CONTACT:                                                      

Ms. Lauren Sinai

312.782.7400 x229

lsinai@prospect-partners.com

FOR IMMEDIATE RELEASE

August 14, 2007

PROSPECT PARTNERS’ EDUCATION PLATFORM ACQUIRES THIRD POST-SECONDARY OPERATING SCHOOL, EXPANDS PRESENCE IN TEXAS

CHICAGO, Ill.—August 14, 2007:  Post-secondary education provider Education Futures Group, LLC (EFG), is pleased to announce the acquisition of the Amarillo and Lubbock locations of Texas Computer Training Institute, Inc. (TCTI). For EFG, which operates for-profit career schools in secondary markets in the United States, the management-led acquisition is the latest move in the company’s expansion into the Central and Rocky Mountain regions. Since June 2006, EFG has purchased two other career education schools, Computer Career Center of El Paso, Texas, and Certified Careers Institute of Salt Lake City, Utah.

TCTI provides specialized education in three distinct areas: computer training, allied health administration and office administration. EFG made the acquisition of the campuses in partnership with TCTI owner Trey Owen, who will continue to manage the school’s daily operations.

“TCTI expands our presence in West Texas to two exciting new locations we feel are a natural fit for the company,” says Jim Tolbert, EFG’s Chief Executive Officer. “We look forward to working with Trey to grow the school and its programs to their fullest potential under the EFG umbrella.”

A platform company of lower-middle-market private equity firm Prospect Partners, LLC, EFG seeks to grow in large part through the addition of new campuses, either organically or through acquisition. Computer Career Center, which EFG acquired in June, 2006, recently expanded into New Mexico, opening a branch campus in Las Cruces. Certified Careers Institute has locations in Salt Lake City and Clearfield, Utah.

EFG continues to seek acquisitions of smaller accredited post-secondary education operating companies with revenues between $1 million and $10 million in secondary markets across the United States, where the target companies could benefit from an operationally-oriented buyer with a strong capital base.    

About Prospect Partners, LLC

Prospect Partners, LLC of Chicago is a leading lower-middle-market private equity firm, managing $270 million in two funds. Since its founding in 1998, Prospect Partners has focused on management-led leveraged acquisitions of small niche leaders with revenues typically between $10 million and $30 million; the firm has invested in more than 65 companies across a wide variety of niche consumer, commercial, specialty distribution and select service markets throughout the United States. www.prospect-partners.com.

Education Futures Group Acquires Post-Secondary Operating Company

Certified Careers Institute Expands EFGs Reach into Mountain States  

Birmingham, Ala.  June 8, 2007: Education Futures Group, LLC (EFG), an operator of smaller accredited for-profit post-secondary schools in secondary markets in the United States,today announced the acquisition of Certified Careers Institute of Salt Lake City, Utah from Landmark Education Services, Inc., a division of Landmark Communications. Certified Careers Institute is the second education operating group acquired by EFG in the last year and broadens the companys reach from Texas and New Mexico into the Mountain states.

Founded in 1983, Certified Careers Institute provides specialized education that prepares students for careers in a variety of allied health-related fields, including employment as medical assistants, medical office specialists, dental assistants and massage therapists. Certified Careers Institute has campuses in Salt Lake City and Clearfield, Utah and is accredited by the Accrediting Commission of Career Schools and Colleges of Technology (ACCSCT). In conjunction with the acquisition, career school operating executive Dr. David Vaillancourt has been named President, effective immediately.

"As we expand the EFG platform, we seek to add new campuses either organically or by making acquisitions of institutions with strong track records of educational quality," says Jim Tolbert, EFGs Chief Executive Officer. "We are very excited about the potential to further build Certified Careers Institute and its programs. David Vaillancourt has deep experience in career school management, including online education, and is a great addition to Certified Careers Institutes management team. We look forward to working together to create wonderful opportunities for the schools employees and students."

EFGs management team has extensive backgrounds in career school ownership and operations. Prior to Education Futures Group, Mr. Tolbert was the Chief Financial Officer of Virginia College of Birmingham, Alabama, now a leading post-secondary career school system in the southeastern United States. Earlier, he was the Founder and CEO of Career College Loan Company, a specialty consumer finance company, providing tuition financing to the for-profit education sector. Mr. Tolbert also serves as Chairman of the Board of the Career College Association, of which he has been re-elected for the 2007-2008 term. 

Mr. Tolbert is joined by Lee Chayes, President. Previously, Ms. Chayes was Founder, President and Chief Executive Officer of Computer Career Center of El Paso, Texas, which EFG acquired, with management, in 2006. Computer Career Center offers diversified post-secondary education programs in such fields as information technology, allied health, business and legal. Computer Career Center now operates three branch campuses, including one opened earlier this year in Las Cruces, New Mexico.

