Siboney Corporation

Press Release

December 5, 2001

Siboney Hires Christine Whelan as Director of Sales

St. Louis, MO—Siboney Learning Group, a subsidiary of Siboney Corporation (OTCBB:SBON) is pleased to announce the hiring of Christine Whelan as Director of Sales for its two comprehensive software product lines: Orchard Teacher’s Choice Software and Journey, effective December 17, 2001.

Christine has been a successful software sales executive for over ten years. In her most recent position, she served as Director of Sales, School Division for The Learning Company.

In this new position, Christine will be responsible for growing the sales of the company’s flagship Orchard product line and launching its new Journey educational software product through the company’s 35 territorial dealers and sales reps.

Bodie Marx, President of the Siboney Learning Group, commented, “We are delighted to attract an individual as talented and as accomplished as Christine after an aggressive nationwide search. Christine is well respected by our dealers and is poised to have a strategic impact on our continued success. We believe that many schools are looking for well researched, comprehensive and cost-effective educational software solutions in a tight economy. Christine has the experience and expertise we need today to continue our explosive growth in sales of these kinds of products in the future.”

Siboney Learning Group is a fast growing publisher of educational software for schools. Its product lines include GAMCO, Orchard: Teacher’s Choice Software, Teacher Support Software, Educational Activities Software and Journey.

Any forward looking statement is necessarily subject to significant uncertainties and risks. The words “believes,” “anticipates,” “intends,” “expects” and similar expressions are intended to identify forward looking statements. Actual results could be materially different. The Company undertakes no obligation to publicly release the results of any revisions to these forward looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

 

Contact:
Siboney Corporation, St. Louis
Bodie Marx, 314/909-1670 x110

Any forward-looking statement is necessarily subject to significant uncertainties and risks. The words “believes”, “anticipates”, “intends”, “expects” and similar expressions are intended to identify forward-looking statements. Actual results could be materially different due to various factors, including the level of education funding provided by federal and state governments, regulatory developments, product development and pricing strategies undertaken by our competitors and our ability to attract and retain key personnel. The Company undertakes no obligation to publicly release the results of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.