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The Princeton Review’s Company Look Back at 2024 and Look Ahead to 2025

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NEW YORK, Dec. 30, 2024 /PRNewswire/ — The Princeton Review®, one of the nation’s leading education providers, today shared its annual look back at some of the company’s key offerings over the past year and look ahead to projects in the works for the year ahead.

In 2024, more than a million people turned to The Princeton Review for education-related information and resources. Students used the company’s services and products to score their best on tests; tackle school assignments; improve their grades; research and gain admission to undergraduate, graduate, and medical schools; and maximize opportunities for scholarships and financial aid. Post-graduates used the company’s resources to upskill for career advancement as well as prepare for professional licensing exams. Parents, teachers, counselors, advisors and members of the media reached out to The Princeton Review for information on everything from its survey findings and school rankings to trending topics in education.

The Princeton Review’s services and products in 2024 included:

• Test-prep Courses. Offered for dozens of tests and regularly updated to reflect changes in the tests, The Princeton Review courses are available in various formats from live online to in-person to self-paced. Some of the most popular courses carry The Princeton Review Better Scores Money Back Guarantee. Among its courses for tests taken by college applicants—the SAT®, PSAT/NMSQT®, ACT®, and AP® subject tests—the company’s SAT 1400+  course was the most popular in 2024. Among its courses for tests taken by applicants to graduate, law, business and medical schools—the GRE®, LSAT®, GMAT®, and MCAT®—the company’s LSAT 165+ and MCAT 515+ courses were among the most popular.

The Princeton Review’s courses for professional licensing and certification exams include its USMLE® Test Pack for MD candidates taking the medical licensing exam, and its suite of resources for the NCLEX-RN® exam which is required for licensing as a Registered Nurse. These include its NCLEX-RN LiveOnline and NCLEX Self-Paced course, and its Next Gen NCLEX-RN QBank. The company also offers courses for people preparing to take the CFA® (Chartered Financial Analyst®) Level I, Level II, and Level III exams. Through a marketing partnership with Surgent Accounting & Financial Education, The Princeton Review offers exclusive discounts on Surgent’s exam reviews for the CPA® (Certified Public Accountant), CMA® (Certified Management Accountant), and CISA® (Certified Information Systems Auditor) exams.

• Tutoring. The company’s more than 3,000 trusted tutors are available in 80+ subjects online and on demand, 24/7. They provide customized learning sessions for elementary school through college level students as well as for post-grads. At the company’s Instant Homework Help hub, tutors help students tackle school assignments and improve their study habits. At the LiveOnline Academic Tutoring hub, tutors help students earn higher grades in school, prepare for tests and achieve academic goals. In 2024, the top subjects for which students requested help from the company’s tutors were: Calculus, Pre-Calculus, Algebra-based Physics, and Physics.

• Admissions Counseling. The majority (80%) of students working with the company’s college admissions counselors in 2024 gained admission to at least one of their top three “dream” schools including such highly selective institutions as Harvard, MIT, and the University of Chicago. Students working with the company’s medical school admissions counselors gained admission to top medical schools in the U.S. (Duke, Harvard and Stanford among them) as well as outside of the U.S. (the University of Cambridge, the University of Melbourne, and the University of Toronto among them).

• Books. The Princeton Review’s line of 150+ books, distributed by Penguin Random House, includes test-prep guides and college guides, many of which have been annually updated for more than three decades. Among those long-running titles published in 2024 were the 39th edition of The Princeton Review’s primary guide to the SAT; the 36th edition of its primary guide to the ACT; and the 33rd edition of its flagship college guide, The Best 390 Colleges. Additionally, the 32nd edition of its book Paying for College holds the distinction of being the only annually updated guide to financial aid with guidance on completing the upcoming school year’s FAFSA® (Free Application for Federal Student Aid), a form that all aid applicants must submit, and the College Board’s CSS Profile® which hundreds of selective colleges require. Other notable releases in 2024 included 575+ Practice Questions for the Digital PSAT/NMSQT  and 800+ SAT Practice Questions. Popular Princeton Review guides also hit Amazon.com bestseller lists in 2024. Among them were  Digital SAT Premium Prep and AP World History: Modern Premium Prep which were bestsellers in the College Entrance and Test Guides category, and AP Psychology Premium Prep which was #1 in the Amazon.com bestseller category Teen & Young Adult AP Study Aids New Releases.

