The Chauncey Group International,
Experior Assessments, iLearning
Merge to Form Capstar

New entity will provide integrated learning services

PRINCETON, NJ (March 31, 2003) -- Three companies with combined expertise in assessment, training, and e-learning have merged to form CapstarÔ, a new entity designed to meet the needs for these services for corporations, government agencies, academic institutions and licensure and certification organizations.

The three companies that merged to form Capstar include:

·       The Chauncey Group International^®, a subsidiary of Educational Testing Service^® (ETS^®), and the leading provider of certification and licensing examinations for professionals, business, and government;

·       Experior AssessmentsÔ, a subsidiary of The Chauncey Group and a professional testing and licensing services company providing test development, test administration, licensing management, continuing education administration and other services related to regulatory authorities across the United States; and

·       iLearningÔ, Inc., a Baltimore-based company that provides software and services for online training, education, and communication programs for businesses, associations, and educational institutions.

Clients of the three companies will continue to receive outstanding customer service from their respective contact or company. Capstar will provide integrated learning and assessment services.

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The Chauncey Group International, Experior Assessments, and iLearning Merge to Form Capstar – page 2

Michael J. Fitton, newly appointed chief executive officer of Capstar, said its clients “now will be able to work with a single company that can assess training needs, develop and deliver the training electronically, assess the effectiveness of the training, and provide certification and licensure examinations.”

Capstar begins business with 675 employees and a strong client roster. Experior Assessments will remain headquartered in St. Paul, Minnesota, iLearning will remain in Baltimore, Maryland, and The Chauncey Group, along with Capstar, will be headquartered in Princeton, New Jersey.

“The merger of The Chauncey Group and Experior Assessments with iLearning is an important step in our growth initiative, especially as we seek to offer more products and benefits to the corporate market,” said Fitton, member of The Chauncey Group’s board of directors since 1996. Fitton also notes that The Chauncey Group has been a stakeholder in iLearning since 2000.

iLearning’s product offerings are based on the company’s Resound PlatformÔ, which has set a new standard for media-rich product education, enterprise learning, and corporate communications. The Resound Platform allows clients to deliver information through a dynamic broadcast medium that leverages the speed, reach, and efficiency of the Internet.

Educational Testing Service (ETS) will be the majority owner of Capstar. ETS President Kurt Landgraf will serve as Chairman of the Board of Directors. Landgraf said, “Capstar is a powerful, one-stop company for assessment, training and elearning. No other company can currently provide the breadth and depth of services that Capstar offers.”

About Capstar

Capstar provides the seamless integration of assessment and learning products, services and capabilities available through its subsidiary companies, iLearning, Inc., The Chauncey Group International, and Experior Assessments, LLC. These leading brands, through Capstar, provide knowledge and learning transfer solutions, interactive, real time communication capabilities, development and delivery of electronic training, assessment and certification and licensure examinations for employers, associations, academic institutions and state and federal government agencies.

 

 

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The Chauncey Group International, Experior Assessments, and iLearning Merge to Form Capstar – page 3

About Educational Testing Service (ETS)

Educational Testing Service is the world’s largest private educational testing and measurement organization and a leader in educational research. The company is dedicated to serving the needs of individuals, educational institutions, and government bodies in almost 200 countries. ETS develops and administers more than 12 million tests worldwide. For more information, visit our Web site at www.ets.org. -

About The Chauncey Group International

The Chauncey Group International is the leading provider of certification and licensing examinations for professionals, business, and government. With 30 years of experience in designing, developing and administering occupational, licensure, certification, and professional assessments, The Chauncey Group has helped customers define competencies and measure those competencies effectively and fairly. The Chauncey Group administered certification and licensure examinations to approximately three million candidates via paper-and-pencil, computer-based, and Internet-based testing programs in 60 countries over the past year. The Chauncey Group is headquartered in Princeton, New Jersey. For more information, visit our Web site at www.chauncey.com.

About Experior Assessments

Experior Assessments, LLC., headquartered in St. Paul, Minnesota, is a professional testing and licensing services to state and local regulatory authorities. The company offers test development, test administration, licensing management, continuing education administration and other related services. Experior is the largest provider of outsourced state licensure exams used to regulate occupations in insurance, construction, and cosmetology and is growing as a provider of licensing and certification services for occupations in real estate, nurse aide, and food safety. Experior is a wholly owned subsidiary of The Chauncey Group. For more information, visit www.experioronline.com.

About iLearning

iLearning was founded in 1999. It enables high-impact, media-rich training and communication programs for global corporations by utilizing cutting-edge media broadcast and networking technologies. iLearning enables companies to publish, deliver, and measure live and on-demand training and communication events over the web to desktop users and to a network of connected classrooms located across the United States. For more information, visit www.iLearning.com.

 

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