The Princeton Review, Inc. provides in-person, online, and print education products and services for the high school and post-secondary markets. Its Higher Education Readiness division provides in-person and online test preparation courses, including classroom-based and small group instruction and individual tutoring in test preparation and academic subjects. This division also offers test preparation courses through its independent international franchisees, and sells approximately 165 print and software titles on test preparation, academic admissions, and related topics under the Princeton Review brand. As of December 31, 2010, it had 19 franchises operating in 21 countries internationally. The company s Penn Foster division offers career-focused online degree and vocational programs primarily through its Penn Foster College, Penn Foster Career School, and Penn Foster High School to approximately 200,000 students worldwide. Its Career Education Partnerships division, through the strategic relationships with National Labor College offers bachelor degree completion programs to the AFL-CIO s 11.5 million members and the working adults in their families; and Bristol Community College educates aspiring healthcare workers and gives them a path to careers in health care. This segment provides services that assist these institutions in expanding enrollment capacities; developing, marketing, and launching new educational programs; and supporting various technical, operational, and financial activities associated with the educational initiatives. The company s Supplemental Educational Services division provides tutoring and supplemental educational services under the No Child Left Behind Act of 2001 to students in schools and school districts in the United States. The Princeton Review, Inc. was founded in 1981 and is headquartered in Framingham, Massachusetts.

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