Educational Development Corporation Announces Rebranding of Home Business Division

Also Announces Third Quarter Fiscal Year Earnings Connect with

Tulsa, Oklahoma–(Newsfile Corp. – December 21, 2022) – Academic Growth Corporation (NASDAQ: EDUC) (“EDC”, or the “Enterprise”) (http://www.edcpub.com) now announces the rebranding of its Household Business enterprise Division to PAPERPIE and the day of their third quarter fiscal 2023 earnings call.

The Business accomplished rebranding its House Organization Division and announces its new title, PaperPie. Per Craig White, President and Main Government Officer, “Our Home Bash Division generates about 85{e4f787673fbda589a16c4acddca5ba6fa1cbf0bc0eb53f36e5f8309f6ee846cf} of our Firm’s product sales. We have noticed this Division grow from 6,000 consultants only 10 decades ago to as several as 60,000 consultants at its peak throughout 2021. We are launching our new branding, PaperPie, which is a better reflection of our total item presenting, which has developed past books. Replacing the title Usborne Publications & More (UBAM) with PaperPie, a new title that a lot more accurately captures all of the products that we offer as a result of this Division together with Usborne Publishing, Ltd. Kane Miller Guides SmartLab Toys and Studying Wrap-Ups. Our Gross sales and Promoting teams have place wonderful initiatives into producing a new identify for this division and we are happy to start PaperPie at the start off of the 2023 calendar 12 months.”

For each Heather Cobb, Chief Sales and Marketing Officer, “We commenced the Home Social gathering Division rebranding method in May of this year with the aim to entire the Division’s rebrand by December 2022. We have engaged our discipline management, workers customers and outside the house companions who contributed innumerable quantities of time, exertion and really like into creating our new title and manufacturer. PaperPie is actually ‘filled’ with the lifestyle and values of our Property Enterprise Division, specially centered on kid’s literacy and learning. Our new model, PaperPie, superior defines who we are and what we symbolize to our shoppers and their families. We are so proud to announce this new identify and start our PaperPie journey in January 2023.”

EDC is scheduled to go to the NASDAQ Marketsite in Periods Sq. on December 28, 2022, to kick off the rebranding start of PaperPie. Craig White is established to ring the NASDAQ Closing Bell alongside with Heather Cobb and Dan O’Keefe, the Firm’s Chief Economical Officer. The new PaperPie identify and emblem will be presented to individuals at this function and broadcast nationwide on various tv and social media channels.

EDC will host its 3rd Quarter Fiscal 2023 Earnings Get in touch with, like a are living Q&A webcast, on Thursday January 5, 2023, at 3:30 PM CT (4:40 PM ET). Craig White, Main Govt Officer and President Heather Cobb, Main Product sales and Advertising Officer Dan O’Keefe, Main Fiscal Officer and Secretary and Randall White, Executive Chairman, will present the Company’s third quarter results and be obtainable for queries next the presentation. Cell phone traces for participants will be out there at (888) 396-8049. The convention ID is: 47737918. Audio replays will be available following the celebration at www.edcpub.com/traders.

About Academic Development Company (EDC)

EDC commenced as a publishing enterprise specializing in publications for little ones. EDC is the owner and special publisher of Kane Miller Books (“Kane Miller”) Discovering Wrap-Ups, maker of instructional manipulatives and SmartLab Toys, maker of STEAM-based toys and online games. EDC is also the special United States Multi-level marketing distributor of Usborne Publishing Minimal (“Usborne”) children’s publications. EDC-owned merchandise are marketed by means of 4,000 retail outlets and EDC and Usborne items are available by unbiased brand name associates who maintain guide showings as a result of social media, reserve fairs with universities and community libraries, in particular person households, as well as other in-man or woman events and world wide web gross sales.

Get hold of:
Educational Progress Company
Craig White, (918) 622-4522

Investor Relations:
Three Aspect Advisors, LLC
Steven Hooser or Jean Marie Youthful, (214) 872-2710