Education 2020 Enters Into Agreement with Penn Foster Education Group for Advanced Placement and Career Elective Courses

SCOTTSDALE, Ariz., Jan. 31, 2011 /PRNewswire/ -- Education 2020 (e2020, Inc.), a national leader in online virtual education solutions, today announced a new agreement with Penn Foster Education Group.  The agreement provides Education 2020 the right to offer Penn Foster Advanced Placement and Career Elective Courses to the K12 market.  Penn Foster is a subsidiary of The Princeton Review, Inc. (Nasdaq: REVU). These one and two semester courses add to the comprehensive offerings developed by Education 2020 and provide public and private schools an expanded offering of online core, advanced placement, and elective subjects designed to meet individual student needs.  

The fifteen College Board approved advanced placement courses include key subject offerings: Art History, Biology, Calculus AB, Chemistry, English Language & Composition, English Literature & Composition, European History, Human Geography, Micro Economics, Psychology, Spanish Language, Statistics, U.S. Government and Politics, U.S. History, and World History.  The 29 Career Electives, designed to allow students the opportunity to explore a variety of career options, include: Automotive Engine Theory, Bookkeeping 1 & 2, Business Software Apps 1, Computer Art, Computing for College and Careers, Construction Theory, Dental Assisting Theory 1 & 2, Digital Design, Electricity 1, Electronics Tech 1 & 2, Food Preparation Theory, Health Science 1, HVAC Theory, Intro to Interior Decorating, Intro to Paralegal Practice, Personal Training Theory 1 & 2, Pharmacy Assisting 1 & 2, Plumbing Theory, Travel Agency Ops 1 & 2, Vet Assisting 1, 2 & 3, and Web Design 1.

"We are pleased to have reached a mutually beneficial agreement with Penn Foster Education Group," said Michael Humphrey, President of e2020, Inc.  "It is evident that the additional resources provided will allow the company to maximize its growth potential while maintaining its core principle of providing comprehensive, rigorous curriculum."  "The addition of these courses to the comprehensive middle and secondary course offerings developed by Education 2020 allows us to further meet the college and career readiness needs of today's students," added Gene Storz, co-founder and Chief Executive Officer of e2020, Inc.  Education 2020 has developed over 600 combined core credit, state-based, and tutoring courses with implementations in 6 of the top 15 largest school districts in the nation.  

"Education 2020 shares our fundamental mission that every student be fully prepared for careers and postsecondary education," stated Don Kidd, General Manager of Educational Partnerships, Penn Foster Education Group. "They were the right partner to ensure that our mission and dedication to student success in partnership with schools was carried forward. We also think that this is a great fit because of the experienced management and sales teams that e2020 brings to the partnership." The agreement demonstrates both companies' commitment to providing public and private schools with the widest selection of standards-based comprehensive course offerings.  Penn Foster is nationally accredited by the Accrediting Commission of the Distance Education and Training Council (DETC), an accrediting agency recognized by the U.S. Department of Education. Penn Foster Career School and High School are also regionally accredited by the Commission on Secondary Schools of the Middle States Association of Colleges and Schools. Penn Foster Career School and High School are licensed by the Pennsylvania State Board of Private Licensed Schools. Penn Foster is registered with the NCAA Initial-Eligibility Clearinghouse.

About Education 2020

Education 2020 (e2020, Inc.) is a leading provider of core and elective instruction in a virtual school setting for students in grades 6-12. The Company provides innovative, rigorous, standards-aligned courseware to help students recover and accrue credits for graduation and prepare for state, end-of-course, and standardized exams.  With our web-based model, teacher-led video delivery, and innovative instructional approach, Education 2020 offers the most engaging and individualized instruction of any virtual online solution available to public and private schools for use in traditional classrooms, blended school or online programs. Education 2020 has implementations in 40 states with over 600 school districts and 1,600 + schools served.  Last year the Company provided courses for more than 250,000 students. Founded in 1998, e2020 is trusted by school districts across the United States. For more information, visit www.education2020.com or call 877.2020.EDU.

About The Princeton Review

The Princeton Review (Nasdaq: REVU) has been a pioneer and leader in helping students achieve their higher education goals for more than 25 years through college and graduate school test preparation and private tutoring. With more than 165 print and digital publications and a free website, www.PrincetonReview.com, the Company provides students and their parents with the resources to research, apply to, prepare for, and learn how to pay for higher education. The Princeton Review partners with schools and guidance counselors throughout the U.S. to assist in college readiness, test preparation, and career planning services by helping more students pursue postsecondary education. The Company also owns and operates Penn Foster Education Group, a global leader in online education.  Penn Foster provides accredited career-focused degree and vocational programs in the fields of allied health, business, technology, education, and select trades. Nationally and regionally accredited Penn Foster High School and Penn Foster Career School (www.pennfoster.edu) are headquartered in Scranton, PA.

SOURCE Education 2020