|For Immediate Release:||3 May 2007|
Pearson VUE Signs Exclusive Contract with the National Society of Compliance Professionals
Pearson VUE to provide test development and test delivery for CSCP exam
BLOOMINGTON, Minn., May 3, 2007 — Pearson VUE, the electronic testing business of Pearson, announced the signing of a four-year contract with the National Society of Compliance Professionals Inc. (NSCP) to begin test development and delivery of their new computer-based certification exam, the Certified Securities Compliance Professional™ (CSCP). The exam will be delivered throughout the United States and its territories in the Pearson VUE-owned and -operated network of more than 200 Pearson Professional Centers beginning October 15, 2007.
The CSCP will distinguish professionals with advanced proficiency and a commitment to advancing securities compliance practices and professional development. Lisa Nepi, Deputy Executive Director and Director of Certification for the National Society of Compliance Professionals, said “The introduction of the CSCP will be the industry’s exclusive tool in assessing mastery level competency of investment adviser and broker-dealer professionals. The partnership between NSCP and Pearson VUE for the development and delivery of this new examination will ensure the advancement of the securities compliance profession.”
NSCP is the only nonprofit professional association in the securities industry representing the compliance professional exclusively. The organization serves its members and the industry through education and information. Since its founding in 1987, the NSCP membership has grown to over 1,750 and spans from broker-dealers, investment advisers, bank and insurance firms, to law and accounting firms.
“We are pleased to welcome the National Society of Compliance Professionals and we look forward to providing the highest level of test development and delivery services for the Certified Securities Compliance Professional exam,” said Robert Whelan, president of Pearson VUE. “We’re excited the NSCP has entrusted Pearson VUE with its CSCP certification program and are confident NSCP and its candidates will receive the highest level of service and the high quality, professional testing experience they require.”
About Pearson VUE
Pearson VUE (www.pearsonvue.com) is the global leader in electronic testing services for academic admissions, certification and licensure programs. Pearson VUE offers exams through the world’s largest network of test centers in 151 countries, providing testing services for information technology, regulatory and certification boards, academic, government and corporate clients. Its innovative technology offers the security and control required by academic, licensure and certification programs while its commitment to service provides customers with an unmatched testing experience. Pearson acquired Promissor, which is now a business of Pearson VUE, extending its leadership in the testing and certification industry.
Pearson VUE is a business of Pearson (NYSE: PSO; LSE: PSON), the international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group.
About The National Society of Compliance Professionals
The National Society of Compliance Professionals (www.nscp.org) is a nonprofit, membership organization dedicated to serving and supporting compliance professionals in the securities industry. NSCP offers practical and interpretive guidance on compliance-related matters; alerts its members to important regulatory developments; sponsors educational meetings that serve as forums for exchanging ideas and information; provides professional analyses and counsel in regard to securities laws and regulations authorized by the states, federal agencies and the self-regulatory organizations (e.g. NASD); and promotes professionalism among compliance officials within the securities industry.