College Bound Student Alliance Announces Release Of MidSouth Capital Research Report

MidSouth Initiates Coverage With 'Out Perform' Recommendation and Twelve-Month Target Price Of $1.50


LAKEWOOD, Colo., April 1, 2003 (PRIMEZONE) -- College Bound Student Alliance, Inc., or "CBSA" (OTCBB:GRAD), a leading provider of college planning and preparation resources, today announced that MidSouth Capital has initiated coverage on the Company with its research report dated March 31, 2003.

MidSouth Capital research report issues "out perform" recommendation and a twelve-month target price of $1.50. Highlights of the report include the Company's rapidly expanding business and its transition to profitability. Complete copies of the MidSouth research report dated March 31, 2003 can be found at CBSA's website www.cbsa.com.

About College Bound Student Alliance, Inc.

College Bound Student Alliance Inc. (CBSA) is a full-service education and career preparation company, offering students and their families' integrated resources and services to guide them through the college preparation and financial aid process. CBSA's suite of products and services integrates career planning, college major/field of study selection, college selection, college entrance testing and extensive automated searches for merit awards and financial aid packages. These products consist of printed materials, videocassettes and test preparation, college major/field of study and career assessment software and databases accessible through CD-ROM, other materials and, in early stage implementation, through the Internet. With the combined strengths of offering complete financial aid consulting, college targeting, scholastic planning and coaching tools, CBSA is able to provide superior educational resources that help families to reduce college costs, save time, decrease stress and ensure students the highest probability of not only choosing the right school, but gaining the ability to attend that school both academically and financially.

For more information, please visit www.cbsa.com

About MidSouth Capital

MidSouth Capital, Inc. is an independent investment banking company with a focus on developing select client relationships leading to above average profitability. Its principals have assisted Southeastern investors and businesses with a variety of financial services such as: Retail and Private Securities Transactions, Management of Funds, Investment Advisory Services, Mergers and Acquisitions, Structuring and Negotiation of Corporate Finance Opportunities, Development of Strategic Business Partners, Initial Public Offering of Securities. MidSouth Capital, Inc. provides its clients full access to domestic and international securities and capital markets as well as the financial instruments those markets offer.

This release may contain forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results, specifically in the areas of future sales growth and profitability. 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. By publishing this press release, the Company in no way endorses any of the factual recitals or conclusions contained in the subject research report by MidSouth Capital. The Company refers all readers to its publicly filed information as well as its website for base reference.



            

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