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Harvard Learning Centers Announces Changes in Name and Stock Symbol

Sep 24, 2007 16:00:43 (ET)


BOCA RATON, FL, Sep 24, 2007 (MARKET WIRE via COMTEX) -- The Harvard Learning Centers, Inc. (PINKSHEETS: HVLN) (the "Company") announced today that it had amended its Articles of Incorporation to change its name to "The Americas Learning Centers, Inc." As a result, effective September 25, 2007, the new trading symbol of the Company's common stock on the Pink Sheets will be (PINKSHEETS: ALCI).

Donald Platten, president and chairman of the board, stated, "'The Americas Learning Centers' name allows us to better coalesce the brand positioning of our test preparation services with those targeting the physical development and fitness of today's youth. Clearly, a focus on 'The Americas' provides a broader name appeal than our old name allowed, and we think, as we evolve and introduce our products and services, it will facilitate a much better understanding of our multi-year strategy in providing products for the development of both the mind and body."

About Americas Learning Centers

The Americas Learning Centers, Inc. offers training programs for both the mind and body of teenagers and young adults. Historically it has offered SAT-ACT test preparation for high school students. It recently added co-branded test preparation books, software and online courses published by the Nova Press for the SAT, LSAT, GMAT, GRE and the MCAT graduate level tests.

Earlier this year, the Company expanded into the Youth Sports Training Market with the acquisition of BSA Athletics, Inc., and ASAP Athletics, Inc., both of Boca Raton, Florida. It also opened a private men's fitness and wellness center, "The Men's Room," offering nutritional guidance, weight control management, a massage room, a hair salon, and a work out facility. It also recently introduced a proprietary "gym-on-wheels," the ASAP 1000, for the simultaneous training of multiple athletes in team and league sports.

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.


Americas Learning Centers, Inc.
433 Plaza Real, Suite 275 | Boca Raton, Florida 33432
561.962.4197




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




SOURCE: Harvard Learning Centers, Inc.