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McGraw-Hill Deepens Commitment to China's $4 Billion Professional Development Education Market through New Relationship with Ambow Education

Posted on: Wednesday, 11 November 2009, 08:15 CST

BEIJING, Nov. 11 /PRNewswire-FirstCall/ -- The McGraw-Hill Companies (NYSE: MHP), a global leader in education solutions, financial services, and business information, today announced it is working with Ambow Education on a new agreement that will deepen the company's commitment to China's large and fast-growing professional development market. Harold McGraw III, chairman, president and chief executive officer of The McGraw-Hill Companies, announced the agreement at a press conference today in Beijing.

Ambow Education is a market leader in vocational training services, and its customers include individuals looking to strengthen their skills and marketability to employers, as well as corporations seeking well-trained, highly skilled employees.

McGraw-Hill Education, one of the largest education solutions providers in the world, plans to develop enhanced, customized English Language Training courseware and training for IT engineers in Ambow's vocational training programs. The innovative learning programs will be offered in a blended format that includes online and group activities focusing on career-specific English that engineers use in their jobs. McGraw-Hill and Ambow also will provide training for the program's instructors.

"As China continues its progress as a major economic power, it is strengthening its commitment to developing a skilled, educated workforce, which is essential to economic competitiveness," said Mr. McGraw. "Students and workers who master languages beyond their own have a distinct competitive advantage in today's world, and McGraw-Hill's ability to combine more than 100 years of experience in education with the latest technologies will help China further enhance the ability of their workers to succeed in the increasingly global, service-oriented economy."

McGraw-Hill Education's Commitment to Professional English Language Training

McGraw-Hill has a longstanding commitment to helping adults around the world meet the English language demands of today's global workforces. The company provides innovative, research-based academic programs and assessments that support use of English in the workplace, including:

• Interactions/Mosaic, McGraw-Hill's leading English language series for adult learners, which helps career-oriented students across Asia, the Middle East and Latin America gain fluency in English and prepare for the TOEFL exam. Interactions' e-Course provides a media-rich learning environment and enables easy measurement of student progress.
• CTB/McGraw-Hill's TABE CLAS-E(TM) product, the leading English language proficiency assessment for adult learners, which is used in English Literacy for Career and Technical Education programs to measure students' reading, listening, writing, and speaking skills. TABE CLAS-E also provides teachers with a reliable, easy-to-use system that accurately identifies the instructional needs of adult English language learners.
  

McGraw-Hill Education's Leadership in Digital Innovation

For more than 100 years, McGraw-Hill has been a leader in delivering high-quality educational content, and today's digital environment has created the opportunity to deploy this content within innovative adaptive learning tools that greatly enhance instruction in learning.

McGraw-Hill Education is the leader in providing cost-effective, digital innovation for teaching and learning. For example:

• McGraw-Hill Connect(TM) is the most advanced all-digital learning platform for higher ed.
• We offer 95% of our college textbooks as e-books across a wide range of digital devices.
• Our Center for Digital Innovation is creating new solutions, such Planet Turtle(TM) and Cinch(TM), which provide interactive math instruction in the same digital environment that today's youngest elementary school students have embraced outside of school.
• We host more than 4 million students and instructors annually who are actively using our digital products in the classroom, in study, and at exam time.
  

About Ambow Education:

Founded in 2000, Ambow Education is the leading provider of personalized education and training services in China. Ambow has education and training services to cater to every stage of life. Ambow Learning Centers are located throughout China, offering after-school tutoring programs, university entrance exam preparation, job-readiness training and corporate training. With its highly-effective 'learning engine' technology and responsive business model, Ambow has consistently set the standards of excellence to which others aspire in the personalized education services sector in China. A pioneer in the sector, Ambow remains its leading technological innovator, as well as the acknowledged trend-setter in the delivery of effective teaching and learning practices. With Ambow, students and professionals can create the career path and future they desire.

About The McGraw-Hill Companies:

Founded in 1888, The McGraw-Hill Companies is a leading global information services provider meeting worldwide needs in the financial services, business intelligence and education markets through leading brands such as Standard & Poor's, McGraw-Hill Education, Platts, Capital IQ, J.D. Power and Associates, McGraw-Hill Construction and Aviation Week. The Corporation has more than 280 offices in 40 countries. Sales in 2008 were $6.4 billion. Additional information is available at www.mcgraw-hill.com.

Investor Relations: http://www.mcgraw-hill.com/investor_relations

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Release issued: November 11, 2009

SOURCE The McGraw-Hill Companies

Source: PR Newswire

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