Eisenstein Named President, COO of ACT's Workforce Development Division

March 8, 2004

IOWA CITY, Iowa—Michael Eisenstein has been named President and Chief Operating Officer of ACT's Workforce Development Division. He will oversee development, sales and marketing of the company's workforce-related products. Eisenstein is one of two President/COOs within ACT who will report to the Chief Executive Officer.

"In the last decade, ACT has firmly positioned itself as a leader in workforce productivity and development," said Richard L. Ferguson, CEO of ACT. "Michael Eisenstein has a combination of experience and industry knowledge that will aid ACT tremendously in reaching its corporate goals."

ACT's Workforce Development Division is responsible for several key corporate initiatives:

Professional Development Services - which develops high-stakes professional licensure and certification exams for more than 40 client organizations nationwide. These exams range from dietician registry to nuclear medicine technology.
WorkKeys - a job skills assessment and development system used by organizations nationwide to hire and develop their workforce. The system includes validated job analysis and testing for key work skills, including applied math, writing, listening and teamwork.
ACT Centers - a nationwide network of more than 200 state-of-the-art, computerized testing and training centers. ACT Centers offer high-stakes, computer-delivered testing and certification, and more than 2,500 web-delivered skill development courses.

Eisenstein brings 28 years of experience in electronic publishing, e-learning, assessment and testing curriculum, and professional publishing to ACT. Previously, he was Senior Vice President of Product and Business Development at Peterson's, a Division of Thomson Learning, where he produced award-winning e-learning products for education markets. He has also held senior management positions at LexisNexis and the e-learning subsidiaries of several major universities, including eCornell. Eisenstein is an attorney, having practiced appellate law for more than 20 years, and is a member of the Federal and New York Bars. He holds a bachelor's degree in political science from Syracuse University and a Juris Doctor from Brooklyn Law School. He will reside in Iowa City with his wife Robin, and their two children, Melissa, 21, and Sherry, 16.

"The development of a skilled, intelligent workforce is of singular importance to the American economy and its ability to compete in global markets," Eisenstein said. "We can no longer pay lip service to the idea that we must develop our human capital. ACT has developed a broad spectrum of premium tools and services to help individuals and organizations reach their potential. I'm thrilled to be part of a team that plays such a positive role in strengthening our workforce."