University of Phoenix Establishes Quarterly Scholarship Program with Ongoing Donation from Pride Printing

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Arizona's second-largest printer will be donating a percentage of its University of Phoenix sales back to the university each academic quarter. The donation for the fall 2003 quarter is $15,879.65. The University of Phoenix Alumni Network is using the moneys to generate scholarships for university students.

Phoenix, Arizona -- Pride Printing today announced the first of a series of donations to the University of Phoenix Alumni Network, which will result in scholarships for university students. The initial donation, in the amount of $15,879.65, allows the Alumni Network to establish a new scholarship program providing a maximum of $2,500 per student for eight to 13 students each academic quarter.

Continuation of planned periodic contributions will make Pride Printing the second largest University of Phoenix scholarship sponsor.

"We're extremely happy with Pride Printing's commitment to give back to our student population," said Carrie C. Fries, national director of the Alumni Network. "The donation is of great value educationally because we target demographics consisting of working individuals with an average age of 34, and few scholarships are available for these adult learners. One goal of the Alumni Network is to increase our abilities to support our students through scholarship funds."

Jim Bennitt, CEO of Pride Printing, originated the series of donations in February 2003 based on tiered percentages of printing services sold to the University of Phoenix.

"I am grateful to have the opportunity to be partners with the University of Phoenix and to be in a position to help students get ahead in their personal and professional lives," stated Bennitt, who founded the full-service, progressive printing company in 1992.

The Alumni Network will offer two business, one marketing and one general scholarship category. The scholarships for the fall 2003 quarter apply to students in marketing-related studies. Applicants must be students of the University of Phoenix or the University of Phoenix Online.

About the University of Phoenix
The University of Phoenix helps remove barriers to education for busy adults by providing accessible scheduling (evenings, week ends and online through the Internet) and rigorous degree programs. The University is the largest private accredited university in North America with 152,378 students as of February 28, 2003. The University's focus on small interactive classes, highly personalized teaching and comprehensive academic accountability systems has won recognition by noteworthy academic and business leaders. The University is accredited by The Higher Learning Commission and is a member of the North Central Association.

About Pride Printing
Pride Printing, LLC, is a major full-service commercial printing organization headquartered in Scottsdale, Arizona. The privately held firm provides everything from quick-print to large-scale commercial printing with state-of-art presses and in-house bindery services, fulfillment and distribution included. Pride Printing also offers the latest printing technologies, such as inline UV coating and variable data printing, and guarantees on-time delivery. Satisfied clients include CSK Auto, Vodavi Communications, resorts belonging to a leading Las Vegas casino chain, University of Phoenix, University of Arizona, Arizona State University and many others. For information, please visit http://www.prideprinting.com.

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