• AI Tools. Students using The Princeton Review’s award-winning generative AI-based tools AI College Admissions Essay Counseling and AI Homework Essay Feedback, which debuted in 2023, can upload essays they have written, and—within seconds—receive feedback, evaluation, and recommendations of ways to make their essays even better. (Note: These products do not write the student’s essays.) Designed with input from the company’s college admission and tutoring experts, the tools provide feedback on coherence, conciseness, grammar, spelling, punctuation, and more.

In 2024, The Princeton Review also:

• Reported school rankings in dozens of categories including its

Top Undergrad and Grad Schools to Study Game Design (March)

Best Value Colleges (June)

Best Business Schools and Best Law Schools (July)

Best Colleges (August)

Top Green Colleges (October) and

Top Undergrad and Grad Schools to Study Entrepreneurship (November).

• Conducted national education surveys including its

College Hopes & Worries 2024 Survey. Now in its 22nd year, this survey polled 10,800 college applicants and their parents in February on their application perspectives, need for financial aid, “dream” college (the school they wished they (or their child) could attend if acceptance was a given and cost was not a concern), as well as other timely issues. Among the findings: 82% of respondents overall said financial aid would be very necessary to pay for college and 73% reported high stress about their college applications. The #1 dream college among surveyed students was Harvard. The #1 dream college among surveyed parents was MIT.

College Administrator Summer 2024 Survey. Now in its 5th year, this survey polled administrators at 246 colleges in July on their fall enrollment forecasts, test policies, opinions about the revised FAFSA as well as the use of AI in college applications and admissions, and other issues. Among the findings: 75% of the administrators projected their fall 2024 enrollment to be on par with that of fall 2023; 89% reported their schools were test optional (7% said test blind; 4% said test scores were required); and 70% reported low or very low confidence that the release of the FAFSA for 2025-26 would be timely and smooth.

• Promoted mental health services on college campuses 

The Princeton Review Mental Health on College Campuses project, supported by a partnership with the Ruderman Family Foundation, began with a survey of administrators at 2,000+ colleges about the availability of mental health services and resources at their schools. The company also surveyed college students about their awareness of such services and resources on their campuses. A report on The Princeton Review Campus Mental Health Survey findings is accessible here. In October, The Princeton Review uploaded information about schools’ mental health services to 250 of its college profiles on PrincetonReview.com and named 16 schools to its Mental Health Services Honor Roll for 2025. The company also launched a content hub on its website dedicated to mental health resources. A short video on the project is viewable here.

• Provided free resources for students, parents, teachers, counselors and others

From college-night talks to test-strategy sessions to career-related webinars, The Princeton Review hosted thousands of free events in 2024. Its education experts also created dozens of videos that were uploaded to its YouTube channel. The channel’s 600+ videos feature updates on standardized tests and tips for scoring well on them as well as strategies for gaining admission to (and financial aid from) colleges and universities. In 2024, the videos that were most viewed on The Princeton Review YouTube channel were AP Exams Going Digital!, The New Digital SAT: 15 Must-Know Answers About the Test, and How to Make the Best College Decision by May 1st.

• Was referenced widely in media broadcasts and print and online features

Each year, members of the media reach out to The Princeton Review for comment, advice, and information about education issues. In 2024, the company’s Editor in Chief Rob Franek appeared on several national broadcasts including a segment on NBC TODAY on October 7th that was his 31st appearance on the show. It featured his advice for college applicants, reports on the company’s recently reported college rankings, and comments on trending issues in education. Other media sourcing Rob included: CNBC, the BBC, Teen Kids News and Voice of America. In 2024, hundreds of regional, local and niche media reported on schools that earned various Princeton Review rankings and honors. Many schools are citing these accolades now in their 2024 end-of-year retrospectives.

• Received awards and recognition

In November, two of the leading edtech publications—Campus Technology and THE Journal—honored The Princeton Review along with its affiliate,Tutor.com, naming the company’s AI-based tools for tutoring a Platinum Award-winner in their 2024 Product of the Year Awards. More information about the publications’ awards program is here.

In December, The Princeton Review reported that an effectiveness study has demonstrated that the company’s institutional SAT Prep program meets Level II requirements of the federal Every Student Succeeds Act (ESSA). An accompanying logic model demonstrated that the program is informed by high-quality research that satisfies Level IV requirements of the ESSA. The effectiveness study and logic model were completed by Instructure Research, a third-party research and evaluation group. The study and model were designed to assess student outcomes for an institutional program in which a K–12 district partnered with The Princeton Review to provide test prep for its students.

• Welcomed new executive management

In May, The Princeton Review announced that Robert (Bob) Batten, joined the company as Chief Executive Officer, and in June, it reported that Sarah Robinson, joined the company as Chief Product Officer.

