PRESS RELEASE - For Immediate Release

Contact
Regina Black Lennox
Director of Philanthropy & Corporate Citizenship
Progressive Business Publications (PBP)
376 Technology Drive
Malvern, PA 19355
610-865-6246

Date - August 16, 2007

Progressive Business Publications (PBP) Annual College Scholarship Presentations for Children of Employees

Malvern, PA — Progressive Business Publications (www.pbp.com) announced today the presentation of its 2007 College Scholarships for Children of Employees, scheduled for August 23. All children of full time employees receive a college scholarship for five years. This year, 11 students, children of PBP employees will each received a $2,500 scholarship for their higher education costs. The presentation ceremony will take place during the quarterly Employee Appreciation Celebration at corporate headquarters in Malvern.

Ed Satell, Founder & CEO said “We developed the program several years ago to aid parents in fulfilling their dreams — helping their children get a great education and a rewarding career. I’m delighted to say that each child of every full-time employee receives this generous annual scholarship for up to five years. This is one prong in our approach to both support education and enrich our employees and their families.”

To be eligible, students are required to attend a full time, four-year institution and maintain passing grades. Educational Institutions attended by this year’s recipients include Penn State, Jefferson University School of Medicine, the University of Pittsburgh, Franklin & Marshall College, Shippensburg University, Hood College, West Chester University, DeSales College and Kutztown University.

Progressive Business Publications is a private company founded in 1989 with a single publication. Today this diversified information provider has nine business units and is enjoying its 18th straight year of growth. Its b2b products are used by almost every major corporation in the nation. Tom Schubert CFO states “We’re a values-driven, high performance, non-bureaucratic organization that attracts and empowers talented professionals because we offer a collegial atmosphere where we appreciate our people and their contributions. We’re proud of our Scholarship Program and the number of employees who participate each year.”