Vanderbilt as CME providers and contributors to our emergency medicine content. It is with great pleasure that we add them to our expanding number of residency client programs. Drs. Slovis and Wrenn maintain an excellently organized and productive program, and I am sure that they will continue to challenge us to reach out for ways to improve the training of young physicians." Dr. Slovis is a member of the Physician Advisory Board of Challenger, where he and several other leading physician educators advise the company on its clinical content design.


Media Contact:

Becca A. Metzger
Director of Business Development
Challenger Corporation
5050 Poplar Avenue, Ste. 430
Memphis, Tennessee 38157
Tel: (901) 762-8431
E-mail: becca.metzger@chall.com




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