Course Advisor Secures $12 Million Investment

Course Advisor Secures $12 Million Investment 
New Investors ABS Capital Partners and The Washington Post Company
Attracted to Compelling Education Marketing Solution 
WAKEFIELD, MA -- (MARKET WIRE) -- 09/05/06 --  Course Advisor, Inc.,
a premier online lead generation and marketing solutions provider for
the postsecondary education market, today announced that it had
completed a $12 million investment in its first institutional round
of financing. The investment was led by ABS Capital Partners, a
leading private equity firm focused on investing in established and
profitable growth companies, and The Washington Post Company, a
diversified media and education company whose principal operations
include newspaper and magazine publishing, television broadcasting,
cable television systems, electronic information services, and
educational and career services. The financing will be used to fund
the Company's continued rapid growth by increasing investment in its
sales force and strengthening its balance sheet. As a result of the
financing, Deric Emry, a General Partner at ABS Capital, will join
Course Advisor's Board of Directors. Ralph Terkowitz, also a General
Partner at ABS Capital and Caroline Little, chief executive officer
and publisher of Washingtonpost.Newsweek Interactive, will serve as
observers on the Company's Board of Directors. 
"As more and more adult learners return to school, they are
increasingly researching their education options online in a very
detailed way. At the same time, postsecondary education providers
want to more effectively reach these students and are using a larger
portion of their marketing dollars for direct and relevant
internet-related channels that will deliver results," said Greg
Titus, CEO of Course Advisor (http://www.courseadvisor.com ). "We
believe that the addition of ABS Capital and the Washington Post will
help us to continue to supply our customers with best-of-breed
student acquisition solutions and introduce more schools to Course
Advisor's marketing capabilities." 
With over 1.5 million unique visitors per month, Course Advisor has
become a leading online education directory (OED).  The Company has
significant technological advantages which enable it to manage complex
search campaigns to source high quality leads.  Since all site visits
are generated from paid and organic search, each visitor is actively
seeking information about colleges, universities and career and
professional training. In addition, the Company's advanced technology
platform with superior filtering capabilities offers student
profiling, geo-targeting and multi-stage data verification to
maximize lead quality for Course Advisor's customers. 
"Course Advisor has demonstrated tremendous growth in the time we
have gotten to know the Company and it is clear that they are offering
a solution that is both financially and strategically meaningful to
their customers," said Deric Emry, General Partner at ABS Capital
(http://www.abscapital.com ). "We believe the Company will continue
to benefit from the continued transformation of marketing and
advertising budgets, which are moving from traditional,
broadcast-related campaigns to more performance-based solutions." 
"In our business, we have seen that increasing demand for skilled
professionals, as well as an appreciation of the potential earnings
premium associated with a postsecondary education, has driven adult
learners back to school," said Caroline Little, chief executive
officer and publisher of Washingtonpost.Newsweek Interactive
(http://www.washingtonpost.com). "Course Advisor is offering a crucial
service by driving highly qualified student leads to a growing number
of colleges and universities." 
About Course Advisor 
Headquartered in Wakefield, MA, Course Advisor is a leading online
education directory featuring information on over 5,500 programs
offered at colleges and universities throughout North America.  For
more information, please visit www.courseadvisor.com. 
About ABS Capital Partners 
ABS Capital Partners is a private equity firm that was founded in
1990 to invest in mid- to later-stage growth companies in order to
create significant, market-leading companies. The firm's investment
strategy focuses on companies in the business services, healthcare,
technology and media & communications sectors. ABS partners with
strong management teams to help build businesses with substantial
revenues, near-term profitability and solid customer bases. The firm
has created long-term value for management and investors. ABS
leverages over 100 years of combined investing and operating
experience among its partners and provides a range of investment
structures, including expansion financings, management buyouts and
recapitalizations. With an extensive history and knowledge of equity
and mergers & acquisitions markets, ABS Capital provides strategic
guidance and helps companies to capitalize on their business
opportunities. ABS has $1.5 billion under management and nine
investing partners within offices in Baltimore, San Francisco and
Boston. Over the past fifteen years, ABS has invested in over 70
portfolio companies, including American Public Education, Inc.,
DoubleClick, Inc., NeuStar, Inc., Rosetta Stone, Inc. and Vibrant
Media, Inc. For more information, contact http://www.abscapital.com. 
About The Washington Post Company 
The Washington Post Company is a diversified media and education
company whose principal operations include newspaper and magazine
publishing, television broadcasting, cable television systems,
electronic information services, and educational and career services. 
Contact:
Stephanie Manuel
ABS Capital Partners
(410) 246-5609
Contact via http://www.marketwire.com/mw/emailprcntct?id=D547EA4DF340AC1B 
Provider ID: 06159793
 
 
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