Hobsons Acquires National Transcript Center from Pearson

           Hobsons Acquires National Transcript Center from Pearson

Acquisition solidifies Hobsons' position in electronic transcript exchange and
broadens foundation for connecting student records across the P-20 lifecycle

PR Newswire

ARLINGTON, Va., July 11, 2013

ARLINGTON, Va., July 11, 2013 /PRNewswire/ --Hobsons  announced today the
acquisition from Pearson of National Transcript Center (NTC), the world's
largest e-transcript exchange provider, serving more than 137,000 institutions
that represent more than 14 million students. 

(Logo: http://photos.prnewswire.com/prnh/20120607/CL19787LOGO )

"K-12 and higher education institutions demand better ways to evaluate student
progression through the learning lifecycle," said Craig Heldman, chief
executive officer of Hobsons, "NTC helps us expand our role in helping
educators operate more efficiently and better serve students as they
transition among academic institutions."

Hobsons, an education solutions company, empowers students to develop
personalized academic and career plans based on their goals, interests,
abilities, and learning styles. It also enables institutions to manage lasting
relationships with students for their programs and supports them as they
progress to achieve their goals. The e-transcript and record exchange between
K-12 institutions and higher education represents one of the most critical
points of data collection in the student lifecycle. This strategic acquisition
further bolsters Hobsons' expertise in ensuring student success during the
transition from K-12 to higher education.

This acquisition complements Hobsons existing offerings, such as Naviance
eDocs, which this year alone has been leveraged by thousands of institutions
around the globe to deliver more than 18 million documents to over 1,800
destinations, including every Common App member. It also augments the
company's Apply Yourself and Intelliworks application management solutions
that are used by more than 700 higher education institutions.

Through this acquisition, Hobsons looks to collaborate with other
organizations to develop a new standard for operating transcript exchange
networks. "This acquisition is a welcome addition to the movement to
electronic delivery underway in K-20," said Rick Torres, National Student
Clearinghouse president and CEO. "We look forward to working with Hobsons to
provide a free, open, and standards-based network through which institutions
around the globe will be able to securely exchange electronic student academic
records."

NTC member institutions can send records and transcripts electronically to
more than 137,000 academic institutions, employers, licensure agencies, and
scholarship organizations.

"Hobsons, with its deep experience in e-transcript and records exchange, is
well-positioned to fulfill the commitments and expectations of NTC's
customers, particularly statewide programs. This is a productive union for
both organizations and the institutions, states, and students they serve,"
said Jonathan Harber, CEO, Pearson K-12 Technology.

About Hobsons

Hobsons helps educators, administrators, students, and families maximize
success through every stage of the learning lifecycle. Hobsons' personalized
learning, academic planning, post-secondary enrollment, and student support
solutions serve millions of students across more than 7,500 schools, colleges,
and universities worldwide.

About Pearson

Pearson (NYSE: PSO) is the world's leading learning company, providing
educational materials and services and business information through the
Financial Times Group.Pearson serves learners of all ages around the globe.
For more information, visit www.pearson.com.

SOURCE Hobsons

Website: http://www.hobsons.com
Contact: Rachel DiCaro Metscher, Hobsons, Phone: 703-859-7391, e-mail:
rachel.metscher@hobsons.com