Press Release June 13, 2005

Brainshark Inc. Secures $6.9 Million Financing in Oversubscribed Round

BOSTON, June 13, 2005 – Brainshark, the leader in on-demand rich-media communications solutions, recently announced that is has successfully completed a $6.9 million round of Series C financing.  The funds will be used to further establish and grow Brainshark's leadership position in the market, accelerate the growth of its sales force, and expand distribution channels.

The partner from Goodwin Procter LLP who represented Brainshark in this transaction is David Powers.