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<P align="center"><B>As filed with the Securities and Exchange
Commission on June 29, 2001</B>

<P align="right"><B>Registration No.&nbsp;333-_______</B>
<P>
<hr noshade size=1>

<P align="center"><B>SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B>

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<P>


<P align="center"><B>FORM S-8</B>

<P align="center"><B>REGISTRATION STATEMENT<BR>
under<BR>
THE SECURITIES ACT OF 1933</B>


<P align="center"><B>VCampus Corporation<BR></B>
<HR NOSHADE SIZE=1 WIDTH=50%>
<center>
(Exact name of issuer as specified in its charter)
</center>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%" align="center">
<TR valign="bottom">
        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="44%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2"><B>Delaware</B></FONT></TD>
        <TD></TD>
        <TD  align="center" valign="top"><FONT size="2">
<B>54-1290319</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2"><HR size="1"></FONT></TD>
        <TD></TD>
        <TD  align="center" valign="top"><FONT size="2">
<HR size="1"></FONT></TD>
</TR>
<TR valign="bottom">
        <TD align="center" valign="top"><FONT size="2">(State or other jurisdiction of<BR>
incorporation or organization)</FONT></TD>
        <TD></TD>
        <TD  align="center" valign="top"><FONT size="2">
(I.R.S. Employer<BR>
Identification Number)</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><B>1850 Centennial Park Drive, Suite&nbsp;200, Reston, Virginia 20191</B><BR>
<HR NOSHADE SIZE=1 WIDTH=60%>
<CENTER>
(Address of Principal Executive Offices) (Zip Code)
</CENTER>


<P align="center"><B>1996 Stock Plan</B><BR>
(Full title of the plans)



<P align="center"><B>Daniel J. Neal, Chief Executive Officer<BR>
VCampus Corporation<BR>
1850 Centennial Park Drive, Suite&nbsp;200<BR>
Reston, Virginia 20191<BR></B><HR NOSHADE SIZE=1 WIDTH=21%>
<center>
(Name and address of agent for service)
</CENTER>


<P align="center"><B>(703)&nbsp;893-7800</B><BR><HR NOSHADE SIZE=1 WIDTH=17%>
<CENTER>
(Telephone number, including area code, of agent for service)
</CENTER>


<P align="center">Copies to:<BR>
Kevin A. Prakke, Esq.<BR>
Wyrick Robbins Yates &#38; Ponton LLP<BR>
4101 Lake Boone Trail, Suite&nbsp;300<BR>
Raleigh, North Carolina 27607<BR>
(919)&nbsp;781-4000


<P align="center"><B>CALCULATION OF REGISTRATION FEE</B>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="85%" align="center">
<TR valign="bottom">
        <TD width="22%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="10%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="10%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="6%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="9%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="9%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="6%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="7%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Proposed</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Proposed</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="2"><B>Title of</B></FONT></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>maximum</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>maximum</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="2"><B>securities to</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Amounts to</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>offering price</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>aggregate</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>Amount of</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="2"><B>be registered</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>be registered</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>per share</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>offering price</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center" colspan="3"><FONT size="2"><B>registration fee</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
        <TD></TD>
        <TD colspan="3"><HR size="1"></TD>
</TR>

<TR valign="bottom">
        <TD><FONT size="2"><B>Common Stock,<br>
par value</B></FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD><FONT size="2"><B>$0.01 per share</B></FONT></TD>
        <TD></TD>
        <TD align="right"></TD>
        <TD align="right" NOWRAP><FONT size="2"><B>1,500,000 shares</B></FONT></TD>
        <TD></TD>
        <TD></TD>
        <TD nowrap align="right"><FONT size="2"><B>$</B></FONT></TD>
        <TD align="right"><FONT size="2"><B>1.51</B></FONT></TD>
        <TD nowrap><FONT size="2"><B>(1)</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="right"><FONT size="2"><B>$</B></FONT></TD>
        <TD align="right"><FONT size="2"><B>2,265,000</B></FONT></TD>
        <TD nowrap><FONT size="2"><B>(1)</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="right"><FONT size="2"><B>$</B></FONT></TD>
        <TD align="right"><FONT size="2"><B>566.25</B></FONT></TD>
        <TD nowrap><FONT size="2"><B>(1)</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD><HR size="4" noshade></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD><HR size="4" noshade></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD><HR size="4" noshade></TD>
        <TD></TD>
        <TD></TD>
        <TD></TD>
        <TD><HR size="4" noshade></TD>
        <TD></TD>
</TR>
</TABLE>
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<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
        <TD width="1%" align="left">(1)</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="96%"><B>Estimated solely for the purpose of calculating the registration fee
pursuant to Rule&nbsp;457(c), based on the average of the high and low prices
for the Common Stock on the NASDAQ SmallCap Market on June&nbsp;27, 2001.</B></TD>
</TR>
</TABLE>
<P align="center">&nbsp;
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<P align="center"><B>Part II</B>