Dr. Vaillancourts 20-plus years of experience spans curriculum development, administration and instruction at all education levels. He also served as Virginia Colleges first president of the schools online campus. Most recently, he was consulting, developing and evaluating Web-based instructional programs for a variety of postsecondary institutions.

EFG, a portfolio company of Chicago lower-middle-market private equity firm Prospect Partners, LLC, continues to seek acquisitions of smaller accredited post-secondary education operating companies with revenues between $1 million and $10 million in secondary markets across the United States, where the target companies could benefit from an operationally-oriented buyer with a strong capital base. 

About Education Futures Group, LLC

Education Futures Group is an operator focused exclusively on the acquisition of smaller accredited post-secondary schools in secondary markets in the United States where the target companies could benefit from an operationally-oriented buyer with a strong capital base. Its education operating companies include Computer Career Center of El Paso, Texas and Certified Careers Institute of Salt Lake City, Utah. www.educationfuturesgroup.com

About Prospect Partners, LLC

Prospect Partners, LLC of Chicago is a leading lower-middle-market private equity firm, managing $270 million in two funds. Since its founding in 1998, Prospect Partners has focused on management-led leveraged acquisitions of small niche leaders with revenues typically between $10 million and $30 million; the firm has invested in more than 60 companies across a wide variety of niche consumer, commercial, specialty distribution and select service markets throughout the United States. www.prospect-partners.com

TEXAS POST-SECONDARY SCHOOL BECOMES FIRST HOLDING OF EDUCATION FUTURES GROUP

Prospect Partners and veteran post-secondary school operator Jim Tolbert acquire Computer Career Center

BIRMINGHAM, ALABAMA.June 1, 2006:  Prospect Partners, LLC and veteran post-secondary school operator Jim Tolbertare pleased to announce the acquisition with management of Computer Career Center of El Paso, Texas (www.computercareercenter.com)  . Computer Career Center is the first investment of Education Futures Group, LLC, formed last year by Prospect Partners and Mr. Tolbert to acquire accredited, post-secondary schools throughout the United States and  abroad.

Computer Career Center was founded in 1985. It provides specialized post-secondary career training and occupational education programs to help students in southwest Texas achieve their career goals. The school offers a wide array of programs including allied health, business, IT and legal curricula that award associate degrees and diplomas.

Prospect Partners and Mr. Tolbert partnered with Computer Career Center President Lee Chayes in the acquisition. Ms. Chayes, who will continue to oversee the company as President, is a shareholder in the new company. Mr. Tolbert is Chief Executive Officer both of Education Futures Group and of Computer Career Center.

"We are very impressed with Lee and the school she has built," says Mr. Tolbert. "Computer Career Center is a high-quality, growing school in a dynamic market and is led by an experienced operator and team."

Adds Maneesh K. Chawla, a Principal at Prospect Partners, "Computer Career Center is a great fit with the Education Futures Group strategy and will be an excellent platform for growth. As we expand, we will look at adding new campuses either organically or by making additional acquisitions that meet our criteria."

Prospect Partners and Education Futures Group will focus on acquisitions of smaller accredited post-secondary education operating companies those with revenues between $1 million and $10 million in secondary markets across the United States, where the target companies could benefit from an operationally-oriented buyer with a strong capital base.    

"We are experienced buyers in the education market and can navigate todays regulatory hurdles to complete a transaction," Mr. Chawla says. "Jim is a seasoned executive with tremendous experience, capability and credibility in the post-secondary education industry.  He also has a highly visible leadership position within the sector as the Chairman of the Career College Association."

Prior to forming Education Futures Group, Mr. Tolbert was Chief Financial Officer and a minority owner of Education Corporation of America, a leading operator of post-secondary schools in the southeastern United States and a former portfolio company of Prospect Partners.Prospect Partners and Education Corporation of America management, including Mr. Tolbert, formed the company in 1999 to acquire Virginia College, then an $11 million post-secondary technical school with two campuses in Alabama. Over the next five years, Education Corporation of America grew to nine campuses in four southeastern states and approximately $60 million in revenues. In December 2004, Prospect Partners and management recapitalized Education Corporation of America with another financial buyer, which became the lead investor in the company.

For more information about Education Futures Group, visit www.educationfuturesgroup.com or email Mr. Tolbert at jet@educationfg.com.

About Prospect Partners, LLC

Prospect Partners, LLC of Chicago, Illinois is a leading investor in unique lower-middle-market companies, managing two private equity funds totaling $270 million. Since its founding in 1998, Prospect Partners has focused on management-led leveraged acquisitions and has invested in approximately 50 small niche leaders with revenues typically between $10 and $30 million throughout the United States. For more information about Prospect Partners, please visit www.prospect-partners.com.