Jun 4, 2009

Ted Fischer Joins ConnectEDU as Executive Vice President of Sales, Partnerships and Strategic Initiatives

Boston, MA – June 4, 2009 - ConnectEDU, (www.connectedu.net), the web-based leader in using data to connect students with colleges and employers through the nation’s largest college and career planning network, is pleased to announce the addition of Ted Fischer as Executive Vice President of Sales, Partnerships and Strategic Initiatives. Fischer brings nearly 20 years of executive leadership and management in sales, operations, acquisitions, and strategic partnerships to the ConnectEDU team.

“I have been an avid believer and advocate of the ConnectEDU mission since my first introduction to the company four years ago,” said Fischer. “As a new member of the dynamic team at ConnectEDU, I am excited about the opportunity to grow the ConnectEDU National Network™ and pursue partnerships that level the playing field for students and parents while enabling success for all stakeholders focused on students.”

Most recently, Fischer was a Partner at Bay Capital Advisors where he worked with ConnectEDU on the company’s last two successful capital raises. Prior to Bay Capital Advisors, he served as Co-Founder and Vice-President at OneNeck IT Services Corporation, a leading IT integration, outsourcing, hosting and managed services firm.

Prior to OneNeck, Fischer served as a Senior Executive at Duro Industries, the largest commission textile dyeing and finishing company in the United States. In his executive roles in sales and operations at Duro, he assisted with the recapitalization of Duro by Carlisle Enterprises LLC and Saunders Karp and Megrue.

Fischer is a graduate of Boston College as well as the Program for Management Development at Harvard Business School. He has served on the Board of Directors for the Harvard Business School Alumni Association since 1998 as Vice President (’00-’02), President (’03-’05) and currently as President Emeritus. Fischer also serves on the Board of Overseers at the Moses Brown School and Year-Up.

“Ted’s passion for empowering young people and his desire to accelerate the changes in the education industry integrate perfectly with our strategic goals and vision at ConnectEDU,” said Craig Powell, President and CEO, ConnectEDU. “Ted’s sales and strategic management experience will no doubt be an asset to our senior leadership team and propel us closer to making our mission a reality for students everywhere.”

For more information on ConnectEDU or the ConnectEDU National Network visit www.connectedu.net or call (617) 532-3000.

About ConnectEDU, Inc.
ConnectEDU is the nation’s leading technology firm dedicated to providing students, educators and employers with comprehensive solutions to successfully navigate education and employment transitions. ConnectEDU's mission is to democratize access to higher education and career opportunities for all students by empowering them and their advisors with the information, resources and collective bargaining power required to realize successful life transitions.

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