TAMPA, FL July 20, 2007 Management Simulations, Inc. (MSI) has become the first member of the AACSB International Leader's Circle. MSI is the largest provider of business simulations utilized by teachers and professors for university, college and high school courses, and by corporate educators for executive education and management training.

Through its membership, MSI provides support to AACSB projects and initiatives and gains exposure for its Capstone® and Foundation® Business Simulations as well as Comp-XM® Competency Exam to educational institutions and businesses around the world. The Leader's Circle category of corporate membership offers the highest level of support to AACSB International.

"We are delighted to welcome Management Simulations, Inc. as a Leader's Circle corporate member,"� said John Fernandes, president and chief executive officer of Tampa-based AACSB International, which accredits 549 business schools in 31 countries. "MSI brings significant prestige and expertise to our membership base and supplies a product that is in demand by our schools and businesses in all parts of the world."�

Dan Smith, president and founder of the Northfield, Ill.-based company, said that the relationship with AACSB is a natural development of the company's involvement with business education.

"It is a great honor to be the first corporate member of the AACSB Leader's Circle," said Smith, who also serves as an adjunct business professor at AACSB-accredited DePaul University in Chicago. "Our business is dedicated to advancing technology in the classroom and to ensuring that students are better prepared to enter the workforce. This close alignment with AACSB will enable us to work closely with member institutions to strengthen the educational process."

AACSB corporate memberships enable businesses to connect with the world's top business schools through the association's 1,000-plus membership base. Corporate members gain access to deans and other school leaders, and have the chance to advance management education by participating on panels, task forces, peer review teams, and committees. They also gain access to AACSB data resources that can connect them directly with schools, enabling them to utilize information to improve company performance.

About Management Simulations, Inc.
Founded in 1986, Management Simulations, Inc. (MSI) is the leading virtual business simulation program provider worldwide. Its Capstone® Business Simulation is the best-selling business simulation that teaches strategy/tactics, accounting, marketing, finance, human resources, teamwork, leadership, and other topics. MSI's Comp-XM®, used in conjunction with Capstone, provides colleges and universities with the evidence necessary for assurance of learning. MSI works with more than 550 universities, including Harvard, Wharton, Northwestern and Vanderbilt, and more than 250 high schools as well as countless leading businesses, such as Microsoft, Alcoa, BP, Allstate, General Electric, General Motors and PricewaterhouseCoopers. Visit www.capsim.com for more information.

About AACSB International
AACSB International was founded in 1916 by a consortium of 17 business schools, including Dartmouth College (Tuck Business School), Harvard University (Harvard Business School), the University of Pennsylvania (The Wharton School) and Northwestern University. AACSB International is the premier accrediting agency for bachelor's degree, master's degree, and doctoral degree programs in business administration and accounting. The association also is the business education community's professional development organization, conducting a wide array of conference and seminar programs at various locations around the world.

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Contact:

Natalie Sears
AACSB International
813-769-6515
natalie@aacsb.edu
Jason Abrahams
KemperLesnik Communications
312-755-3533
jason.abrahams@kemperlesnik.com