PRESS RELEASE — FOR IMMEDIATE RELEASE

Contact
Regina Black Lennox
Director of Philanthropy & Corporate Citizenship
Progressive Business Publications
376 Technology Drive
Malvern, PA 19355
610-854-6246

Date - April 23, 2009

Progressive Business Publications Announces Expansion of Satell International Social Entrepreneurship Program in its Second Year

Malvern, PA - Progressive Business Publications (www.pbp.com) announced a significant increase in the number of scholarships awarded this year to students participating in an innovative business-development program targeting poverty-stricken areas in Guatemala and Ecuador.

The Satell International Social Entrepreneurship Program provides scholarships to qualified students at the University of Connecticut School of Business. The program prepares young leaders to develop practical and sustainable business initiatives for needy villagers in both countries. It was first launched at UCONN last year, in partnership with Duke, Columbia and Notre Dame Universities.

Also through the efforts of Ed Satell, founder of Progressive Business Publications, the program was expanded for the first time this year to include Franklin & Marshall College in Lancaster, PA, where eight students will earn scholarships.

Called the Social Entrepreneur Corps, the students spend an intense, eight-week internship in country, helping to identify and develop practical business models that enable villagers to create and sustain jobs.

Ross Lewin, director of the UCONN initiative, said the program “exemplifies the school’s mission to develop global citizens. Our students are not only immersing themselves in Guatemalan culture, but tangibly improving the global common good by helping to bring products and services that lower their cost of living, make their homes safer and more efficient, and even put tools in their hands to expand their own enterprises.”

Satell said he was eager to repeat last year’s success, noting that students “came back transformed, excited to communicate the real impact they had on the lives of the Guatemalans. They lived the goal of social entrepreneurship, helping society and democracy by providing a means for people to earn independence and dignity by earning an income.”

Franklin & Marshall Dean Kent Trachte said his school “looks forward to sending our first group of students to Ecuador. The program represents experiential learning at its best. Students will learn through an incredible hands-on experience while their work will benefit the people of Ecuador.”

Progressive Business Publications, a leading diversified information and executive education company, is a recognized leader in supporting valuable nonprofit efforts through its Corporate Citizenship initiatives. PBP (www.pbp.com) serves hundreds of thousands of companies, including virtually all the Fortune 1000, with its product offerings. Some of those include PBP Executive Reports (http://pbpexecutivereports.com), Progressive Business Conferences (http://www.pbconferences.com/), HRMorning (http://hrmorning.com) and Progressive Gifts and Incentives (http://pgiproducts.com).