Bisk Education Announces that Thomson Reuters has Acquired the Bisk Continuing Professional Education ("CPE") and CPA Test Preparation ("CPA") Division Serving the Accounting Industry

TAMPA, Fla., Sept. 10, 2013 /PRNewswire/ -- Bisk Education, one of the nation's largest providers of online education from America's leading universities, has sold its Continuing Professional Education ("CPE") and test preparation services for the Uniform Certified Public Accountant Examination ("CPA") to Thomson Reuters Tax & Accounting Business.

Included in the sale is Bisk CPEasy, America's best-selling CPE programs for Public and Industry CPAs since 1971. With more than 300 continuing professional education programs in a variety of multimedia formats, including online, video and live webcasts, CPEasy complements the existing Thomson Reuters continuing professional education line of business. Also included in the sale is Bisk's CPA Review, with its remarkable record of helping more than 150,000 CPA candidates pass the Uniform CPA Exam.

"We believe that this transaction is a win for both organizations as well as our accounting and tax customers," said Nathan Bisk, Founder, Chairman and CEO of Bisk Education. "Going back 42 years, Bisk CPA Review and CPEasy provided the base from which we grew the company. With this sale we now have a single focus toward our online higher education business. Thomson Reuters and our customers will benefit as the CPEasy and CPA Review product lines will be supported by the world's leading source of intelligent information in the tax and accounting marketplace."

Bisk added that, "We are now totally focused on the online higher education market. Our primary goal continues to be the expansion of our University Alliance and U.S. News University Directory divisions. We are looking forward to the addition of new universities and expanding the number of online degree and professional certificate offerings from our existing university partners."

About Bisk Education
Bisk Education, through its University Alliance division, facilitates the promotion and online delivery of associate's, bachelor's and master's degrees as well as professional certificate programs from the nation's leading traditional universities. Powered by UA's technology and support services, its university partners have surpassed 450,000 online enrollments – making UA the largest facilitator of e-learning in the country. University partners include Villanova University, the University of Notre Dame's Mendoza College of Business, Florida Institute of Technology, Michigan State University, University of Florida, University of South Florida, Valparaiso University, New England College, University of St. Thomas, University of San Francisco, Jacksonville University, University of Vermont, The University of Scranton, and Dominican University.

U.S. News University Directory, part of the Bisk network, provides comprehensive and unbiased information on more than 2,000 academic institutions directly from U.S. News & World Report, the most trusted source for college and university rankings since 1983.

Contact Information
Sandy Levine, VP of Marketing Services
Bisk Education/University Alliance Online
9417 Princess Palm Avenue, Tampa, FL 33619
813-621-6200, ext. 328

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SOURCE Bisk Education

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