Regent Joins Postsecondary Electronic Standards Council (PESC)

Will Help Colleges lower college IT costs, improve service, and attain system interoperability

Frederick, MD. February 20, 2007 - Regent Education, the leading provider of financial aid management software solutions for higher education institutions, today announced that it has joined the Postsecondary Electronic Standards Council (PESC). As an industry leader in financial aid software, Regent will play in integral part in PESC efforts to lower college IT costs, improve service, and attain system interoperability.

PESC is a non-profit, community-based, umbrella association of colleges and universities; professional and commercial organizations; data, software and service providers; and state and federal government agencies.

"Regent is the first off-the-shelf financial aid solution designed to interoperate and enhance college and university technology investments. We are pleased to join PESC's efforts in creating national standards that allow for seamless data exchange between all organizations supporting higher education," said Leonard Gude, Vice President of Financial Aid Solutions at Regent and a former PESC Board of Directors member.

About Regent

With more than 30 years of financial aid software experience, Regent has become an industry-leading provider of financial aid management software. Regent’s web-based, easy-to-use solutions interoperate with and enhance any student information system. The result: greater efficiencies, error reduction, and the enhancement of service provided to students - all equating to a positive, measurable Return on Investment (ROI) within the first year. Regent software automates and streamlines key financial aid processes, such as packaging, awarding, tracking, reporting and disbursements. Designed and built for the financial aid and enrollment management community, Regent enables institutions to execute their financial aid strategy, and enables the 21st century student to access information - anytime, anywhere, any device, in any language. Regent Education is located at: 47 E. South Street, Suite 201, Frederick, MD 21701. Telephone: (800) 639-0927. Web site: www.regenteducation.com. For more information, email press@regenteducation.com.

About PESC

Established in 1997 and located in Washington, D.C., the Postsecondary Electronic Standards Council (PESC) is a non-profit, community-based, umbrella association of colleges and universities; professional and commercial organizations; data, software and service providers; and state and federal government agencies. PESC's mission is to lead the establishment and adoption of data exchange standards in education. The goals of the mission are to enable the improvement of institutional performance and foster collaboration across educational communities in order to lower costs, improve service, and attain system interoperability.