,
which Transaction acquired in July 2004. South has served as Chancellor of South University with campuses in
Savannah, Ga., Montgomery, Ala. and West Palm Beach, Fla.argosyu.263.org).edmc. EDMC 's education institutions offer a broad
range of academic programs concentrated in the media arts , design, fashion,
culinary arts, behavioral sciences, health sciences, education, information
technology , legal studies and business fields, culminating in the award of
associate's through doctoral degrees .

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Transaction joins more than 250 other top commercial publishers and
university presses, including Oxford University Press, Cambridge University
Press, Perseus Books Group, Taylor + Francis, Greenwood Publishing Group,
Princeton University Press, Palgrave Macmillan, and Columbia University Press,
among others, who have licensed their content to the Questia library.
"The partnership with Questia allows us to further our company goal of
enhancing public, professional, and scholarly awareness by reaching the widest
possible audience," said Irving Louis Horowitz, chairman of the board and
editorial director of Transaction Publishers. Transaction's
mission is scholarly and professional inquiry into the nature of society. It regularly rescues important books in all of these fields from
oblivion, and reissues them in new editions with forewords by leading
scholars. Through its many publications, Transaction
promotes mutually beneficial exchanges between academic and professional life. provides the world's largest online academic library
and research resource.
Questia 's unlimited, 24/7 access allows researchers to simultaneously use
every item in its online, scholarly library from any connected corner of the
world.
713-358-2658
ssullivan@questia.

John T. South III Named Chairman of Argosy University

"As Chancellor of South University, John
has worked closely with EDMC to develop the institution into a premier
provider of high-demand degree programs. South.

Argosy University (http://www. EDMC has 72 primary campus locations in 24
states and two Canadian provinces. Factors that could cause
or contribute to such differences include: general economic, political and
industry conditions; the Company's effectiveness in its regulatory compliance
efforts; the effects of extensive and changing regulations on the Company 's
business; changing market needs and technology; the Company's ability to add
and integrate new schools and grow its online programs; increased competition;
the Company's ability to recruit and retain key personnel; and other matters
disclosed in the Company's Securities and Exchange Commission filings,
including the Company's Annual Report on Form 10-K.

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Nearly 700 of these titles are new to the Questia collection while
the others had been previously licensed to Questia by Aldine de Gruyter , Inc. Designed for use by
educators and students to enhance curricula, the Questia service also includes
the Questia Classroom, a teacher/student resource center that incorporates the
digital library content with class instruction.com/ .

Contact: Wendy Dunn
Richards/Gravelle
214-891-5743
wendy_dunn@richards. South, III has been named
Chairman of the Argosy University education system. South as Chairman of the Argosy Board of
Trustees."
Mr. Most recently, Mr.0456,
http://www.

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Questia Media Partners With Transaction Publishers to License Nearly 1 000 Titles for Online Access

Questia's innovative business model, which is based on individual
subscriptions, provides a new revenue stream for publishers, as well as a new
channel of distribution. Through Questia, publishers also can benefit from
backlisted and out-of-print titles by licensing them for online use. "In addition, Questia provides
us with a new revenue stream for our content.
A digital toolkit enables researchers to highlight text, properly cite
passages, and automatically generate bibliographies and footnotes. In
addition, Questia provides a personalized workspace for each user, complete
with an individual bookshelf and reference resources . PITTSBURGH, Education Management
Corporation (Nasdaq: EDMC) announces that John T. South assumes the position as Chairman with oversight of
Argosy's 13 campus locations and six extension sites in 11 states.
In addition to his new responsibilities, Mr. McKernan, Jr. I look forward to working with University President
Gregory O'Brien in the further growth and development of this excellent
institution.
As of Fall 2005, Argosy University's enrollment totaled approximately
12,000 students and South University's enrollment totaled approximately 2,800
students. Argosy University offers doctoral and master's
programs in clinical psychology, counseling and education along with doctoral,
master's and bachelor's degree programs in business administration, bachelor's
degrees in psychology and associate's degree programs in various health
sciences fields.

