Educational Development Corporation Announces Rebranding of Home Business Division

On top of that Announces 3rd Quarter Fiscal 12 months Earnings Call

Tulsa, Oklahoma–(Newsfile Corp. – December 21, 2022) – Academic Improvement Company (NASDAQ: EDUC) (“EDC”, or the “Firm”) ( now announces the rebranding of its Household Small business Division to PAPERPIE and the date of their 3rd quarter fiscal 2023 earnings call.

The Enterprise completed rebranding its Property Organization Division and announces its new title, PaperPie. Per Craig White, President and Main Executive Officer, “Our Home Get together Division generates in excess of 85{194d821e0dc8d10be69d2d4a52551aeafc2dee4011c6c9faa8f16ae7103581f6} of our Firm’s product sales. We have found this Division improve from 6,000 consultants only 10 decades ago to as a lot of as 60,000 consultants at its peak in the course of 2021. We are launching our new branding, PaperPie, which is a improved reflection of our full item featuring, which has developed outside of publications. Changing the name Usborne Books & Additional (UBAM) with PaperPie, a new name that additional properly captures all of the products and solutions that we sell as a result of this Division which includes Usborne Publishing, Ltd. Kane Miller Publications SmartLab Toys and Understanding Wrap-Ups. Our Profits and Marketing and advertising groups have set fantastic endeavours into creating a new title for this division and we are very pleased to launch PaperPie at the begin of the 2023 calendar 12 months.”

For each Heather Cobb, Main Product sales and Marketing Officer, “We started out the Dwelling Social gathering Division rebranding system in Could of this calendar year with the aim to total the Division’s rebrand by December 2022. We have engaged our area management, personnel customers and outside the house associates who contributed numerous amounts of time, energy and love into making our new name and model. PaperPie is pretty much ‘filled’ with the society and values of our Home Business enterprise Division, specifically focused on kid’s literacy and learning. Our new manufacturer, PaperPie, superior defines who we are and what we symbolize to our prospects and their family members. We are so very pleased to announce this new name and commence our PaperPie journey in January 2023.”

EDC is scheduled to go to the NASDAQ Marketsite in Occasions Square on December 28, 2022, to kick off the rebranding start of PaperPie. Craig White is established to ring the NASDAQ Closing Bell along with Heather Cobb and Dan O’Keefe, the Company’s Main Money Officer. The new PaperPie name and symbol will be introduced to participants at this occasion and broadcast nationwide on many television and social media channels.

EDC will host its Third Quarter Fiscal 2023 Earnings Simply call, like a reside Q&A webcast, on Thursday January 5, 2023, at 3:30 PM CT (4:40 PM ET). Craig White, Chief Executive Officer and President Heather Cobb, Chief Product sales and Internet marketing Officer Dan O’Keefe, Chief Economic Officer and Secretary and Randall White, Government Chairman, will existing the Firm’s 3rd quarter effects and be offered for inquiries pursuing the presentation. Cellphone lines for contributors will be accessible at (888) 396-8049. The meeting ID is: 47737918. Audio replays will be accessible pursuing the function at

About Academic Improvement Corporation (EDC)

EDC commenced as a publishing organization specializing in books for little ones. EDC is the operator and distinctive publisher of Kane Miller Books (“Kane Miller”) Understanding Wrap-Ups, maker of instructional manipulatives and SmartLab Toys, maker of STEAM-based toys and online games. EDC is also the distinctive United States Mlm distributor of Usborne Publishing Constrained (“Usborne”) kid’s guides. EDC-owned products are sold by using 4,000 retail stores and EDC and Usborne products are offered by unbiased brand partners who keep guide showings via social media, book fairs with schools and public libraries, in person houses, as nicely as other in-individual functions and world-wide-web profits.

Speak to:
Academic Enhancement Company
Craig White, (918) 622-4522

Investor Relations:
Three Element Advisors, LLC
Steven Hooser or Jean Marie Younger, (214) 872-2710

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