Projects The Princeton Review has in the works for 2025 include:

• Updates of its courses for standardized tests. Having updated its courses for many tests that underwent major revisions in 2024 (including the SAT, GMAT, GRE, and LSAT), the company is revising its courses for the ACT and the AP subject tests to align with significant changes in the tests in 2025. In April, the “Enhanced” ACT” will officially debut with a digital option and in a shorter format. Other changes in the test are forthcoming in September. In May 2025, 28 AP Exams will transition to digital versions.

• Updated editions of many of the company’s books. The Princeton Review will publish significantly updated editions of its test-prep guides for exams referenced above that are undergoing major changes in 2025 as well as create additional resources to prepare for the new tests. The Best 391 Colleges, the 2026 edition of its annual college guide, will reveal the top colleges in 50 categories based on The Princeton Review’s surveys of nearly 170,000 college students. The 2026 edition of Paying for College will provide guidance on completing the 2026–27 FAFSA as well as updates on changes in other financial aid forms and the methodologies by which aid awards are determined.

“As The Princeton Review begins its 44th year, the mission that drove the company’s founding in 1981 remains as vital and relevant today,” said Bob Batten, Chief Executive Officer. “Our full team is dedicated to education and to helping students reach their academic and career goals. We look forward to serving even more students in 2025 and we join with all who care about them and their promising futures.”

About The Princeton Review

The Princeton Review is a leading tutoring, test prep, and college admissions services company. Every year, it helps millions of college- and graduate school–bound students as well as working professionals achieve their education and career goals through its many education services and products. These include online and in-person courses delivered by a network of more than 4,000 teachers and tutors; online resources; more than 150 print and digital books published by Penguin Random House; and dozens of categories of school rankings. Founded in 1981, The Princeton Review is now in its 44th year. The company’s Tutor.com brand, now in its 24th year, is one of the largest online tutoring services in the U.S. It comprises a community of thousands of tutors who have delivered more than 27 million tutoring sessions. The Princeton Review is headquartered in New York, NY. The Princeton Review is not affiliated with Princeton University. For more information, visit PrincetonReview.com and the company’s Media Center. Follow the company on X (formerly Twitter) @ThePrincetonRev and Instagram @theprincetonreview.

All tests are registered trademarks of their respective owners. None of the trademark holders are affiliated with The Princeton Review.

CFA Institute does not endorse, promote, or warrant the accuracy or quality of the products or services offered by The Princeton Review. CFA® and Charted Financial Analyst® are trademarks owned by CFA Institute.

FAFSA® is a registered trademark of the U.S. Department of Education.

LSAT® is a trademark registered by Law School Admission Council (LSAC) which is not affiliated with, and does not endorse, The Princeton Review.

MCAT® is a registered trademark of the Association of American Medical Colleges.

PSAT/NMSQT® is a registered trademark of the College Board and the National Merit Scholarship Corporation, which are not affiliated with,  and do not endorse, The Princeton Review or its offerings. 

SAT® and AP® are trademarks registered by the College Board, which is not affiliated with, and does not endorse, The Princeton Review or its offerings.

WEBSITE: www.princetonreview.com

 

 

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Strategic LiDAR Customer Initiates Production Orders with Sivers Semiconductors

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Shipments will begin in Q4 2026 against rolling production orders as the automotive and industrial sensing programs move into production phase in 2027

KISTA, Sweden, Oct. 20, 2026 /PRNewswire/ — Sivers Semiconductors AB (STO: SIVE), a global leader in photonics and wireless technologies, today announced that its strategic LiDAR customer has initiated production orders for its automotive and industrial sensing customers.

Sivers will supply the continuous-wave distributed feedback (CW DFB) lasers and optical amplifiers powering the customer’s LiDAR platforms, positioning the company to support growing demand as production scales.

“We are pleased to see this strategic program advance from design-win to production, with our customer placing first production orders,” said Alex McCann, Managing Director of Sivers Semiconductors’ photonics business. “This key milestone reflects confidence in our technology, our production facility and its reliability to meet the customer’s requirements for volume production. As the program scales, we expect rolling production orders placed to lead times, in line with our customer’s multi-year production forecasts.”

As announced in March 2026, the program represents a significant long-term opportunity, with estimated cumulative revenue potential of USD 53 million to USD 138 million over the customer’s product lifecycle. The opportunity comes amid strong growth in automotive LiDAR, with Yole Group projecting the global market to expand from USD 861 million in 2024 to USD 3.8 billion by 2030, representing a compound annual growth rate of 28 percent. Beyond automotive applications, LiDAR is gaining traction in industrial markets, including robotics and autonomous machinery.