<P align="center"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>

<P>Item&nbsp;3.&nbsp;<B>Incorporation of Documents by Reference.</B>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents heretofore filed by VCampus Corporation, formerly
UOL Publishing, Inc. (the &#147;Company&#148;), with the Securities and Exchange
Commission (the &#147;Commission&#148;) are incorporated herein by reference:

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The Company&#146;s Annual Report on Form&nbsp;10-K for the fiscal year ended
December&nbsp;31, 2000 filed pursuant to Section&nbsp;13 of the Securities and Exchange
Act of 1934, as amended (the &#147;Exchange Act&#148;);

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Company's Quarterly Report on Form 10-Q for the fiscal quarter ended
March 31, 2001 filed pursuant to Section 13 of the Exchange Act; and

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;The description of the Company&#146;s Common Stock contained in the
Company&#146;s Registration Statement on Form&nbsp;8-A (File No.&nbsp;0-21421) filed pursuant
to Section&nbsp;12 of the Exchange Act, including any amendment or report filed for
the purpose of updating such description.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Company pursuant to Sections&nbsp;13(a), 13(c), 14
or 15(d) of the Exchange Act after the date hereof and prior to the filing of a
post-effective amendment that indicates that all securities offered under this
registration statement have been sold or that deregisters all securities then
remaining unsold shall be deemed to be incorporated by reference herein and to
be part hereof from the date of filing of such documents.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in a document incorporated by reference herein
shall be deemed to be modified or superseded for purposes hereof to the extent
that a statement contained herein (or in any other subsequently filed document
that also is or is deemed to be incorporated by reference herein) modifies or
supersedes such statement. Any statement so modified or superseded shall not
be deemed to constitute a part hereof except as so modified or superseded.

<P>Item&nbsp;4.&nbsp;<B>Description of Securities</B>.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

<P>Item&nbsp;5.&nbsp;<B>Interests of Named Experts and Counsel</B>.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Not applicable.

<P>Item&nbsp;6.&nbsp;<B>Indemnification of Directors and Officers</B>.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;145 (&#147;Section&nbsp;145&#148;) of the Delaware General Corporation Law, as
amended, generally provides that a director or officer of a corporation (i)
shall be indemnified by the corporation for all expense of such legal
proceedings when he or she is successful on the merits, (ii)&nbsp;may be indemnified
by the corporation for the expenses, judgments, fines and amounts paid in
settlement of such proceedings (other than a derivative suit), even if he or
she is not successful on the merits, if he or she acts in good faith and in a
manner he or she reasonably believes to be in or not opposed to the best
interests of the corporation, and, with respect to any criminal action or
proceedings, had no reasonable cause to believe his or her conduct was
unlawful, and (iii)&nbsp;may

