With the advances in multimedia technology, computers now support learning in many ways. Further, the Internet may make it possible to break the traditional classroom contact model. The major goal of this project work is to develop a prototype Multimedia Presentation System for Interactive Learning based on a graph model. This model is called the CONCEPT GRAPH MODEL (CGM). The CGM is a digraph in which the nodes correspond to "concepts" to be taught (learned) and a directed arc corresponds to the suggested precedence order. The CGM may be structured hierarchically. The navigation of Concept Graph Model is adjusted to suit the level of understanding of the students. While navigating the CGM, a student can listen to the lecture, see the professor's teaching on the screen, request for a quiz and receive quiz answers interactively. For further detailed discussions, the student may communicate to the professor by using the built-in E-mail sub-system. The student's progress and status can be monitored by the proposed system during the course. The proposed system is developed using Visual Basic 5.0 with Microsoft Access as the database. Module # 2 (prepared by Dr. Radhakrishnan for teaching Assembly language) is used as a sample topic to demonstrate this system