February 22, 1994 -- Walton Kennedy Company is a Chicago, Illinois based
advisory firm which provides strategic and corporate finance services to
companies competing in the education industry. Our industry focus includes
vocational schools, educational software, publishing, electronic media,
corporate training and other proprietary education companies.

Walton Kennedy's principals own and operate education businesses. We
readily identify, therefore, with the issues and concerns facing
entrepreneurs in this emerging and rapidly changing industry. We
understand the strategic considerations, organizational issues, personal
developments and financial constraints which often present shareholders
and managers of these businesses with very difficult decisions.

Companies retain Walton Kennedy to help frame and solve these strategic and
financial problems and to help identify and exploit timely opportunities.
What makes Walton Kennedy different is that our exclusive emphasis on
serving companies within the education industry positions us uniquely to
provide creative solutions and positive results for our clients.

Walton Kennedy's President and Managing Director complement their operating
perspectives with over 25 years of combined venture capital and investment
banking experience. We have closed some 60 successful corporate finance
transactions during the past 10 years including nearly $400 million as
principal.

We maintain hundreds of contacts in the private placement and investment
banking community and are experienced with all aspects of the funding
process. Our proprietary database of public and private companies allows
us to closely track strategic activities, important developments and
valuation trends within the education industry.

Walton Kennedy may directly invest equity capital in certain companies
within this educational industry focus. Such investments are generally
limited to those opportunities where we (1) clearly view ourselves as
value-added partners, (2) deem the recipient company adequately funded to
support its mission, and (3) consider our business and investment
objectives compatible with fellow shareholders or co-investors.

We would enjoy speaking with you regarding your company, business
strategies and corporate finance requirements, and invite your inquiry
today. All such conversations are held in the strictest confidence. Please
contact William Walton or David Grenat at:

Walton Kennedy Company
401 North Michigan Avenue Suite 3370
Chicago, Illinois 60611
Voice 312-828-0330,   Fax 312-828-0909

 ============================================================
 From the  'New Product Information'  Electronic News Service
 ============================================================
 This information was processed from data provided by the
 above mentioned company. For additional details, contact 
 the company at the address or telephone number indicated.
 OmniPage Pro is now used for converting all printed input! 
 ============================================================
 All submissions for this service should be addressed to:
 BAKER ENTERPRISES,  20 Ferro Dr,  Sewell, NJ  08080  U.S.A.
 Email: RBakerPC (AOL/Delphi), rbakerpc@delphi.com (Internet)
 ============================================================
