The Harvard Learning Centers, Inc. Announces Share Dividend as of December 31, 2006
BOCA RATON, FL -- (MARKET WIRE) -- November 22, 2006 -- The Harvard Learning Centers, Inc. (PINKSHEETS: HVLN), a Florida corporation (the "Company"), announces today a one for one share dividend to all shareholders of record as of December 31, 2006. The Company is currently in discussions with its transfer agent to determine the mechanism for the transfer. The Company will provide further information within the next two weeks either via a subsequent press release or on the Company's website.
In addition, we are pleased to announce that, following the merger between the American Way Business Development Corporation ("AWYB") and the Harvard Learning Centers, Inc., the Company is now focused on expanding the Company's market share in the area of standardized test preparation. As an initial first step, the Company has hired a new marketing director with over 35 years' experience to build a sales force to promote the Company's services. Don Platten, President, states: "We believe there is a tremendous upside potential for the Company's business especially in light of the custom tailored services it brings to the market." He adds: "The combination of the former AWYB's marketing prowess and the unique approach in that area will create tremendous synergies and make the Company the standard in this business segment."
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We anticipate a positive response in the marketplace and, ultimately, a significant increase in shareholder value. It is in that light that we have decided to reward our loyal shareholders for sticking with us through the turmoil of trying to deal with the shorts once and for all. Again, thank you for your loyalty and patience and, as we noted in our recent shareholder communication, "the shorts will not be able to delay the day of reckoning forever."
Safe Harbor Act
This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "estimates," "believes," or statements indicating certain acts (such as "may," "could," "should," or "might occur"). Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.
Contact: The Harvard Learning Centers, Inc. Don Platten 561-962-4124 donplatten17@aol.com http://www.sat-act-prep.com
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