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Free and Thornton Assists Florida College with PeopleSoft Student Administration 8 Student Financials Module Implementation

Dallas, Texas - December 6, 2002- Free and Thornton, LLC announced today that they have completed a project that assisted St. Petersburg College in Saint Petersburg, Florida with a PeopleSoft Student Administration version 8 Student Financials module implementation. Free and Thornton is one of the higher education industrys leading consulting and advisory firms.

Dallas, Texas - December 6, 2002- Free and Thornton, LLC announced today that they have completed a project that assisted St. Petersburg College in Saint Petersburg, Florida with a PeopleSoft Student Administration version 8 Student Financials module implementation. Free and Thornton is one of the higher education industrys leading consulting and advisory firms.

When asked about the St. Petersburg College project, Matthew B. "Matt" Thornton Director of Higher Education Consulting for Free and Thornton, LLC said, "We faced some unique functionality challenges at St. Petersburg College such as the SF to Financials GL Interface, some State of Florida reporting requirements, Financial Aid to Student Financials interface, and calculating tuition for some of the nations leading programs offered by Florida institutions to name a few." He continued, "In partnership with the school and the highly capable Student Financials Team, however, we were able to come up with some creative solutions to address all of the challenges."

"We have learned a great deal about some of the different requirements of schools in the State of Florida as well as some new techniques to utilize the PeopleSoft GL Interface," said Emily Thornton, majority partner and CEO of Free and Thornton, LLC, "It is our firm belief that the knowledge we gained from the successful St. Petersburg College project will only help us to better serve our future Florida clients, as well as our other clients across the nation."

About St. Petersburg College

St. Petersburg College was established in 1927 in St. Petersburg, Florida. There are ten SPC instruction locations throughout the state of Florida. According to the latest yearly rankings from the U.S. Department of Education and the Florida Community College System, SPC ranked No. 6 nationally in the number of Associate's degrees awarded for all disciplines, No. 3 in degrees awarded in health professions and related sciences, and No. 4 in nursing degrees awarded. On June 6th, 2001, with Governor Jeb Bushs signature, St. Petersburg College became Floridas first community college to be accorded four-year status. The college dropped "Junior" from its name and is developing baccalaureate degrees in Education, Nursing and Technology. For more information on St. Petersburg College see http://www.spcollege.edu

About Free and Thornton, LLC

Free and Thornton, LLC based in Dallas, Texas, is the first and only woman-owned higher education consulting organization founded and managed by former PeopleSoft Student Administration Beta and Charter school administrators. Free and Thorntons staff of ex-university administrators who have transitioned into consultants offer specialized expertise to universities providing comprehensive student administration, financial, human resources, distance learning, and E-business solutions as well as implementing and integrating those solutions with Enterprise Resource Planning (ERP) packages and E-business software tools. Free and Thornton has more than 12 higher education clients throughout the nation, representing every type of institution from community colleges to Research 1 universities, and from public to for-profit institutions. For more information on Free and Thornton, LLC see http://www.freeandthornton.com .

Contact Information:

Matthew B. "Matt" Thornton, Director of Higher Education Consulting
Free and Thornton, LLC
Phone (972) 333-4435
Fax (972) 412-7830
mthornton@freeandthornton.com
http://www.freeandthornton.com

PeopleSoft, PeopleSoft 8, PeopleSoft Student Administration, and PeopleSoft 8 Student Administration are registered trademarks of PeopleSoft, Inc. (NASDAQ: PSFT). All other company and product names may be trademarks of their respective owners.

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Matt Thornton
Free and Thornton, LLC
9724127830
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