The Oxford Princeton Programme Completes Management Buyout; Company Founder and Current President, Clara Lippert, Says Move Will Propel Company into New Era of Success

PRINCETON, NJ (PRWEB) September 20, 2004 -- The Oxford Princeton Programme Inc., the worlds leading provider of training solutions to the energy, commodity and derivative industries, today announced the completion of a management buyout, giving Clara Lippert, current president, full controlling interest of the company.

Lippert created Princeton Energy Programme in 1992 and PrincetonLive.com in 2000. In 2000 she engineered the merger with The College of Petroleum and Energy Studies, forming The Oxford Princeton Programme. She provided the vision and leadership behind The Oxford Princeton Programme's innovative and successful approach to interactive professional education, building it into the global leading provider of energy education.

As the terms of the deal were not disclosed, The Oxford Princeton Programme will continue to offer its renowned training programs worldwide. The company currently services more than 280 energy companies, 140 non-energy companies, and trains, on average, 120 executive level personnel and 4,000 delegates per year.

I am excited by the opportunity to acquire full control of the companys destiny," said Clara Lippert, CEO and president of The Oxford Princeton Programme, Inc. Becoming an independent company is an evolutionary step to fulfilling the promise to our customers to deliver high quality training and superior customer service. Since 2000, we developed a strong product line and have trained many industry leaders like BP. On our own, we can better assert our identity as a market leader and focus 100 percent attention to our business objectives."

Since The Oxford Princeton Programmes creation in 2000, the company mastered its customer service model and grew a loyal customer base. Maintaining loyalty and attracting new business from likes of BP and other industry stalwarts, The Oxford Princeton Programme regularly enhanced its course offerings by anticipating industry changes and customer needs. Under Lipperts leadership, the company added PrincetonLive.com, its web-based training division, and developed, on average, four instructor-led courses per year meeting customer demand.

ABOUT THE OXFORD PRINCETON PROGRAMME, INC.
The Oxford Princeton Programme is the worlds leading provider of training solutions to the energy, commodity and derivatives industries. In addition to PrincetonLive.com, which offers more than 20 energy and commodity web-based training modules, The Oxford Princeton Programme provides more than 70 instructor-led training courses. Courses include views of oil, power, liquefied natural gas and a variety of other energy, commodity and derivatives topics for both technical and moderate audiences. For a complete list of courses and for other information, visit http://www.oxfordprinceton.com.
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