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HVLN NASDAQ Approves Issuance of Harvard Learning Centers' Stock Dividend to Shareholders of Record of December 31, 2006

2007-05-08 07:00 MT - News Release

BOCA RATON, FL -- (MARKET WIRE) -- 05/08/07

Harvard Learning Centers, Inc. (PINKSHEETS: HVLN) announced today that it has received NASDAQ approval for the immediate issuance of its previously authorized 1-for-1 stock dividend of the Company's Common Stock, payable to each shareholder of the Company as of the record date of December 31, 2006.

In order to be considered a shareholder of record for this common stock dividend payment, you must have purchased the stock at least three days before the record date of December 31, 2006. Harvard Learning Centers, Inc. has filed notice of this action to pay the stock dividend with the NASD.

In order to receive your stock dividend, please contact us at the following email address in order to receive your documentation for receipt of the dividend:

[e-mail]

About The Harvard Learning Centers, Inc.

The Harvard Learning Centers, Inc. offers training programs for both the mind and body of teenagers and young adults. Historically, its primary focus has been to offer SAT-ACT test preparations that help high school students succeed (www.sat-act-prep.com). SAT and ACT are standardized tests used by most U.S. colleges and universities for admission and placement decisions and scholarship eligibility. For SAT-ACT test preparation, the Harvard Learning Centers, Inc. offers classroom and online courses along with private tutoring.

In April 2007, Harvard Learning Centers, Inc. expanded into the Youth Sports Training Market with the acquisition of BSA Athletics, Inc., an early-stage sports training and fitness company, headquartered in Boca Raton, Florida, and ASAP Athletics, Inc. ("ASAP"), which operates a 5,000 square foot national sports training center for athletes in West Boca Raton, Florida. Harvard Learning Centers has stated that ASAP is the first of a series of "speed" camps that it plans to operate nationally.

On May 7, 2007, Harvard Learning Centers, Inc. announced that it will immediately begin offering through its web site and to students in its classroom and tutorial programs, the full line of test preparation materials published by the Nova Press, Los Angeles, California. This new line will include books, software and online courses not only for preparation for the SAT, but for the LSAT, GMAT, GRE and MCAT graduate level tests(1). All materials will be prominently co-branded with the Harvard Learning Center brand identity. This agreement greatly expands the offerings of Harvard Learning Centers, Inc., while allowing it to enter totally new national markets in higher education, and, via the Internet, significantly broaden its reach for its existing SAT-ACT test-prep products and services.

Safe Harbor Statement

Certain statements set forth in this press release constitute "forward-looking statements." Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words "estimate," "project," "intend," "forecast," "anticipate," "plan," "planning," "expect," "believe," "will likely," "should," "could," "would," "may" or words or expressions of similar meaning. Such statements are not guarantees of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions -- activities of competitors and the presence of new or additional competition and conditions of equity markets.

(1) SAT is a registered trademark of the College Entrance Examination Board. LSAT is a registered trademark of Law Services. GRE is a registered trademark of ETS. MCAT is a registered trademark of AAMC. GMAT is a registered trademark of the Graduate Management Admission Council.


Contact:
Harvard Learning Centers, Inc.
Press Relations
Phone: [phone]
Fax: [phone]