Educational Development Corporation Retains Three Part Advisors as Investor Relations Counsel
07 Mayo 2021 - 1:52PM
Educational Development Corporation (“EDC”, or the “Company”)
(NASDAQ: EDUC) (http://www.edcpub.com) today announced it has
retained Three Part Advisors, LLC, a rapidly growing, full-service
investor relations ("IR") consulting firm.
Three Part Advisors, LLC will work directly with management of
the Company to develop and execute a comprehensive, strategic
investor relations program that focuses on educating investors and
increasing exposure within the investment community. In addition to
providing investor relations consulting services, Three Part
Advisors, LLC also produces IDEAS Conferences, which are annual
independent regional investor conferences that attract more than
150 quality presenting companies and more than 1,000 investors and
analysts.
"We believe Three Part Advisors will be instrumental in
proactively increasing investor awareness and educating investors
about the significant opportunities that lie ahead for our
Company," said Randall White, Chief Executive Officer of
Educational Development Corporation. "Three Part Advisors employs
seasoned Wall Street and investor relations professionals and has
an excellent reputation for implementing successful IR
programs."
"We are excited to work with Educational Development Corporation
on its investor relations program," said Steven Hooser, Partner at
Three Part Advisors, LLC. "This is an opportune time to introduce
its compelling investment story to a broad range of targeted
prospective investors. We believe EDC’s growth initiatives, equity
return profile and strong balance sheet present a tremendous
opportunity for new investors, which makes the Company a prime
candidate for our strategic investor outreach and financial
communications program.”
About Educational Development Corporation
(EDC)
EDC is a publishing company specializing in books for children.
EDC is the exclusive United States trade co-publisher of the line
of educational children’s books produced in the United Kingdom by
Usborne Publishing Limited (“Usborne”) and we also exclusively
publish books through our ownership of Kane Miller Book Publisher
(“Kane Miller”); both international award-winning publishers of
children’s books. EDC’s current catalog contains over 2,000 titles,
with new additions semi-annually. Both Usborne and Kane Miller
products are sold via 4,000 retail outlets and by independent
consultants, who hold book showings in individual homes, book fairs
with school and public libraries as well as sales over the
internet.
About Three Part Advisors, LLCThree Part
Advisors, LLC is a leading full-service strategic investor
relations advisory firm. The firm’s programs are designed to help
plan, execute and track the key activities that will allow clients
to achieve their investor relations goals. Annually the firm
produces three IDEAS investor conferences
(www.ideasconferences.com), which are unique events sponsored by
money management firms that collectively manage more than $150
billion in assets. Unbiased by investment banking fees and/or
trading commissions, the firm's IDEAS Conferences have a proven
track record built solely on the premise of generating good IDEAS
that will outperform over time. Three Part Advisors’ wholly owned
subsidiary, Briley Design Group (BDG) has been developing creative
design solutions that solve communications challenges for four
decades. BDG has built a solid reputation for providing exceptional
graphic design solutions for branding, marketing, communications
and advertising. More information is available at
www.threepa.com.
Cautionary Statement for the Purpose of the “Safe
Harbor” Provision of the Private Securities Litigation Reform Act
of 1995.
The information discussed in this Press Release includes
“forward-looking statements.” These forward-looking statements are
identified by their use of terms and phrases such as “may,”
“expect,” “estimate,” “project,” “plan,” “believe,” “intend,”
“achievable,” “anticipate,” “continue,” “potential,” “should,”
“could,” and similar terms and phrases. Although we believe that
the expectations reflected in these forward-looking statements are
reasonable, they do involve certain assumptions, risks and
uncertainties and we can give no assurance that such expectations
or assumptions will be achieved. Known and unknown risks,
uncertainties and other factors may cause our actual results,
performance or achievements to be materially different from any
future results, performance or achievements expressed or implied by
forward-looking statements. Factors that could cause or contribute
to such differences include, but are not limited to, our success in
recruiting and retaining new consultants, our ability to locate and
procure desired books, our ability to ship the volume of orders
that are received without creating backlogs, our ability to obtain
adequate financing for working capital and capital expenditures,
economic and competitive conditions, regulatory changes and other
uncertainties, as well as those factors discussed in our Annual
Report on Form 10-K for the year ended February 29, 2020, all of
which are difficult to predict. In light of these risks,
uncertainties and assumptions, the forward-looking events discussed
may not occur. All forward-looking statements attributable to us or
persons acting on our behalf are expressly qualified in their
entirety by the cautionary statements in this paragraph and
elsewhere in our Annual Report on Form 10-K for the year ended
February 29, 2020 and speak only as of the date of this Press
Release. Other than as required under the securities laws, we do
not assume a duty to update these forward-looking statements,
whether as a result of new information, subsequent events or
circumstances, changes in expectations or otherwise.
Contacts:Educational Development
CorporationRandall White(918) 622-4522
Three Part Advisors, LLCSteven Hooser,
Partner(214) 872-2710
Educational Development (NASDAQ:EDUC)
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