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Mentergy Ltd. is an e-learning company that provides solutions through its subsidiaries. Mentergy, Inc. is a North American e-learning subsidiary whose e-learning products and services are developed and distributed by The LearnLinc Live e-Learning division and The Allen Communication Learning Services division. Mentergy Europe is the European subsidiary. John Bryce Training supplies IT training to Israel and Europe. Allen Communication provides strategic e-learning planning. LearnLinc offers tools for delivering live instructor-led training sessions to remote classrooms and desktop PCs. In December 2002, the Company sold LearnLinc to EDT Learning, Inc. In September 2002, Mentergy filed a request with an Israeli court seeking protection from creditors and appointment of a trustee for the Company for a period of three months in order to prepare a recovery plan and an arrangement with creditors. The filing relates only to creditors of Mentergy Ltd., and not to any subsidiaries.