PCSNEWS

Early Childhood and Robotics Programs Selected for Countrywide Pilot

BOISE, Idaho – January 26, 2011 — PCS Edventures!.com, Inc. (OTCBB: PCSV-News), which designs and delivers educational products and services to the K-16 market, today announced that it has received a $40,000 order for early childhood and robotics programs for implementation in five Egyptian schools.

PCS early childhood and robotics programs will be implemented in the schools during the educational year that begins in September 2011.  The five Egyptian schools, which are located in Qina, Sittah Uktubar, Minya, Oboor, and Bur Sa’id, are participating in an educational pilot program launching in five Egyptian governorates during the 2011 school year.  PCS programs will be included in the Kindergarten and 6^th Grade curriculums.

“We are very pleased to be involved in this pilot project,” noted Robert Grover, President, COO and CTO of PCS Edventures!.com, Inc.  “It is a showcase for the country, which is introducing new methods of education that fit perfectly with the PCS philosophy.  We see this as an excellent opportunity to establish programs in highly visible, strategic sites throughout Egypt.”

The order includes the PCS ThinkBug Kindergarten solution, which applies hands-on approaches and manipulatives to the development of early math and language skills.  In addition, robotics educational materials, including the PCS Robotics Educator Pack, will be used in the program.  The PCS Robotics Educator Pack is comprised of the PCS Brain, a proprietary robotic controller; fischetechnik building manipulatives; and the PCS Cortex, a proprietary, progressive environment developed specifically for teaching programming skills to K-12 students.  Specialized training in PCS methods and materials will be included in the support package and supplied by Global Techniques, the exclusive distributor and licensee for PCS in Egypt.

Financing for this program will be provided through a special fund that was established in 2004 with the objective of creating a new model for educational institutions, including schools, technical institutes and universities, that combines high-level educational standards with affordability.  Monies for the fund are available from various sources, including the Egyptian government, development partnership donations, and contributions from societal and business community resources.  The fund is currently supporting a number of educational projects, and this pilot school program represents one of the major initiatives established to contribute to the development of education in Egypt.

Dr. Mohammed Yasser Refai, President of Global Techniques, said, “We have been promoting PCS programs through various channels in Egypt, and our work with pilot programs last Fall and Winter was of critical importance in raising our visibility and securing this important order.”

Boise, Idaho – January 18, 2011 — PCS Edventures!.com, Inc. (OTC BB: PCSV), which designs and delivers educational products and services to the K-16 market, today announced that William F. Albert has been promoted to Vice President of Sales and Marketing for the U.S. market.  Mr. Albert has previously served as Vice President of the Company’s After School Business Unit.  His duties as Vice President of Sales and Marketing will involve the development, execution, and oversight of sales and marketing initiatives for all three PCS domestic strategic business units.

PCS interim Vice President of Marketing, Glen McCandless, joined the Company at the beginning of FY2011 to design a marketing strategy for sales into the domestic market and to identify and recruit a full-time Vice President of Sales and Marketing by the end of the fiscal year.  “Due to the challenges presented by the educational market in the current economy, we needed to be more aggressive and accelerated our original timeline for this initiative,” stated Robert O. Grover, President of PCS Edventures.  “Mr. McCandless concluded his role as Vice President in the third quarter, and we accelerated our efforts to identify a permanent replacement.  Based on past performance and his demonstrated ability to effectively organize and execute innovative sales strategies, Bill Albert was selected to fulfill this key management role.”   

 “This is one of the most challenging times in history for schools in the U.S. and the companies that serve them,” noted Mr. Albert.  “In light of the budgetary constraints facing local governments and school boards, the past year has delivered clear evidence of how difficult it is for school administrators to make important purchasing decisions.  While we recognize that the attainment of sales goals represents a more formidable task than in years past, our pipeline of opportunities is expanding and continues to grow.  Our immediate strategy is to reduce overhead, improve efficiency and discipline, and mobilize our sales and marketing force to focus on specific markets where funds are available to support educational initiatives.  During the last two weeks of December, we focused our sales efforts on the Boys and Girls Clubs of America.  This effort has resulted in additional orders and a solid pipeline of opportunities that we will be working on and aggressively pursuing, with the intent of closing orders within the next sixty days.  In addition, we are targeting other near-term sales opportunities, while building support for the Company’s long-term growth strategy.”

Boise, Idaho – December 28, 2010 — PCS Edventures (OTCBB: PCSV-News) today announced that it has negotiated a settlement with its Directors and Officers Insurance Company.

PCS previously announced in its public filings that Navigators Insurance had chosen to deny coverage for the SEC investigation and the subsequent filing of a complaint against a former officer, a current officer and the Company. While the terms of the settlement are confidential and the coverage negotiated has been reduced, PCS is pleased that a significant portion of legal fees to date will be reimbursed and that a substantial part of the legal costs going forward will also be paid by the Insurance Company.

BOISE, Idaho – December 7, 2010 — PCS Edventures!.com, Inc. (OTCBB: PCSV-News) today announced holiday furlough and altered business hours for the  weeks prior to and after Christmas.

