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OTC-BB: TASA
Touchstone Applied SCI
Andrew L. Simon
Chairman, President and
Chief Executive Officer
Interviewed conducted by:
Diane Reynolds, Co Publisher
CEOCFOinterviews.com
April 2002
Company
Profile:
Touchstone Applied Science Associates
(TASA), Inc. provides the educational market with state-of-the-art literacy and assessment
tools, including a highly regarded, proprietary line of reading tests – known as the
Degrees of Reading power program.
Though its subsidiary, BETA, Inc.,
TASA evaluates assessment needs for states, school districts, and test and textbook
publishers, and designs tests specifically to met clients’ measurement
specifications.
Modern Learning Press (MLP), Inc.,
also a wholly-owned subsidiary of TASA, designs, publishes and distributes top quality
“consumable” student materials for the primary grades, and creates and publishes
books and pamphlets for elementary school teachers and parents.
The Mildred Elley School,
owned and operated by TASA Educational Services Corporation (TESC), also a subsidiary of
TASA, is an accredited, degree-granting, post-secondary school with campuses in Albany,
New York and Pittsfield, Massachusetts.
TASA is a publicly owned company with
shares traded in the NASDAQ small-capitalization over-the-counter market. The Company is headquartered in Brewster, New
York, with regional representatives located throughout the United States providing local
customer support.
Interview Highlights:
- What three different areas of the education business are they in?
- What has their staff been successful in doing in 15 states over the past 5 years?
-
How do their schools differ from others?
- What states are they considering for expansion?
- How do they develop their testing programs?
- What are the two projects that they are working on with the state of Indiana?
- How do they maintain an edge on the competition?
- How successful has their TASA devision been since it launched its
new ESL test in July 200?
- What are some of the other products that they have developed, which has enhanced ther
business?
- What makes them unique on the costum testing side?
- Are they experiencing revenue growth?
- What is their current area of focus, and what are are they considering extricating
themselves from?
- What is the growth strategy for their custom testing side of the business?
- Can they generate the cash to continue their growth efforts?
- Is this company hitting its stride in a hot market or tailing off in a slow arena?
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