LearnLaunchX, New Ed Tech Accelerator, Gives Start-ups Strategic Sector Insight and Reach, Market Development Advantages, Seed

  LearnLaunchX, New Ed Tech Accelerator, Gives Start-ups Strategic Sector
  Insight and Reach, Market Development Advantages, Seed Capital

   Entrepreneurs to Emerge From 3-Month Program Venture-Ready; Expert Team
        Reasserts Greater Boston’s Ed Tech/Learning Sector Leadership

Business Wire

CAMBRIDGE, Mass. -- February 1, 2013

LearnLaunchX executives today announced the founding of the education
technology and learning-focused accelerator. The first LearnLaunchX
accelerator session will begin in June 2013 and will provide selected
start-ups with early seed funding, deep domain insight, direct access to
learning marketplace leaders and channels, and mentoring by experts in ed
tech, learning markets and start-up investment.

LearnLaunchX will invest in an estimated 40 companies across five cohorts in
the first three years of its accelerator program. The LearnLaunchX team’s
expertise in education, technology, and investment provides ed tech and
digital learning startups with the knowledge needed to navigate the learning
industry. Experts with deep connections to the market will provide hands-on
mentoring to help entrepreneurs transform startups into successful ed tech
companies. Startups will receive guidance and strategic direction on a full
range of issues, from product feature decisions and beta testing to the
nuances of management team development and market entry in the learning
industry. LearnLaunchX will open applications for its first cohort on Feb
20^th.

“Social and economic realities demand that education be made more effective
and accessible,” said Stephen Marcus, founder of Matchbox, Inc. “As an
entrepreneur,I understand first-hand the complexities of this market, and
applaud the formation of LearnLaunchX. I believe it will accelerate the growth
and success of important solutions and outstanding ed tech companies.”

LearnLaunchX co-founder Mark Miller: “Boston has long been an acknowledged
epicenter for technology innovation, publishing, educational content and
venture capital. The founders of LearnLaunch bring vast experience and
contacts in ed tech and new ventures to identify, vet and nurture high-growth
market leading companies.”

The announcement was made at the “Across Boundaries: Innovation and the Future
of Education” Conference co-sponsored by MIT Sloan.Ed and LearnLaunch.

About the LearnLaunchX Co-Founders: (www.learnlaunchx.com/team)

Jean Hammond founded JPH Associates, co-founded AXON Networks and Quarry
Networks. Jean is an active angel investor and is a member of Hub Angels, the
Launchpad Venture Group, and founded the Boston Forum of Golden Seeds. Jean
was named a Mass High Tech All-Star and BBJ Advancing Women Lifetime
Achievement Honoree.

Mark Miller has over 20 years of experience as a serial entrepreneur founding,
managing, and capital-raising for technology-focused education and publishing
companies. Miller is currently the Founder and Managing Partner of Good Harbor
Partners, a learning industry-focused merchant bank.

Vinit Nijhawan has over 30 years’ experience building six startups. Vinit was
at Key Venture Partners, and invested in Optasite, acquired for $430M. Vinit
is currently Managing Director Office of Technology Development for Boston
University, where he teaches MBA courses on Entrepreneurship.

Eileen Rudden is a member of Launchpad Venture Group, was Chief Officer of
College and Career Preparation for the Chicago Public School System and a 2009
Broad Fellow. She spent 25 years leading software growth businesses as VP and
General Manager of Avaya’s Unified Communications Division and SVP and GM of
IBM’s Lotus Notes. She is board chair of SoundBite Communications.

Hakan Satiroglu is an entrepreneur and seasoned executive focused on the
transition of business models and processes in the digital age. He founded
Xplana Learning, a leading social learning network now establishing 21st
Century learning and collaboration models. Hakan is founder and chairman of
Xlibrio, an international virtual bookstore chain.

About LearnLaunch:

The goal of LearnLaunch is provide support for the creation and growth
ofeducation technology and learning companies in New England.

Supporting Resources:
www.learnlaunchx.com

Contact:

LearnLaunchX
Jean Hammond, 617-504-4416
Co-Founder
jean@jph-associates.com
or
Pelorus Communications
Maureen MacGregor, 978-473-1016
Maureen@Peloruscom.com