SOURCE: Peoples Educational Holdings, Inc.

June 22, 2010 10:42 ET

Peoples Education Honored With 2010 Distinguished Achievement Award

ePath Knowledge™ -- ePath Assess™ Named Nation's Leading Assessment Tool

SADDLE BROOK, NJ--(Marketwire - June 22, 2010) -  Peoples Education (NASDAQ: PEDH), leading provider of print and online supplemental educational materials for the K-12 school market, was honored by the Association of Educational Publishers (AEP) with a 2010 Distinguished Achievement Award in the Assessment Tools category for ePath Knowledge™ -- ePath Assess™.

ePath Assess™ is part of the new ePath Knowledge™ series, which provides the perfect complement to the company's print and online educational products that so far have helped more than 12 million K-12 students improve their academic performance.

ePath Assess™ provides educators the ability to create and deliver ongoing formative assessments using easy step-by-step assessment creation tools with data-focused progress-monitoring assessments that have been customized in the format of each state's high-stakes assessment and fully aligned to each state's unique standards.

"It is definitely an honor to be recognized as a leader by the esteemed professionals at AEP," stated Brian T. Beckwith, Peoples Education CEO and President. "We applaud all of the companies recognized during this award process. We know that the rigorous judging process of the AEP Awards further validates the distinguished reputation that Peoples Education has earned providing effective solutions and tools for today's educators."

Peoples Education has taken their unique, state-customized approach for building their print-based supplemental materials and applied it to technology to create a set of highly useful online products aligned to state standards and assessments.

"With the economy, this year was an extremely difficult one for companies in the educational publishing market. Even so, our award winners continued to develop products with the highest of integrity and instructional design," said Charlene Gaynor, CEO of AEP. "It is amazing to see the amount of commitment to the process of creating quality educational materials that is evident in the many products entered into the awards program."

One of the largest and longest-running recognition programs in the industry, the AEP Awards give credit to the organizations that are leading the way in the field of educational resources and set benchmarks to which the rest of the industry can aspire. The program's Distinguished Achievement Awards (DAAs) evaluate the year's top education products according to entry category, subject, and grade level. DAA recipients are evaluated on traits such as efficacy, usability, and overall educational value and are judged by an expert panel of educators, editors, designers, and technology specialists.

About the AEP Awards
For more than four decades, the AEP Awards have honored outstanding resources for teaching and learning. One of the largest and longest-running awards programs for educational products, the AEP Awards aim to give credit and recognition to the organizations that are leading the way in the field of educational products and set benchmarks to which the rest of the industry can aspire.

About AEP
The Association of Educational Publishers (AEP) is a nonprofit organization that serves and advances the industry of supplemental educational publishing. The membership of AEP represents the breadth of educational content developers delivering progressive educational products in all media and for any educational setting.

AEP's thought leadership and market insight have created ground-breaking opportunities for its members to collaborate, network, and partner with each other as well as to acquire a voice in the development of government education policy. Founded in 1895, AEP now assists its members in navigating the global realities of educational publishing in the 21st century. For more information, please visit

About Peoples Educational Holdings, Inc.
Peoples Educational Holdings, Inc. is a publisher and marketer of print and electronic educational materials for the K-12 school market. The Company focuses its efforts in three market areas:

Test Preparation, Assessment, and Instruction

  • Test Preparation and Assessment: The Company creates and sells state-customized print and electronic test preparation and assessment materials that help teachers prepare students for success in school and for required state proficiency tests, grades 2-12.
  • Instruction: The Company produces and sells proprietary state-customized print worktexts and print and Web-based delivered assessments for grades 2-8. These products provide students with in-depth instruction and practice in reading, language arts, and mathematics. In addition, the Company's backlist remedial and multicultural products are included in this group.

The Company distributes K-8 supplemental literacy materials for three publishers on an exclusive basis in the United States. These materials include an extensive selection of leveled reading materials; high-interest engaging resources for striving readers; series that integrate reading, science, and social studies; and selections and strategies for English language learners.

College Preparation
The Company distributes instructional materials that meet the academic standards high schools require for honors, college preparation, and Advanced Placement courses. The Company is the exclusive high school distributor for two major college publishers and also creates proprietary supplemental materials for this market.

Forward-Looking Statements
This press release contains forward-looking statements (as defined in section 21E of the Securities Exchange Act of 1934) regarding the Company and its markets. These forward-looking statements involve a number of risks and uncertainties, including (1) changes in demand from customers, (2) changes in product or customer mix or revenues and in the level of operating expenses, (3) rapidly changing technologies and the Company's ability to respond thereto, (4) the impact of competitive products and pricing, (5) federal, state, and local levels of educational spending, (6) the Company's ability to retain qualified personnel, (7) the Company's ability to retain its distribution agreements in the College Preparation market, (8) the sufficiency of the Company's copyright protection, and (9) the Company's ability to continue to rely on the services of a third-party warehouse, and other factors as discussed in the Company's filings with the SEC. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. The Company undertakes no obligation to revise any forward-looking statements in order to reflect events or circumstances that may arise after the date of this press release. Readers are urged to carefully review and consider the various disclosures made by the Company in this press release and the reports the Company files with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect the Company's business and results of operations.

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