College Bound Student Alliance Appoints CFO.

Business Editors

LAKEWOOD, Colo.--(BUSINESS WIRE)--March 11, 2002

College Bound Student Alliance, Inc., or "CBSA" (OTCBB:GRAD), a provider of college financial aid and preparation resources, today announced that John Chapman will serve as the Company's Chief Financial Officer (CFO).

Mr. Chapman has a wealth of experience in corporate financial management for high growth businesses. He has a proven track record in corporate turnarounds, improving shareholder equity, cost control, total quality management, mergers, acquisitions and finance.

Prior to joining CBSA, Mr. Chapman was CFO for a leading software development company, which he turned from a loss to profitability, leaving with over 283% revenue growth during his four-year tenure. Prior to that, he was Corporate Controller for Productive Data Systems, Inc., an Information Technology (IT) solutions provider to the Telecommunications industry. He took the Company from $50,000 in monthly losses, to generating over $350,000 per month in profits. During his two-year tenure, the Company's annual revenues grew from $18 million to over $50 million, thereby earning the firm a ranking in Inc. Magazine's, "INC 500," a profile of America's fastest growing private companies, for two years running. Prior to working for Productive Data Systems, Mr. Chapman served as Director of Internal Audit for Woodward-Clyde Consultants for a period of four years.

Mr. Chapman Holds a B.S. in Business Administration from San Diego State University and is a Certified Public Accountant (CPA). He began his career working as a CPA and served for eight years with PricewaterhouseCoopers.

Mr. Chapman commented, "I am excited to be a part of a Company with so much potential for growth. I am committed to CBSA's vision, and am confident in my ability to assist in its realization."

Douglas Rother, President and Chief Executive Officer of College Bound Student Alliance, Inc., remarked, "Mr. Chapman's proven experience and ability to steer the profitability of companies, makes him a great asset to our Company. We know that he will be a formidable force in driving the success of CBSA."

College Bound Student Alliance, Inc.

College Bound Student Alliance, Inc. (CBSA) provides services to qualified students to assist in career planning, college course selection, college selection, college entrance testing, and searches for merit awards and financial aid. CBSA markets its services by using direct sales representatives and through scheduled workshops held throughout the United States.

For more information, please visit www.cbsa.com.

This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements. The risks and uncertainties to which forward-looking statements are subject include, but are not limited to, the effect of government regulation, competition and other material risks.