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NOBEL EDUCATION DYNAMICS, INC. ANNOUNCES RELISTING ON NASDAQ SMALLCAP MARKET

 CHERRY HILL, N.J., July 16 /PRNewswire/ -- Nobel Education Dynamics, Inc. today announced the relisting of the company on the NASDAQ SmallCap Market under the symbol "NEDI."
 A.J. Clegg, chairman, noted that the relisting was primarily a result of achieving approximately $3 million in stockholder equity, after a deficit of $3.8 million, within approximately 18 months via record profits and capital infusion through two private placements.
 Nobel Education Dynamics, Inc. was formerly known as The Rocking Horse Child Care Centers of America, Inc. The shareholders approved the name change on June 3, 1993, to symbolize a change in the strategic direction of the company.
 /delval/
 -0- 7/16/93
 /CONTACT: A.J. Clegg, chairman, 215-644-5900, or F.E. Montgomery, president, 609-482-9100, both of Nobel Education Dynamics/
 (NEDI)


CO: Nobel Education Dynamics, Inc. ST: New Jersey IN: SU:

MK-LJ -- PH013 -- 2473 07/16/93 12:37 EDT
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Publication:PR Newswire
Date:Jul 16, 1993
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