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North Hill Portfolio News

5.9.2007
SimpleTuition Makes The Finals Of The 2007 MITX Technology Awards

SimpleTuition's Student Loan Comparison Resource Up for the MIXT Technology Award In the Customer Relationship Category

Newton, MA, May 9, 2007 - SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced it is a finalist for the fourth Annual MITX Technology Awards. The MITX What's Next Forum & Technology Awards recognize innovative technologies developed in the New England area, as well as the individuals and organizations responsible for driving these advancements. SimpleTuition, Inc. will be recognized with the other finalists at an awards ceremony at the Four Seasons Hotel in Boston on Tuesday, June 5, 2007.

"SimpleTuition is honored to be named as a finalist for the MITX Technology Awards and is proud of our company's achievements and its New England roots," said Kevin Walker, CEO of SimpleTuition, Inc. "This recognition underscores SimpleTuition's commitment to innovation and leadership to help families simplify the process of paying for college."

The Massachusetts Innovation & Technology Exchange (MITX) is the region's premier association for thought leadership, technology trends, business networking and professional training and development

"The regional economy is showing real strength, and it's in no small part due to the resurgence in the technology sector and the innovation that fuels so much of the growth," said Kiki Mills, executive director of MITX. "The MITX Technology Awards are a wonderful opportunity to recognize the companies that are leading the way and to celebrate their accomplishments and that of the entire technology community."

SimpleTuition.com is an online student loan comparison resource where students and parents can research and apply for Private, PLUS, GradPLUS, Federal Consolidation and Private Consolidation loans. Results can be sorted by monthly payment, total cost of the loan, number of payments, first payment due date and APR, and results contain detailed information about loan pricing, borrower benefits and other attributes. SimpleTuition is not a lender. Like many other search and comparison shopping sites, SimpleTuition is a free service for users.

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 objective solution for researching and comparing private, PLUS, Stafford, GradPLUS, Federal Consolidation and Private Consolidation loans. The company currently offers over 50 student loan options from over 25 top 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.

About MITX

Established in 1996, MITX - the Massachusetts Innovation & Technology Exchange (MITX: "my-techs") is the industry and professional organization where technology, marketing and digital media intersect. Reaching more than 6,000 professionals in New England, MITX is a dynamic and growing community for thought leadership, building business relationships and professional training and development. Members of the MITX community take advantage of events, sponsorships, speaking opportunities and networking to make meaningful business connections and exchange innovative leadership, management and technical ideas. With more than 60 events each year, MITX provides its members with the opportunity to promote their companies to targeted audiences. MITX events also provide a valuable forum for networking to source potential business leads, partnerships, ideas, funding and other likeminded peers in the industry. MITX is headquartered in Cambridge. For more information please go to www.mitx.org

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