<P align="center">2
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<P>be indemnified by the corporation for the expenses of a derivative suit (a suit
by a stockholder alleging a breach by a director or officer of a duty owed to
the corporation), even if he or she is not successful on the merits, if he or
she acted in good faith and in a manner he or she reasonably believed to be in
or not opposed to the best interest of the corporation. No indemnification may
be made under clause (iii)&nbsp;above, however, if the director or officer is
adjudged liable for negligence or misconduct in the performance of his or her
duties to the corporation, unless a corporation determines that, despite such
adjudication, but in view of all the circumstances, he or she is entitled to
indemnification. The indemnification described in clauses (ii)&nbsp;and (iii)&nbsp;above
may be made upon a determination that indemnification is proper because the
applicable standard of conduct has been met. Such a determination may be made
by a majority of a quorum of disinterested directors, independent legal
counsel, the stockholders or a court of competent jurisdiction.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Article&nbsp;VI of the Company&#146;s Bylaws provides in substance that, to the
fullest extent permitted by Delaware law as it now exists or as amended, each
director and officer shall be indemnified against reasonable costs and
expenses, including attorneys&#146; fees and any liabilities which he or she may
incur in connection with any action to which he or she may be made a party by
reason or his or her being or having been a director or officer of the
Registrant. The indemnification provided by the Company&#146;s Bylaws is not deemed
exclusive of or intended in any way to limit any other rights to which any
person seeking indemnification may be entitled.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section&nbsp;102(b)(7) of the Delaware General Corporation Law, as amended,
permits a corporation to provide in its Certificate of Incorporation that a
director of the corporation shall not be personally liable to the corporation
or its stockholders for monetary damages for breach of fiduciary duty as a
director, except for liability (i)&nbsp;for any breach of the director&#146;s duty of
loyalty to the corporation or its stockholders, (ii)&nbsp;for acts or omissions not
in good faith or which involve intentional misconduct or a knowing violation of
law, (iii)&nbsp;under Section&nbsp;174 of the Delaware General Corporation Law, or (iv)
for any transaction from which the director derived an improper personal
benefit. Article&nbsp;VII of the Company&#146;s Certificate of Incorporation provides
for the elimination of personal liability of a director for breach of fiduciary
duty, as permitted by Section&nbsp;102(b)(7) of the Delaware General Corporation
Law.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Registrant maintains liability insurance insuring the Registrant&#146;s
officers and directors against liabilities that they may incur in such
capacities.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar as indemnification for liabilities arising under the Act may be
permitted to directors, officers or persons controlling the registrant pursuant
to the foregoing provisions, the Registrant has been informed that in the
opinion of the Securities and Exchange Commission such indemnification is
against public policy as expressed in the Act and is therefore unenforceable.

<P align="center">3
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<P>Item&nbsp;7.&nbsp;<B>Exemption from Registration Claimed</B>.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;With respect to restricted securities to be reoffered or resold pursuant
to this registration statement, if any, the sales of such securities were
deemed to be exempt from registration under the Act in reliance upon Section
4(2) of the Act or Regulation&nbsp;D or Rule&nbsp;701 promulgated thereunder as
transactions by an issuer not involving a public offering. Recipients of the
securities in each such transaction represented their intentions to acquire
such securities for investment only and not with a view to or for sale in
connection with any distribution thereof and appropriate legends were affixed
to the instruments issued in such transactions. All recipients had adequate
access to information about the Company.

<P>Item&nbsp;8.&nbsp;<B>Exhibits</B>.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following exhibits are filed as part of this Registration Statement:

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="75%" align="center">
<TR valign="bottom">
        <TD width="8%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="79%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="2"><B>Exhibit</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="2"><B>Number</B></FONT></TD>
        <TD></TD>
        <TD nowrap align="center"><FONT size="2"><B>Description</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1"></TD>
        <TD></TD>
        <TD nowrap align="center"><HR size="1"></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">5.1</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Opinion of Wyrick Robbins Yates &#38; Ponton LLP</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">10.9*</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
1996 Stock Plan</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">23.1</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Consent of Ernst &#38; Young LLP, independent auditors</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">23.2</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Consent of Wyrick Robbins Yates &#38; Ponton LLP (included in Exhibit&nbsp;5.1).</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">24.1</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Power of Attorney (see page S-1).</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P>

<HR size="2" width="10%" align="left" noshade>

<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
      <TD width="1%" align="left">*</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="96%">Previously filed</TD>
</TR>
</TABLE>
<P>Item&nbsp;9.&nbsp;<B>Undertakings</B>.

