FOR IMMEDIATE RELEASE

PENN FOSTER COLLEGE LAUNCHES RETAIL MANAGEMENT ASSOCIATE DEGREE PROGRAM

SCOTTSDALE, AZ, May 6, 2009 — Penn Foster College, one of the nation’s largest online colleges, has launched a new Retail Management Associate Degree Program.

The new Retail Management Associate Degree Program covers the many functional areas of retail management including finance, accounting, marketing, buying, and merchandising.

Upon completing the program, students will have the necessary skills to seek employment in the fields of merchandising, sales management, store management, supply chain management, marketing, and e-commerce. It is these areas that the U.S. Department of Labor forecasts more than 91,000 new jobs by 2016.

Penn Foster College has more than 24,000 active online students worldwide. Students study independently and, in many cases, more quickly than a traditional college. The college is ideal for those who have family and employment obligations.

Penn Foster College is nationally accredited by the Distance Education and Training Council and licensed by the Arizona State Board of Private Postsecondary Education. To learn more go to www.pennfostercollege.edu.

About Penn Foster

Penn Foster College, Penn Foster Career School, and Penn Foster High School are part of Penn Foster Inc., a global leader in online education.  For more than 117 years, Penn Foster has been providing career training programs in the fields of health care, business, technology, automotive technology, and select trades. Nationally and regionally accredited Penn Foster High School serves more than 40,000 online students seeking individual courses or a complete diploma program. Penn Foster Career School (www.PennFoster.edu) and Penn Foster High School (www.PennFosterHighSchool.com) are headquartered in Scranton, PA, with regional offices in Montreal, Canada.

Penn Foster, Inc.
CONTACT: Michelle Dempsey at Penn Foster, (570) 961-4641
Michelle.Dempsey@pennfoster.edu

Corporate Website: www.pennfosterinc.com