For more information, please visit https://www.sivers-semiconductors.com/. 

About Sivers Semiconductors

We are Critical Enablers of a Greener Data Economy with Energy Efficient Photonics & Wireless Solutions. Our differentiated high-precision laser and RF beamformer technologies help our customers in key markets such as AI Data Centers, SATCOM, Defense, and Telecom solve essential performance challenges while enabling a much greener footprint. Visit us at: www.sivers-semiconductors.com.

Forward-looking statements

This press release contains forward-looking statements, including statements regarding expected orders, the timing and scale of the customer’s production ramp, deliveries, market development and revenue potential. Such statements are based on current expectations and are subject to risks and uncertainties, including the customer’s production plans, end-market demand and Sivers’ manufacturing capacity, which could cause actual results to differ materially. Sivers undertakes no obligation to update any forward-looking statements, except as required by applicable law.

Media Contact
Tyler Weiland 
Shelton Group
+1-972-571-7834
tweiland@sheltongroup.com

Company Contact
Heine Thorsgaard
CFO 
ir@sivers-semiconductors.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/sivers-semiconductors/r/strategic-lidar-customer-initiates-production-orders-with-sivers-semiconductors,c4411825

 

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Segway Powersports Returns to EICMA for Fifth Year with Model Year 2027 Lineup and New Off-Road Innovations

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MILAN, Oct. 20, 2026 /PRNewswire/ — Segway Powersports is heading back to EICMA for fifth appearance, with new off-road innovations that reflect its “Fear No Place” philosophy. On November 3, the brand will unveil its Model Year 2027 (MY2027) lineup at a product launch in Milan. From upgraded ATVs to the debut of its new flagship two-row UTV and next-generation of iFUN system connected technology, the preview promises exciting developments in design, performance and the riding experience.

Segway Powersports will occupy approximately 880 square meters at EICMA 2026, setting the stage for its upcoming product launch:

Location: Hall 14, Booth I06Launch Date & Time: November 3 at 3:30 p.m. (Milan local time)

For Segway Powersports, off-road riding has always been about more than reaching a destination. It’s about taking on unfamiliar terrain with confidence and discovering new possibilities along the way. As Segway’s professional-grade, high-performance powersports line for global markets, the brand is built around the qualities riders depend on when conditions get tough: strong performance, reliable durability and confident handling.

Expertise, the pursuit of excellence and a spirit of exploration are at the heart of Segway Powersports. Together, these values shape the brand’s “Fear No Place” philosophy and its drive to push riding capabilities further. EICMA offers another opportunity to bring that philosophy into sharper focus and strengthen the brand’s identity in the global powersports market.

Beyond performance, Segway Powersports is forging a distinct visual identity anchored by Rider Red——its signature color-paired with the dedicated Segway Powersports logo. Consistently applied across vehicle designs and brand materials, the color creates a bold, instantly recognizable brand presence.

At this year’s EICMA, the MY2027 lineup will take center stage. Fresh designs, stronger performance and a more engaging riding experience are the key upgrades to look forward to.  Meanwhile, the new flagship two-row UTV will make its Milan debut with an all-weather cabin comfort concept.

Smart connectivity will be another highlight. The next-generation connect system iFUN will make interactions between riders and their vehicles smarter and more intuitive.

With the upcoming launch, Segway Powersports aims to offer a more complete off-road lineup for a wider range of terrains and riding needs. From trail adventures and outings with companions to practical tasks, the expanded range gives riders more ways to make the most of every journey.

The Segway Powersports booth will also feature a special highlight: a race-prepared vehicle that claimed second place in the SSV class at the 2026 European Bajas Championship. Visitors can get a closer look at the race vehicle and a taste of competitive off-road racing.

Media, dealers, partners and consumers are invited to follow the Segway Powersports product launch on November 3 at 3:30 p.m. (Milan local time) in Hall 14, Booth I06 and discover what’s next for Segway Powersports.

About Segway Powersports

Segway Powersports is Segway’s professional-grade, high-performance powersports line for global markets. Guided by expertise, the pursuit of excellence and a spirit of exploration, the brand develops off-road vehicles that combine powerful performance, strong torque, reliable durability and responsive handling. Built for diverse and demanding terrain, its vehicles give riders the confidence to take on new challenges, reflecting the brand’s “Fear No Place” philosophy.