PCS will scale back its development, fulfillment, and accounting, department operations in a non-paid furlough from December 20^th to December 31^st this year.  Public schools typically stop receiving product prior to Christmas and through the holiday break, so it is not possible to deliver products during the holiday season.   “We experience this holiday slowdown each year when a large percentage of our employees are typically away from the office anyway,” said Robert Grover, President, CTO, and COO of PCS Edventures.  “This year we have decided to implement some cost-saving measures that will coincide with the holiday season when business with schools is virtually nonexistent anyway.”

The PCS sales staff will continue to work during this time, focusing its efforts on the non-school affiliated afterschool programs.  Many of these programs finalize budgets and purchase materials for 2011 summer camps in December and January for delivery to sites after March.  “We have dedicated all of our sales personnel to working the phones during this important business time for afterschool programs,” said Bill Albert, Vice President of the PCS Afterschool Business Unit.  “With December just starting, we are already beginning to receive summer camp orders and anticipate this will continue at a strong pace for the coming 60 days.”

PCS plans to return to full staffing levels and normal hours of business beginning January 3, 2010.

BOISE, Idaho-April 15-PCS Edventures!.com, Inc., (OTC Bulletin Board: PCSV) a leading provider of K-12 programs that focus on Science, Technology, Engineering and Mathematics (STEM), today announced that the Company has restructured its operations into four strategic business units (SBUs) to better focus its marketing efforts and improve the efficiency of product development, fulfillment, and overall operations.

The new business units include (1) Technology Education, which targets the Company’s robotics and engineering programs for the Middle and High School technology educational market; (2) K-6 Classroom, which includes PCS’ professional development and student-centered learning products for the elementary classroom; (3) Afterschool, which targets PCS’ enrichment programs for the lucrative Afterschool market segment; and (4) International, which focuses upon specialized STEM programs that involve specific International opportunities.

“PCS has experienced significant organic growth in its suite of products and services over the past several years, and we believe it is appropriate and timely to organize our operations into SBUs,” noted Robert Grover, President of PCS Edventures. “We are developing effective strategies for growing each of these SBUs into highly profitable entities in the future.”

Coincident with the operational restructuring, the Company also announced the addition of Glen McCandless, an education-industry veteran with over 25 years of sales and marketing experience, to its management team as Interim Vice President of Marketing. His background includes 10 years of education marketing, sales and channel management at Apple and 15 years a President of Focus Marketing Inc., a sales, marketing and business development consultancy that assists education-market companies in the development of strategies and programs to accelerate revenue growth and profitability.  Mr. McCandless is an active participant in education-industry associations, including the Association of Educational Publishers and the Software and Information Industry Association’s Education Division.  He is also the creator and manager of SellingToSchools.com, a popular web-based education sales and marketing resource center that represents a portal for timely market information and research, and offers best practices for engaging decision makers in schools.

Mr. McCandless has initially joined PCS as a consultant serving as Interim Vice President of Marketing during PCS’ 2011 fiscal year. Part of his mission will be to define the goals and responsibilities of his position, following which he will assist in the identification and training of an executive who will serve as the Company’s permanent Marketing Vice President in Fiscal 2012 and beyond.

“Glen has a proven track record and has developed valuable strategic relationships within the education marketplace over the past 20-plus years,” stated Grover.  ”He brings to the Company a deep understanding of constantly shifting federal and state funding initiatives, along with superb organizational and strategic marketing skills.  We are excited to have him join us as Interim VP of Marketing as we look forward to a remarkable year of change and growth at PCS during Fiscal 2011.”

Boise, Idaho – April 1, 2010 – PCS Edventures!.com, Inc. (OTCBB: PCSV-News), a leading provider of K-12 programs that focus on Science, Technology, Engineering and Mathematics (STEM), today announced that Robert O. Grover, the company’s COO, President and Chief Technology Officer, has adopted a prearranged trading plan in accordance with guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934 and the company’s policies related to sales by insiders.

Rule 10b5-1 permits public company officers, directors and other insiders to adopt written, pre-arranged stock trading plans when they are not in possession of material nonpublic information.  Using these plans, insiders may gradually diversify investment portfolios and spread stock sales over a period of time, regardless of any material nonpublic information they may receive after adopting the plan.

Under his 10b5-1 plan, Mr. Grover intends to sell, each month for twelve months beginning in April 2010, that number of shares of PCS common stock necessary to generate $5,000 plus brokerage commissions.  In accordance with Rule 10b5-1, Mr. Grover will not have any discretion over timing or amount of sales of PCS stock under his plan.  Prior to the effective date of the plan, Mr. Grover sold 24,738 shares of PCS common stock to help meet personal financial planning goals.  This 10b5-1 plan will facilitate the orderly sale of common stock for personal financial planning purposes with the goal of minimizing any market impact and avoiding any concerns about the timing of the transactions.  Mr. Grover’s sales of PCS stock under this plan will be publicly reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations.