Apple Valley, MN–
December 02, 2008 Questar Assessment, Inc. (www.questarai.com), a leading educational assessment provider for states, schools and school districts, has joined the Association of Test Publishers (ATP). ATP is a non-profit organization that promotes the benefits of tests and assessment tools related to education, while keeping its community of members apprised of new initiatives affecting tests, test qualifications and test disclosure. Download Full Article - PDF
Brewster, NY–
September 16, 2008 Questar Assessment, Inc. (www.QuestarAI.com), a leading educational assessment provider for states, schools, school districts and third parties, today released a new series of test forms for its widely successful Degrees of Reading Power® (DRP®) literacy assessment for students in grades K-12. DRP assessments were the first criterion-referenced assessments to utilize the concept of readability. Download Full Article - PDF
Brewster, New York–
June 13, 2008 Questar Assessment, Inc. (OCTBB: QUSA) announced its intention to voluntarily file a Form 15 with the United States Securities and Exchange Commission to terminate the registration of its shares of Common Stock under Section 12(g) of the Securities Exchange Act of 1934 (the “Exchange Act”), and to terminate its reporting obligations under Sections 13(a) and 15(d) of the Exchange Act. Under the rules promulgated under the Exchange Act, a company is eligible to terminate its reporting obligations if it has less than 300 record stockholders. The Company has approximately 70 record stockholders, many of whom are officers, directors, employees and affiliates of the Company. Under applicable SEC rules, the Company’s SEC reporting obligations will be suspended immediately upon the filing of the Form 15, and the deregistration of its securities will become effective 90 days after filing, barring any objections from the SEC. Download Full Article - PDF
Brewster, NY–
April 02, 2008 Questar Assessment, Inc. (OTCBB: QUSA) today reported decreases in revenue and EBITDA * (earnings before interest, taxes, depreciation and amortization) and an increase in the net loss for its three months ended January 31, 2008 compared to the three months ended January 31, 2007. Download Full Article - PDF
BREWSTER, NY–
April 01, 2008 Questar Assessment, Inc. (OTCBB: QUSA) today announced that company management will host a conference call for investors Friday, April 4 at 10 a.m. EDT to discuss results for the first quarter of fiscal year 2008. A news release detailing the results is scheduled to be issued before the conference call takes place. Download Full Article - PDF
BREWSTER, NY–
March 14, 2008 Questar Assessment, Inc. (OTCBB: QUSA) today announced that the company is rescheduling its investor conference call, that had been scheduled for March 17, 2008 at 11:00am EDT. The company will be announcing shortly a new date for the call. Download Full Article - PDF
Brewster, NY–
January 29, 2008 Questar Assessment, Inc. (OTCBB: QUSA) today reported increases in revenue, EBITDA * (earnings before interest, taxes, depreciation and amortization) and net income for fiscal 2007 compared to fiscal 2006. Revenues in the year ended October 31, 2007 increased 83% to $43.3 million from $23.7 million fiscal 2006 mainly due to the Questar Educational Systems, Inc. acquisition, and the increase in existing project revenue. Net income in fiscal 2007 increased to $304,071 or 6 cents per diluted share on 5,193,630 shares outstanding from a net loss of $1,124,845 or 23 cents per basic share on 4,802,835 shares in fiscal 2006. EBITDA rose to $6.3 million in fiscal 2007 compared to $1.3 million in fiscal 2006. Download Full Article - PDF
BREWSTER, NY–
January 22, 2008 Questar Assessment, Inc. (OTCBB: QUSA) today announced that company management will host a conference call for investors Tuesday, January 29, at 11 a.m. EDT to discuss results for the fourth quarter and fiscal year ended October 31, 2007. A news release detailing the results is scheduled to be issued before the opening of the stock market that day. Download Full Article - PDF