BLC Broadband Learning (Tier2)

Broadband Learning Corporation ("Broadband Learning")(TSX VENTURE:BLC), a
participant in the rapidly expanding distance learning market, today reported
its unaudited financial results for the three months ended March 31, 2009.




          3 months ending                           March 31,
                                                   ----------
($000s, except per share amounts)             2009          2008
                                              ----          ----
Sales                                           $5            $-

Gross Profit                                     5             -

Loss from continuing operations               (328)         (512)

Net loss                                     ($620)      ($1,774)

Loss per share (basic & diluted)            ($0.02)       ($0.06)

Total assets                                  $795       $12,193

Total long-term financial liabilities       $6,464        $6,677



In light of the ongoing dispute with its business partner on the i-vu project,
it is clear that the i-vu project will not become economic. Accordingly, the
Company discontinued the operations related to the i-vu project, with all
inventory and deferred charges related to the discontinued operations being
written off as impaired during 2008. The results of operations and financial
position of the i-vu project have been segregated and presented separately as
discontinued operations in the Company's consolidated financial statements. As a
result, no revenues, cost of goods sold, gross profit or selling and marketing
expenses are presented in the Company's income statement for 2008. Very modest
sales occurred in the first quarter of 2009 as the Company was trying to resolve
the i-vu situation and restart its distance learning business.


Loss from discontinued operations was $293 thousand in Q1 of 2009 versus $1,262
thousand in Q1 of 2008. While the assets related to the i-vu project were
written off in 2008, criteria had not been met as at March 31, 2008 to
extinguish a liability of $10,851 thousand related to this project. Management
considers it unlikely that the Company will have to fulfil this other liability;
and the other liability may be taken into income in a future period. Settlement
discussions are at a very advanced stage on the i-vu legal actions and, in light
of the filing for liquidation of i-vu's UK parent, the parties have agreed in
principle to discontinue the actions and provide mutual releases with no
payments to each other. A formal settlement agreement is at the draft stage.


About Broadband Learning Corporation

Broadband Learning Corporation produces, delivers, supports and manages distance
learning content for professionals, corporations and consumers. The Company is
addressing the professional development market by providing an Internet or
digital media-based learning system with on-demand access, multimedia
educational resources, and administrative management capabilities. The Company
provides wide area network and satellite services across North America and other
parts of the world. The Company enables training companies, instructors and
content providers to protect their intellectual properties and realize a
significant expansion of their reach. Broadband Learning serves North America
and many points around the world from its offices in Salt Lake City, Utah.


This press release may contain forward-looking statements relating to, among
other things, Broadband Learning's expectations concerning future product demand
and growth opportunities and customer acceptance of its products. These
forward-looking statements are neither promises nor guarantees, but involve
risks and uncertainties that may cause actual results to differ materially from
those in the forward-looking statements. Broadband Learning disclaims any
obligation to publicly update or revise any such statements. The TSX Venture
Exchange has neither approved nor disapproved the contents of this press
release.


This news release will not constitute an offer to sell or the solicitation of
any offer to buy the securities in any jurisdiction. The securities offered will
not be and have not been registered under the United States Securities Act of
1933 and may not be offered or sold in the United States.

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