St Paul, Minnesota- May 21, 2003 – MentorMate, LLC, a Twin Cities-based mobile-learning software developer and services startup announced today that the company has successfully completed raising money through a series-B second round of financing for MentorMate. The company will deploy the funds to support ongoing efforts for developing the state-of-the-art iQpakk™ mobile-learning learning content management system (LCMS) along with supporting day-to-day operating needs and business development initiatives. The funding will help position iQpakk to advance and grow with the ongoing programs in place with PalmOne and Plato Learning.

About MentorMate, LLC

MentorMate, LLC, is a Twin Cities based Minnesota company founded in 2001 on the mobile learning content management system (LCMS) iQpakk™. MentorMate also has offices in Sofia, Bulgaria.

For more information about MentorMate or its coming offerings, please visit the web site at www.mentormate.com or contact us at 612-823-4000.