|For Immediate Release:||11 May 2007|
Promissor and Pearson VUE to Develop and Administer Exams for the Washington Department of Financial Institutions
Philadelphia, PA, May 11, 2007 — Promissor®, a leading content development and high-stakes assessment provider recently acquired by Pearson VUE, announced the signing of a new contract with Washington Department of Financial Institutions. The new contract, awarded at the conclusion of a competitive procurement process, provides the Department with test development, maintenance and administration services for their Designated Mortgage Broker and Loan Originators program. The Loan Originator is a new examination developed specifically for Washington in cooperation with subject matter experts from the state. Administration of both examinations begins in June.
Washington designated mortgage broker and loan originator candidates will see immediate benefits from a quick and simple registration process and expanded testing opportunities. All candidates are assured access to conveniently located test centers that are conducive to a positive experience through the combined network of Promissor and Pearson VUE testing facilities.
“Promissor’s resources and experience played a key role in the contract award,” said Deb Bortner, Director of Consumer Services. “This partnership allows us to improve customer service and introduce an element of convenience that was not previously available.”
“The Washington Department of Financial Institutions program is an excellent fit with our current operations,” said Art Valentine, general manager of regulatory services at Promissor. “We are committed to fully leveraging the extensive resources and experience of Promissor and Pearson VUE in the planning, administration, and future development of this program.”
“I know that the Department of Financial Institutions will be completely satisfied with our commitment to customer service and operational excellence,” added Robert Whelan, president of Pearson VUE. “Their confidence in our ability to build the complex study guide, as well as the examinations for designated mortgage brokers and loan originators and administer both examinations serves as further evidence of our dedication to provide the utmost in service, convenience and quality.”
About Pearson VUE and Promissor
Pearson VUE (www.pearsonvue.com) is the global leader in electronic testing services for academic admissions, certification and licensure programs. Pearson VUE offers exams through the world’s largest network of test centers in 151 countries, providing testing services for information technology, regulatory and certification boards, academic, government and corporate clients. Its innovative technology offers the security and control required by academic, licensure and certification programs while its commitment to service provides customers with an unmatched testing experience. Pearson acquired Promissor, which is now a business of Pearson VUE, extending its leadership in the testing and certification industry.
Pearson VUE is a business of Pearson (NYSE: PSO; LSE: PSON), the international media company, whose businesses include the Financial Times Group, Pearson Education, and the Penguin Group.