Aspen Group to Present at October 4th LD Micro Summit
NEW YORK-- Aspen Group, Inc. (OTCBB:ASPU), a nationally accredited online postsecondary education company, announced today that Chairman and CEO Michael Mathews will present at the LD Micro Summit on Thursday, October 4th at 4:30 PM PDT / 7:30 PM EDT. The summit is an invite-only event that showcases the “best of the best” businesses to a select group of over 600 private and institutional investors.
Mr. Mathews will present a focused overview of the company’s recent achievements and business objectives to an elite group of interested parties and will participate in private one-on-one meetings.
“I’m looking forward to presenting at the Summit and sharing the substantial progress we’ve made at Aspen University this year,” said Mathews. “I will be discussing in detail our business model which is unique to the industry. Our post-graduate degree focus, vertically-integrated marketing approach and low tuition rate structure is translating to a first of its kind virtually ‘cash-based’ for-profit online university, given our 2011 Title IV revenues were only 7% of our total cash receipts.”
The conference is being held at the Luxe Sunset Bel Air Hotel in Los Angeles. For more information about Aspen Group Inc., visit www.aspen.edu; for investor relations inquiries call David Garrity, CFO, at 646-450-1843.
About LD MICRO
LD MICRO is a by-invitation only newsletter firm that focuses on finding undervalued companies in the micro-cap space. Since 2002, the firm has published an annual list of recommended stocks as well as comprehensive reports on select companies throughout the year. LD MICRO concentrates on finding, researching, and investing in companies that are overlooked by institutional investors. It is a non-registered investment advisor. For more information, please contact 408-457-1042.
About Michael Mathews, CEO and Chairman, Aspen Group, Inc.
Michael Mathews has served as Aspen’s Chief Executive Officer and a director since May 2011. He served as Chief Executive Officer of interclick, inc. (Nasdaq: ICLK) from August 28, 2007 until January 31, 2011. From June 2007 until it was acquired by Yahoo, Inc. (Nasdaq: YHOO) in December 2011, Mr. Mathews also served as a director of interclick. Mr. Mathews formerly held senior management positions at AGENCY.COM, World Avenue/TheUseful, CKS Group, and BBDO Worldwide.
About Aspen Group, Inc.
Aspen Group, Inc. is an online postsecondary education company. Aspen University’s mission is to become an institution of choice for adult learners by offering cost-effective, comprehensive, and relevant online education. We are dedicated to helping our students exceed their personal and professional objectives in a socially conscious and economically sensible way. One of the key differences between Aspen and other publicly-traded, exclusively online, for-profit universities is that 88% of our full-time degree-seeking students (as of June 30, 2012) are enrolled in a graduate degree program (master or doctorate degree program). Aspen is dedicated to providing the highest quality education experiences taught by top-tier professors - 67% of our adjunct professors hold doctorate degrees.
Aspen Group, Inc.
David Garrity, CFO
Source: Aspen Group, Inc.
Released October 1, 2012