SOURCE: College Partnership

October 31, 2007 09:45 ET

College Partnership Announces Workshop Results

LAKEWOOD, CO--(Marketwire - October 31, 2007) - College Partnership, Inc. (CPI) (PINKSHEETS: CGPA) today announced the results from the reformatting of workshops in this fiscal half of 2007.

The results of a 10 week set of trial workshops, if projected over a full year with proper funding, would produce an annualized run rate in excess of the $18.7 million revenues achieved at the Company's peak in 2004.

Furthermore, said revenues during the test workshop period were at a higher rate of profitability than in 2004. This is due principally to additional product offerings, price increases for existing products which doubled the average selling price, and the slashing of over $2 million of overhead and infrastructure costs.

According to Mr. Fred Kush, Marketing Officer, the demand for CGPA's services continues to be strong. The 2007 trial run results were similar to those of 2006, confirming the Company's confidence that it will achieve very positive earnings with resumed rapid growth. The Company is seeking additional funding for future multiple site workshops.

College Partnership, Inc. is a full service college planning company offering college-bound students and their families integrated resources and services to guide them through the college preparation process. College Partnership's suite of products and services integrates career planning, college major field of study selection, college selection, preparation for college entrance tests, as well as searches for merit awards. The program consists of printed materials, exclusive, secured pass codes to proprietary websites and coaching throughout the program. The Company provides educational resources that assist families to save time, develop a plan, decrease stress and reduce college costs. For more information, visit the College Partnership, Inc. websites: http://www.yourcollegepartner.com and www.cbsa.com.

Contact Information

  • Contact:
    Jack Eversull
    The Eversull Group, Inc.
    972-378-7917
    972-378-7981 (fax)
    Email Contact