A brief history of New Horizons

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A brief history of New Horizons

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2002-01-08 - NEW HORIZONS NAMES TRAINING INDUSTRY EXECUTIVE MARTIN BEAN AS CHIEF OPERATING OFFICER


January 8,2002

New Horizons Names Training Industry Executive Martin Bean As Chief Operating Officer

ANAHEIM, Calif. – Jan. 8, 2002 – New Horizons Worldwide, Inc. (Nasdaq: NEWH), which both owns and franchises New Horizons Computer Learning Centers, has appointed Martin G. Bean, 37, as chief operating officer. Bean has a broad base of successful executive experience in the technology training industry. This includes Vice President, Education at Novell and President of Sylvan Prometric, which was later acquired by The Thomson Corporation.

"Martin Bean is one of the most seasoned and well-respected professionals in the field," said President and CEO Thomas J. Bresnan. "He has the experience and skill set to take our company to new heights. Martin also has a ‘take charge’ approach and a proven ability to manage people, projects and companies on a global scale. And with his understanding of New Horizons gained since joining our Board of Directors in August, Martin should make immediate contributions to our senior management team." Bean will remain on the Board of New Horizons.

Prior to The Thomson Corporation’s acquisition of Prometric, Bean was president of Sylvan Prometric, a division of Sylvan Learning Systems that provided testing and assessment services for information technology and other professional certifications. Prior, at Novell, Inc., Bean was responsible for building the Certified Novell Education program which, under his management, became the model for certification programs in the industry. His innovative marketing and management strategies led to a promotion to head Novell’s educational programs worldwide, where he managed operations through a network of 1,500 authorized education centers in 140 countries.

"I am very excited to assume operational responsibility for the leading independent network of information technology training centers," said Bean. "New Horizons is setting the worldwide standard with its ‘Integrated Learning’ approach to the $22 billion IT training market. Never before have there been such new, innovative methods and training options available to students. These options extend beyond our core classroom training to foster a ‘lifelong learning’ approach that is unparalleled in the industry. I look forward to having a direct role in the forefront of this technology shift, as well as further enhancing and growing the company’s integrated learning services."

Bean has vast experience with some of the industry’s leading associations, including extensive work with CompTIA and the Information Technology Training Association (ITTA). He is also an often-quoted industry spokesperson, as well as a regular contributor for Certification Magazine.

The company also announced that Kenneth M. Hagerstrom, executive vice president of New Horizons Computer Learning Centers, Inc., would be leaving the company after a transition period to pursue other opportunities.

About New Horizons

New Horizons Computer Learning Centers, Inc. is the world’s largest independent IT training company and a subsidiary of New Horizons Worldwide, Inc. New Horizons provides customer-focused computer training choices by delivering approximately three million student training days per year. With more than 280 centers in 46 countries, New Horizons features over 2,000 classrooms, 2,500 instructors and 2,200 account executives (salespeople). For more information, visit www.newhorizons.com.

Company Contact:

Chuck Lennon
New Horizons
714-940-8200
chuck.lennon@newhorizons.com

Investor Relations Contacts:

William Walkowiak, CFA
Klea Theoharis
Lippert Heilshorn & Associates
212-838-3777
wwalkowiak@lhai.com