Press Release

Media Contact: Kelsey Ill
(857) 221-9772
kelseyill@eduventures.com

EDUVENTURES ADDS SENIOR STAFF TO ITS EDUCATION SERVICES AND
STUDENT AFFAIRS PRACTICES

Jane Smalec and Lisa Famularo Bring Significant Experience and Knowledge to Eduventures

(Boston, MA) July 18, 2007 - To meet the needs of Eduventures' ever-growing service offerings for the higher education community, Eduventures is pleased to announce the addition of Jane Smalec, former Chief Financial Officer at Kaplan University, and Lisa Famularo, former Manager of the Social and Government Research Group at TNS, to Eduventures' consulting and research staff.

Jane brings 20-plus years of domestic and international experience to Eduventures. She served in finance, financial and accounting operations, and strategy development roles at such organizations as MedVance Institute, Kaplan University, and McKinsey & Co. As Senior Consultant for Eduventures Education Services, Jane will help colleges and universities solve complex global problems including evaluating new and existing on-campus and online programs, improving marketing effectiveness, and guiding institutions to organize for and launch online higher education programs.

Lisa will serve as Program Director, responsible for the overall research agenda of the member-based Student Affairs Learning Collaborative, which provides research, analysis, best practices, and peer networking opportunities to colleges and universities. She will also manage the research team fulfilling custom research requests for program members. Lisa comes to Eduventures with more than 18 years of experience conducting and managing a wide variety of quantitative and qualitative research projects, particularly in the higher education landscape. Lisa received her Ph.D. in educational research, measurement, and evaluation from Boston College.

"Adding this extraordinary level of experience and industry knowledge to our consulting and research areas reflects Eduventures' commitment to better serve our customers in the higher education community," said Thomas Dretler, President and CEO of Eduventures.

About Eduventures
Eduventures is the industry leader in collaborative research and consulting for higher education. Since its founding in 1993, Eduventures has been committed to the mission of improving education. More than 300 higher education institutions participate in one or more of Eduventures' five Learning Collaboratives: Continuing and Professional Education, Development, Enrollment Management, Online Higher Education, and Student Affairs. In addition to collaborative research, participating members enjoy access to Eduventures' dedicated industry analysts, membership roundtables, on-campus visits, and the ability to analyze issues specific to them. More about Eduventures can be found at http://www.eduventures.com/.