Contact: media@powersports.segway.com 

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ShaMaran Announces Investment in Iraq and Contemplated Bond Issuance

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HAMILTON, Bermuda, Oct. 20, 2026 /PRNewswire/ — ShaMaran Petroleum Ltd. (“ShaMaran” or the “Company”) (Euronext Growth Oslo: SNM) (Nasdaq First North Stockholm: SNM) announces the expansion of the Company’s strategic collaboration with HKN Energy (“HKN”) into Federal Iraq. Building on their joint ventures across the Atrush and Sarsang oil fields in the Kurdistan Region of Iraq, HKN and ShaMaran are extending their cooperation into Federal Iraq through the Hamrin oil development and production contract (“DPC”). PDF Version 

As part of this expansion, ShaMaran will have a 25% shareholding in HKN Hamrin Ltd. (the “Hamrin JV”), the joint venture company holding 100% of the Hamrin DPC. HKN, as the operator of the field, will leverage its operational expertise and established relationship with ShaMaran to advance a major long-term development program.

The Hamrin field is a large discovered and producing oil field previously operated by North Oil Company, an Iraqi state-owned oil company. HKN and ShaMaran will further develop the field with the aim of increasing production above the current 20 Mbopd to maximize recovery over the 25-year term of the DPC. The operator’s and management’s current estimate of remaining gross reserves and resources is in the range of 500 million to one billion barrels. The initial phase of development will target lifting field production to approximately 60 Mbopd by 2028. Further phases of development could target more than doubling those initial production levels, with currently estimated capex for later phases in the range of $2-3 per incremental barrel.

Garrett Soden, Chief Executive Officer of ShaMaran, commented, “The Hamrin investment is a natural extension of our cooperation with HKN, the operator of our two existing assets in the Kurdistan Region of Iraq. The Hamrin field in Federal Iraq is complementary to our existing Kurdistan production and reserves profile, and we expect material synergies from having the same team operate all three assets. Together with HKN, we are committed to increasing Hamrin production to create significant value for Iraq and our shareholders.”

The Hamrin JV farm-in consideration comprises a $35 million carry by ShaMaran of HKN’s share of initial costs in the Hamrin co-venture, with a further $15 million payable out of future cash flow once ShaMaran has recovered its initial investment and carry in full.

Financing – Contemplated Bond Issuance

Elvis Pellumbi, Chief Financial Officer of ShaMaran, commented, “On the back of the attractive Hamrin investment, we are looking to raise a new bond to better reflect the improved credit profile of our expanded asset portfolio, fund Hamrin growth capex and reduce interest costs. We see increased near-term cash flow from our existing assets due to the tri-party export agreement coupled with an enhanced long-term outlook from the addition of future Hamrin cash flows.”

ShaMaran has mandated Pareto Securities AS to be sole bookrunner and manager for a contemplated bond of up to $200 million in order to refinance its existing 2029 bond (ISIN NO0011057622) that has approximately $144 million currently outstanding. The proceeds from the new bond will be used to fund ShaMaran’s share of the Hamrin investment and for general corporate purposes. The Company will host fixed income investor meetings, and a bond issuance may follow subject to market conditions and acceptable terms. It is the Company’s intention to exercise the applicable call option in the existing bond upon successful issuance of the contemplated new bond.

ShaMaran to combine with Gulf Keystone Petroleum Ltd. (“Gulf Keystone”)

ShaMaran and Gulf Keystone today announced that they have signed a merger agreement and a combination agreement to combine their businesses and create a platform for growth in the Kurdistan Region of Iraq and Federal Iraq (the “Transaction”). A copy of the press release can be found at www.shamaranpetroleum.com.

About ShaMaran Petroleum Ltd.

ShaMaran is an independent oil and gas company with non-operated stakes in three fields in Iraq. The Company indirectly holds a 50% working interest in the Atrush Block and an 18% working interest in the Sarsang Block, both in the Kurdistan Region of Iraq. The Company will also hold a 25% interest in the Hamrin JV, which holds the Hamrin DPC in Federal Iraq. The Company is listed in Oslo on Euronext Growth and in Stockholm on Nasdaq First North (ticker “SNM”). ShaMaran is part of the Lundin Group of Companies.

Elvis Pellumbi, CFO, +41 22 560 8600, info@shamaranpetroleum.com, www.shamaranpetroleum.com

This information is information that ShaMaran Petroleum Ltd. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the contact person set out above, at 8:00 CET on October 20, 2026.

This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

The Company’s certified advisor on Nasdaq First North Growth Market is FNCA Sweden AB.

Forward-Looking Statements

Matters discussed in this announcement may constitute forward-looking statements. The use of any of the words “will”, “expected”, “planned” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of certain future events. Certain information set forth in this news release contains forward-looking statements.

 

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