Berkery Noyes Advises Thayer | Hidden Creek On Sale Of Educational Resources

Acquisition by Education Enrichment Resources, Inc. Includes Sunburst Software Brand

NEW YORK, October 31, 2007– Berkery Noyes the leading independent investment bank serving the information and technology markets, announces that it advised Thayer|Hidden Creek in exploring strategic alternatives for its portfolio company, Educational Resources. Education Enrichment Resources, Inc. (EERI), a provider of supplemental technology, teaching materials and supplies to education institutions, announced its acquisition of Educational Resources and Sunburst Software from Thayer|Hidden Creek. Top reseller Educational Resources and leading educational publisher Sunburst Software are headquartered in Elgin, IL. Both of these leading education-focused brands will be retained and new products and services will continue to be developed and marketed under them.

“This transaction demonstrates the high interest level and benefits of diversified distribution channels within the K-12 Education industry,” said Chris Curran, the Berkery Noyes Managing Director who advised Thayer|Hidden Creek. “Educational Resources is the clear market leader and Educational Enrichment Resources, Inc’s investment will accelerate its growth.”

“Berkery Noyes demonstrated their depth within the education industry through their strong and diverse relationships with top tier executives,” said Dan Dickinson, Managing Partner at Thayer|Hidden Creek. “We are very pleased with the effort that the team made in identifying several uniquely beneficial strategic alternatives for our firm.” According to Dickinson, Educational Resources and Sunburst brands “are a good fit and an attractive investment for EERI,” which invests in education market companies and owns Best Computer Supplies.

“EERI has provided products for K-12 schools nationally through its brands and operating units since 1985,” said Michael P. DiMino, Chairman and Chief Executive Officer, EERI. “Currently the education sector is gaining positive momentum, and the synergy of EERI combined with Educational Resources and Sunburst will further serve to add to the availability and variety of products and services that we offer today. I see a clear opportunity to accelerate the organic growth of these businesses and use them as the foundation for further acquisition opportunities.”

About Thayer|Hidden Creek:
Thayer|Hidden Creek is a strategically focused private equity firm that targets industrial products and services companies in the middle market. The Firm has offices in Washington, D.C. and Minneapolis, MN. The Thayer|Hidden Creek team utilizes a disciplined approach to investing and a hands-on operating philosophy to help grow and improve the profitability of each of its portfolio companies. More information is available at: www.thayerhiddencreek.com.

About Education Resources:
Educational Resources (www.edresources.com) has provided educators and schools with the tools and services necessary to achieve their instructional technology goals since 1985. As the nation’s largest source of educational software, hardware, accessories, and supplemental products, the company serves educators in more than 16,000 school districts grades K-12. Educational Resources’ sister company, Sunburst Software (www.sunburst.com), publishes award-winning instructional software and the QuickMind.net online learning environment for the K-12 school market. Proprietary series in the Sunburst lineup include Type to Learn, Key Skills™, and Learn About Science.

About Education Enrichment Resources, Inc.:
Education Enrichment Resources, Inc. (EERI), www.eericorp.com, is a Cleveland, Ohio based company focused on providing quality products to the education industry. EERI has primarily supplied K-12 schools nationally through its different operating units and brand names since 1985. With an unyielding eye towards processes that ensure quality and a high level of service, EERI is growing by acquisition, organic development and through operating excellence in a highly fragmented sector of the U.S. economy. This disciplined approach combines the financial and operating skills of our management team with our world class partners for the benefit of our customers, shareholders, suppliers, and associates.

About Berkery Noyes:
Berkery Noyes is among the pre-eminent merger and acquisition firms serving the information industry, and the leading provider of M&A advisory services to the education marketplace. Among the most recent education-related transactions completed by Berkery Noyes are: the acquisition of eInstruction by Leeds Equity Partners; the sale of Psychological Services, Inc. (PSI) to ABRY Partners; the sale of The Teaching Company to Brentwood Associates; the sale of ELLIS to Pearson; the sale of Questar Educational Systems, Inc. to TASA; the sale of The Hampton Brown Company to National Geographic; the acquisition of Delta Education LLC by School Specialty, Inc.; the acquisition by ProQuest Company of Voyager Expanded Learning; the sale of Facts on File to Veronis Suhler Stevenson; the sale of Kurzweil Educational Systems to Cambium Learning; and the sale of Dominie Press to Pearson Inc.

Berkery Noyes’ clients include private companies seeking a buyer, most of the major international information companies, and private equity firms who use the firm’s expertise in locating, analyzing and negotiating with acquisition candidates and in managing divestitures. The firm operates with a staff of forty professionals serving the information, media and technology industries. For more information, visit www.berkerynoyes.com.