SOURCE: Peoples Educational Holdings, Inc.

March 19, 2010 11:29 ET

Peoples Education Announces Expansion of Practice Path™

SADDLE BROOK, NJ--(Marketwire - March 19, 2010) -  Peoples Education (NASDAQ: PEDH), a leading provider of print and online supplemental educational materials for the K-12 school market, disclosed today the expansion of their web-based, skill-based practice program, Practice Path™, into seven new markets. This expansion is indicative of the investment the organization has made in the creation and development of high-quality, state-customized technology education programs.

The ePath Knowledge™ series, which was launched in early October 2009, consists of three distinct offerings: ePath Assess™, ePath Discovery™, and Practice Path™, all of which contain design features that provide the Company with a strong competitive advantage. In addition to the Company's unique, intuitive interfaces and visually based reporting features, each product contains custom content that is written, reviewed, and edited to support individual state requirements and standards -- customization that is not available in competitive products.

Coming less than six months after the original product launch, the expansion of Practice Path™ will strengthen the overall product offering of the ePath Knowledge™ program suite and provide educators access to a student-driven, skill-based practice tool that connects students with the high-quality content that Peoples Education is known for, while allowing them to work through a learning path that is unique to the individual.

The timeline demonstrated by this release is consistent with the goals articulated by Peoples Education's president and CEO, Brian T. Beckwith, in October 2009 when he announced the organization's plans to continue to expand the availability of Practice Path™ this fiscal year.

New Practice Path™ markets include:

  1. Arizona
  2. Georgia
  3. Illinois
  4. New York
  5. Ohio
  6. Pennsylvania
  7. Virginia

For additional information about Peoples Education ePath Knowledge™ tools, go to www.ePathKnowledge.com.

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: We create and sell 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 1-12.
  • Instruction: We produce and sell proprietary state-customized print worktexts and print and web-based delivered assessments for grades 1-8. These products provide students with in-depth instruction and practice in reading, language arts, and mathematics. In addition, our backlist remedial and multicultural products are included in this group.

Literacy

  • 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 students who are in the process of learning English.

College Preparation

  • We distribute and publish instructional materials that meet the required academic standards for high schools honors, college preparation, and Advanced Placement courses. We are the exclusive high school distributor for two major college publishers. We also publish our own proprietary college preparation supplements and ancillary materials.

This press release contains forward-looking statements regarding the Company and its markets as defined in section 21E of the Securities Exchange Act of 1934. These forward-looking statements involve a number of risks and uncertainties, including (1) demand from major customers, (2) effects of competition, (3) changes in product or customer mix or revenues and in the level of operating expenses, (4) rapidly changing technologies and the Company's ability to respond thereto, (5) the impact of competitive products and pricing, (6) local and state levels of educational spending, (7) ability to retain qualified personnel, (8) ability to retain its distribution agreements in the College Preparation and Literacy markets, (9) the sufficiency of the Company's copyright protection, and (10) 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 report. 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.

Contact Information

  • Peoples Educational Holdings, Inc.
    299 Market Street
    Saddle Brook, NJ 07663
    Investor Contact: James Kautz / Phone: 888-654-5318
    Press Contact: Victoria Kiely / Phone: 201-712-0090
    Email Contact