Schiller International University Appoints William Kline as Chief Financial Officer

LARGO, FL--(Marketwire - January 13, 2009) - Schiller International University, a leading American-based global education system with seven campuses worldwide, today appointed William (Bill) Kline as Chief Financial Officer (CFO). Kline is a veteran financial executive, experienced in large multinational organizations as well as rapidly growing companies in the development stage.

As Chief Financial Officer, Kline is responsible for managing all financial affairs of Schiller International University, with particular focus on the areas of capital and budgetary planning, coordination of international treasury management, investor relations, and internal control across Schiller's network of international campuses.

"Bill Kline brings unique managerial experience and unparalleled financial insight to Schiller," says Dr. Geoffrey Bannister, president of Schiller International University and international higher education industry veteran. "Kline's appointment to the executive team will help solidify Schiller International University's position as a global education leader as well as drive Schiller's next phase of growth."

Kline's background includes more than 35 years of experience in financial accounting and controls, corporate management and development, overseas operations, investor relations and planning. Prior to joining the Schiller International team, Kline served as CFO at Bioheart, Inc., a life sciences, cell-based therapy company which he led through an initial public offering. From 1999 to 2006, he served as Senior Vice President of Finance at Wildcard Systems, Inc., a high-tech start up company that grew from 35 to over 600 employees before it was acquired by eFunds Corporation in 2005. From 1979-1999, Kline was an audit partner with KPMG, a global professional services firm providing audit, tax and advisory services. He worked in offices throughout the United States and served as managing partner of KPMG's Budapest office, working with clients such as GE and Pepsi as well as many of the firm's Austrian and Hungarian clients.

With a 44-year history of educating more than 20,000 students from more than 100 countries, Schiller International University provides students the opportunity to study in some of the world's most renowned cities with the ability to transfer seamlessly between campuses. Students of Schiller University develop international and cross-cultural competencies in their quest to earn an American degree, greatly increasing the likelihood of securing a leadership position in an increasingly global economy.

About Schiller International University

A portfolio company of Knowledge Investment Partners, Schiller International University was founded in 1964 as a private American University dedicated to the encouragement and active development of international understanding. Comprised of campuses in the United States, France, Germany, Spain, Switzerland and the UK, Schiller International University offers undergraduate and graduate degree programs in international business, international hotel and tourism management, management of information technology, international relations and diplomacy, as well as online degree programs, and study abroad programs in Europe. To learn more, visit http://www.schiller.edu.

Contact Information: Contact: Nikki Martin 303.433.7020