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ATA, Inc. (ATAI) Brought On As Service Provider Of National Unified Certified Public Accountants Exam In China

|Includes: ATA Inc. (ATAI)

ATA, a prominent supplier of computer-based testing and testing-related services in China, announced yesterday that in 2012 it will be the service provider of the National Unified Certified Public Accountants (NYSE:CPA) Exam for the Chinese Institute of Certified Public Accountants (CICPA).

For over 20 years the CPA exam has been administered in China, and as a result of its impressive credibility and high standard, it is one of the most highly regarded national exams in all of China. Last year, over 1.3 million CPA exams were given in China, with more than 550,000 test takers signing up for the professional session and about 7,000 registering for the comprehensive session. Administered in more than 10,000 test centers in China, about 400,000 tests were given in the single largest CPA exam subject. Due to the expanding impact of the CPA exam, the CICPA is making every possible effort to guarantee that the exam is administered fairly and securely.

The national unified CPA exam is a method of CPA selection found only in China. The CPA Examination Committee, overseen by the Ministry of Finance of the People's Republic of China, is solely responsible for the organization of the testing process, while the testing office of the CICPA is responsible for the execution of the CPA exam.

The CICPA believes administering the national unified CPA exam using a computer-based platform is a significant step forward for the "CPA Examination Policy Reform Program," which aims to enhance examination quality and organization.

Mr. Kevin Ma, ATA's Chairman and Chief Executive Officer, stated, "ATA's proprietary, scalable test delivery technologies provide our clients with large-scale testing capabilities that are stable, secure and efficient. We are extremely pleased to be embarking on this relationship with the highly regarded Chinese Institute of Certified Public Accountants. We believe that the body's engagement with ATA further validates our position as the leader in computer-based testing services in China. With our core competencies in technology, operations, security, and quality service, we look forward to begin administering the '2012 National Unified Computer-Based CPA Exam,' which will be the first computer-based CPA exam and a significant milestone for China's computer-based testing service industry."

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