<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="3%"></TD>
        <TD width="97%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;The undersigned registrant hereby undertakes:</TD>
</TR>
</TABLE>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="6%"></TD>
        <TD width="94%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement to
include any material information with respect to the plan of distribution
not previously disclosed in the registration statement or any material
change to such information in the registration statement;</TD>
</TR>
</TABLE>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="6%"></TD>
        <TD width="94%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be
deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof; and</TD>
</TR>
</TABLE>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR>
        <TD width="6%"></TD>
        <TD width="94%"></TD>
</TR>
<TR valign="top">
        <TD>&nbsp;</TD>
        <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at
the termination of the offering.</TD>
</TR>
</TABLE>
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<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant&#146;s annual report pursuant to Section&nbsp;13(a) or 15(d) of the Securities
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan&#146;s annual report pursuant to Section&nbsp;15(d) of the Securities Exchange Act
of 1934) that is incorporated by reference in the Registration Statement shall
be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.

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<P align="center"><B>SIGNATURES</B>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the Company
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form&nbsp;S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Reston, State of Virginia, on the
29<sup>th</sup> day of June
2001.

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%" align="center">
<TR valign="bottom">
        <TD width="12%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="83%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"></TD>
        <TD></TD>
        <TD  align="left" valign="top">
VCAMPUS CORPORATION</TD>
</TR>
<TR><TD><FONT size="2">&nbsp;</FONT></TD></TR>
<TR valign="bottom">
        <TD valign="top">By:</TD>
        <TD></TD>
        <TD  align="left" valign="top">
/s/ Daniel J. Neal<BR><HR NOSHADE SIZE=1>
Daniel J. Neal,<BR>
Chief Executive Officer</TD>
</TR>
</TABLE>
</CENTER>
<P align="center"><B>POWER OF ATTORNEY</B>

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each person whose signature appears below constitutes and appoints Daniel
J. Neal and Michael A. Schwein, and each of them, his true and lawful
attorney-in-fact and agent, with full powers of substitution and
resubstitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement, and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorney-in-fact and
agent, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully for all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or his substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.

<P>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this Form&nbsp;S-8
has been signed below by the following persons in the capacities and on the
date indicated.

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="65%" align="center">
<TR valign="bottom">
        <TD width="42%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="31%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="17%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD align=center valign="top"><FONT size="2">Signature</FONT></TD>
        <TD></TD>
        <TD align="center" valign="top"><FONT size="2">
Title
</FONT></TD>
        <TD></TD>
        <TD  align="center" valign="top"><FONT size="2">Date</FONT></TD>
</TR>


<TR valign="bottom">
        <TD valign="top"><FONT size="2"><HR size="1"></FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
<HR size="1">
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><HR size="1"></TD>
</TR>

<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR valign="bottom">
        <TD NOWRAP valign="top"><FONT size="2">/s/ Narasimhan P. Kannan<br> <HR NOSHADE SIZE=1>Narasimhan P. Kannan
</FONT></TD>
        <TD></TD>
        <TD NOWRAP align="left" valign="top"><FONT size="2">
Chairman of the
Board of<br> Directors
</FONT></TD>
        <TD></TD>

<TD NOWRAP align="left" valign="top"><FONT size="2">June&nbsp;29, 2001</FONT></TD>
</TR>
<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD NOWRAP valign="top"><FONT size="2"></FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Daniel J. Neal<br> <HR NOSHADE SIZE=1>Daniel J. Neal</FONT></TD>
        <TD></TD>
        <TD nowrap align="left" valign="top"><FONT size="2">
Chief Executive
Officer <BR>(Principal
Executive Officer)
</FONT></TD>
        <TD></TD>
        <TD NOWRAP align="left" valign="top"><FONT size="2">June 29, 2001</FONT></TD>
</TR>
<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD NOWRAP valign="top"><FONT size="2"></FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD NOWRAP valign="top"><FONT size="2">/s/ Michael A. Schwien<br> <HR NOSHADE SIZE=1>Michael A. Schwien
</FONT></TD>
        <TD></TD>
        <TD NOWRAP align="left" valign="top"><FONT size="2">
Chief Financial
Officer <br>(Principal
Financial and<br>
Accounting Officer)
</FONT></TD>
        <TD></TD>

<TD NOWRAP align="left" valign="top"><FONT size="2">June&nbsp;29, 2001</FONT></TD>
</TR>
<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"></FONT></TD>
</TR>
</TABLE>
</CENTER>
<P align="center">S-1
<!-- PAGEBREAK -->
<P><HR noshade><P>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%" align="center">
<TR valign="bottom">
        <TD width="52%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="15%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="23%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Edson D. deCastro<BR><hr noshade size=1></FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">June 29, 2001</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">Edson D. deCastro</FONT></TD>
</TR>


<TR><TD><TR><TD><TR><TD><TR><TD>

<TR>
<TD>
&nbsp;
</TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2"><hr noshade size=1>Barry K. Fingerhut</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">June __, 2001</FONT></TD>
</TR>

<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ William E. Kimberly<BR><hr noshade size=1></FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">June&nbsp;29, 2001</FONT></TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">William E. Kimberly</FONT></TD>
</TR>
<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ John D. Sears<BR><hr noshade size=1>
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">June 12, 2001</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">John D. Sears</FONT></TD>
</TR>
<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Ashok Trivedi<BR><hr noshade size=1></FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">June&nbsp;29, 2001</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">Ashok Trivedi</FONT></TD>
</TR>

<TR>
<TD>
&nbsp;&nbsp;&nbsp;&nbsp;
</TD>
</TR>

<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"><BR><hr noshade size=1></FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD></TD>
        <TD  align="left" valign="top"><FONT size="2">June __, 2001</FONT></TD>
</TR>
<TR><TD><TR><TD><TR><TD><TR><TD>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">Martin E. Maleska</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center">S-2

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "w50349s-8.htm", "description": "REGISTRATION STATEMENT, FORM S-8", "secsgml_size_bytes": 29949}]
{"company-data": {"conformed-name": "VCAMPUS CORP", "cik": "0000943742", "assigned-sic": "8900", "irs-number": "541290319", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-64166", "film-number": "1671966"}, "business-address": {"street1": "1850 CENTENNIAL PARK DR", "street2": "SIUTE 200", "city": "RESTON", "state": "VA", "zip": "20191", "phone": "7038937800"}, "mail-address": {"street1": "8251 GREENSBORO DRIVE", "street2": "SUITE 500", "city": "MCLEAN", "state": "VA", "zip": "22102"}, "former-company": [{"former-conformed-name": "UOL PUBLISHING INC", "date-changed": "19960917"}, {"former-conformed-name": "UNIVERSITY ONLINE INC", "date-changed": "19960903"}]}
s-8
As filed with the Securities and Exchange
Commission on June 29, 2001
Registration No. 333-_______
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT
under
THE SECURITIES ACT OF 1933
VCampus Corporation
(Exact name of issuer as specified in its charter)
Delaware
54-1290319
(State or other jurisdiction of
incorporation or organization)
(I.R.S. Employer
Identification Number)
1850 Centennial Park Drive, Suite 200, Reston, Virginia 20191
(Address of Principal Executive Offices) (Zip Code)
1996 Stock Plan
(Full title of the plans)
Daniel J. Neal, Chief Executive Officer
VCampus Corporation
1850 Centennial Park Drive, Suite 200
Reston, Virginia 20191
(Name and address of agent for service)
(703) 893-7800
(Telephone number, including area code, of agent for service)
Copies to:
Kevin A. Prakke, Esq.
Wyrick Robbins Yates & Ponton LLP
4101 Lake Boone Trail, Suite 300
Raleigh, North Carolina 27607
(919) 781-4000
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
Title of
maximum
maximum
securities to
Amounts to
offering price
aggregate
Amount of
be registered
be registered
per share
offering price
registration fee
Common Stock,
par value
$0.01 per share
1,500,000 shares
$
1.51
(1)
$
2,265,000
(1)
$
566.25
(1)
(1)
Estimated solely for the purpose of calculating the registration fee
pursuant to Rule 457(c), based on the average of the high and low prices
for the Common Stock on the NASDAQ SmallCap Market on June 27, 2001.
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The following documents heretofore filed by VCampus Corporation, formerly
UOL Publishing, Inc. (the "Company"), with the Securities and Exchange
Commission (the "Commission") are incorporated herein by reference:
(a) The Company's Annual Report on Form 10-K for the fiscal year ended
December 31, 2000 filed pursuant to Section 13 of the Securities and Exchange
Act of 1934, as amended (the "Exchange Act");
(b) The Company's Quarterly Report on Form 10-Q for the fiscal quarter ended
March 31, 2001 filed pursuant to Section 13 of the Exchange Act; and
(c) The description of the Company's Common Stock contained in the
Company's Registration Statement on Form 8-A (File No. 0-21421) filed pursuant
to Section 12 of the Exchange Act, including any amendment or report filed for
the purpose of updating such description.
All documents filed by the Company pursuant to Sections 13(a), 13(c), 14
or 15(d) of the Exchange Act after the date hereof and prior to the filing of a
post-effective amendment that indicates that all securities offered under this
registration statement have been sold or that deregisters all securities then
remaining unsold shall be deemed to be incorporated by reference herein and to
be part hereof from the date of filing of such documents.
Any statement contained in a document incorporated by reference herein
shall be deemed to be modified or superseded for purposes hereof to the extent
that a statement contained herein (or in any other subsequently filed document
that also is or is deemed to be incorporated by reference herein) modifies or
supersedes such statement. Any statement so modified or superseded shall not
be deemed to constitute a part hereof except as so modified or superseded.
Item 4.
Description of Securities
.
Not applicable.
Item 5.
Interests of Named Experts and Counsel
.
Not applicable.
Item 6.
Indemnification of Directors and Officers
.
Section 145 ("Section 145") of the Delaware General Corporation Law, as
amended, generally provides that a director or officer of a corporation (i)
shall be indemnified by the corporation for all expense of such legal
proceedings when he or she is successful on the merits, (ii) may be indemnified
by the corporation for the expenses, judgments, fines and amounts paid in
settlement of such proceedings (other than a derivative suit), even if he or
she is not successful on the merits, if he or she acts in good faith and in a
manner he or she reasonably believes to be in or not opposed to the best
interests of the corporation, and, with respect to any criminal action or
proceedings, had no reasonable cause to believe his or her conduct was
unlawful, and (iii) may
2
be indemnified by the corporation for the expenses of a derivative suit (a suit
by a stockholder alleging a breach by a director or officer of a duty owed to
the corporation), even if he or she is not successful on the merits, if he or
she acted in good faith and in a manner he or she reasonably believed to be in
or not opposed to the best interest of the corporation. No indemnification may
be made under clause (iii) above, however, if the director or officer is
adjudged liable for negligence or misconduct in the performance of his or her
duties to the corporation, unless a corporation determines that, despite such
adjudication, but in view of all the circumstances, he or she is entitled to
indemnification. The indemnification described in clauses (ii) and (iii) above
may be made upon a determination that indemnification is proper because the
applicable standard of conduct has been met. Such a determination may be made
by a majority of a quorum of disinterested directors, independent legal
counsel, the stockholders or a court of competent jurisdiction.
Article VI of the Company's Bylaws provides in substance that, to the
fullest extent permitted by Delaware law as it now exists or as amended, each
director and officer shall be indemnified against reasonable costs and
expenses, including attorneys' fees and any liabilities which he or she may
incur in connection with any action to which he or she may be made a party by
reason or his or her being or having been a director or officer of the
Registrant. The indemnification provided by the Company's Bylaws is not deemed
exclusive of or intended in any way to limit any other rights to which any
person seeking indemnification may be entitled.
Section 102(b)(7) of the Delaware General Corporation Law, as amended,
permits a corporation to provide in its Certificate of Incorporation that a
director of the corporation shall not be personally liable to the corporation
or its stockholders for monetary damages for breach of fiduciary duty as a
director, except for liability (i) for any breach of the director's duty of
loyalty to the corporation or its stockholders, (ii) for acts or omissions not
in good faith or which involve intentional misconduct or a knowing violation of
law, (iii) under Section 174 of the Delaware General Corporation Law, or (iv)
for any transaction from which the director derived an improper personal
benefit. Article VII of the Company's Certificate of Incorporation provides
for the elimination of personal liability of a director for breach of fiduciary
duty, as permitted by Section 102(b)(7) of the Delaware General Corporation
Law.
The Registrant maintains liability insurance insuring the Registrant's
officers and directors against liabilities that they may incur in such
capacities.
Insofar as indemnification for liabilities arising under the Act may be
permitted to directors, officers or persons controlling the registrant pursuant
to the foregoing provisions, the Registrant has been informed that in the
opinion of the Securities and Exchange Commission such indemnification is
against public policy as expressed in the Act and is therefore unenforceable.
3
Item 7.
Exemption from Registration Claimed
.
With respect to restricted securities to be reoffered or resold pursuant
