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PORTFOLIO COMPANIES Salem International University, LLC, operates Salem International University ("SIU"), a for profit institution of higher learning with a tradition, of academic excellence and innovation. Established in 1888, SIU offers traditional, and state-of-the-art online programs in business, education, and allied health. The University's programs can lead to an associates, bachelors or masters degree. SIU's beautiful 160-acre main campus is located in Salem, West Virginia. The main campus offers housing and traditional campus athletics, clubs and activities. The online division maintains its administrative offices in Indianapolis, Indiana. (www.salemu.edu) Schiller International University, founded in 1964, is an independent American university with campuses in the United States, London, Heidelberg, Paris and Madrid. The main campus is located in Largo, Florida. The university provides traditional and online instruction in various international business programs that can lead to associate, bachelor or masters degrees. (www.schiller.edu) Fire Solutions, Inc. is a corporate e-learning e-compliance solutions provider focused on the financial services and insurance industries, located in San Francisco, California. (www.firesolutions.com)
FIRE Solutions, Inc. is pleased to announce the acquisition of the
CRDirect product line from PFPC, Inc. effective June 22, 2007. CRDirect
is the premier provider of NASD registered representative licensing,
management, analysis, and tracking tools to the securities industry.
The addition of CRDirect to the FIRE Solutions portfolio of products
enables FIRE to independently fulfill NASD registered representative
licensing and tracking requirements.
RECENTLY SOLD
PORTFOLIO COMPANIES (Sold to Education
Management Corporation NASDAQ: EDMC) See Press Release American Education
Centers, Inc. includes eight for profit proprietary junior colleges.
They are AEC Southern Ohio College (with campuses in Akron, Ohio,
Woodland, Ohio, and Fort Mitchell, Kentucky); RETS Institute of
Technology (with campuses in Louisville, Kentucky and Pittsburgh,
Pennsylvania); RETS Medical and Business Institute in Hopkinsville,
Kentucky; and AEC Texas Institute (with campuses in Garland and Hurst,
Texas). Brown Mackie
Education Corporation operates Brown Mackie College, a for-profit,
proprietary junior college with campuses in Kansas City, and Salina,
Kansas. Commonwealth
Business College Education Corporation operates Commonwealth
Business College, a for profit, proprietary junior college with campuses
in Merrillville, Indiana, Michigan City, Indiana, and Moline, Illinois.
Asher School of Business Education Corporation operates Asher School of
Business, a for profit, proprietary junior college with a campus in
Norcross, Georgia. Stautzenberger
College Education Corporation operates Southern Ohio College, a for
profit, proprietary junior college with a campus in Findlay, Ohio. Michiana College
Education Corporation operates three for profit proprietary junior
colleges. They are Michiana College (with campuses in South Bend and
Fort Wayne, Indiana) and Michiana Institute located in Cherry Hill, New
Jersey. OTHER SOLD PORTFOLIO
COMPANIES
Spike’s, (Sold to
Spikes General Partner, LLC, a company established by the existing
management team.) is the leading
supplier of trophies, awards, business gifts, and advertising
specialties in the Delaware Valley. The company’s four retail showrooms,
a manufacturing facility, and administrative offices are located in
Philadelphia, Pennsylvania. Financial Marketing,
Inc. (Sold to ADP Financial Information Services, Inc.), a division
of Automatic Data Processing, a Fortune 100 Service Company. Financial
Marketing was one of the largest independent providers of proxy
processing and mailing services to mutual fund groups and public
corporations. American Payroll
Centers, Inc. (Sold to Zurich Payroll Solutions Limited), a
subsidiary of Zurich Insurance Co.). American Payroll Centers was the
largest independent payroll processing firm in the Delaware Valley of
Pennsylvania. Contact
Information Postal address Electronic
mail Send mail to
gfrancois@palmer-group.com with questions or comments about
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