PCS Edventures! Announces Notice of Intent From Egyptian Ministry of Education


BOISE, Idaho, Oct. 18, 2005 (PRIMEZONE) -- PCS Edventures! (OTCBB:PCSV) announced today that it has received a Notice of Intent from the Ministry of Education in Egypt for a countrywide early childhood education project. The letter affirms technical acceptance of the Young Learner curriculum and programs by the Chairman of Public Education in Egypt and the Minister of Education there and is the final stage prior to the issuance of a contract to begin implementation. Phase I, which is expected to be between $7.3M and $10.2M, is funded by the World Bank and administered by the Egyptian MOE. Phase I will introduce material changes in the Egyptian school system and significantly expand and enhance access, quality, and teaching methodologies.

Tony Maher, Chairman, President & CEO said, "We are thrilled to have received this Notice and the next step is to move on to a formal contract, which we see being done in the near term. We are pleased that PCS has been chosen as the source for curriculum and teacher training in this program. The PCS Young Learner program is an innovative approach to integrating manipulatives with early childhood education, which will be combined with the core early childhood curriculum provided by Foundations, Inc. to create a powerful, research-based, highly effective program for young learners in the Egyptian school system."

Joe Egusquiza, PCS International Sales Manager said, "I want to congratulate PCS Middle East Managing Director, Mr. Mohammed Yasser Refai, for his efforts on this project. PCS is delighted with the joint venture and looks forward to the successful conclusion of the initial phase. The three-phase program involves thousands of school sites, both existing and planned new construction, and initial deployment and training phases are expected to begin yet this calendar year."

About PCS Edventures!

PCS Edventures! is the recognized leader in design, development and delivery of hands-on, project-based learning labs to the K-14 market worldwide. It has sold and installed more than 2,750 hands-on, Engineering, Robotics & Science labs at public and private schools, pre-schools, Boys & Girls Clubs, YMCAs, and other after-school programs in all 50 states in the U.S., as well as sites in 13 countries Internationally. The Labs are supported by Edventures! Online, which is an Internet-based and accessed program available in multiple languages, through its curriculum, communication, assessment capabilities, and online community features. This site can be accessed from the Labs or from the home at www.edventures.com.



            

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