to this registration statement, if any, the sales of such securities were
deemed to be exempt from registration under the Act in reliance upon Section
4(2) of the Act or Regulation D or Rule 701 promulgated thereunder as
transactions by an issuer not involving a public offering. Recipients of the
securities in each such transaction represented their intentions to acquire
such securities for investment only and not with a view to or for sale in
connection with any distribution thereof and appropriate legends were affixed
to the instruments issued in such transactions. All recipients had adequate
access to information about the Company.
Item 8.
Exhibits
.
The following exhibits are filed as part of this Registration Statement:
Exhibit
Number
Description
5.1
Opinion of Wyrick Robbins Yates & Ponton LLP
10.9*
1996 Stock Plan
23.1
Consent of Ernst & Young LLP, independent auditors
23.2
Consent of Wyrick Robbins Yates & Ponton LLP (included in Exhibit 5.1).
24.1
Power of Attorney (see page S-1).
*
Previously filed
Item 9.
Undertakings
.
(a) The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales are being
made, a post-effective amendment to this registration statement to
include any material information with respect to the plan of distribution
not previously disclosed in the registration statement or any material
change to such information in the registration statement;
(2) That, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be
deemed to be a new registration statement relating to the securities
offered therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof; and
(3) To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at
the termination of the offering.
4
(b) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
registrant's annual report pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934 (and, where applicable, each filing of an employee benefit
plan's annual report pursuant to Section 15(d) of the Securities Exchange Act
of 1934) that is incorporated by reference in the Registration Statement shall
be deemed to be a new registration statement relating to the securities offered
therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the registrant pursuant to the foregoing provisions, or otherwise,
the registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
registrant of expenses incurred or paid by a director, officer or controlling
person of the registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant will, unless in
the opinion of its counsel the matter has been settled by controlling
precedent, submit to a court of appropriate jurisdiction the question whether
such indemnification by it is against public policy as expressed in the Act and
will be governed by the final adjudication of such issue.
5
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Company
certifies that it has reasonable grounds to believe that it meets all of the
requirements for filing on Form S-8 and has duly caused this registration
statement to be signed on its behalf by the undersigned, thereunto duly
authorized, in the City of Reston, State of Virginia, on the
29
th
day of June
2001.
VCAMPUS CORPORATION
By:
/s/ Daniel J. Neal
Daniel J. Neal,
Chief Executive Officer
POWER OF ATTORNEY
Each person whose signature appears below constitutes and appoints Daniel
J. Neal and Michael A. Schwein, and each of them, his true and lawful
attorney-in-fact and agent, with full powers of substitution and
resubstitution, for him and in his name, place and stead, in any and all
capacities, to sign any and all amendments (including post-effective
amendments) to this Registration Statement, and to file the same, with all
exhibits thereto, and other documents in connection therewith, with the
Securities and Exchange Commission, granting unto said attorney-in-fact and
agent, full power and authority to do and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully for all
intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent, or his substitute or
substitutes, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this Form S-8
has been signed below by the following persons in the capacities and on the
date indicated.
Signature
Title
Date
/s/ Narasimhan P. Kannan
Narasimhan P. Kannan
Chairman of the
Board of
Directors
June 29, 2001
/s/ Daniel J. Neal
Daniel J. Neal
Chief Executive
Officer
(Principal
Executive Officer)
June 29, 2001
/s/ Michael A. Schwien
Michael A. Schwien
Chief Financial
Officer
(Principal
Financial and
Accounting Officer)
June 29, 2001
S-1
/s/ Edson D. deCastro
Director
June 29, 2001
Edson D. deCastro
Barry K. Fingerhut
Director
June __, 2001
/s/ William E. Kimberly
Director
June 29, 2001
William E. Kimberly
/s/ John D. Sears
Director
June 12, 2001
John D. Sears
/s/ Ashok Trivedi
Director
June 29, 2001
Ashok Trivedi
Director
June __, 2001
Martin E. Maleska
S-2