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North Hill Portfolio News

5.24.2007
High Scores Qualify SimpleTuition as a Finalist for "Most Innovative Company"

Newton, MA, May 24, 2007 - SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, has been named a finalist for the Stevie Award for "Most Innovative Company" in the 2007 American Business Awards program.


"Being named a Finalist in The American Business Awards is an important achievement," said Michael Gallagher, founder and president of The Stevie Awards. "It means that independent business executives have agreed that the nominee is worthy of national recognition. We congratulate all of the Finalists on their achievement and wish them well in the competition."


The Most Innovative Company is judged on its product, marketing, sales, manufacturing, management and innovation. SimpleTuition.com is an online student loan comparison resource that allows students and parents to research and apply for Private, PLUS, GradPLUS, Stafford and Federal Consolidation loans. Borrowers can compare loan options on an ‘apples to apples’ basis, manipulate numbers, change assumptions, sort by loan attributes - all in real-time. SimpleTuition is not a lender. Unlike other online student loan resources, SimpleTuition is not sponsored by a single lender or financial services company. The service is free to users.

"SimpleTuition began because we saw an opportunity to help students and parents through the confusing process of finding and applying for student loans," said Kevin Walker, CEO, SimpleTuition, Inc. "We are thrilled to be a finalist of the American Business Awards in the Most Innovative Company category. SimpleTuition is dedicated to helping students and parents understand their student loan options. Our innovation gives thousands of students and parents the ability to make informed decisions about how they finance their higher education."

Hailed as "the business world's own Oscars" (New York Post , April 27, 2005), The American Business Awards are the only national, all-encompassing awards program honoring great performances in business.

Stevie Award winners will be announced during the annual gala on Monday, June 11 at the Marriott Marquis Hotel in New York City. More than 700 executives from across the U.S.A. are expected to attend. The ceremonies will be videocast on the Internet and broadcast on radio, and hosted by Larry Wilmore of TV's THE DAILY SHOW with JON STEWART.

About The Stevie Awards

Hailed as "the business world's own Oscars," Stevie Awards are conferred in four programs: The American Business Awards, The International Business Awards, The Stevie Awards for Women in Business, and the Selling Power Sales Excellence Awards. Honoring companies of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about The Stevie Awards at http://www.stevieawards.com/.

About SimpleTuition, Inc.

Founded in 2005, SimpleTuition is dedicated to helping students and parents make sense of education financing options. Recently featured as one of Fast Company's Top 12 Web 2.0 sites, SimpleTuition offers the leading independent and interactive solution for researching and comparing over 100 private, PLUS, Stafford, GradPLUS and Federal Consolidation loans from more than 45 lenders. SimpleTuition is headquartered in Newton, Massachusetts and is funded by Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more information, visit www.SimpleTuition.com.

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