Apollo Education Reports Developing of Platform to Invest in Innovative Products, Services, Technologies

Apollo Education Group, Inc. (NASDAQ: APOL) today announced the formation ofApollo Education Ventures, LLC, a new platform created to supportentrepreneurial ventures and emerging companies that are developing the latestinnovations in higher education, professional development and human capitalmanagement.“Apollo Education Ventures provides a tremendous opportunity for ApolloEducation Group to partner with young companies that embody the spirit ofinnovation,” said Greg Cappelli, chief executive officer, Apollo EducationGroup, Inc. “We are excited to build long-term relationships withbest-in-class management teams and their investment partners to provide valuefar beyond the financial capital we bring to start-ups and entrepreneurs.”The platform will support entrepreneurial ventures with capital, experience,strategy, business development and exposure to global relationships to promoteeducation innovation and accelerate portfolio company growth and success.Apollo Education Ventures will make minority investments based on a broad setof criteria that will focus on early, mid- and late-stage ventureopportunities across higher education, professional development and relatedhuman capital sectors.Apollo Education Ventures has partnered with Touchdown Ventures Inc., aventure capital firm that works with leading corporations to establish andmanage their corporate venture capital platforms. Touchdown Ventures willsupport Apollo Education Ventures at all stages including deal sourcing, duediligence and portfolio company management.For more information about Apollo Education Ventures, please visitApollo.edu/ventures.