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Michael Matte Named CFO At Aspen Group, Inc. (ASPU)

|Includes: Aspen Group Inc. (ASPU)

Yesterday, Aspen Group, a nationally accredited online postsecondary education company, announced that Michael Matte has been named as the company's Chief Financial Officer, effective immediately.

Matte is taking over this role form David Garrity, Aspen's former CFO; Garrity has been appointed EVP, Corporate Development, where he will head Aspen's investor relations activities, M&A, and corporate partnerships. He will also be responsible for building Aspen's corporate sales function, which is focused on institutional partnerships.

Matte is joining Aspen Group having most recently been at MeetMe, Inc. as its CFO. He has over 20 years of experience as a CFO of both technology and public companies. A Certified Public Accountant in Florida, Matte began his career in public accounting with Price Waterhouse. He holds a Bachelors of Science from Florida State University,

Michael Mathews, Aspen's Chairman and CEO, remarked, "We are delighted to have attracted Mike to join the Aspen team and we welcome him. He is a strong financial and operational executive with outstanding leadership experience. His track record of managing businesses and positioning them for sustainable, profitable growth is impressive and I look forward to working with him as we continue to identify opportunities to increase shareholder value at Aspen."

For more information, visit aspen.edu

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