Harvard Learning Centers Announces July 10th Change in Name, and Application to NASDAQ for Change in Stock Symbol and CUSIP Number
The Board of Directors of Harvard Learning Centers, Inc. (PINKSHEETS: HVLN) (the "Company") announced today that it had voted to change its name, effective July 10, 2007, to "American Learning Centers, Inc." per an agreement reached with Harvard University, Cambridge, Massachusetts, which resolves a perceptual issue of implied affiliation. In connection with the name change, the Company has applied to NASDAQ for a new stock symbol and CUSIP number effective on the same date.
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 core business has been to offer SAT-ACT test preparation for high school students (www.sat-act-prep.com), including classroom, online courses and private tutoring. It recently added test preparation materials published by the Nova Press, including books, software and online courses for the SAT, LSAT, GMAT, GRE and MCAT graduate-level tests, all of which are co-branded, in order to greatly expand its product line, while allowing it to enter new national markets in higher education.
Earlier this year, the Company expanded into the Youth Sports Training Market with the acquisition of BSA Athletics, Inc., and ASAP Athletics, Inc., both of Boca Raton, Florida. In conjunction with these acquisitions, it also announced that it would open a private men's fitness and wellness center, "The Men's Room" for adult men, offering nutritional guidance, weight control management, a massage room, a hair salon, and a work out facility. |
