Xap Corporation and Bridges Transitions, Inc. Combine Consolidating College and Career Planning Tools in One Company
Combination of resources benefits students, K-12 schools, and colleges.
Culver City, CA – July 21, 2006 – Xap Corporation and Bridges Transitions Inc. announced today the completion of the business combination through which Bridges, a leading provider of software-based online education planning, career exploration, and high school/college test preparation resources, becomes allied with Xap.
Over 14,000 schools and other agencies in U.S. and Canada use Bridges' products and services.
Bridges will operate as a wholly-owned subsidiary of Xap.
"We welcome Bridges and its many customers into our corporate family," said Liz Dietz, CEO of Xap Corporation.
"Career planning, in which Bridges is the market leader, is intimately related to successful college planning, a field in which Xap has been a leader for the past decade.
Bridges' career planning experience complements perfectly Xap's online college planning and admission application expertise.
This business combination presents the possibility of a comprehensive one-stop online center at which students, and their parents and counselors, can aspire, explore and start to realize career and academic goals."
The integration of Bridges' career planning resources will make available additional tools in Xap Corporation's college planning portals.
Xap is also a leader in online standardized college entrance test preparation and comprehensive electronic transcript exchange systems.
About Xap
Xap Corporation is the leading provider of comprehensive state and regional online college planning portals in the U.S.
During the past decade, more than eight million students have used Xap's planning tools in pursuit of their higher education and career aspirations, as well as submitted nearly six million online college admissions applications for more than 800 higher education institutions.
Xap provides easy-to-use, innovative online solutions that:
1) empower students with online tools to plan, prepare, apply and pay for college;
2) allow colleges and universities to reach more students at a significantly lower cost;
3) equip high schools to better prepare and serve college-bound students; and
4) enable state and regional education organizations to increase college access within their geographic areas.
For more information, visit http://www.xap.com.
