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For Immediate Release: 27 February 2008
PR Contact: Pearson VUE
Heather Young, Marketing Manager

Pearson VUE Signs Contracts with Four New Appraiser Clients

New wins solidify position as lead administrator of new Appraiser Qualifications Board (AQB) exams

BLOOMINGTON, Minn., February 27, 2008 — Pearson VUE, the electronic certification and licensure testing business of Pearson, announced the addition of four new real estate appraiser examination clients: The Arizona Board of Appraisal, Arkansas Appraiser Licensing and Certification Board, Missouri Real Estate Appraisers Commission, and Oregon Appraiser Certification and Licensure Board. All four examination programs will utilize the new Appraiser Qualifications Board (AQB) National Uniform Licensing and Certification Examinations and be delivered on the Pearson VUE network.

Both the Arizona Board of Appraisal and Arkansas Appraiser Licensing and Certification Board selected Pearson VUE to administer their real estate appraiser examination programs following a competitive bidding process in December. During that same time period, Pearson VUE negotiated contracts with the Missouri Real Estate Appraisers Commission and Oregon Appraiser Certification and Licensure Board to administer each state’s appraiser exams. All four state regulatory agencies subsequently signed contracts with Pearson VUE within the past few weeks.

Officials in Arizona, Arkansas, Missouri, and Oregon will see a marked improvement in the way the appraiser examinations are administered in their respective states. Candidates in each of the four states will benefit from increased testing opportunities with conveniently located test centers in-state and across the country, flexible testing hours, and a user-friendly registration system that allows candidates to schedule an exam for the very next day. In addition, these appraiser candidates, who have been taking their exams in pencil-and-paper format, will now benefit from computer-based test delivery, which enables candidates to see their test scores instantly upon exam completion.

Because the new examinations have been in effect since January 1, 2008, Pearson VUE has taken extra measures to ensure a quick and smooth transition. The National Uniform Licensing and Certification Examinations, which have been extended from four hours to either six or eight, are now more comprehensive and rigorous and can only be administered by approved vendors. Pearson VUE, the first vendor to obtain approval, has maintained a close relationship with the AQB since 1995 and delivers more AQB examinations than any other provider. Pearson VUE currently administers the new appraiser exams for candidates in 22 other states.

Art Valentine, general manager of regulatory services at Pearson VUE, said, “We are thrilled to start 2008 with four significant, new contract wins. The decision of the Arizona, Arkansas, Missouri, and Oregon appraiser boards to contract with Pearson VUE solidifies our position as the leader in AQB exam administration.”

Pearson VUE President Robert Whelan said, “These respected appraiser boards chose Pearson VUE because of our reputation as the industry leader. We will work relentlessly to ensure that the high level of service we have promised is delivered and that all of their expectations are exceeded.”

About Pearson VUE
Pearson VUE (www.pearsonvue.com) is the global leader in electronic testing for regulatory and certification boards, providing a full suite of services from test development to test delivery to data management. Pearson VUE offers exams through the world’s largest network of test centers in 162 countries, providing testing services for information technology, academic, government and professional clients. Pearson VUE acquired the former Promissor in 2006, thereby extending its leadership in the certification market. The company’s innovative technology offers the highest levels of security and program control, while its commitment to service provides clients and individual test takers with an unmatched testing experience.

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.

Last updated 2008-02-27