Published: September 24, 2007
Harvard Learning Centers Announces Changes in Name and Stock Symbol
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
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