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HOUSTON, Questia Media, Inc., the world's largest
online academic library and research service, has partnered with Transaction
Publishers by licensing nearly 1,000 books related to international social
science . In
addition, publishers' intellectual property is protected from digital
copyright violations since Questia's content is not available for download or
off-line viewing and the books are displayed one page at a time, maintaining
the original pagination.questia., chief executive
officer and vice-chairman of EDMC."
"I am looking forward to this new challenge and to working with Argosy
University faculty and staff," said Mr., Columbia, S.C. During his tenure as Chancellor, he has overseen the
transformation of the institution from a family-owned, single location college
offering two-year degrees into a four-campus, Level V Southern Association of
Colleges and Schools (SACS) -accredited University offering associate's,
bachelor's and master's degrees.edu) operates 13 campuses and six extension
sites across the nation.312.

Statements in this press release that relate to future results and events,
including statements about EDMC's and Argosy University's anticipated
financial and operating performance, are forward-looking statements within the
meaning of the safe harbor provision of the Private Securities Litigation
Reform Act of 1995. These statements are subject to risks, uncertainties and
assumptions, which change over time.

social science

"

About Transaction
Transaction Publishers is widely acknowledged as a major independent
publisher of social scientific books, periodicals and serials.
Transaction offers publications in older, established disciplines such as
economics, political science, history, sociology, anthropology and psychology,
as well as recently established disciplines ranging from area research to
urban studies, policy analysis , philosophy of social science, organizational
behavior and criminology. "Argosy University is a
university community of skilled and dedicated educators and professionals with
a passion for delivering excellence and my goal is to continue to build on a
tradition of excellence. South University was acquired by EDMC in 2003.

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Located on the campus of Rutgers University in Piscataway, New Jersey ,
Transaction has strong ties to the traditional mission of American university
life as a center of learning, and to applied needs of public and private
institutions in social research.com

Sean Sullivan
Questia Media, Inc.com

His thorough understanding of
University operations and management will be a great addition to the Argosy
University system . Forward-looking statements speak only as
of the date they are made and EDMC does not undertake any obligation to update
these forward- looking statements. Actual results could differ materially from
those anticipated in the forward-looking statements, and future results could
differ materially from EDMC's historical performance.

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"As Questia continues to expand, we are pleased to offer these new titles. Their individual subscription
model for online research has created a new and distinct market opportunity
for publishers. Its list now includes the Aldine imprint, which
enhances Transaction 's presence in social science and in biological
anthropology. For more information,
visit http: //www. The Argosy University
Board of Trustees has elected Mr. South will continue to serve
as Chancellor of South University managing its four campus locations and
online education programs.

"We are pleased to have someone with John's education administration
experience and business expertise leading both the Argosy University system of
schools and South University," said John R . He has also
managed the introduction of numerous high-demand health professions and
business degree programs while significantly increasing enrollment at the
University.ncahlc.

Education Management Corporation (http://www.com) is among the largest
providers of private post-secondary education in North America, based on
student enrollment and revenue. EDMC has provided career-oriented
education for over 40 years.

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Over the past six months we have added more than 6,300 new volumes of
full-text books and nearly 623,000 articles to our exceptional library," said
Troy Williams , president and CEO of Questia.

About Questia
Questia Media, Inc. Students, instructors , and lifelong learners in more
than 190 countries use Questia's collection of 56,000 full-text, copyrighted
books and nearly one million articles for scholarly research.
Founded in 1998, Questia Media is based in Houston. Mr.
since 1975. South's leadership led to
the introduction of the South University School of Pharmacy, a three-year
accelerated program, one of only three in the state of Georgia.

Argosy University is accredited by the Higher Learning
Commission and is a member of the North Central Association (NCA) (30 North
LaSalle Street, Suite 2400, Chicago, IL 60602, 1.