SOURCE: Harvard Learning Centers, Inc.

May 07, 2007 10:00 ET

Harvard Learning Centers Announces Major Expansion of Offerings and Marketing Reach Through Online Selling via Agreement With Nova Press

BOCA RATON, FL -- (MARKET WIRE) -- May 7, 2007 -- The Harvard Learning Centers, Inc. (PINKSHEETS: HVLN) announced today that it has entered into a distribution and joint marketing agreement to offer through its web site (www.sat-act-prep.com), and to students in its classroom and tutorial programs, the full line of test preparation materials published by the Nova Press, Los Angeles, California (www.novapress.net). The Harvard Learning Centers-Nova Press line will include books, software and online courses for preparation for the SAT and for the LSAT, GMAT, GRE and MCAT graduate level tests(1). All materials will be prominently co-branded with the Harvard Learning Center brand identity.

Donald Platten, President of the Harvard Learning Centers, stated, "This agreement not only greatly expands our offerings by allowing us to enter totally new national markets consisting of students in higher education, but immensely broadens our national reach for our traditional test-prep products and services by allowing us to sell throughout the country over the Internet. Moreover, having each of these materials imprinted with our brand further establishes our national recognition and greatly assists in building our reputation."

He concluded, "Most importantly, Harvard Learning Centers is now growing aggressively in two parallel directions: the Youth Sports Training Market with the acquisitions last month of BSA Athletics, Inc., and ASAP Athletics, Inc., and our traditional core business of training the minds of our young people."

About The Harvard Learning Centers, Inc.

The Harvard Learning Centers, Inc. offers training programs for both the mind and body of teenagers and young adults. Its primary focus to date has been to offer SAT-ACT test preparations that help high school students succeed (www.sat-act-prep.com). SAT and ACT are standardized tests used by most U.S. colleges and universities for admission and placement decisions and scholarship eligibility. For SAT-ACT test preparation, the Harvard Learning Centers, Inc. offers classroom and online courses along with private tutoring. In April 2007, Harvard Learning Centers, Inc. expanded into the Youth Sports Training Market with the acquisition of BSA Athletics, Inc., an early-stage sports training and fitness company, headquartered in Boca Raton, Florida, and ASAP Athletics, Inc. ("ASAP"), which operates a 5,000-square-foot national sports training center for athletes in West Boca Raton, Florida. Harvard Learning Centers has stated that ASAP is the first of a series of "speed" camps that it plans to operate nationally.

Safe Harbor Statement

Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions, activities of competitors and the presence of new or additional competition and conditions of equity markets.

(1) SAT is a registered trademark of the College Entrance Examination Board. LSAT is a registered trademark of Law Services. GRE is a registered trademark of ETS. MCAT is a registered trademark of AAMC. GMAT is a registered trademark of the Graduate Management Admission Council.

Contact Information

  • Contact:
    Harvard Learning Centers, Inc.
    Press Relations
    Phone: 561-962-4197
    Fax: 561-962-4252