Princeton Review (REVU) Inactive

The Princeton Review is a leading provider of in-person, online and print education products and services targeting the high school and post-secondary markets. The Company was founded in 1981 to provide SAT preparation courses. Today we believe that we are among the leading providers of test preparation courses for most major post-secondary and graduate admissions tests. In December 2009, we acquired Penn Foster Education Group, a global leader in online education that provides career-focused degree and vocational programs in the fields of allied health, business, technology, education, and select other trades. At the end of the 2009-2010 school year ending in June 2010, we exited the Supplemental Educational Services (“SES”) business which provided tutoring and supplemental educational services under the No Child Left Behind Act of 2001. On March 12, 2009, we completed the sale of substantially all the assets of our K-12 Services division to CORE Education and Consulting Solutions Inc. pursuant to an Asset Purchase Agreement dated as of December 27, 2008. Our K-12 Services division provided a range of services to K-12 schools and school districts to help primary and secondary school students and teachers measurably improve academic performance. The accompanying consolidated financial statements reflect the K-12 Services division as a discontinued operation.